RENEW urged the Massachusetts General Court’s Joint Committee on Telecommunications, Utilities and Energy to raise utility procurements of renewable energy pursuant to the Green Communities Act of 2008 from a minimum of 3 percent to at least 9 percent of utility demand by 2016 in order to meet the requirements of Massachusetts’ Renewable Portfolio Standard in the most cost-effective manner. By doing so Massachusetts consumers will, based on the recent analysis of the Department of Public Utilities using three recent procurements conducted by utility NSTAR, save $1 million per megawatt of installed renewable capacity or approximately $1 billion to meet the incremental 1,000 megawatts needed to fulfill the 2016 requirements.
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