BOSTON – The Legislature on Thursday gave final approval to legislation that will help Falmouth make repairs and improvements to renewable energy facilities and bring down costs of other energy-related expenses in the town, Senate President Therese Murray and Representative Timothy R. Madden announced today.
The bill is now before the Governor awaiting his signature.
“This legislation will be a big boost for Falmouth, and given the town’s commitment and initiative with regard to renewable energy sources, they deserve it,” Senate President Therese Murray said. “It will go a long way toward mitigating energy costs and advancing efficient, cutting-edge energy projects. I’m happy to see this bill move forward.”
“It’s great that the bill passed,” Representative Timothy R. Madden said. “I would like to thank Heather Harper for all her help and assistance. This will truly be an asset for Falmouth in financing future renewable energy projects and their maintenance. The fund established by the legislation will give the town more freedom and flexibility to continue implementing renewable energy projects.”
The bill establishes a dedicated fund for revenues generated by the town’s current and future wind-energy facilities. In addition to facility operations and maintenance, the money from the fund will also be used to pay the cost of future facility improvements, to offset the town’s other energy expenses, and to pay the principal and interest on any energy-related bonds.
Falmouth recently completed a 1.65MW turbine at its wastewater treatment facility that will save the town approximately $300,000 a year.
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