Approved by the Board on February 9, 2009

Introduction

Due to long-term, fixed-price contracts with both Hydro-Quebec (HQ) and Vermont Yankee (VY) that provide over 60% of our base load power, Vermont has had very little exposure to price variability in the electricity marketplace, and our rates are, relatively speaking, quite competitive within the New England/Northeast region. Looking to the future, however, these supplies will need to be renewed in significant measure, and demand for electricity could increase as economic growth expands and if Vermont consumers move away from their heavy reliance on transportation vehicles and home heating fuels. Continue reading “Vermont Business Roundtable 2009 Position Statement on Electric Energy Policy” →