Marketwire - Green Mountain Power

GMP, CVPS Launch Merger Website

Tue, 07 Feb 2012 08:02:02 PST

COLCHESTER, VT (Marketwire) - Green Mountain Power and Central Vermont Public Service have launched a new website, www.gmpcvpsmerger.com, packed with information on the pending merger of the companies.

GMP Awards Solar Array to Ferrisburgh Central School

Thu, 26 Jan 2012 10:28:54 PST

COLCHESTER, VT (Marketwire) - A new array of solar panels will soon be changing sunshine into electricity on the grounds of Ferrisburgh Central School, thanks to student efforts to promote energy efficient lighting in the community. The $14,500 photo voltaic solar installation is being awarded as the grand prize of the annual CFL School Fundraiser Challenge, cosponsored by Green Mountain Power and Efficiency Vermont.

City of Rutland, GMP Sign Agreement on Merger

Fri, 20 Jan 2012 04:00:00 PST

RUTLAND, VT (Marketwire) - Formalizing agreements related to the impending sale of Central Vermont Public Service and its merger with Green Mountain Power, GMP signed a memorandum of understanding (MOU) with the City of Rutland to ensure a strong relationship and significant benefits for Rutland in the years ahead. The MOU settles the city's intervention in the state's review of the sale and merger proposal, and explicitly states the city's support for the merger.

CVPS, GMP Sue Entergy-Vermont Yankee Over Cooling Tower Failures

Tue, 10 Jan 2012 06:36:39 PST

COLCHESTER, VT (Marketwire) - Seeking to recover costs resulting from Vermont Yankee cooling tower failures in 2007 and 2008, the state's two largest distribution utilities have filed a lawsuit against Entergy-Vermont Yankee (Entergy) in Vermont Superior Court in Windham County.

Green Mountain Power to Conserve Over 2,700 Acres as Part of Wind Development

Mon, 02 Jan 2012 11:27:55 PST

COLCHESTER, VT (Marketwire) - Green Mountain Power (GMP) has announced that it will conserve more than 2,700 acres of land in the Northeast Kingdom. The land is being protected as part of GMP's Kingdom Community Wind project on Lowell Mountain that will produce enough electricity to supply 24,000 homes.

Winooski River Fishway Has a Record Salmon Spawning Run

Tue, 22 Nov 2011 11:54:00 PST

COLCHESTER, VT (Marketwire) - A strong spawning run has brought large numbers of landlocked Atlantic salmon from Lake Champlain into the Winooski River this fall. During the eight week season that ended on November 10, 189 salmon were collected in the fish lift at the Winooski One hydro-electric facility.

Green Mountain Power Breezes Past Ambitious Solar Goal

Wed, 02 Nov 2011 12:02:45 PST

COLCHESTER, VT (Marketwire) - 1,000 days ago, Green Mountain Power (GMP) announced an ambitious goal to install and help its customers install 10,000 solar panels in 1,000 days. GMP announced today that it has exceeded that goal with more than 26,000 panels installed or approved for installation within its service territory.

GMP and NPS Award Wind Turbine

Mon, 19 Sep 2011 08:19:15 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power is pleased to announce that Northlands Job Corps of Vergennes has been selected to host the first wind turbine installation of the Green Mountain Power & Northern Power Systems Community Wind Partnership to promote local wind power.

Hinesburg Woman Wins Ralph Nading Hill Writing Contest

Tue, 13 Sep 2011 08:16:11 PDT

COLCHESTER, VT (Marketwire) - Heather Anne Caulfield of Hinesburg, Vermont, is the winner of the 2011 Ralph Nading Hill, Jr. literary prize awarded annually by Green Mountain Power and Vermont Life magazine.

Green Mountain Power Begins Construction of Kingdom Community Wind

Tue, 06 Sep 2011 07:53:07 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power (GMP) has begun construction of Kingdom Community Wind (KCW), a 63 MW renewable wind energy project in Lowell, Vermont. The 21 turbine wind project can provide power for more than 24,000 homes with the lowest-cost new renewable energy available to GMP customers and the members of the Vermont Electric Coop (VEC).

CVPS and GMP File Merger Petition With Public Service Board

Fri, 02 Sep 2011 09:44:18 PDT

MONTPELIER, VT (Marketwire) - Green Mountain Power Corporation (GMP) and Central Vermont Public Service (CVPS) today filed a petition with the Vermont Public Service Board (PSB) for the planned acquisition of CVPS by Gaz Métro Limited Partnership (Gaz Métro) and the merger of GMP and CVPS into one, stronger utility. Gaz Métro, GMP and CVPS announced in July the acquisition and the agreement to merge that provides significant benefits for customers, community, employees and shareholders, including a commitment to $144 million in customer savings over 10 years, a public ownership interest in VELCO, and the

GMP Nearly Completes Power Restoration From Hurricane Irene

Tue, 30 Aug 2011 15:17:38 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power has restored power to nearly all of the 40,000 customers who lost power during Hurricane Irene. By Tuesday evening, only 237 customers remained without power, not including 434 customers in the Waterbury and Wilmington areas who need state or fire department inspections before power can be safely turned back on due to flooding of their home or business.

