FOR IMMEDIATE RELEASE
CONTACT: (603) 369-4301
June 28, 2013
CONCORD, NH – Today, the New England Ratepayers Association responded to the new route proposed by officials with the Northern Pass project. The latest proposal, released today, will bring hydroelectricity from Canada through the North Country to a converter station in Franklin.
Marc Brown, President of NERA, made the following statement regarding the Northern Pass Project:
“If the Northern Pass Project can provide the type of low-cost hydroelectricity to New England that has resulted in lower electricity costs in other regions of the country, then it will be highly beneficial to ratepayers. By the current estimates, the region will save $2-3 billion in energy costs over the next ten years. This project can provide low-cost power through both Power Purchase Agreement with utilities as well as lowering the marginal rate paid by suppliers throughout New England. It is well known that New England is currently too reliant on natural gas for electricity generation—mainly due to a lack of infrastructure and firm supply to contracts for natural gas generators. If Northern Pass is completed it will provide reliable, sustainable, cost-effective power that will give the region a valuable hedge against potential rises in the cost of natural gas.”
Regarding the proposed route and controversy over the location of transmission lines Brown states that “it appears as though Northern Pass took great care in planning the route—ensuring that eminent domain concerns were alleviated as well as burying power lines in some areas that were of particular concerns to property owners. It is important for ratepayers that this process moves forward in a clear and consistent manner so that all the stakeholders – property owners, ratepayers, utilities, suppliers and the regulatory authorities – will have the opportunity to participate.”
For more information, contact email@example.com or visit www.neratepayers.org.
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About NERA: The New England Ratepayers Association (NERA) is a non-profit advocacy group focused on promoting sound public policy that protects utility customers, both families and businesses, and lowers the cost of regulated services. Lower cost energy, water, and telecommunications services in New England will be an important driver for keeping the region’s economy competitive and retaining and returning manufacturing and high tech jobs for the 21st century.