BEEKMANTOWN — The developers of
a proposed electric transmission line running from Beekmantown to New Haven, Vt attended a Feb. 17 town board meeting here to layout details of the plan and how it might affect local residents.
It may not be the most stylish step forward but it's an important one: The Department of Interior has announced that the Bureau of Ocean Energy Management has made a «finding of no competitive interest» regarding a
proposed undersea
electric transmission line in the Mid-Atlantic states.
-- Not later than 3 months after the date of adoption by the Commission of national electricity grid planning principles pursuant to paragraph (1), entities that conduct or may conduct
transmission planning pursuant to State, tribal, or Federal law or regulation, including States, Indian tribes, entities designated by States and Indian tribes, Federal Power Marketing Administrations,
transmission providers, operators and owners, regional organizations, and
electric utilities, and that are willing to incorporate the national electricity grid planning principles adopted by the Commission in their
electric grid planning, shall identify themselves and the regions for which they
propose to develop plans to the Commission.
Eventually, under the
proposed rate adjustment, increased adoption of
electric vehicles, and increased home and workplace charging, could increase revenue to operate and maintain the
transmission and distribution system, allowing for a longer - term reduction in electricity rates for all ratepayers.