Vt utility says it spent $7.4M on ice storm

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JOHNSON (AP) - A small Vermont utility says December's ice storm in the northern part of the state is the biggest storm in its history.

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

Vermont Public Radio reports CEO David Hallquist says 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 says the utility plans to absorb those costs through various efficiencies, and hopes to avoid any rate increases.


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