Tax cuts reduce utility costs in Vermont

Mary Powell, CEO of Green Mountain Power. Photo by John Herrick/VTDiggerThe federal tax cut Republicans adopted in December will cut the cost of electricity and natural gas for Vermonters, utility representatives say.Electric rates for Green Mountain Power, the state’s largest utility, will increase by only four percent as a result of the tax cuts, instead of the five-percent increase regulators approved last month, GMP’s vice president of strategic and external affairs, Kristin Carl