TransCanada Hydro Northeast, Inc. v. Town of Newbury, State of Vermont

¶ 1. Taxpayer TransCanada Hydro appeals a decision of the Orange County Superior Court valuing flow easements that taxpayer owns over land in the Town of Newbury at $1,532,211 for property tax purposes. Taxpayer owns and operates the Wilder Dam on the Connecticut River in Hartford, Vermont, downstream from Newbury, and the flow easements give taxpayer the right to flood land abutting the river in Newbury. As discussed in the body of the opinion, taxpayer challenges the valuation as unsupported by the admissible evidence and the court's reasoning. We affirm.

¶ 2. The Connecticut River, which…