The future of the East Bay Energy Consortium - and that of the Tiverton Industrial Park - remain uncertain four years after EBEC formed to develop a for-profit wind farm on the parcel.
The Tiverton Industrial Park is caught in a battle between the East Bay Energy Consortium (EBEC) and private developers and Tiverton taxpayers are losing out. EBEC, a regional partnership between nine East Bay communities, formed four years ago to explore ways to make money off of wind energy through net metering. Targeting the Tiverton Industrial Park as the ideal location for a venture, EBEC's idea for the for-profit wind farm project might be holding back the park's development rather than providing opportunity. According to The Hummel Report, EBEC was started with about $400,000 of seed money from the state Economic Development Corporation (EDC) and its wind farm project would have made millions through net metering. Net metering …
New legislation to create the quasi-public East Bay Energy Consortium needs some clarification, including an explanation of proposed eminent domain power and issuing of bonds.
Monday, May 14, 2012
The East Bay Energy Consortium (EBEC), made up of the nine East Bay communities, has submitted a bill to the Legislature to enable the creation of a quasi-public agency. New legislation creates a need to clarify issues and to inform the public. Background: EBEC was formed in late 2009 to use renewable energy and energy efficiencies to save taxpayer money by reducing the amount of energy our municipalities pay for. (Schools, streetlights, water treatment, and municipal buildings require a lot of energy.) Each city and town joined through council resolution and a cash contribution or in-kind payment, and each city and town council appointed one representative and alternates to attend meetings and report back to the municipality. Entity: …