Vermont municipalities and utility providers should be aware of two changes to the valuation of property used by public utilities for the transmission and distribution of electricity.
- The Vermont Department of Taxes has contracted with a utilities appraisal consultant to develop a new valuation methodology for taxable property owned by public utilities.
- As required by Act 144 (2024), beginning with the 2025 Grand List the valuations provided by the Department for property used for the transmission and distribution of electricity shall be used by listers for purposes of property taxation.
2025 Utility Electric and Distribution Valuations
On May 23, 2025, the Department of Taxes mailed the values for utility providers serving their town as of April 1, 2025. See Letter to Towns: Utility Valuation Assessment for a sample.
Informational Webinar
Following the release of Utility Electric Transmission and Distribution valuations, the Vermont Department of Taxes will be hosting an informational webinar on June 9, 2025, from 10 a.m.-11 a.m. to answer any questions and help you municipalities the new methodology.
Teams Meeting Link and Information
Microsoft Teams Need help?
Join the meeting now
Meeting ID: 254 921 809 524 0 Passcode: dQ7ye6vu
Dial in by phone +1 802-552-8456,,930193460# United States, Montpelier
Find a local number
Phone conference ID: 930 193 460#
Communications to Municipalities and Utility Providers
- Memo to Vermont Municipalities: Department of Taxes Implements Act 144 of 2024 Utility Valuation Treatment
- Memo to Vermont Utility Providers: Department of Taxes Implements Act 144 of 2024 Utility Valuation Treatment
- Utility Valuation Estimated Change by Town November 2024
Valuation Methodology
- Inputs and Assumptions for Electric Utility Assessment Model: Co-op and Municipal Utilities
- Inputs and Assumptions for Electric Utility Assessment Model: Investor-Owned Electric Distribution (GMP)
- Inputs and Assumptions for Electric Utility Assessment Model: Electric Transmission Assets
Utility Vendors Training in VTPIE | Recorded on January 30, 2025
Dave Selzer, from Catalis, goes over how to utilize the new Vermont Property Information Exchange (VTPIE) UVS inventory entry. The first portion of the training (the first 47 minutes) is customized for Electric Transmission and Distribution Providers, and the second portion is for Municipal and Cooperative Electric Utility Providers.
Download the Electric Transmission and Distribution Provider presentation.
Download the Municipal and Cooperative Electric Utility Providers presentation.