of Vermont’s largest electric utility could see their monthly
bills go up to help pay the costs of recovering from Tropical Storm Irene. If approved,
beginning on July 1, CVPS customers
would see their bills increase by 1.4 percent.
House Speaker Shap Smith discusses the top legislative issues, we hear an analysis of the latest developments of the proposed CVPS-Green Mountain Power merger and we listen back to the voices in the news this week.
question of whether CVPS should rebate $21 million directly to
ratepayers has become an issue involving the complex world
of utility rate making and the relationship between the Legislature and the
Public Service Board.
We hear both sides of the debate over how CVPS should return $21 million to its ratepayers as part of its merger with Green Mountain Power and Congressman Peter Welch discusses campaign finance reform.
The advocacy group continues to advertise about Green Mountain Power’s
plan to take over and merge with Central Vermont Public Service. The group delivered petitions with the signatures of 15,000 customers of
Vermont Law School is studying the roll-out of smart grid technology by Central Vermont
Public Service and six other utilities around the country. The school says the adoption of the technology by the
state’s largest electric utility is going well.
Green Mountain Power has responded to critics who say it isn’t providing enough
benefits to Central Vermont Public Service customers in the planned merger of
the two companies. GMP
says it will pay another $21 million toward customer energy efficiency.