The Vermont Public Service Board has signed off on the merger of the state's two largest utilities.

The leader of the Vermont Senate says he expects lawmakers will try to force the Public Service Board to order refunds to ratepayers for CVPS, which is currently in the midst of a merger.

Debate is heating up among Vermont lawmakers about a payback due to utility ratepayers now that their electric company is being sold.

The advocacy group continues to advertise about Green Mountain Power's plan to take over and merge with Central Vermont Public Service. The group delivered petitions with the signatures of 15,000 customers of CVPS.

Vermont Press Bureau Chief Peter Hirschfeld talks about what the potential merger between Central Vermont Public Service and Green Mountain Power means for ratepayers.

Members of the Rutland City board of Aldermen say they now support the proposed merger between Central Vermont Public Service and Green Mountain Power.

A nuclear watchdog group is reacting to a suit by Vermont utilities over failures of the Vermont Yankee nuclear plant's cooling towers by saying they warned of just such problems.

Control of the statewide transmission grid has emerged as a major issue as regulators review a proposed merger between the state's two largest utilities. Critics say the merged company under Canadian ownership is more likely to use Vermont as a corridor to import electricity from Quebec. But the transmission company is playing down those concerns.

Central Vermont Public Service has signed two new power supply contracts. The company says the deals will fill a gap that will develop when a contract with Vermont Yankee ends.

Central Vermont Public Service has agreed to a deal to be bought out by Gaz Metro and merged with its Green Mountain Power subsidiary. The president of CVPS says there could be more mergers in the state's electric utility industry.

Leaders of Central Vermont Public Service and Green Mountain Power say their merger will save ratepayers $144 million dollars over the next decade.

In a $702 million deal, Vermont's two largest electric utilities have agreed to merge under the ownership of a Canadian company. The agreement announced Tuesday calls for investments in Rutland.

Central Vermont Public Service has signed an agreement to be sold to Montreal-based Gaz Metro. The CVPS board says they've terminated a previous agreement reached with the Newfoundland-based company Fortis.

VPR's John Dillon looks at the competing bids from two Canadian power companies for the purchase of Central Vermont Public Service, the state's largest electric utility.

Bidding wars may be common in the corporate world. But industry observers say the drama that's unfolding around the possible sale of Central Vermont Public Service is unusual among regulated utilities.

Two Canadian utilities are engaged in a bidding war to purchase the state's largest utility, the Central Vermont Public Service Corporation. And Governor Peter Shumlin clearly favors one of the bids. Experts: Canadian Firms May Want Control Over Grid Comment: What is the better deal?

Central Vermont Public Service says it will consider the latest takeover bid for the company. Earlier: Canadian Firms May Want Control Over Grid

The parent company of Green Mountain Power, Vermont's second largest utility, has made an offer to purchase Central Vermont Public Service.

Last week, Central Vermont Public Service announced that it had agreed to be sold to Fortis, Incorporated - a Canadian company-for $700 million. The next step in the process is for the two utility companies to file a petition with the Public Service Board for approval.

Central Vermont Public Service has agreed to be bought by one of Canada's largest utility companies - Fortis Incorporated. CVPS says the $700 million deal will benefit shareholders and customers, and will not hurt CVPS employees, or the company's Rutland headquarters

Central Vermont Public Service marked a change of the guard today at its annual meeting. Outgoing President Bob Young was honored for his 24 years with the company and new president Larry Reilly took over.

Governor Shumlin and Vermont's two largest utilities are cheering the Public Service Board's approval of a 26-year electricity contract with Hydro Quebec.

The state's largest electric utility is buying one of Vermont's smallest. Central Vermont Public Service has agreed to buy the assets of the Vermont Marble Power Division of Omya.  

Bob Young, the chief executive of Central Vermont Public Service, plans to retire next year after nearly 16 years on the job.

Vermont's largest electric utility is apologizing for implying that rates should not be reduced for low-income customers, because they might spend the savings on cigarettes.