The House and Senate both approved yesterday the energy bill compromise. Click here for the full text of the Act relative to competitively priced electricity in the Commonwealth.
It builds on the 2008 Green Communities Act, raising the net metering cap that limits expansion of solar and preserving incentives for long term contracting for larger renewable energy projects. At the same time, it includes provisions designed to increase transparency in rate setting and improve competitiveness in energy pricing. It does not include the language that many were concerned about which would have given special incentives for a fossil fuel plant in Salem.
It does not affect municipally owned power systems like Belmont light.
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