As regulators decide 2018 electric rates for Green Mountain Power customers, a disagreement between the state and GMP raises a $73 million question about regulation of Vermont's largest electric utility.
The board responsible for regulating utility prices in Vermont is ordering a review of the state’s utility regulation system in Vermont, including the controversial regulatory model used by Green Mountain Power and Vermont Gas Systems for much of the past decade.
A recent report commissioned by the Vermont Attorney General’s office says the system of “alternative regulation” used by Green Mountain Power for 10 years failed to hold the utility fully accountable for its spending, and customers suffered the consequences.
A recent report commissioned by the Vermont Attorney General’s office says the system of “Alternative Regulation” used by Green Mountain Power didn't hold the utility accountable for its spending — and customers are suffering the consequences.
The passing of the federal Water Infrastructure Improvements for the Nation Act has been in the news because it authorizes millions of dollars to address the water crisis in Flint, Mich. But the legislation may also help pay for repairs to an historic Vermont dam.
The implications of the British vote to leave the European Union are far-reaching in the global economy, but Green Mountain Power customers might be surprised to hear that the vote is affecting them too: It will mean cheaper rates for them next year.
Green Mountain Power is the only electric company in the state using "Alternative Regulation" for its customer rates, and a VPR investigation found that regulators have allowed the company to collect millions of dollars from customers to cover costs that didn't meet the regulators' own standards.
If you live in Vermont, there's a good chance your electric bill will go up a bit this fall. State regulators at the Department of Public Service have approved a rate increase for Green Mountain Power, the state's largest utility.
The state is allowing Vermont’s largest utility to continue accepting community-scale solar projects. Last fall Green Mountain Power hit the cap, maxing out how many of these types of solar projects can be hooked up to the grid.
As our reliance on solar and wind energy grows, so does the challenge of reliability: The wind and sun can’t be turned on and off whenever people need electricity. One part of the solution is energy storage.