Assessment of Uneconomic Power Contract Costs in Vermont


Synapse prepared an economic analysis of the Green Mountain Power Company’s above-market costs of its power contract with Hydro-Québec.  The Vermont Public Service Board disallowed recovery of a substantial portion of the contract costs, based upon Bruce Biewald’s analysis and finding that the contract was not economically used and useful.  Testimony filed in October 1997.

Completed October 1997.