As part of a 25-year fixed-price contract, the company will supply 75% of the power produced from the 51MW wind farm to MMWEC.
MMWEC intends to resell the power and capacity to 17 of its member municipal utilities such as Boylston, Chicopee, Groton, Holden, Holyoke, Ipswich, Mansfield, Marblehead, Paxton, Peabody, Russell, Shrewsbury, Sterling, Templeton, Wakefield, West Boylston and Westfield.
The remaining energy from the Hancock wind project will be purchased by Burlington electric department in Vermont.
MMWEC CEO Ronald DeCurzio said the contract brings competitively priced energy from the Hancock Wind project to the customers of municipal utilities.
"It also brings a valuable measure of diversity and price stability to the MMWEC resource mix at a time when the region’s reliance on natural gas is of concern," DeCurzio added.
