| Current Activities: HCE envisions a small wind farm in the Town of Knox utilizing 3 GE 1.5 MW turbines, in the vicinity of Beebe and Knox Cave Roads, back from the roads, and away from houses. The estimated project construction cost is approximately 11 million dollars. HCE is currently evaluating three different ownership models that may be utilized for a local entity to gain majority or sole ownership of the project. In all models the majority of project proceeds will flow to the town with the hope that the revenue will be ear-marked to help offset the growing property-tax burden. The ideal project owner would be a government entity or not-for-profit that is willing to pass the majority, or all, of net revenue to the Town of Knox. HCE also plans the second annual Renewable Energy Expo at the Octagon Barn in April of 2011 to celebrate earth day. HCE is now a member of ACE NY. The Alliance for Clean Energy New York (ACE NY), a nonprofit 501(c)(3) organization, is a broad coalition dedicated to promoting clean energy, energy efficiency, a healthy environment, and a strong economy for the Empire State. |



