29-11-2017 02:10 via vtdigger.org

GMP rates expected to rise 5 percent

Green Mountain Power’s rates are tied to the value of its infrastructure. File photo by Mike Faher/VTDiggerGreen Mountain Power’s electric rates are slated to rise by 5 percent in 2018 if the Public Utility Commission approves a deal the state’s largest utility reached this month with the Vermont Department of Public Service.
The deal incorporates approximately $18 million due to GMP customers as a result of terms the company agreed to when it purchased Central Vermont Public S
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