A Lingering Lawsuit: The Generation Tax
Though Vermont Yankee has announced it is closing, the
lawsuits linger on. The state of Vermont recently placed a "generation
tax" on power plants with a nameplate above 200 MW. (Hint, there's only
one such plant in Vermont: Vermont Yankee.) This new tax on Yankee is
$12 million a year. Entergy sued the state in federal court, but that
court recently ruled that Entergy should have sued in state courts
first.
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