Vermont Electric Cooperative Launches Residential Battery Storage Incentive Program
Posted on Oct 5, 2021 in Battery | Comments Off on Vermont Electric Cooperative Launches Residential Battery Storage Incentive Program
Vermont Electric Cooperative announced the public launch of a home battery storage incentive program designed to save the coop on power supply costs and support member resiliency.
Vermont Electric Cooperative Pledges To Be Carbon-free by 2023
Posted on Apr 12, 2021 in Climate Change, Renewable Energy | Comments Off on Vermont Electric Cooperative Pledges To Be Carbon-free by 2023
Vermont Electric Cooperative, Vermont’s largest member-owned electric utility, has pledged to move to a 100% carbon-free power supply by 2023. The electric cooperative said the carbon-free decision was made by the board of directors to reflect customer demand for clean energy and to meet state goals to fight climate change. The coop serves about 32,000 members in 75 communities in...
VEC and GMP Announce Broadband Deployment Program
Posted on Mar 15, 2021 in Broadband, Innovation/Efficiency, Technology | Comments Off on VEC and GMP Announce Broadband Deployment Program
Vermont Electric Co-op (VEC) and Green Mountain Power (GMP) each launched a Broadband Deployment Program to help rural Vermonters get connected to broadband quickly and cost-effectively. The plans approved Friday by the Vermont Public Utility Commission lower the cost for broadband providers to connect the hardest-to-serve customers by offering up to $2,000 per unserved location for...
VEC Provides Savings for Members
Posted on Nov 7, 2019 in Grid & Infrastructure, Renewable Energy, Technology | Comments Off on VEC Provides Savings for Members
Vermont Electric Cooperative (VEC) has saved its members $90,000 in peak capacity market costs since it started operating a utility-scale lithium-ion battery in July. The system allows VEC to discharge 400 MWhs onto the grid when it’s most needed to reduce peak capacity market costs.
Vermont Electric Cooperative Aims to Cut Gas Lawnmowers Short
Posted on Jun 14, 2019 in Community Development, Environmental | Comments Off on Vermont Electric Cooperative Aims to Cut Gas Lawnmowers Short
Vermont Electric Cooperative just added a new bill credit to its VEC Energy Transformation Program. The new initiative will provide customers purchasing electric lawnmowers with either a $50 or $1,000 bill credit for residential and commercial mowers, respectively.
Vermont Electric Cooperative Receives Aid for Storm Damage
Posted on Apr 15, 2019 in Grid & Infrastructure | Comments Off on Vermont Electric Cooperative Receives Aid for Storm Damage
The Federal Emergency Management Agency will contribute more than $1.2 million to the Vermont Electric Cooperative to fund system repairs that were necessary as a result of the severe storms in May 2018. Vermont Emergency Management helped Vermont Electric to receive the aid.
VEC Gets $1,700,000 for Storm Damage Repair
Posted on Sep 4, 2018 in Uncategorized | Comments Off on VEC Gets $1,700,000 for Storm Damage Repair
Vermont Electric Cooperative, Inc. (VEC) is getting a grant from the Federal Emergency Management Agency (FEMA) to help repair 54 transformers and nearly 2,900 miles of transmission and line poles damaged by a severe storm and flooding in October of 2017. The money comes from FEMA’s Public Assistance program that reimburses communities and certain non-profit groups to help...
Vermont Coop Working with Major State Industry to Promote Electric Technology
Posted on Jan 6, 2016 in Innovation/Efficiency, Renewable Energy, Technology | Comments Off on Vermont Coop Working with Major State Industry to Promote Electric Technology
Vermont Electric Cooperative (VEP), a Vermont cooperative with 35,000 members, including 400 maple syrup producers, has partnered with Dominion & Grim, a Canadian company, to promote to sugar makers a new electric evaporator called ECOVAP. VEP will offer incentives for the sugar makers to switch to ECOVAP and, in turn, VEP will receive carbon credits for the program.
FEMA Grant Will Help Vermont Coop Clean Up
Posted on Jun 9, 2015 in Legislative & Politics, Reliability | Comments Off on FEMA Grant Will Help Vermont Coop Clean Up
Vermont legislators announced last Friday that the Vermont Electric Cooperative (VEC) will receive a grant from the Federal Emergency Management Agency (FEMA). The $2.1 million grant will cover cleanup and repair costs related to severe weather that occurred last December and caused 45,000 outages in VEC’s service territory. Click here for more.
Vermont Coop Spends More than $7 Million on Damage from Ice Storm
Posted on Jan 24, 2014 in Grid & Infrastructure, Rates | Comments Off on Vermont Coop Spends More than $7 Million on Damage from Ice Storm
Vermont Electric Cooperative (VEC) recently spent an unprecedented sum to repair damage caused by recent ice storms. While the cost is significant for a coop of VEC’s size, the coop’s goal is to find efficiencies and other ways to avoid rate increases. Another utility in Vermont recently announced a “storm surcharge” to cover its storm-related costs. Read more here.
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