Just ten days ago Green Mountain Power said it would not be raising electric rates for the next two years.
But now the utility has informed customers it will be adding a storm surcharge of $1.53 to bills beginning next month. The company says it needs the extra money to offset the cost of four major storms in 2013.
"We do budget for a certain number of storms but as I said a major event is not included in our budget -- that is left to be separate -- so that if we do hit a major event we can go back and collect a portion of that GMP absorbs -- certainly a portion of that -- but that is dealt with as a separate line item. So the customers are not paying for that year to year they are only paying for that if a storm occurs," said GMP's Dottie Schnure.
Schnure says the good news is there are other costs that fluctuate, so for the first quarter of next year GMP bills will have a power supply adjustment credit that will pretty much offset the storm surcharge.
Wednesday, April 16 2014 12:34 PM EDT2014-04-16 16:34:35 GMT
It looks like our region escaped any major flooding resulting from Tuesday's heavy rains. There were localized areas of high water and damage, like a road washout on Mud Hollow Road in Kirby. Water remainsMore >>
It looks like our region escaped any major flooding resulting from Tuesday's heavy rains.More >>
Wednesday, April 16 2014 10:58 AM EDT2014-04-16 14:58:11 GMT
Teamwork between a Montgomery farmer and a corporal with the Franklin Country sheriff's department may have saved a life when they pulled off a daring rescue. A woman became trapped in her truck tryingMore >>
A Montgomery farmer and a sheriff's deputy joined forces for a daring rescue to help a woman who got trapped in her truck by rising floodwaters.More >>
Wednesday, April 16 2014 12:02 PM EDT2014-04-16 16:02:05 GMT
The floods forced Gov. Andrew Cuomo to declare a state of emergency in New York. The governor made the declaration Tuesday night. It covers six counties in northeastern of New York, including two inMore >>
The floods forced Gov. Andrew Cuomo to declare a state of emergency in New York.More >>
Wednesday, April 16 2014 11:08 AM EDT2014-04-16 15:08:35 GMT
If you thought the weather Tuesday really stunk, you weren't alone. Apparently all the rain and the rushing rivers were too much for even a beaver. WCAX Producer Diane Landry caught video Tuesday in MiltonMore >>
Apparently all the rain and the rushing rivers in our region Tuesday were too much for even a beaver.More >>
Wednesday, April 16 2014 12:09 PM EDT2014-04-16 16:09:50 GMT
If you think this spring has been filled with strange weather-- cold, then hot, then flooding, then snow-- well, we have a reminder that fluctuating weather is not all that unusual in Vermont. SheldonMore >>
If you think this spring has been filled with strange weather-- cold, then hot, then flooding, then snow-- well, we have a reminder that fluctuating weather is not all that unusual in Vermont.More >>