What impact does Northern Wood Power have on electric rates?
A primary objective of Northern Wood Power during its development was to ensure that the project’s costs would be offset by the sale of Renewable Energy Certificates (RECs). These RECs are in high demand by energy providers in other states that need to comply with renewable energy mandates, like Massachusetts and Connecticut. PSNH estimates that between 300,000 and 400,000 RECs are generated each year by Northern Wood Power.
