Delaware, Maryland governors respond to PJM evaluation
PJM’s Board of Managers agreed to provide additional data and analysis that could lead to a new cost allocation for the $279 million Artificial Island transmission line project.
The decision comes a week after Delaware Gov. John Carney and Maryland Gov. Larry Hogan urged PJM in a letter to assist Delaware and Maryland in opposing the current cost allocation. As currently funded, Delmarva Peninsula ratepayers would fund 90 percent of the cost of the project through higher electric bills, while receiving few direct benefits.
“Under the current cost allocation, this project is a bad deal for Delawareans and Delaware businesses,” Carney said. “We are hopeful that new data and analysis from PJM will help lead to a fair cost allocation — one that doesn’t ask ratepayers on Delmarva to pay higher electric bills, without receiving much in return.”