Bioenergy, Geothermal, Hydropower, Solar, Wind Power

Green Mountain Power to Support Vermont Projects

The Vermont Public Service Board has approved revisions to Green Mountain Power’s renewable energy rate, called GreenerGMP. The revisions allow Green Mountain Power to use all the proceeds from the customers purchasing energy under GreenerGMP to purchase energy from Vermont renewable projects as they become available.

In addition to targeting Vermont projects, revisions to the program include simplifying the way consumers’ rates are calculated, which will Green Mountain Power says will make the program easier to communicate and understand and less costly to administer.

“We already have more than 500 customers participating in GreenerGMP, and we believe these changes will make our renewable energy program more attractive to more of our customers,” said Mary Powell, senior vice president and chief operating officer for Green Mountain Power. “We believe Vermonters prefer to support local projects and we are working on several fronts to be able to offer local renewable energy projects to our GreenerGMP customers.”