Delmarva Power’s president said today the company won’t negotiate with a wind power company or a natural gas company unless compelled by a court of law.
On Wednesday, the Public Service Commission staff recommended commissioners vote to order Delmarva to negotiate with Bluewater Wind and Conectiv Energy for long-term power purchase agreements.
After taking a day to digest the report, Gary Stockbridge, Delmarva president, said that even if the commission votes to accept the conclusions of the report, Delmarva will refuse to negotiate. Delmarva believes accepting any of the bids would cause ratepayers to have to pay much more for years to come, he said.
“We will take any action at our disposal to prevent that,” Stockbridge said.
Stockbridge said he hopes it doesn’t come to that. Even if the commission votes to order negotiations, the company will have other tools short of litigation, including working with the Legislature, Stockbridge said.
“We believe sound minds will prevail,” he said.
By Aaron Nathans
The News Journal
3 May 2007
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