Financial terms of the fixed-price dealwere not made public, although BPU estimates it will save ratepayers an averageof $900,000 per year over the contract life..
The utility says that electricity willstart flowing from the Alexander Wind Farm in October 2015.
“We are pleased about adding thisrenewable source of energy to our generating mix – it is important to ourfuture, and wind is among the least-cost renewable energy resources,” says BPU GeneralManager Don L.
