Using the wind speed measurements collected at the University of Victoria School-based Weather Station Network over the last several years, an assessment of the local wind power potential is presented focusing on its residential use. It is found that, while the local winds are generally characterized by relatively small mean values, their spacial and temporal variability is large. More wind power is potentially available during the winter season compared to the summer season, and during daytime compared to nighttime. The examination of wind characteristics at 32 stations in the network reveals areas with wind energy potential 1.5-2.3 times larger than that at the UVic location, which represents a site with average wind power potential. The station with the highest potential is found to be that of Lansdowne. The probability distribution of the local wind speeds can be reasonably well described by the Weibull probability distribution, although it is recommended that seasonal variability of local winds be taken into consideration when estimating the Weibull fitting parameters. Based on a theoretical and statistical analysis, wind power output and its dependence on wind power density are estimated for five different locations in Victoria, B.C. Overall, it is found that the largest amount of power can be produced from the wind at Lansdowne during winter where, among the micro and small turbines considered, the FD2.5-300 and ARE10kW, respectively, would produce the largest amounts of power.