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Power company objects to Conn. tax

Associated Press / April 12, 2011

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LUDLOW — A Massachusetts electric company says a proposed tax on electric generation in Connecticut would cost consumers in Massachusetts more than $9 million a year.

The Massachusetts Municipal Wholesale Electric Co. said yesterday that because it owns 4.8 percent of Millstone Unit 3, a nuclear power plant in Connecticut, the proposed tax would cost the Massachusetts company and customers $9.3 million a year.

The tax would apply to generators that use oil, coal, and nuclear power. It would raise $340 million in revenue, with $332 million from Connecticut’s Millstone nuclear plants.

The Ludlow-based Massachusetts power company resells its share of electricity from Millstone Unit 3 to 27 Massachusetts municipal utilities.