Delmarva Power officials, saying a proposed 450-megawatt wind farm could cost utility customers more than $20 a month, forwarded an independent analysis of the project to the Delaware Public Service Commission.
Pace Global Energy Services, LLC, concluded that without escalators, Delaware customers of Delmarva Power would pay an additional $22 a month, according to a Delmarva Power statement.
Delmarva Power commissioned Pace Global to conduct the study because, “when you’re asking to spend more than $20 billion of our customers’ money on one project, we believe it merits a second opinion,” said utility President Gary Stockbridge.
“We asked Pace Global to evaluate this project for two reasons,” Stockbridge said. “They have a strong, global expertise on wind farm projects and … this project will have a significant impact on our customers for the next 25 years.”
According to Delmarva Power, Pace Global recently performed an extensive analysis of a proposed offshore wind project off the Long Island coast.
Stockbridge said the analysis also discusses less expensive alternatives to the wind farm proposal, and wants an evaluation of options “in an open and competitive bidding process where all green resources compete for our customers’ business.”
To read the Pace report and learn more about the wind farm proposal issue, visit the utility’s Delmarva Wind Issue section at www.delmarva.com.
9 November 2007
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