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Contact Information

Telephone:
416-823-7654

Postal address:
4291 County Road 45
Cobourg, Ontario
K9A 0X3

E-mail: info@cinergex.ca

Assumptions and parameters

Waste incineration capacity 300 ton per day (24 hours)
Unit power potential Seven (7) megawatts net
Total unit price Forty Four million dollars (U.S.)*
Fuel saving compared to an equal Potential oil firing plant 1.5 ton per hour
Cost of fuel (oil) USD 600.0 per tonne
Cost of municipal waste disposal ("tipping fee")  
Scenario 1 USD 10.0 per tonne
Scenario 2 USD 20.0 per tonne
Scenario 3 USD 30.0 per tonne
Plant operation time 360 days per year, at 24 hours/day
Total power production 63,704,880 Kwh / year
Debt service terms 10% interest, 10 year term
Debt service coefficient (P&I) .11580259

 

Estimated Electricity Production Cost (Example only).

Plant estimated annual costs
Operating and Maintenance USD   1,043,200.00
Annual debt service USD   4,278,518.00
Staffing Costs  USD   3,567,600.00
Sub-Total Annual Costs USD   8,889,318.00
Electricity revenue (63,704,880 Kwh x .16 USD) USD 10,192,780.00
Total estimated annual profit USD   1,303,462.00 
Plus tipping fee (charge to offset landfill costs, assuming 80% diversion rate)
Scenario 1 - $10.00. USD      720,000.00
Scenario 2 - $20.00 USD   1,440,000.00
Scenario 3 - $30.00 USD   2,160,000.00 


Please note that:

  • The operating cost of this system is dramatically lower than the average real cost of electricity produced in most developing and developed countries.
  • Costs shown are for the building, equipment and leasehold improvements. Permits, licenses, site servicing, other soft costs and shipping are not included and would be determined on a case-by-case basis.
  • This cost analysis does not consider any related positive economic benefits, such as a significant reduction in costs associated with sanitation and public health.