Utilities Urge Customers to Stay Inside, Stay Safe Sunday During Hurricane Irene Hundreds of Workers Coming to Help

Fri, 26 Aug 2011 09:23:00 PDT

Green Mountain Power Files for Rate Adjustment of 3.2 Percent

Wed, 03 Aug 2011 13:32:38 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power today asked the Vermont Public Service Board to authorize a 3.2 percent rate adjustment to go into effect on October 1, 2011, as part of its alternative regulation plan.

Green Mountain Power and Saint Michael's College Team up to Provide a Free Public Electric Vehicle Charging Station at the College

Thu, 28 Jul 2011 07:53:56 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power (GMP) and Saint Michael's College today announced the unveiling of a public electric vehicle (EV) charging station on the Saint Michael's campus. The new station is a partnership between GMP and St. Michael's and will allow drivers to charge a vehicle at no cost for the first year.

CVPS TO MERGE WITH GMP INTO ONE STRONGER COMPANY

Tue, 12 Jul 2011 20:32:00 PDT

Combination will bring benefits to families and employers
Rutland to anchor Headquarters for Operations and Energy Innovation

Offer Made to Combine CVPS & GMP Into One Stronger Company

Thu, 23 Jun 2011 05:11:45 PDT

COLCHESTER, VT (Marketwire) - The parent company of Green Mountain Power Corporation (GMP), Gaz Métro Limited Partnership (Gaz Métro), through a wholly-owned subsidiary, today submitted to the Board of Directors of Central Vermont Public Service Corporation (CVPS) a superior offer to purchase CVPS that would bring substantial cost savings to customers resulting from the consolidation of the GMP and CVPS service territories. This proposal provides a compelling alternative to the merger announced on May 30, 2011 between CVPS and Fortis Inc. (Fortis).

Green Mountain Power & Northern Power Systems Partner to Expand Community Wind Installations in the Green Mountain State

Wed, 15 Jun 2011 09:36:17 PDT

COLCHESTER, VT (Marketwire) - As part of its celebration of Global Wind Day, Green Mountain Power today announced it is strengthening its commitment to sustainable wind energy in Vermont by offering to install and operate a Northern Power®100 (NPS 100) wind turbine from Northern Power Systems at a customer site. Businesses, schools, farms, municipalities and community energy committees in GMP's service territory are encouraged to apply to become a host site for this Vermont-made, 100 kW permanent magnet direct drive community wind turbine.

GMP Selects Vestas Turbines for Kingdom Community Wind

Mon, 06 Jun 2011 13:36:48 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power today announced that it has selected a turbine for its renewable wind project in Lowell that is 20 percent more efficient and will lower the expected cost of power from the project for GMP customers and Vermont Electric Cooperative members. With the Vestas V112 three megawatt turbine, the forecasted energy of the facility will increase, providing power to more homes and businesses at a lower cost than earlier projections.

Vermont Public Service Board Rules in Favor of Green Mountain Power's Lowell Wind Project

Wed, 01 Jun 2011 07:03:08 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power today received resounding support from Vermont regulators to build a 63 megawatt wind facility in Lowell, Vermont. After reviewing thousands of pages of evidence and expert testimony from 50 witnesses, the Vermont Public Service Board agreed that building Kingdom Community Wind will provide stably-priced, cost effective electricity to Vermonters and is in the public good.

Green Mountain Power Strikes Long-Term, Low Cost Power Deal With NextEra Energy Resources

Tue, 24 May 2011 09:02:14 PDT

COLCHESTER, VT (Marketwire) - Green Mountain Power announced today that it has reached a purchase agreement with NextEra Energy Resources LLC, the largest renewable energy developer in the United States. The 23-year agreement is for electricity from its Seabrook nuclear plant in New Hampshire and is a fixed-price contract that adjusts with an inflation mechanism so as to protect customers from inevitable future power price swings. The energy price for 2012 is 4.66 cents per kilowatt hour.

GMP Searsburg Wind Plant Has Banner Year

Thu, 10 Mar 2011 08:09:54 PST

COLCHESTER, VT (Marketwire) - Green Mountain Power's Searsburg wind power facility had its most productive year on record in 2010, thanks to weather conditions and strong operating performance.

Green Mountain Power Proposes Helping Towns Convert to Efficient LED Streetlights

Fri, 04 Mar 2011 11:20:02 PST

COLCHESTER, VT (Marketwire) - Green Mountain Power and Efficiency Vermont are partnering on an unprecedented effort to help every town in GMP service territory change over to more energy efficient Light Emitting Diode (LED) street lights.