...AND CHEAPER...:

While the green light for the long-proposed project was expected, it marks a key step in White House plans to help spur development of a suite of coastal projects off New York, New Jersey and other states.

Driving the news: The 800-megawatt Vineyard Wind, once built, will provide enough power for 400,000 homes and businesses and create 3,600 jobs, according to the announcement from the Departments of Interior and Commerce.

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