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 272,233 customers (73 industrial accounts, 46,648 commercial customer accounts and 225,512 residential properties) receive electricity from the supplier. Green Mountain Power has an average residential electricity price of 20.72 cents per kilowatt hour. This is 34.61% more than the national average rate of 15.39 cents, resulting in the supplier ranking 2849th out of 2906 companies in the US for best average electricity rate. They had sales of 4,100,504 megawatt hours in 2021 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 15.74% and 83.93%, respectively, of all electricity sourced. Green Mountain Power made $729,560,000 in 2021, $16,493,000 of which came from electricity sales on the wholesale energy market and $670,860,000 of which came from sales to residential energy users.

The average residential electric bill for a customer of Green Mountain Power is $117.57 per month, while the national average is $130.88. The supplier's consumers are faced with an average of 2.08 electrical outages per customer each year. These outages last an average of 269.4 minutes, while the national average is 1.58 outages per customer and 145.81 minutes an outage. The company generates 19.38% (or 134,771.5 megawatt hours) of the electricity that it sells from nuclear power plants. The supplier is the 62nd largest producer of hydroelectric power out of 3509 companies in the country, with total generation reaching 303,046 megawatt hours.