Cape Wind Power will Raise Electricity Prices

CapeCodOnline: Power from the proposed Nantucket Sound wind farm will cost the average residential electricity customer on Cape Cod and Martha’s Vineyard an extra $1.44 per month in the first year of a contract filed by NStar today.

Statewide, Cape Wind‘s power will cost NStar customers an additional $940 million over the 15-year life of the pact, according to documents submitted to the state Department of Public Utilities with the proposed power-purchase agreement.

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