officials have approved two giant offshore wind projects slated for energy production by 2032 - but the plans could cost residents $1 billion each year.The state's Board of Public Utilities (BPU) sold the plots to Leading Light Wind and Attentive Energy Two, which are set to produce around 3,740 megawatts of electricity combined over the 20-year life of the contracts.Mike Dean, a Monmouth County resident, told DailyMail.com that they are the most expensive contracts signed by the BPU.
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