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Vermont Gas warns potential 25% Canadian tariff could add about $11 million to customer gas costs
Summary
Company officials told the House Energy and Digital Infrastructure Committee a hypothetical 25% tariff on Canadian goods could raise commodity gas costs by about $11 million, translating to roughly a 10% increase in customer gas rates, pending final federal action and detailed analysis.
Vermont Gas Systems told the House Energy and Digital Infrastructure Committee on Jan. 30 that a proposed federal tariff on Canadian goods—if applied at 25%—could materially raise commodity natural-gas costs passed through to customers.
Neil Lunderville, president and CEO of Vermont Gas Systems, said the company relies on a single pipeline feed that connects to Canada and that nearly all of its commodity gas could be affected by…
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