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Congratulations to our April 2016 paperless winners!

Walter in Morgan
Christopher in St George
Andrew & Elizabeth in Williston
Alison in Jericho

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Important Notices

Join Us in Celebrating 78 Years of Service

 

78th Annual Meeting of the Membership and 2016 Director Election

Saturday, May 21, 2016
Smugglers' Notch Resort
4323 VT Rt 108 South 
Smugglers' Notch, VT

Click here for more information.

 
Action Alert- Net Metering

emailed to VEC Members on April 26, 2016 Re: Participation in Net Metering Rules

Dear VEC Members:

Please help VEC advocate for a financially sustainable net metering program!

  • Did you know that VEC's financial status was recently upgraded to A+ by Standard and Poor's?
  • Did you know that for the past 15 years VEC has been investing in technologies to make the grid more efficient, reliable, and capable of handling higher penetration of distributed (renewable) generation?
  • Did you know that VEC has cut the number of outages in half while significantly improving restoration times and member outage communications?
  • Did you know that VEC has done all this while keeping rates stable, with an annual average rate increase of less than 1 percent for the past seven years, which is half the rate of inflation?

Current policy has led to more than half of our net metering capacity to be taken up by developer driven, large-scale projects, rather than household rooftop net metering. This creates financial hardship for VEC and many Co-op members.

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Latest News

Standard & Poor’s Ups VEC’s Credit Rating to A+

Johnson, VT- Standard & Poor’s (S&P’s) Rating Services has raised Vermont Electric Cooperative’s (VEC’s) credit rating from an A to an A+ with a stable outlook. S&P’s cited effective regulatory partners, cost-effective power supply, and strong management in its decision to boost the Co-op’s rating.

This credit rating increase is a testament to the significant progress VEC has made over the past several years. Under the leadership of CEO Christine Hallquist, VEC has invested in innovative technologies such as smart meters, which have enabled VEC to cut outage times in half. Despite the challenge of serving a rural service territory and having one of the lowest numbers of customers per line mile in the state, VEC’s electric rates remain competitive with other Vermont utilities.

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