Millstone, utilities finalize 10-year contract

Millstone, utilities finalize 10-year contract

State regulators recently approved a 10-year contract between the owner of Millstone Power Station and utility companies, effectively ending the yearslong political, regulatory and environmental battles to keep the plant operational. The contract calls on the utilities to buy half the plant’s output over the next decade. The price per kilowatt hour in the contract has not yet been released to the public, according to Dominion spokesman Ken Holt. “Today’s approval by PURA of the power purchase agreement between Connecticut’s utilities and Millstone is great news for Connecticut, its residents, and the women and men who work at Millstone,” Paul Koonce, Dominion president and CEO, said in a statement.

https://www.theday.com/local-news/20190918/millstone-utilities-finalize-10-year-contract

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