GMP CEO: Utilities see solar as a threat to their business

October 24, 2013 | By Barbara Vergetis Lundin

Green Mountain Power (GMP) has received the 2013 investor-owned Utility of the Year Award from the Solar Electric Power Association (SEPA) presented for its initiative incorporating solar as a cost-effective customer solution and its decision to make Rutland the Solar Capital of New England. GMP recently expanded its solar goal in Rutland from 6.25 MW of solar generation in 2017 to 10 MW by the end of 2015.

Solar Capital of New England project infographic. Credit: Green Mountain Power

"Though it is one of the smallest investor-owned utilities in the country, Green Mountain Power has demonstrated a disproportionately large commitment to clean, renewable solar energy, customer choice and the communities it serves," Julia Hamm, SEPA president and CEO, said. "GMP's recent effort to make Rutland, Vermont, the solar capital of New England is an exercise in clean energy, economic and community development, all rolled into one. It is inspirational to many of us in the solar industry."

While many utilities have been in the news recently due to their attacks on solar, GMP questions why those utilities would let such an opportunity escape.

"The work we have done in solar is a huge benefit for all of our customers as it helps drive down the cost of purchasing power during peak times. The work we are doing in Rutland will benefit all of our customers, as lessons learned and experience gained there will help us expand our portfolio of renewable energy statewide, and help customers meet their personal generation needs," Mary Powell, GMP president and CEO, said. "While many utilities see solar generation as a threat to their business, we see solar as an opportunity to cost-effectively fulfill customer wants and needs and support new jobs and businesses in our communities. Rather than fear solar, as many utilities appear to do, we embrace it."

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http://www.fierceenergy.com/story/gmp-ceo-utilities-see-solar-threat-their-business/2013-10-24