Every large customer has a field representative ...
We’re here to serve you.
*St. Albans
Bob Morey
*St. Johnsbury
Bob Morey
customer
Non-CVPS territory
* CVPS Districts
currents
*Middlebury
Teri Rainville-Scott
*Bradford
*Royalton
Bob Morey
Teri Rainville-Scott
CoNtaCt INfoRmatIoN
Bob Morey
February bills reflect 2.3 percent rate increase
St. Johnsbury Service Center The Vermont Public Service Board has approved a 2.3 percent rate increase, which became
*Poultney
Brenda Spafford P.O. Box 309, St. Johnsbury, Vt. 05819
(802) 748-0803 x 180 effective with CVPS bills rendered Feb. 1. Despite the increase, CVPS rates are just 5.9
*Rutland bmorey@cvps.com
Brenda Spafford percent higher than in 1999. The Consumer Price Index has risen 21 percent, while the CPI
teri rainville-scott for energy has risen almost 85 percent in that time.
Middlebury Service Center
*Springfield 121 Cady Rd., Middlebury, Vt. 05753
Dave Winslow (802) 388-8627 x 180 This increase provides CVPS with modest but adequate funds to improve customer service
tscott@cvps.com
and reliability, while maintaining extremely competitive rates compared to the rest of New
*Sunderland Brenda spafford
Brenda Spafford CVPS Corporate Office England. For example, about $2.3 million of the $6.4 million in new revenue will be used
77 Grove St., Rutland, Vt. 05701 to expand tree-trimming and removal programs along power lines to improve service.
(802) 747-5216
bspaffo@cvps.com
Dave Winslow
According to data from the Edison Electric Institute, CVPS continues to provide the low-
*Brattleboro Springfield Service Center est rates of any major utility in New England. A 1,000 kilowatt, 650,000 kilowatt-hour per
Dave Winslow
P.O. Box 380, N. Springfield, Vt. 05156
(802) 886-3306 x 180 month industrial CVPS customer will pay $51,395, while the same customer would pay far
dwinslow@cvps.com more elsewhere in New England, in some cases over $98,000.
central Vermont Public service
Central Vermont Public Service Large Customer Newsletter
77 Grove Street, Rutland, Vermont 05701 1st Quarter 2008
Phone Number: 1-800-649-2877 www.cvps.com
VERMONT PUBLIC SERVICE BOARD NOTICE our value
Energy Efficiency Charge Increase for February 2008
Since 2000, Vermont electric bills have included an Energy Efficiency Charge (EEC). Funds collected by the charge pay for energy CVPS industrial customer bills are among
efficiency services designed to save money by reducing Vermont’s electricity needs. This notice contains the new EEC rates that took
effect on bills sent out Feb. 1, 2008 or later. The EEC pays for an organization called Efficiency Vermont to provide energy efficiency
services to most of the state. For more information, including technical advice, education, rebates and other financial incentives for
the lowest in New England.
homes, farms and businesses, contact Efficiency Vermont toll free at 1-888-921-5990.
Energy efficiency benefits Vermont in two ways: first, using less electricity lowers the bills of individuals who take steps to reduce Industrial Bills for 1000 kW, 650,000 kWh Due to cost controls and stable long-term
their power use; second, and more importantly, when statewide use goes down, it reduces electric utilities’ total system costs, which
Boston Ed $98,801 power contracts, CVPS has moved from
would otherwise be paid by all electric customers through rates. among the most expensive utilities in New
Conn. L&P $94,549 England to among the lowest priced during
Effective on Feb. 1, 2008 bills, the EEC rates for customers of most Vermont electric utilities except those of the City of Burlington
Electric Department will be: the past decade. fuel prices have driven up
WMECo $92,432
electricity prices for many other utilities, driven
New 2008 EEC rates
Rates for Customers Without Demand Charges NIMO $73,256 in part by hurricanes and problems in the
Residential $0.00668/kWh Commercial $0.00577/kWh Industrial $0.00371/kWh middle East.
Rates for Customers with Demand Charges PSNH $70,039
Commercial demand customers $0.00364/kWh plus $0.6616/kW Recent rate requests by other utilities have
Industrial demand customers $0.00284/kWh plus $0.4328/kW BED $64,987
been up to 60 percent in New England, and
Rates for Unmetered Street and Security Light Customers: $0.00577/kWh
GMP $59,567 as much as 72 percent in maryland. as a
Current EEC rates result, we believe CVPS has the lowest rates
Rates for Customers Without Demand Charges CVPS $51,395
of any major New England utility, providing a
Residential $0.00496/kWh Commercial $0.00408/kWh Industrial $0.00293/kWh
Rates for Customers with Demand Charges $0 $20,000 $40,000 $60,000 $80,000 $100,000 solid value to customers. With Vermont’s focus
Commercial demand customers $0.00242/kWh plus $0.5098/kW Source: EEI Typical Bill and Avg. Rate Reports July 2007 on energy efficiency, CVPS bills compare fa-
Industrial demand customers $0.00219/kWh plus $0.2699/kW BED website, reflects rates as of July 1, 2007 (current rates) vorably to average bills nationally.
Rates for Unmetered Street and Security Light Customers: $0.00408/kWh
For more information about the charge, please contact your field representative. See back page for contact information.
our operating expenses CVPS increases power factor threshold
Our operational efficiency provides As a participant utility in the integrated power supply and transmission system known as the New England Power Pool,
Central Vermont Public Service has a responsibility to ensure that the system maintains reliable operation.
savings for customers.
Customer over-reliance on reactive power support from the transmission system during stressed conditions could result
our continuous improvement program, in unacceptably low voltage levels. As such, the Independent System Operator (“ISO-NE”), an entity responsible for
the “Right Way to Work,” fosters a culture Total Operating Expenses per Customer the safe, reliable operation of the New England transmission system, has created an operating procedure (OP-17) that
of workplace efficiency in everything we establishes ranges of acceptable load power factors for various areas within the New England region. Power factor
do. according to federal reporting statis- $3,000 2005 2006 measurements are then taken and compared to the ranges and the ISO-NE determines if power factors are within rea-
tics, in 2006, sonable tolerances for reliable operation. The Vermont region has not met the established power factor standards at a
CVPS operat- $2,500
Our service territory, spread number of points over the last few years.
across about 50 percent of ing expenses
Vermont, is largely rural. per customer $2,000
Corrective action to achieve compliance is best addressed at locations where measurements of power factor are known
While Vermont utilities aver- were the low- to be substandard. Increasing the average power factor requirements of our largest load customers is one way for CVPS
age 30 customers per mile of est among $1,500
to take corrective action in a prudent way. As such, customers who maintain acceptable power factor levels are not re-
distribution line, CVPS has New Eng-
about 17 customers per mile.
sponsible for the corrective action necessary to make the region compliant while those customers whose reactive power
land’s major $1,000
requirements are partially responsible for the region’s non-compliance must take corrective action. The power factor
utilities.
$500
charge mechanism is designed to require the customer with a substandard power factor to make the investment needed
to improve their power factor and avoid the power factor charge.
In 2004, a study by the Pacific Economics
Group found that our operational costs
were 19.6 percent lower than expected, The company will increase the threshold for the power factor from 85 percent to 90 percent effective April 1, 2008.
CVPS GMP PSNH Conn. L&P Boston Ed This delayed implementation will allow customers to use the money that they might have paid CVPS in increased
compared to other utilities with similar
characteristics. Source: FERC Form 1 (2007) power factor charges to instead use the money toward power factor correction.