Officials of Vermont's largest utility, Central Vermont Public Service, said the Rutland-based power provider will purchase two-thirds of the output of the planned Deerfield Wind Project in Readsboro and Searsburg, Vt.
The wind project is owned by Iberdrola Renewables. An agreement between CVPS and Iberdrola was announced Sept. 9.
According to the text of the agreement, CVPS will purchase 20 megawatts of the project's planned 30-megawatt output for nine years.
CVPS officials said the Deerfield Wind project will be built on U.S. Forest Service land; it will be sited near the current Searsburg wind farm. The acquisition price has been disclosed to regulators under seal.
The project is designed to include 15 wind turbines, eight in Searsburg and seven in Readsboro, which will produce 30 megawatts of new capacity.
The project is expected to produce enough energy to power 14,000 average Vermont households, according to CVPS sources. CVPS is Vermont's largest utility.