Report: Nuclear power paying less in tax

December 12, 2007

MONTPELIER -- The Vermont Yankee nuclear power plant pays significantly less in state education taxes than generators of other kinds of electric power, according to a report issued Tuesday by a renewable energy advocate.

The Vermont Public Interest Research Group examined the taxes paid by nuclear, wood, hydro and wind power generators, and discovered that the lone generator of commercial-scale wind paid 10 times as much as nuclear. Hydro generators paid five times as much, and wood generators paid three times as much, the report says.

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