How does The Northern Wood Power Project benefit the economy?
As a new significant buyer of whole-tree wood chips and other clean low-grade wood, PSNH will become a significant supporter of New Hampshire’s forest industry. The Northern Wood Power Project is estimated to contribute $20 million annually to the state’s economy. The Project is part of PSNH’s ongoing efforts to provide New Hampshire residents and businesses with a reliable supply of affordable electric power. As our state’s growth continues, projects such as The Northern Wood Power Project will help reduce dependency on fossil fuels, diversifying our fuels and helping to keep customer rates stable in the future.