Written by: Adrijana Buljan
The Massachusetts Department of Public Utilities (DPU) has issued an Order approving long-term contracts of the 804 MW Mayflower Wind offshore wind farm with the Commonwealth’s Electric Distribution Companies.
The project is expected to provide approximately 0.1 per cent to 1.8 per cent savings on customer’s monthly energy bills, all other bill impacts remaining equal, as it will have a total levelized price of 7.8 cents/kilowatt hour. The total net benefits overall, including both direct and indirect benefits, to Massachusetts ratepayers over the life of the contract are expected to be approximately USD 2.4 billion, according to the DPU.
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