Energy · 45 views
$1.4B saved: Massachusetts locks in cheaper offshore wind power
Massachusetts has activated long-term contracts for Vineyard Wind, the state’s first utility-scale offshore wind project.
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Summary
Massachusetts has activated long-term contracts for Vineyard Wind, the state’s first utility-scale offshore wind project. Officials say the move will stabilize prices for 20 years and cut a projected $1.4 billion from customer electricity bills over that period.
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