Part 2 of Rhode Island Energy's filing for rejected Revolution Wind 2 bid is our estimate of the cost of the project on customer bills. If we are close, it expensive power! Bid details were redacted.
As expensive as the project looked, if it was the legislature rather than RIE responsible for the analysis and decision, our guess is they would have approved it by somehow finding even more "good" stuff in the project. And by the way, we'd love to see the RIE's analysis that shows $1.2 billion in good stuff from the project.
We are, too. In a state where the politicians and regulators are bought and paid for by offshore wind, your guess about the contract’s approval is correct.
We will have some more interesting developments in the part.
As expensive as the project looked, if it was the legislature rather than RIE responsible for the analysis and decision, our guess is they would have approved it by somehow finding even more "good" stuff in the project. And by the way, we'd love to see the RIE's analysis that shows $1.2 billion in good stuff from the project.
We are, too. In a state where the politicians and regulators are bought and paid for by offshore wind, your guess about the contract’s approval is correct.
We will have some more interesting developments in the part.