Montpelier — To the editor:
We are pleased to see that GMP and CVPS have retreated from their initial position that would have denied CVPS ratepayers additional value for their contribution to the Hydro Quebec bailout.
The Department has maintained throughout the merger proceedings that CVPS customers deserve the full value of $21 million they are owed under the Public Service Board’s HQ order. The Department has sought to leverage these funds to provide an even greater return to CVPS ratepayers through clean energy and efficiency programs that will help lower energy bills and environmental impacts.
The Department will carefully review the GMP/CVPS proposal to determine whether it is the optimal path, and has already reached out to the parties in the docket and multiple stakeholders including our Community Action Programs to discuss the best use of these funds.
Elizabeth H. Miller
Commissioner of the Department of Public Service
Montpelier
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