In case you missed it: NSTAR buying green power at a fraction of the cost of Cape Wind

And you almost certainly missed it.  Only the eagele-eyed will have caught this brief AP dispatch in this morning’s Globe:

Massachusetts regulators have approved deals by the state’s second-largest utility to buy power from three land wind farms.

That’s according to NStar, which said yesterday that the Department of Public Utilities approved contracts between the utility and Hoosac Wind in Massachusetts, Groton Wind in New Hampshire, and Blue Sky East in Maine.

But wait, there’s more!

The three deals represent about 1.6 percent of NStar’s demand, so still they must buy more renewable power.National Grid, the state’s largest utility, is buying power from the Cape Wind offshore wind farm to meet its obligation. Boston-based NStar has said it wants to pursue cheaper power.

So endeth the blurb.  Doesn’t it seem like they left out a salient fact?  Something tied to that last little bit about NSTAR wanting to pursue “cheaper power?”  Thankfully, in this day of interactive media we have good folks like “johnaim,” who weighs into the comments field to fill in the informational gap:

The NSTAR price at about 10 cents per kilowatt hour compares to the 24 cents per kilowatt hour on average over 15 years that businesses and residents in the National Grid territory will pay for Cape Wind electricity.

Cape wind is a bad business deal for NGrid customers and for the economy of the Commonweatlh.

Just so, as I’ve written about at length.

This little bit of good news (way to go NSTAR!)  is but a small part of a larger story – one in which Massachusetts state energy regulators are playing a far less benign roleREAD THE REST at CriticalMASS

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