CVPS receives go ahead for $61 million SmartPower project

The Public Service Board has given final approval for Central Vermont Public Service Corp. to move forward with a $60 million investment that will transform the way customers use their electricity. Dubbed SmartPower, CVPS will replace all 160,000 meters with ones that will allow customers to control how much electricity they use. “The prospect that consumers across Vermont and New England will be able to respond to price signals and thus reduce peak demand over time is a central benefit of the Smart Grid and AMI (alternative metering infrastructure) specifically,” the PSB wrote in its Aug. 6 decision.

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