A broad group of organizations focused on energy efficiency, clean energy, green jobs, affordable housing, and the needs of low-income Vermonters has expressed support for the decision of the Department of Public Service (DPS) that the $21 million “windfall” payment resulting from the merger of Central Vermont Public Service and Green Mountain Power will be invested in efficiency and clean-energy programs to benefit CVPS ratepayers.
This is a thoughtful decision by the DPS, and CVPS ratepayers should be very enthusiastic about the opportunities it will offer them.
In our work with Vermonters facing financial hardships, we have seen that energy costs are one of their biggest concerns. They are struggling to manage their energy budgets, especially for heating.
This investment will allow more CVPS customers to save a significant amount of money on the soaring cost of heating their homes for years to come.