CVPS gets small rate increase

The Vermont Public Service Board has approved a rate increase of one-third of 1 percent for Central Vermont Public Service Corp., effective Jan. 1.

Morning Newscast: September 22, 2008

Here are the top stories at 7:30 a.m.: Vermont and nine other northeastern states this week will conduct the nation’s first carbon auction, taking the same approach that curbed lake-killing acid rain; The Vermont Yankee nuclear plant wants permission from the state to operate for another 20 years. And it wants the Public Service Board to make that decision by this spring…

Douglas administration raises questions about Entergy’s corporate restructuring

The Douglas Administration is raising questions about the financial stability of the new owners of the Vermont Yankee nuclear plant. The administration says the new company will be financially weak because it will have to borrow billions of dollars. But the new questions are prompting critics to ask why the governor vetoed a recent Vermont Yankee bill. The bill would have required the new owners to guarantee it has enough money set aside to decommission the plant.

PSB: Former official can’t participate in case

A former senior official with the Public Service Board has been barred from appearing before that panel on behalf of her new employer, a power transmission company. In its decision the board cited an ethics policy designed to prevent conflicts of interest.