It was Memorial Day when Central Vermont Public Service agreed to be purchased by the Canadian company, Fortis, Inc. Within weeks, Green Mountain Power’s owner Gaz Metro joined the fray with a counter-offer. On Tuesday, CVPS reversed course and accepted Gaz Metro’s bid for the company.
Public Service Commissioner Elizabeth Miller, Richard Sedano, principal of the Regulatory Assistance Project and State Senator Kevin Mullin discuss the next steps in the process, what considerations the board will take into account and what obstacles the utilities might face in gaining approval of the sale.
Plus, over the past decade, the University of Vermont has undergone a building boom, dramatic growth in the student population, and a budget downturn has led to layoffs. Now, UVM is at a turning point. VPR’s John Dillon recaps our "UVM At A Crossroads" series.
And, we visit the recently opened Museum of Everyday Life in Glover, with its matchstick exhibit.