Laidlaw Energy Group, Inc.(fka LLEG)

[purplemountain]

Agreed that renewables cost more, and that PSNH is mandated to buy them.

The issue raised in testimony before the PUC is that another firm - Concord Steam - has offered qualifying renewable power for 18% less than Laidlaw.

Need to see this play out, but we're not comaping biomass vs coal vs natural gas here, we are comparing grennfield biomass (Concord Steam proposal) vs Laidlaw re-hab proposal (Berlin), and logically the Laidlaw proposal should be less expensive. If it's not, the PUC will question the process PSNH used to arrive at teh PPA numbers.