SECTION 1. Subsection (b) of section 83C of chapter 169 of the acts of 2008, as amended by chapter 188 of the acts of 2016, is hereby amended by striking out the figure “1,600” and inserting in place thereof the following figure:- 3,600.
SECTION 2. Said subsection (b) in section 83C is hereby further amended by striking out the words:- "June 30, 2027" and inserting in place thereof the following words:- "June 30, 2025; provided, however, that said distribution companies enter into cost effective long-term contracts for offshore wind energy generation equal to approximately 1,600 megawatts of aggregate nameplate capacity not later than June 30, 2021".
SECTION 3. Said subsection (b) in section 83C is hereby further amended by striking out the words:- ", if applicable,".
SECTION 4. Said subsection (b) in section 83C is hereby further amended by striking out the words "24 months" and inserting in place thereof the following words:- "18 months".
SECTION 5. Said subsection (b) in section 83C is hereby further amended by striking out the words "shall not approve a long-term contract that results from a subsequent solicitation and procurement period if the levelized price per megawatt hour, plus associated transmission costs, is greater than or equal to" and inserting in place thereof the following words:- "shall approve a long-term contract that results from a subsequent solicitation and procurement period if the levelized price per megawatt hour, plus associated transmission costs, is less than or equal to, but no greater than 5 per cent of,
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.