They will buy power from neighboring states at a premium - a model that applies across governments and industries. But hey, we’re not doing the dirty generating.
Not neighboring states, but Canada.
There is a power line from Quebec Hydro being built down through Maine.
When it is completed it will bring power in at less money per kilowatt than either of these plants can compete with.
One of the key things that would make electric rates cheaper in New England is getting rid of the Jones Act.
It is most expensive to ship LNG from TX to Boston than it is to Europe.
This is because the Jones Act requires any US vessel shipments require Union crews and US flagged vessels.
This makes the transportation of LNG more expensive.
Natural Gas other than Hydro is now the least expensive way to produce electricity in the US.
Cheaper than nuclear.