AN ACT RELATIVE TO OFFSHORE WIND CONTRACT PRICING
Whereas, The deferred operation of this act would tend to defeat its purpose, which is to forthwith provide for offshore wind contract pricing, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. Subsection (b) of section 83C of chapter 169 of the acts of 2008, as inserted by section 12 of chapter 188 of the acts of 2016, is hereby amended by striking out, in the fifth sentence, the following words:- provided, however, that the department of public utilities 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 the levelized price per megawatt hour plus transmission costs that resulted from the previous procurement.
SECTION 2. Subsection (b) of section 83C of chapter 169 of the acts of 2008, as inserted by section 12 of chapter 188 of the acts of 2016, is hereby amended by adding, in the fifth sentence, the following words:- provided, however, that the department of public utilities 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 the levelized price per megawatt hour plus transmission costs that resulted from the previous procurement.
SECTION 3. Section 1 shall apply to any long-term contract that results from a solicitation issued in calendar year 2019.
SECTION 4. Section 1 is hereby repealed.
SECTION 5. Sections 2 and 4 shall take effect on January 1, 2021.
SECTION 6. Except as otherwise specified this act shall take effect as of July 1, 2019.
Approved, August 1, 2019.