John Sims
35:56 - 36:53
"I balance a contract for a price per MCF with a certain inflation factor what that price looks like over a long period of time, which is 30 years, and how that compares to the other alternatives. And NSTAR has spent over $4.5 million on analysis, demand studies, worldwide RFPs to bring in the best of the best to meet our customers' needs. And this is the project that's selected— that we selected because of the potential it has to reduce the cost of energy and how it compares to the other alternatives."
“I balance a contract for a price per MCF with a certain inflation factor what that price looks like over a long period of time, which is 30 years, and how that compares to the other alternatives. And NSTAR has spent over $4.5 million on analysis, demand studies, worldwide RFPs to bring in the best of the best to meet our customers' needs. And this is the project that's selected— that we selected because of the potential it has to reduce the cost of energy and how it compares to the other alternatives.”
- Speaker
- John Sims
- Timestamp
- 35:56 – 36:53
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 9, 2026
From the transcript
I balance a contract for a price per MCF with a certain inflation factor what that price looks like over a long period of time, which is 30 years, and how that compares to the other alternatives. And NSTAR has spent over $4.5 million on analysis, demand studies, worldwide RFPs to bring in the best of the best to meet our customers' needs. And this is the project that's selected— that we selected because of the potential it has to reduce the cost of energy and how it compares to the other alternatives. So all those points that you're making are 100% legitimate points, but they're for the developer and those on the other side of the negotiating table. From my perspective, I care about cost, ensuring that my customers don't have any cost overruns that they're going to be burdened with, and then the term and the service, so the reliability of that contract, again, as it compares to the other alternatives.
Related Coverage
ENSTAR Caps the Price. Stedman Eyes the Debt.
Enstar is negotiating a 30-year gas supply agreement with Glenfarne that would cap prices at $16 per thousand cubic feet with annual inflation adjustments. The contract protects ratepayers from project cost overruns and allows a switch from LNG imports to pipeline gas if the export project is built.
by Walter AlaskaNews3mo ago3 min readAI