Green Mountain Power statement on vote to reject Browning amendment regarding CVPS merger
GMP: “The discussion over how to return the $21 million obligation has distracted from the significant benefits of the merger.”
Updated Story: Senate approves policy requiring utilities to return bailout money to ratepayers; House wades into debate
In a rare show of solidarity on one of the most contentious issues of the session, the Senate approved the provision 27-3.
Silverstein: Is $21 million a lot of money? Not compared to $88 million
On Sept. 28, the Vermont Public Service Board gave conditional approval (PSB Order # 7712) to VGS to withhold a legally mandated annual rate reduction of 5.4 percent in customer natural gas charges for 20 years.
Former commissioner warns lawmakers not to interfere in merger case
Legislative intervention could undermine the authority of the Department of Public Service, Saudek said.
Green Mountain Power says payback to ratepayers would “kill” merger; CVPS chief testifies $21 million was set aside for ratepayers
Email exchanges obtained through legal discovery show Gaz Metro already committed to paying back the money.
AARP demands cash payback to consumers
AARP has pushed a campaign with a Web site and television ads that would require the utilities to pay back ratepayers based on their share of electricity usage.
Entergy to PSB: Don’t shut us down
James Volz, chair of the board, said Entergy appears to only be able to store spent fuel produced up to March 21.
Flurry of court filings sets stage for Yankee status hearing
The board’s detailed memo in February seemed to catch Entergy by surprise. The board asked parties if Entergy plans to continue operating after March 21 and if so, on what legal basis.
Public Service Board approves FairPoint Plan to invest in ‘Last-Mile’ broadband
For immediate release Feb. 15, 2012 Contact Sabina Haskell Phone: 802.658.7351 Email: shaskell@fairpoint.com SOUTH BURLINGTON, Vt.– The Vermont Public Service Board today approved a plan that will see FairPoint Communications investing nearly $7 million to expand its broadband network and bring high-speed Internet to “last-mile” Vermonters. FairPoint was joined in its request by the Vermont Department of [...]
New England Coalition opposes Entergy’s Public Service Board motion for prompt decision on certificate of public good
Contacts: NEC President Ned Childs (802) 579-6601 NEC Senior Technical Advisor Raymond Shadis (207) 380-5994 NEC Legal Counsel Jared Margolis (802) 310-4054 FOR IMMEDIATE RELEASE NEC FILES OPPOSITION TO ENTERGY MOTION SEEKING A FINAL ORDER IN PUBLIC SERVICE BOARD VY LICENSE RENEWAL CASE NEC’s MOTION is available at” http://www.necnp.org/files/docs/2012-02-02__NEC_Opposition(Docket_7440).pdf . February 2 2012 — Brattleboro [...]
