Dive Summary:
- The rate change is a result of the recent sale of Central Vermont Public Service Corporation and its subsequent merger into Green Mountain Power.
- Avram Patt, general manager of the co-op, says a rate increase that reflects increased service costs isn’t an issue, but objects to charges stemming simply from the companies’ decision to merge.
- Washington Electric Co-op has moved to intervene in the rate review before the U.S. Federal Energy Regulatory Commission.
From the article:
The merger between the state's two largest power companies may cause rates to rise slightly at one of Vermont's smallest utilities.
The cause is a higher transmission charge levied by the new company. ...
