VELCO Plays Down Concerns About Control Of Transmission Grid

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.

CVPS: More Utility Mergers Expected

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.