Latest / News•Jun 16, 2016
Utilities seek cut of hydro, wind contracts
Peter Shattuck, Massachusetts director at the Acadia Center, an energy advocacy group, said the utility fee seems high considering National Grid and Eversource might play a role in building the transmission lines that will deliver the power. Eversource, for example, is partnering with Hydro-Quebec on the Northern Pass transmission line down from Canada. National Grid is involved with the Green Line in Vermont.
“The bonus incentives seem excessive given that utilities can get a return of 10 percent or more on the transmission to bring hydro and wind online,” Shattuck said.