• Vt utility says it spent $7.4M on ice storm
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     | January 24,2014
     

    JOHNSON ó A small Vermont utility says Decemberís ice storm in the northern part of the state was the costliest storm in its history.

    Vermont Electric Cooperative said it had nearly 60,000 power outages over the storm, which hit during the holiday week. Some customers experienced multiple outages.

    Vermont Public Radio reported that CEO David Hallquist said the total cost of power restoration came to roughly $7.4 million. He said $1.8 million was the most spent on a storm before that.

    The cooperative qualifies for FEMA disaster funds, which could help cover all but about $2 million in cleanup costs.

    Hallquist said the utility plans to absorb those costs through various efficiencies and hopes to avoid any rate increases.

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