VT December Ice Storm: Most Expensive in VEC History

VT December Ice Storm: Most Expensive in VEC History

Vermont Electric Cooperative announced December's ice storm was the most expensive power restoration effort in VEC's history.
JEFFERSONVILLE, VT- Vermont Electric Cooperative announced December's ice storm was the most expensive power restoration effort in VEC's history.

People who attended the annual meeting on Saturday at Smugglers Notch found tha it cost just over $6 million dollars.

But, a VEC Spokesperson said FEMA's support is expected to significantly reduce the burden.

During the meeting, they discussed how to better prepare for the future.

It is too early to tell if that will affect rates.

"I wouldn't say that were not going to get a rate increase but I wouldn't say we are. Its part of that overall expense picture we look at but it is a significant expense," said David Hailquist, C.E.O. Vermont Electric Co-Op.

There was also a presentation warning people to start taking steps to better prepare their homes and businesses in case of larger outage events in the future due to changing weather patterns.
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