National Grid submitted an updated power purchase agreement with Deepwater Wind last week. Should the PUC approve it?

Posted 7/5/10

National Grid has filed a new contract to purchase electricity from a planned wind farm off the coast of Block Island developed by Deepwater Wind.

But the price for electricity remains essentially the same as in the contract that was rejected by the R.I. Public Utilities Commission in March, although there are provisions in the new agreement that call for the price to be dropped should there be cost savings in the construction of the facility.

Does the goal of developing renewable energy resources and the potential to build a wind energy industry in the state outweigh the high cost of the electricity relative to the current cost of power derived from fossil fuels?

PBN Hosted

Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
Purchase Data
Book of Lists
Book of Lists cover
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.
Data icons
Data can be purchased as single lists, in either Excel or PDF format; the entire database of the published book, in Excel format; or a printed copy of the Book of Lists.
  • Purchase an e-File of a single list
  • Purchase an e-File of the entire Book of Lists database
  • Purchase a printed copy of the Book of Lists
    Latest News