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 273,670 customers (75 industrial accounts, 47,349 commercial customer accounts and 226,246 residential properties) receive electricity from the supplier. Green Mountain Power has an average residential electricity price of 21.53 cents per kilowatt hour. This is 36.84% more than the national average rate of 15.74 cents, resulting in the supplier ranking 2828th out of 2892 companies in the US for best average electricity rate. They had sales of 4,129,433 megawatt hours in 2022 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 15.04% and 84.60%, respectively, of all electricity sourced. Green Mountain Power made $834,734,000 in 2022, $37,272,000 of which came from electricity sales on the wholesale energy market and $702,605,000 of which came from sales to residential energy users.

The average residential electric bill for a customer of Green Mountain Power is $124.47 per month, while the national average is $135.98. Green Mountain Power ranks as the 262nd highest total electricity generator out of 3526 companies in the US. Production from nuclear facilities totaled 127,420.56 megawatt hours for the supplier. This is the 65th most out of 3526 providers in the nation. The supplier is the 50th largest generator of hydroelectric power in the US out of 3526 suppliers, with total generation reaching 437,504.62 megawatt hours.