PROVIDENCE, R.I. (AP) - The state is seeking bids from private …
Wind Turbines
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Updated: Thursday, 19 Nov 2009, 12:19 PM EST
Published : Thursday, 19 Nov 2009, 12:17 PM EST
PROVIDENCE, R.I. (AP) - Power company National Grid has again rejected a proposal to buy clean power from a planned wind farm off the coast of Block Island.
Rhode Island's largest electric utility said in a letter to state regulators Wednesday that it would not agree to the latest offer from Deepwater Wind for power from the $200 million wind farm because the price is still too high.
It is the second time National Grid has turned down the New Jersey company's offer.
National Grid's decision follows several weeks of talks between the sides with encouragement from Gov. Don Carcieri, who thinks offshore wind energy would help bring jobs to the state.
There is still time for the sides to find common ground.
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