PolitiFact: Yes, wind farm would bring BI power rates down 40%

Tue, 01/01/2013 - 6:00pm

Last weekend, the Providence Journal's PolitiFact Truth-O-Meter took a look at an issue of pressing interest to Block Island: the Deepwater Wind Block Island Wind Farm.

Deepwater had tweeted a claim that was first asserted by the island's Electric Utilities Task Group, a group of energy and finance experts set up to examine energy issues as they relate to the island's unique circumstances. The group estimated that having access to the mainland power grid through the cable that it is part of the wind farm project would allow island power rates to fall to around 31 cents per kilowatt hour, a drop from the 54 cents islanders were paying in 2011.

PolitiFact gave the claim of a 40 percent drop a True rating. See the story here.