With a new analysis showing electricity generated by the first three wind projects planned off the Jersey Shore is expected to cost ratepayers statewide an estimated $17.7 billion above market value, a local grassroots organization is demanding officials put the benefits and costs of each project, as well as the potential for future price hikes, under the microscope.
The analysis prepared on behalf of Save LBI found the full scope of the state’s 11,000 megawatt offshore wind program could cost…
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