Green Mountain Power reports first quarter earnings

“We are very pleased with the first quarter results,” said Christopher L. Dutton, Chief Executive Officer. “The Vermont Public Service Board’s January 23, 2001 order approved a 3.42 percent rate increase, intended to raise an additional $6.1 million in annual revenues. The order, which ended the disallowance of Hydro-Quebec power supply contract costs, gives us an excellent opportunity to earn our allowed rate of return on equity of 11.25 percent in 2001, and the first quarter results were right in line with our expectations.”

LAKEWOOD, Colo.–(BUSINESS WIRE)–May 3, 2001–The Federal Energy Regulatory Commission (FERC) has begun to articulate a position regarding Regional Transmission Organizations (RTO).

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  • The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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