Upnit Power

Upnit Power

The City of Port Alberni is a minority partner in the Upnit Power Corporation, a 6.5 mega watt (MW), run-of-river, hydroelectric project on China Creek, located on the outskirts of the Port Alberni City boundaries. During peak operation the plant produces enough electricity to power 6000 homes. The project went into operation in December of 2005 and had a total cost of approximately $14 million.

The Ownership Structure is as follows:

The Upnit Power project provides a number of important benefits, including further development and diversification of the local economy, adding to the electricity supply on Vancouver Island (26 gigawatt-hours of electricity/year) and providing revenue to the City of Port Alberni and other partners.

 

Copy of Draft Five Year Financial Plan 2020 - 2024

Click here to view the 2020 - 2024 Five Year Financial Plan.