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Buy Hydrocodone Sale

Wed, Dec 23, 2009

Business, New England

A power purchase agreement reached early this Buy Hydrocodone Sale month between Deepwater Wind and National Grid does not include the Buy Hydrocodone Sale expense of a submarine transmission cable to the mainland and that Buy Hydrocodone Sale construction could cost ratepayers an additional $50 million, according to a National Grid official.

The agreement was a Buy Hydrocodone Sale major step toward the development of an eight-turbine offshore wind project near Block Island, Rhode Island.  On Dec. 9, Gov. Donald Carcieri announced that National Grid had agreed to buy the energy at 24.4 cents per kilowatt hour in the first year of operation.  In a Buy Hydrocodone Sale filing to the Rhode Island Public Utilities Commission, National Grid warned that Buy Hydrocodone Sale it was not likely to agree to a similarly high price on future projects.

Deepwater plans to Buy Hydrocodone Sale build and own a 33 kilovolt submarine cable from the offshore turbines to Buy Hydrocodone Sale Block Island, which is not currently connected to the grid.  The company also proposed a Buy Hydrocodone Sale 69 kilovolt submarine cable from Block Island to the mainland but that Buy Hydrocodone Sale expense was not included in the power purchase agreement.

The cost of the Buy Hydrocodone Sale additional underwater transmission could be added to the power purchase agreement or Buy Hydrocodone Sale recovered through increased National Grid distribution rates, according to Daniel Glenning, a Buy Hydrocodone Sale senior project manager at National Grid.  Glenning’s comments came in prepared testimony to Buy Hydrocodone Sale the Rhode Island Public Utilities Commission, which is still reviewing the Buy Hydrocodone Sale agreement.

“The first option would have Deepwater or another entity … be completely responsible for constructing, owning and operating the cable.  Under this Buy Hydrocodone Sale option, the costs of the cable would be added to the Buy Hydrocodone Sale existing pricing,” Glenning said.  “This option would add at least $35-$50 million to Buy Hydrocodone Sale the project construction cost to be recovered through the PPA.”

The testimony did not clarify how that Buy Hydrocodone Sale additional cost would impact ratepayers.  Under the Buy Hydrocodone Sale current terms of the agreement, the average monthly bill for Buy Hydrocodone Sale National Grid’s Rhode Island customers will increase by $1.35 in the first year of the wind farm’s operations.

“The second option would have Deepwater or another entity … construct the Buy Hydrocodone Sale cable and then turn over ownership and operation of the Buy Hydrocodone Sale cable to National Grid,” Glenning said.  “Under this Buy Hydrocodone Sale option, National Grid would recover the revenue requirement for its investment through distribution rates under an Buy Hydrocodone Sale arrangement that would have to be approved by the Federal Energy Regulatory Commission.”

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