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What Took 'Em So Long? Chicago Condo First Powered by the Wind

Michigan Avenue TowerFile this one under the "Yeah, that makes sense" category: Michigan Avenue Tower, in Chicago's South Loop neighborhood, is poised to become the first residential condominium in the Windy City to be powered by the wind. The building will use 100 percent renewable energy to power the 29-floor structure; the condo association brokered a deal to purchase renewable energy credits from Midwest Renewable Energy Credits in the amount that offsets the total quantity of electricity used by the building. The cost of purchasing wind credits to association members will be a little more, approximately $7 per unit per month, but the association plans to pick up the tab through smart investing of its reserves from its annual budget. [Michigan Avenue Tower] via [Hugg]