Moyne Shire looks set to get a $486,000 annual windfall from the Dundonnell windfarm when it becomes fully operational later this year.
The windfarm is undergoing testing of turbines as part of its obligations with the Australian Energy Market Operator for grid compliance, but is expected to be fully operational in September.
The council has made allowances in its proposed budget – which will be discussed at Tuesday’s council meeting – to start collecting rates from the wind farm from September 14.
The windfarm’s five-year rates agreement to pay $485,960 annually is expected to be rolled over for another five years at the end of that time.
Windfarms pay both a base-rate payment – which is currently $56,771 – as well as another payment calculated using their generation capacity.
Dundonnell has an output capacity of 336 megawatts, and applying the current capacity payment of $1277.35 per megawatt equates to an annual capacity payment of $429,190.
The council already receives $896,000 from the operational wind farms of Macarthur, Codrington, Yambuk, Salt Creek and Moretons Lane.
The $560 million, 80-turbine windfarm north of Mortlake is expected to produce enough clean energy each year to power about 245,000 homes.
The project was expected to have created 200 jobs during the construction period which began in January last year.
Dundonnell has been touted as one of the largest windfarms in the state which would employ 10 full-time staff. The blade tip height for the 80 turbines is 189 metres, nearly two-thirds the height of Australia’s tallest building, Melbourne’s Eureka tower.
Moyne Shire’s Council meeting will be held at the Port Fairy Yacht Club on Tuesday at 2pm.
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