"Maine Regulators Allow Wind, Utility Project To Move Forward"

"PORTLAND, Maine — Maine utility regulators on Tuesday gave final approval to a wind power project that would provide enough electricity for at least 450,000 New England homes along with construction of a new transmission corridor in northern Maine to get the electricity to the regional power grid.

The unanimous vote by the Maine Public Utilities Commission on two projects bearing a net cost of $1.8 billion comes after Massachusetts endorsed the proposal, becoming a partner on the 1,000-megawatt project and allowing the costs to be shared by a larger pool of ratepayers.

Under the plan, Maine ratepayers would be responsible for 60%, or about $1 billion of the costs, officials said. The average ratepayer would pay an extra $1 per month over the first decade, officials said."

David Sharp reports for the Associated Press January 31, 2023.

Source: AP, 02/01/2023