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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.)

Comments

One Comment

  1. commonsense711 says:

    Well there is a big chunk of change for Marty’s brother. No nepotism there.

  2. Agenda 21 says:

    The House Economic committee approves……hmmm. We know they have the citizens financial situation in order. No potential downside from the O’malley backed bill. “I’ts for the earth” and “Will save the taxpayer’s money” ……

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