Massachusetts Gov. Unveils Long-Term Energy Plan

The state currently faces billions of dollars in new federally mandated energy surcharges, potential issues with energy reliability at extremely hot and cold times of the year and a small and slow-growing renewable energy sector. "By taking control of our energy future, we'll save hundreds of millions of dollars and continue growing our economy," said Romney.

First, to become more energy efficient, the Governor proposes to create new electricity energy efficiency programs for homes and business and implement new electricity rates that encourage energy efficiency at peak times. Romney supports state tax incentives for the purchase of fuel-efficient vehicles, a measure currently pending in the legislature.

Second, Romney supports diversifying and increasing the energy supply through renewable wood, hydro and wind power developments as well as the use of environmentally friendly biofuels in state vehicles and buildings.

The Romney administration's support for renewables, however, doesn't involve a changing stance on the Cape Wind project, a 420 MW offshore wind farm proposed between Cape Cod and the Island of Nantucket. Romney has been a vocal opponent of the contentious project since its inception.

In a separate statement issued by Cape Wind, spokesman Mark Rodgers marked disappointment "that the Governor refuses to support Cape Wind as an important component of Massachusetts' energy future," which, he says, "would lower electric costs, provide regional air quality benefits, improve electric transmission reliability and contribute to Massachusetts Renewable Portfolio Standard." Rodgers concluded: "It's time for the Romney/Healey administration to translate words into action and support this urgently needed offshore wind project."

Third, the Governor proposes a reduction of utility rates on companies that install their own clean, on-site power generation capabilities. He will also make a decision this fall on proposals to expand our natural gas supply to address infrastructure needs.

Finally, Romney advocates an expansion of the state's emerging energy technology sector and energy research in the state's research universities. The Governor proposes creating new partnerships between business and universities to speed the commercialization of these technologies to create new jobs in the advanced energy marketplace. This will help make Massachusetts a world leader in energy technology, similar to how the state is a leader in biotechnology, states the release.

"We have estimated that these four steps will save Massachusetts' residents and businesses more than $575 million over the next 10 years," said Romney. "The choice is clear - we can sit back and watch costs continue to rise or we can put in place a plan that makes Massachusetts a model for energy usage."