Dr. Conca reports that the people of Vermont have chosen to close the Vermont Yankee Nuclear Power Plant for no good reason and have reversed the state progress on reducing carbon. Their actions have punished rate-payers in their neighboring States of Massachusetts and New Hampshire with up to 50 per cent rate increases. But he is sure they did not mean that to happen. A report from the National Grid says that its customers in western Massachusetts can expect a 37 per cent rate hike on November first, due in large part to the early retirement of the Vermont Yankee nuclear plant. Next door in New Hampshire, the utility Liberty Mutual is set to implement a 50 per cent increase in their customer bills in November, 2014.
What happens to those people this winter who can not afford that increase? Surely they will be taken care of by the state.The nuclear plant, which was selling electricity to the state for less than five cents a kilowatt hour - Electricity Prices in Vt Among National Highest), would have continued to provide Vermont with the cheapest continuous power for the next 20 years, regardless of weather or fuel prices. It was the choice of the people of Vermont to become more dependent on natural gas and on Canada for their electricity, to try repeatedly to shut down Vermont Yankee, to not have power purchase agreements with the nuclear plant, and to make it difficult in all ways for Entergy to keep this working plant open.
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