Cape Cod Wind Project Moves Forward

Approval of alternate energy sources is a good thing. I'm curious about the intial price per kwhr--is that near the going rate in Massachusetts? And, I'm concerned about the 3.5% per year escalator--to me that is inflationary, and I hate to see contracts that (hmm, would would be the word--) enshrine (enforce, institutionalize, ??) inflation.

• the cost of energy produced by Cape Wind will be twice the current going rate for electricity...96 million for a barge designed to drop the pilings paid by the taxpayers...sweetheart deals for political cronies at every step of the project...Mass. corruption at its finest...another reason for Mass. citizens to flock to NH.
  

What? They only want the first half-cycle???

Absolute insanity. They are selling electricity at almost triple the current wholesale rates.

If the project had to compete, they would never have got off the shore. The main thing that this will achieve is to make many more cynics of alternative energy sources when they find out how much it really costs.

18.7 cents kwh! Whoooo-Weeee! That's going to get passed directly to the consumer. National Grid in MA currently charges residential consumers maybe 12-13 cents plus local distribution charges around 5-6 cents for a grand total around 17-19 cents. Whereas towns with municipal electric companies charge residences around 10 cents, all fees included.

Who would have guessed harnessing free energy would cost so much?

old but told to see by you:

so who voted in all the "credits" of the backs of the very voters of the same...?

even GTHP/ one gets the credit, and 1000 get to pay for it...

We have to research and apply, but how in the realms of:

The ut'y of 1980 rep stated: "Look what your doin' !!! We provide 97% less power and costs go up to those 97/100 to keep the volume of profits flowing..."

I was talking to them about some 'support' for the new-found cost-effective solar Air-Collectors for those "gold-medallion" all electric homes that then went to over 100/month from original $17/mo a decade earlier.

Here's a thought, brought about by what happened to a family member who was loyal beyond reason to a company that manufactures the towers for wind turbines, There is a US company on the green bucks/infrastructure band wagon that is moving towards circumventing the "made in the US" stipulation by harassing workers into quitting. The next phase will be to cop a plea to the Government to be allowed to "outsource" due to lack of a labor force.

This company also manufactures rail cars in Mexico.

This is a "Wind Project" of vast proportions.