GMP rates to rise 5 percent

Mary Powell, CEO of Green Mountain Power. Photo by John Herrick/VTDiggerThe Public Utility Commission has approved a 5 percent rate increase for the state’s largest electric utility.
The approval ratified an agreement between Green Mountain Power and the Department of Public Service, the state agency that represents the public interest in utility rate cases.
GMP’s largest single customer, Essex Junction-based GlobalFoundries, disputed the rate hike and tried to persuade the PUC to re