FENWICK ISLAND – Five coastal towns are exploring a package from US Wind that could bring $10 million in financial benefits over a 20-year period.
Late last week, US Wind formally presented the Delaware Association of Coastal Towns (ACT) with a package of community benefits for coastal residents. Five communities – Henlopen Acres, Rehoboth Beach, Dewey Beach, Bethany Beach and South Bethany – will now begin to evaluate the offer through a series of public meetings.
“We expect to deliver clean offshore wind power to the Delmarva region for a long time,” said Jeffrey Grybowski, US Wind CEO. “As a member of this community, we believe it’s important to do what we can to help it thrive. These coastal towns are important to the state of Delaware and beloved by those who enjoy them. US Wind is committed to contributing to their continued health and resilience.”
As presented in a community benefits agreement shared last week, each of the five towns would receive $2 million over a 20-year period, paid in $100,000 increments. Officials say the funds would only begin if the Bureau of Ocean Energy Management (BOEM) approves the projects and the state authorizes a lease agreement with US Wind to bring underground cables onshore at 3Rs Beach.
For towns like Henlopen Acres, the benefits package could provide significant funding for capital projects. Mayor Joni Reich said the Board of Commissioners is set to review the agreement at its Jan. 12 meeting.
“…$10 million in financial benefits over a 20-year period.”
Spread all over those communities, that’s not much.
When the generous federal subsidies end, the snake oil salesmen and saleswomen will move on to selling other virtually useless and overpriced crap from the Green catalog.
Consider keeping Biden OFF the Beaches !!!!!!!