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Vermont Electric Cooperative not only supplies electricity to members, but also offers a range of programs including bill credits for the purchase of certain electric appliances and devices including electric vehicles, plug-in electric vehicles, heat pumps, heat pump hot water heaters, pellet stoves, electric forklifts, and Zero Energy Modular homes. [12]
Vermont electric power needs are served by over twenty utilities. The largest is Green Mountain Power, a subsidiary of Énergir which recently also took over Central Vermont Public Service. Together this single company represents 70% of the retail customers in Vermont. The state is a small electricity consumer compared with other states.
The utility was created in 1905, after city officials grew dissatisfied with the investor-owned Burlington Light and Power Company and its pricing. [2] The 30-megawatt coal-fired Moran Municipal Generation Station, named for Mayor J.E. Moran, was completed in 1954. [2] It was decommissioned in 1986.
Central Vermont Public Service Corp. (CVPS) was the largest electricity supplier in Vermont. [2] Its customer base covered 160,000 people in 163 towns, villages and cities in Vermont. The company generated revenue mainly though purchased electricity through its subsidiaries including C.V. Realty, Inc., East Barnet Hydroelectric, Inc., and ...
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A power purchase agreement (PPA), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [ 1 ] [ 2 ] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
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