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Altnernative Regulation Plan

The Vermont Public Service Board approved a Central Vermont Public Service's alternative regulation plan in October 2008. The plan is designed to better link customer and investor interests, improve efficiency and help control costs.

Alternative regulation is intended to send customers more accurate and timely price signals, whether costs rise or fall, and create incentives for CVPS to operate efficiently. The PSB and DPS will maintain oversight over the company and its rates through annual reviews and regular quarterly updates of CVPS's costs and rates. The plan provides for automatically adjusting rates on a quarterly basis to reflect fluctuating power purchase prices, and includes mechanisms to cap cost increases and to share earnings and losses between shareholders and customers.

To view CV's entire Alternative Regulation Plan, CLICK HERE.