Central Vermont Public Service Corporation, together with its subsidiaries, operates as an electric utility company. The company engages in the purchase, production, transmission, distribution, and sale of electricity. It sells electricity to residential, commercial, and industrial customers. As of December 31, 2008, the company served approximately 159,000 retail customers in Vermont. Its wholly owned plants included 20 hydroelectric generating facilities with an aggregate nameplate capacity of 45.3 megawatts and 2 oil-fired gas turbines with a combined nameplate capacity of 26.5 megawatts. The company also involves in the ownership, purchase, sale, and lease of real and personal property and interests therein related to the utility business; and sale and rental of electric water heaters in Vermont and New Hampshire. In addition, it has joint ownership interests in generating and transmission facilities. The company was founded in 1929 and is based in Rutland, Vermont
$16.63 (05/10/09)
