Get the Facts
Get the Facts
Some of the conclusions of the Analysis Group report concerning the LEI study on Northern Pass include the following:
The real costs of the project are “confidential,” which Northern Pass says is standard practice in an “energy market where customers are free to purchase energy from a supplier of their choice …” (The Northern Pass Blog, July 15, 2016)
The Concord Monitor reported on September 16, 2016 that New Hampshire’s Office of the Consumer Advocate is fighting Eversource Energy’s request to keep secret the price it plans to pay for power off the Northern Pass transmission line. Donald Kreis, the state’s independent Consumer Advocate said consumers have a right to know, and that “Ratepayers will be responsible for the deal whether it proves beneficial or not.”
Eversource continues to claim that the project will cost $1.4 billion, yet Bill Quinlan, Eversource’s president of New Hampshire electric operations said in 2014 (before they decided to bury about 80% of the lines) that, “Burying the lines in a rugged environment like New Hampshire’s mountains would raise the cost to $3 billion or $4 billion from $1.4 billion, an increase that would be passed on to ratepayers in New Hampshire. (“Canadian rivers: Solution to Northeast’s high energy prices?” Associated Press, August 2, 2016)
Eversource can’t seem to get a handle on the real cost of the project. The cost of the project has gone up 40% since it was proposed in 2010 due to changes in the energy market … and not including any price increase due to burying the lines.