House Panel Approves Offshore Wind Bill
ANNAPOLIS, Md. (AP) — A House committee has approved a measure to develop offshore wind in Maryland.
The House Economic Matters committee voted Monday 13-6 to send the bill to the House of Delegates.
The measure has scaled back the ratepayer exposure from an average of about $2 per month to $1.50 a month.
The bill, which is being backed by Gov. Martin O’Malley, aims to incentivize construction of ocean-based wind turbines about 10 miles off the coast of Ocean City.
Last year, a bill that would have required utilities to enter long-term wind power contracts failed due to concerns about the costs to customers. This time, the measure is similar to a New Jersey law that sets requirements, but doesn’t require long-term contracts.
(Copyright 2012 by The Associated Press. All Rights Reserved.)