Wind farm receives DOE loan guarantee
The financial aid will support the Record Hill wind project, a 50.1 megawatt wind power plant and transmission line in Maine.
The project is being developed and managed by Wagner Wind Energy of New Hampshire and Independence Wind of Maine. Record Hill is sponsored by the Yale University endowment fund.
Under loan guarantees, the federal government agrees to pay portions of private loans in case the companies default.
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Typical Ontario electricity bill set to increase nearly 2% as fixed pricing ends
TORONTO - Energy bills for the typical Ontario home are going up by about two per cent with fixed pricing coming to an end on Nov. 1, the Ontario Energy Board says.
The province's electricity regulator has released new time-of-use pricing and says the rate for the average residential customer using 700 kWh per month will increase by about $2.24.
The change comes as Ontario stretches into its eight month of the COVID-19 pandemic with new case counts reaching levels higher than ever seen before.
Time-of-use pricing had been scrapped for residential bills for much for the pandemic with a single price set…
