The Island’s electric supplier is in the process of finishing off a massive $310 million project that is hoped to meet the growing demand of energy on Martha’s Vineyard.
As energy use on the Island continues to rise, Eversource has made strides in installing two 5-plus mile long electric transmission cables in the seabed between the Vineyard and Falmouth.
Most electrical components have roughly doubled in price since 2020. Those costs, along with equipment shortages, have led to an overall rise in the price of building and wiring a home.
The utility giant is positioned this fall to begin work on a project that will run two new 23-kilovolt power cables to Martha’s Vineyard, eliminating the need for diesel generators.
Eversource has canceled a long-awaited battery energy storage project planned for Martha’s Vineyard, complicating a plan to achieve ambitious green energy goals on the Vineyard.
Rolling blackouts and temporary power outages experienced across the Island last weekend were caused by an undersea cable failure, according to Eversource.