For the sake of the residents of Vernon, I strongly encourage the Vermont Public Service Board allow Vermont Yankee and the state of Vermont to come to an equitable agreement, and issue a clean Certificate of Public Good at the end of this year guaranteeing Vermont Yankee’s continued operation until late 2014. An unburdened CPG will provide much-needed and much-warranted economic and environmental certainty and will give all stakeholders the unobstructed opportunity to plan for the future.
As an elected representative of Vernon – a town now facing the loss of its largest employer and taxpayer, significant budget cuts, and mounting questions about its financial footing – I hope the Public Service Board will at least grant us this gift of clarity as we continue the difficult task of planning for life without Vermont Yankee.
Vernon and its residents deserve to know whether Vermont Yankee will continue to operate through next year. A prompt decision by the PSB will allow us to clearly anticipate and navigate the road through 2014 and beyond, and help to ease the financial blow to our school system, our police departments and other local services resulting from the loss of this revenue source.
It is equally important for the Public Service Board to pursue a course that is both fair and equitable and looks to mitigate any further harm. Assigning a tangle of conditions or refusing outright to grant the CPG will only add insult to injury for the people of Vernon – and a contentious ruling will only hinder our efforts to recover from the loss of Vermont Yankee.
For nearly four decades, the town of Vernon has been integral to Vermont’s strength and sustainability, contributing billions of dollars in tax revenues, billions more in economic benefits, and supporting thousands of jobs statewide.
It is crucial that the PSB act expeditiously and fairly in issuing a decision. The residents of Vernon deserve the security of knowing what the future holds.