generation tax

WAMC News
6:15 pm
Wed September 12, 2012

Entergy Sues Vermont Over Increased Vermont Yankee Generation Tax

Courtesy NRC and Entergy Corp.

Two Entergy subsidiaries have filed suit against the state of Vermont over a new law that hikes taxes on the Vermont Yankee Nuclear Power Plant from 5-million to nearly 13-million dollars annually.

Entergy Nuclear Vermont Yankee and Entergy Nuclear Operations filed suit in U.S. District Court for the District of Vermont seeking to overturn the legislation signed by Governor Shumlin that substantially increases the plant's annual tax bill.  Entergy Vermont Yankee Communications Manager Jim Sinclair.

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