Two wind companies under investigation
Cuomo's office is investigating First Wind of Newton, Mass., and Noble Environmental Power LL of Essex, Conn., on possible charges of anti-competitive practices, bribery of public officials and questionable deals with landowners, The Wall Street Journal reported.
First Wind is currently operating one wind farm in New York. Among the 48 projects it has in development four are slated for New York state, the Journal reported.
Noble Environmental is developing five projects in New York, Cuomo said.
Cuomo praised "all renewable energy sources," but said the companies must still abide by the rules.
"If dirty tricks are used to facilitate even clean-energy projects, my office will put a stop to it," Cuomo said.
Related News
Alberta Introduces New Electricity Rules
EDMONTON - The Alberta government is overhauling its electricity regulations, a move aimed at reducing spikes in electricity prices for consumers and businesses. The new rules, set to be introduced this spring, are intended to stabilize the default electricity rate paid by many Albertans.
Background on the Rate of Last Resort
Albertans currently have the option to sign up for competitive contracts with electricity providers. These contracts can sometimes offer lower rates than the default electricity rate, officially known as the Regulated Rate Option (RRO). However, these competitive rates can fluctuate significantly. Currently, those unable to secure these…
