| 2006 Rate Filing
2006 Rate Filing Details
On April 14, 2006, Green Mountain Power asked the Vermont Public Service Board to authorize an 11.95 percent rate increase to go into effect on January 1, 2007. Approximately 88 percent of the increase is due to rising power costs in a post-Katrina wholesale market, while the remaining 12 percent is due to increasing state and regional transmission costs.
Green Mountain Power’s rates have risen less than three percent since January 2001. During the same five-year period, the consumer price index rose 13 percent and wholesale energy costs increased 93 percent.
Also, with the encouragement of the state legislature, Green Mountain Power separately filed an innovative proposal that would establish a new regulatory framework for the Company. This proposal will advance important public policy objectives, provide benefits to our customers and raise the bar on our already efficient operations.
You’ll find here links to the filings made in the rate case.
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