Offshore wind could have saved New England ratepayers millions last winter

Offshore wind could have saved New England ratepayers millions last winter

A recent report found that projects off Massachusetts and Rhode Island could have driven down wholesale electricity costs throughout the region if they had not been delayed.

New Report: Offshore Wind Would Have Lowered Electricity Prices 11% Last Winter

September 4, 2025 (Augusta, ME) – New England electricity prices would have been 11% lower last winter if contracted offshore wind projects had been operational, according to a new study by Daymark Energy Advisors. Tens of millions of dollars in lower costs would have been reflected on the electricity bills of Maine households and businesses.  The report, which used real electricity market and meteorological data from December 2024-February 2025…