MARYLAND OKS OCEAN WIND RULES, FUNDING

Off-Shore Wind Energy Legislation Passes in Maryland

Perry Stein, March 19, 2013 (NBC Washington)

“After more than three failed attempts, [Maryland Gov. Martin O’Malley’s] proposal to encourage the development of a wind energy industry in the state finally passed the General Assembly.

“The legislation calls for dozens of gigantic wind turbines along Maryland’s Atlantic coast and would require residents to pay up to an extra $1.50 a month on their electricity bills if the turbines are built.”

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“This rate hike would go to fund a subsidy of up to $1.7 billion over 20 years to a company that can successfully develop this offshore wind energy…The bill would also require electricity suppliers in Maryland to get up to 2.5 percent of their power from offshore wind as early as 2017.

“Despite opposition to the costs, the…bill passed easily in the House…with an 88-48 vote and relatively minor changes to the Senate bill. The legislation now heads to O'Malley's desk for his signature.”

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