By Jasmine Greene, Earth Techling
Since taking office in 2007, Massachusetts Gov. Deval Patrick has made clean energy initiatives a big part of his administration. But have ratepayers gotten much in return for all the state’s green investment in the electric market? They sure have, the state claims in a new report, and within a few years the payoff should be even bigger.
Once fully implemented in 2015, the governor’s office said in releasing the report, initiatives aimed at energy efficiency, renewable energy and energy innovation “are expected to yield total benefits to electric customers of $2.5 billion – nearly two and a half times as great as the $1.1 billion invested to implement them.”
Read More: Clean Energy Savings Touted In Massachusetts