Utility commission OKs financial plan for hydro project

From an article by Cassandra Colson in the Jackson County Chronicle-News:

The Black River Falls Utility Commission approved recommending its financial plan for the $8.7-million dam and hydroelectric project, sending it to the city council for final approval.

Sean Lentz of Ehlers and Associates, who has been consulting with the commission regarding the project’s financing, gave a presentation at the Sept. 29 commission meeting and made his recommendations for the project’s financing.

“The most important point, of course, was the USDA acceptance of the terms and conditions,” Lentz said. “That will make this electric revenue bond issue fit with the other financing that the utility and the city need to do for the combined dam and hydro project.”

Hospital aims for new energy project

A story from WEAU News:

A western Wisconsin hospital wants to harness some of the mighty Mississippi’s power for its own energy needs.

Gundersen Lutheran Hospital is hoping to get approved to build seven hydrokinetic turbines at a Mississippi River dam, which the hospital says would provide about 90% of its energy needs. The hospital says it would take millions of dollars to create, and would use a local power company to convert the power. It’s in the permit stages now, which the hospital says could take three years.

“Versus wind which you never know whether the wind is going to be blowing or the sun is going to be shining so we think that this is a really good alternative as a renewable energy source,” says Jeff Rich with Gundersen Lutheran.

Rich says the hospital could recoup the cost of the project in about ten years.

Hospital aims for new energy project

A story from WEAU News:

A western Wisconsin hospital wants to harness some of the mighty Mississippi’s power for its own energy needs.

Gundersen Lutheran Hospital is hoping to get approved to build seven hydrokinetic turbines at a Mississippi River dam, which the hospital says would provide about 90% of its energy needs. The hospital says it would take millions of dollars to create, and would use a local power company to convert the power. It’s in the permit stages now, which the hospital says could take three years.

“Versus wind which you never know whether the wind is going to be blowing or the sun is going to be shining so we think that this is a really good alternative as a renewable energy source,” says Jeff Rich with Gundersen Lutheran.

Rich says the hospital could recoup the cost of the project in about ten years.