SECTION 1. Paragraph 1 of section 83 of chapter 169 of the acts of 2008 is hereby amended by inserting in the first sentence, after the words “cost-effective long-term contracts” the following new words:-
", under which the cost of electricity shall be less than a 90% increase from the present average market price of electricity measured in cents/kWh,".
SECTION 2. Paragraph 3 of section 83 of chapter 169 of the Acts of 2008 is hereby amended by adding, after the words, "create additional employment in the commonwealth.", the following new sentence:-
"The department of public utilities shall not approve a long-term contract in which the cost of electricity under the contract is greater than a 90% increase from the present average market price of electricity measured in cents/kWh.".
The information contained in this website is for general information purposes only. The General Court provides this information as a public service and while we endeavor to keep the data accurate and current to the best of our ability, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.