Community Corner

Millstone Will Pay Tax, not Customers

The power company and the governor have compromised on a tax extension.

Dominion Resources reached a compromise with governor and said it will pay $10.5 million in energy generation taxes and even better than that, it won’t pass that tax onto customers.  

For the past two years the company has been paying $43 million a year in energy generation taxes and that tax was recently extended by the governor but at a reduced rate of $16 to $17 million, according to the report in The Day.

Patch reported earlier that Dominion said the governor broke his promise and that they were not going to pay that much and said they’d have to pass on the cost of the continued tax to rate payers, said the report.  

Legislators including State Sen. Andrea Stillman, D-Waterford, helped the two parties come to a compromise.  

Stillman told reporters at The Day, “keeping the tax would have hurt the economy statewide and locally, sending an anti-business message about the state.”


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