Green Mountain Power

About Green Mountain Power

Green Mountain Power is an investor owned organization headquartered in Colchester, Vermont and serving customers in 28 cities in Vermont. A total of 275,123 customers (74 industrial accounts, 48,274 commercial customer accounts and 226,775 residential properties) receive electricity from the supplier. Green Mountain Power has an average residential electricity price of 22.70 cents per kilowatt hour. This is 39.94% more than the national average rate of 16.22 cents, resulting in the supplier ranking 2809th out of 2885 companies in the US for best average electricity rate. They had sales of 4,033,029 megawatt hours in 2023 sold to end users. The electricity sourced by the company is made up of multiple sources including megawatt hours they produce in their electricity facilities and supplementary megawatt hours acquired via wholesale channels. These categories comprise 17.05% and 82.04%, respectively, of all electricity sourced. Green Mountain Power made $777,467,000 in 2023, $20,947,000 of which came from electricity sales on the wholesale energy market and $700,359,000 of which came from sales to residential energy users.

The average residential electric bill for a customer of Green Mountain Power is $138.32 per month, while the national average is $143.38. Green Mountain Power ranks as the 274th highest total electricity generator out of 3530 companies in the US. Production from nuclear facilities totaled 142,868.48 megawatt hours for the supplier. This is the 64th most out of 3530 providers in the nation. The supplier is the 52nd largest generator of hydroelectric power in the US out of 3530 suppliers, with total generation reaching 421,201 megawatt hours.