Vermont Coop Spends More than $7 Million on Damage from Ice Storm

Vermont Electric Cooperative (VEC) recently spent an unprecedented sum to repair damage caused by recent ice storms.  While the cost is significant for a coop of VEC’s size, the coop’s goal is to find efficiencies and other ways to avoid rate increases.  Another utility in Vermont recently announced a “storm surcharge” to cover its storm-related costs.  Read more here.

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