Brock Says He'll Make $21 Million Utility Refund A Campaign Issue

06/18/12 4:04PM

Republican Randy Brock says Governor Peter Shumlin will have to explain his stand on the Green Mountain Power takeover of Central Vermont Public Service.

Shumlin agreed with the utilities that they should be allowed to invest $21 million in energy efficiency programs.

Brock and others argued that money should have been returned to CVPS ratepayers as a cash refund because they helped bail out the company a decade ago.

And Brock says he'll continue to make that point through the fall.

"We see now there are 21 million reasons why Vermont needs a new governor," Brock said.

Brock says he doesn't think it's fair that the new company will be able to use the money for energy efficiency and then recover it through rates in the future.

But the Public Service Board ruled last week that the arrangement was appropriate. And the board says the merger will save ratepayers money in the long term.


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