April 6, 2018 — HYANNIS, Mass. — There are two chances on the horizon for the public to dig into the offshore wind energy plans of Vineyard Wind, with federal and state regulatory reviews underway.
At the same time, Vineyard Wind, Bay State Wind and Deepwater Wind — all of which hope to build wind farms off Martha’s Vineyard and sell electricity from the turbines to Massachusetts electricity distributors — are moving forward with regional collaborations they say will result in community benefits.
Vineyard Wind has announced a collaboration with the nonprofit Citizens Energy Corp. to create a fund that would contribute $1 million each year for 15 years for battery energy storage and solar projects in towns that host the offshore wind project. Those communities would include New Bedford, towns on Martha’s Vineyard, Nantucket, Barnstable, Yarmouth, and towns across Bristol County.
“We have a deep commitment to helping households in need and advancing the cause of renewable energy,” Citizens Energy CEO Peter Smith said. “Our partnership with Vineyard Wind allows us to accomplish both.”
The fund will be used to create a revolving loan fund for energy efficiency improvements to multifamily, low-income housing, and to give ongoing credits to low-income residents’ electricity bills and backup power and cost savings for public buildings, according to the company.