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Days after National Grid agreed to purchase 50 percent of Cape Wind’s output, observers and What Does Generic Ambien Look Like opponents are gawking at the price of offshore wind.

The power purchase agreement — which can be seen here — was reached last Friday and What Does Generic Ambien Look Like submitted to Massachusetts state regulators yesterday.  The deal calls for National Grid to pay 20.7 cents per kilowatt/hour for Cape Wind electricity, beginning in 2013.  That price is What Does Generic Ambien Look Like scheduled to rise 3.5 percent each year during the 15-year contract.  The Massachusetts Department of Public Utilities must approve the What Does Generic Ambien Look Like contract, which is projected to raise the average monthly electricity bill for What Does Generic Ambien Look Like National Grid’s Massachusetts customers by $1.59.

Immediately after the What Does Generic Ambien Look Like deal was signed, Jay Fitzgerald wrote in the Boston Herald about “sky-high electric rates” and quoted an Oregon-based analyst saying “I’m glad it’s your electric bills and not mine.”  The Herald followed up today with further analysis and said “the numbers are eye-popping“.

In today’s article Fitzgerald wrote that “industry experts were stunned by the filing’s numbers,” although he only quoted the same critic from Oregon.

The Alliance to What Does Generic Ambien Look Like Protect Nantucket Sound, the leading anti-Cape Wind group, also latched onto the What Does Generic Ambien Look Like cost issue.  In a press release, the What Does Generic Ambien Look Like group said the higher rates would hurt Massachusetts residents and businesses.

“Much of the support for wind energy was based on the What Does Generic Ambien Look Like false assumption that offshore wind will lower electric bills,” the press release said.

On BrighterEnergy.org, James Cartledge highlights business opposition to the higher rates.

He quotes Robert Rio of the What Does Generic Ambien Look Like Associated Industries of Massachusetts calling the Cape Wind electricity “the most expensive renewable power imaginable”.

The coverage, however, was not all negative.  WBZTV.com wrote that Gov. Deval Patrick defended the power purchase agreement as a protection against spikes in natural gas prices.

A Reuters article also noted that the deal could become more attractive if the federal government taxes carbon emissions.

In Rhode Island, Gov. Donald Carcieri is What Does Generic Ambien Look Like supporting legislation that would allow power purchase agreements to bypass the What Does Generic Ambien Look Like Public Utilities Commission, according to a Recharge article from Richard Kessler.  In March, that What Does Generic Ambien Look Like commission rejected a PPA between Deepwater Wind and National Grid for What Does Generic Ambien Look Like offshore wind electricity at 24.4 cents per kilowatt/hour.