Massachusetts families are already paying some of the highest energy bills in the country. Instead of rethinking the policies that helped drive those costs higher, Beacon Hill is doubling down.

A new energy bill moving through the Massachusetts Senate, S. 3143, would keep the Commonwealth's offshore wind agenda alive by shifting more financial risk from developers onto ratepayers.

When offshore wind was first promoted, developers agreed to fixed-price contracts and accepted the financial risks if projects became more expensive. Now, after years of delays, rising costs, canceled projects, and changing federal policies, lawmakers want to change the rules.

The bill would:

• Allow offshore wind contracts to be renegotiated if project costs increase.
• Extend permits for delayed projects.
• Allow the state to co-invest in offshore wind projects.
• Commit Massachusetts to procuring 10 gigawatts of offshore wind.

Each of these provisions moves another layer of financial risk away from private developers and onto Massachusetts families and businesses.

At some point, taxpayers must ask a simple question:

If offshore wind requires federal subsidies, state subsidies, contract renegotiations, permit extensions, and taxpayer co-investment just to survive, when do policymakers conclude the economics simply don't work?

Massachusetts deserves affordable, reliable energy policies, not endless bailouts for projects that continue falling short of the promises made to ratepayers.

Please contact your State Senator today and urge them to oppose any provision that shifts additional offshore wind costs and risks onto Massachusetts ratepayers.

Any serious effort to reduce energy costs must address wasteful spending in the Mass Save program, begin unwinding the Commonwealth’s burdensome Net Zero mandates, and embrace affordable, reliable energy sources like natural gas and nuclear power instead of doubling down on the same policies that helped drive costs higher.

Taxpayers should not become the financial backstop for an energy strategy that keeps requiring new subsidies every time reality gets in the way.