Tag Archives: three to five times more
Bend Over! – Critics Say Wind Farm Rates Constitute Price Gouging
There are a lot of ways to deflect the criticism, but really none to refute it: The South Fork Wind Farm will charge higher rates for the power it generates — three to five times more than its parent company, Ørsted/Deepwater, will charge in nearby markets. Despite complaints from all sides, freedom of information requests, and now a lawsuit, neither the Long Island Power Authority nor Ørsted have shed any light on the matter. East Hampton Town doesn’t even know the cost per kilowatt-hour ratepayers will be charged. In fact, though, every ratepayer in the PSEG/LIPA system will pay for the wind power generated, and the power will not be earmarked for East Hampton, as many at first believed, but for the entire grid. >click to read< 19:40
