Too Expensive: Wind Power Contract Rejected by R.I. Public Utilities Commission

Wednesday, March 31, 2010
By Susan Jones, Senior Editor

(CNSNews.com) - The R.I. Public Utilities Commission on Tuesday rejected a contract that would have allowed Rhode Island’s largest electric utility to buy power from a wind farm that's planned for the waters off the R.I. coast. It would have been the first project of its kind in the United States, the Providence Journal reported.

The three-member commission voted unanimously against the power-purchase agreement, saying the price of power agreed to by the two sides was too high and that the overall deal was not “commercially reasonable.â€