Regular Meeting of the Board of Directors
of
Vermont Electric Cooperative, Inc.
To be Held January 31, 2012 at 12:00 Noon in the RPN Boardroom
At VEC Offices in Johnson, Vermont 

1. Call to Order                                                      
12:00 pm                                                                       

                                                                                               
2. Regular Meeting December 27, 2011                        

Board Action Requested:  Approve Minutes

(15 Minutes)                                                             
12:00pm – 12:15pm                                            

• Board Discussion                                                     
• Approve Minutes                                                          
                                                                                            

3. CEO Summary

Discussion Only

 (15 Minutes)                                                                 
12:15pm – 12:30pm                                                      

                                                                                               
4. Managers’ Updates                                                     

Discussion Only

(60 Minutes)                                                                
12:30pm – 1:30pm                                                        

• Financial Update
• Operations Update
• Corporate Services Update 
• Safety Update         
• Programs & Policy Update          
• General Counsel Update 

                     
Break (15 Minutes)          
1:30pm – 1:45pm   

5. Review and Evaluation of 2011 CEO Goals

Discussion Only

(60 Minutes)      
1:45pm – 2:45pm                                                          

                                                                                             
6. Comprehensive Energy Plan

Discussion Only

Presented by: Liz Gamache and Dave Hallquist                              

(60 Minutes)     
2:45pm – 3:45pm                                                          

                                                                                                7. Committee Reports

Discussion Only

(30 Minutes)       
3:45pm – 4:15pm   

• Governance Committee   
• Communications Committee 
• Executive Committee        

8. Other Business

Discussion Only

(15 Minutes)         
4:15pm – 4:30pm                                                          

                                                                                               
9. Adjourn (or Recess)