The Maine Public Utilities Commission (PUC) voted 2-1 to approve terms whereby developer Maine Aqua Ventus GP, LLC, will sell up to 43,099MWh of power a year from the two-turbine floating project at a price of 23 cents per kWh, plus a 2.25% annual inflation adjustment. That is enough electricity for about 6,000 homes.
PUC Chairman Thomas Welch and Commissioner David Littell conditioned their “yes” votes on the developer winning a $46.6m
