Your support for Cape Wind has always been crucial, it helped the project secure its approvals and now we ask for your support once again. To make America’s first offshore wind farm a reality here in Massachusetts, we ask that you also voice your support for Cape Wind’s power purchase contracts that National Grid has filed with the Massachusetts Department of Public Utilities.

Approval of these contracts is crucial for Cape Wind to secure project finance that will make real all of the important project benefits of new jobs, cleaner air, greater energy independence and establishing Massachusetts as a global clean offshore energy leader.

Please Speak Out in favor the contracts at the one Public Hearing remaining:

Worcester, Tuesday, June 22, at 6:00 p.m.
Worcester State College, Student Center, Blue Lounge, 486 Chandler Street

Facts about the contract:

• National Grid customers will receive a portion of their electricity in the form of a long term (15-year) stable price contract from Cape Wind, which will provide greater price stability from a clean source of electricity.
• There will be no impact on electric bills until 2013, the first year that Cape Wind is expected to be in full service. National Grid has forecast a bill impact of a $1.59 increase per month for a typical residential customer. It is important to consider that this is based on National Grid’s forecast of stable fossil fuel prices – when fossil fuel prices rise again the rate impact will be reduced or even eliminated.
• Included in the contract price of 20.7 cents per kilowatt hour, Cape Wind is providing National Grid with energy, Renewable Energy Credits, and 15-year stable pricing, makes this a good long term value for consumers.
• For this modest bill impact, National Grid customers will make Massachusetts a global leader in offshore renewable energy and enable the benefits of new jobs, cleaner air and greater energy independence that Cape Wind will bring.
• Cape Wind will also place downward pressure on wholesale electric prices in New England, saving electric consumers over $4 Billion dollars over the life of the project according to a study by Charles River Associates.
• When we depend on coal, oil and gas to make electricity we don’t just pay with our electric bill; we pay with polluted air and higher healthcare costs, we pay with an environment degraded by oil spills, we pay with having to defend global energy supply lines, and we pay with a changing climate. Cape Wind opens up and harnesses our abundant offshore wind resource to meet our electricity needs from a clean, stable and inexhaustible source of energy that also provides a safer and more hopeful energy future.

Please bring your passion and support and speak out at one of the three public hearings!

Information Resources on the Contract

• Cape Wind Fact Sheet on the Contract
• National Grid Press Release on Contract
• Boston Business Journal Editorial
• Boston Globe Editorial
• Support from environmental, labor and business organizations
• Press Coverage of Contract
• Boston Globe articles anticipating Contract
• National Grid and Cape Wind Filings with the DPU

Additional Resource on Cape Wind’s impact on New England energy prices:

• Charles River Associates report finding of over $4 Billion over the life of the project by placing downward pressure on wholesale electric prices.