Mass. OKs National Grid Offshore Wind Contract

Law360, New York (November 23, 2010, 1:33 PM EST) -- Massachusetts’ utilities regulator has approved a 15-year contract allowing National Grid to purchase energy from the first offshore wind farm in the U.S, a major step forward for the controversial project.

 

The Massachusetts Department of Public Utilities issued a 374-page order Monday approving National Grid’s proposal to purchase half of the energy generated from Cape Wind Associates LLC’s project.

 

After a five-month proceeding involving 17 intervenors, the DPU found that the proposal — which is expected to raise customer bills 1 percent to 2...
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