Funding and Incentives Programs, A report for Emmerson Lumber Micro Hydro Development Project

Funding and Incentives Programs, A report for Emmerson Lumber Micro Hydro Development Project

Ho, Ivan

Emmerson Lumber Limited
Host contact: Emmerson, Kim

Hill, Stephen
Department: Environmental and Resource Science/Studies

TP-539

2006

U-Links Office and online

Haliburton County

Funding for micro-hydro installations

Determine the financial viability and potential sources of funds to purchase and install a micro hydro generating station on an existing, privately owned dam. Power generated will be used to meet the energy needs of a local lumber supply and retail store.

The purpose of this report is to determine the financial viability for potential sources of funding and/or incentives programs for the purchase, construction, and installation of a micro hydro installation in Ontario, put together for Emmerson Lumber Limited in Haliburton. A directory and description of any funding/incentives are provided for the Government of Canada and the province of Ontario. Funding is divided into three categories, direct funding, tax incentives, non-tax incentives, and their relevance to Emmerson Lumber. Financial viability of a micro hydro generator appears to be more financially viable and promising now, more than ever. There is also great potential for more financial programs to be unveiled in the future.

Trent University