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HOUSE DOCKET, NO. 2464 FILED ON: 1/20/2011 HOUSE . . . . . . . . . . . . . . . No. 2617
The Commonwealth of Massachusetts _________________ PRESENTED BY: Bradley H. Jones, Jr. _______________ To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying: An Act Relative to Cost-Effective Long-Term Energy Contracts. _______________ PETITION OF:
HOUSE DOCKET, NO. 2464 FILED ON: 1/20/2011 HOUSE . . . . . . . . . . . . . . . No. 2617
An Act Relative to Cost-Effective Long-Term Energy Contracts. Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows: SECTION 1. Paragraph 1 of section 83 of chapter 169 of the acts of 2008 is hereby amended by inserting in the first sentence, after the words “cost-effective long-term contracts” the following new words:- ", under which the cost of electricity shall be less than a 90% increase from the present average market price of electricity measured in cents/kWh,". SECTION 2. Paragraph 3 of section 83 of chapter 169 of the Acts of 2008 is hereby amended by adding, after the words, "create additional employment in the commonwealth.", the following new sentence:- "The department of public utilities shall not approve a long-term contract in which the cost of electricity under the contract is greater than a 90% increase from the present average market price of electricity measured in cents/kWh.". |
