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The Bay State’s hard-pressed businesses, cash-strapped schools and expensive hospitals will get whacked especially hard by Cape Wind’s high electric rates even though there’s far cheaper wind energy available from existing turbines in nearby Maine and elsewhere, a Herald review shows.
Gov. Deval Patrick, who strongly backs the controversial off-shore wind project, has brushed off concerns about Cape Wind’s costs, saying residential customers will pay roughly the equivalent of a cup of coffee, or $1.25 a month more. But a review of National Grid’s own estimates of the above-market prices it would pay for Cape Wind power shows that local businesses, nonprofits and other large energy users will be paying far more - in some cases as much as tens of thousands extra each month.
Great job Deval... .When going green puts you in the red.
Last edited by cupofjoe1962; 10-04-2010 at 04:05 AM..
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Re: Cape Wind rates will whack businesses, hospitals, schools
The project sucks. It makes ZERO sense. Why are people supporting it? This is why this state blows chunks.
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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him." Leo Tolstoy, 1897
Re: Cape Wind rates will whack businesses, hospitals, schools
Quote:
Originally Posted by khayos
Another way to funnel public dollars to cronies...
This project is a blackhole. The numbers being presented are totally bogus. The real costs of the project will be far more than the admin, and developers, are stating. The players are also ignoring the massive costs of eventually replacing these turbines as they poop the bed. It's a horrendous project, and one that will eventually cost taxpayers, and electricity users tens to hundreds of millions of dollars, above and beyond what it's stated costs are today. Politicians truly don't get it.
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To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
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"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him." Leo Tolstoy, 1897