Environment
4:24 pm
Fri December 6, 2013

RI Joins Pact To Lower Energy Costs In New England

Gov. Lincoln Chafee has joined the rest of New England’s governors signing an accord to create a regional power plan.

New England’s six governors say if their states work together, they can share the cost of building natural gas pipelines and power transmission lines delivering Canadian hydro-power, and that will lower energy costs.  Chafee warns it will take a long-term investment to bring down power bills.

“Some of these Canadian hydropower projects are in the 2018/2019 before they come online,” said Chafee, “of course they still have plenty now but some of the addition to what they can sell, which drives down the price in the later part of this decade.”

Chafee said it’s not easy coordinating the schedules of six governors but they’re in constant communication to move the project forward.

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