-A A +A


Vermont Mutual achieves more than 30 percent reduction in thermal and electrical consumption

Thu, 05/09/2013 - 5:20am -- tim

Kilawatt Technologies has great pleasure to announce the first quarter results for 2013 of the Energy and Environment Management Project with Vermont Mutual Insurance Group.Vermont Mutual achieved a 34 percent Reduction in Thermal Energy consumption. In addition, they achieved more than a 31 percent reduction in electrical energy consumption.
This equates to a fuel oil burn for their building of 0.05 Gallons per Square Foot for the month of February.For 2012 as a whole, Vermont Mutual achieved a total energy reduction of almost 21 percent for the year.

Response to Grand Isle transmission solicitations exceeds expectations

Thu, 05/09/2013 - 5:03am -- tim

Anbaric Transmission has announced that the "Transmission Customer Open Solicitation" for the Grand Isle Intertie Project ("GII") released on April 12, 2013, resulted in expressions of interest well in excess of the planned capacity of 400MW. GII, a transmission project between Plattsburgh, New York and Essex, Vermont will be capable of flowing 400 megawatts of electricity between upstate New York (from a substation in Plattsburgh) and Vermont (at a new Vermont Electric Power Company substation to be located near Essex, VT). Phase 1 of the solicitation is now closed.

Budget conferees presented with $6.2 million in budget reductions from Shumlin administration, JFO

Thu, 05/09/2013 - 4:59am -- tim

by Anne Galloway May 9, 2013 The members of the House and Senate budget conference committees met twice on Wednesday to find $10 million in budget reductions. Democratic legislative leaders and the governor charged conferees with a double scrubbing of the budget on Tuesday when they announced a deal to scuttle at least $10 million in tax proposals. Instead, Gov. Peter Shumlin, House Speaker Shap Smith and Senate President Pro Tem John Campbell agreed that they would find the money in the $1.3 billion General Fund budget.

Vermont Senate volleys hybrid end of life bill back to House

Thu, 05/09/2013 - 4:52am -- tim

by Alicia Freese May 8, 2013 The Senate passed an end of life bill Wednesday, 17-13, ending a longstanding stalemate and salvaging an imperiled piece of legislation.
The unusual compromise now heads back to the House, which must decide whether to accept the latest iteration of the bill.
Sen. Claire Ayer, D-Addison, clinched the necessary votes by offering a compromise amendment that was an amalgamation of the two approaches that split the Senate the first time around.

Green Mountain Coffee Roasters reports Q2 2013 financial results

Wed, 05/08/2013 - 11:12am -- tim

Green Mountain Coffee Roasters, Inc, (NASDAQ: GMCR), based in Waterbury, Vermont Wednesday after markets closed announced its second quarter fiscal year 2013 results for the 13 weeks and 26 weeks ended March 30, 2013. GMCR also announced a major new partnership with rival Starbucks SEE STORY. GMCR's stock price at the end of Wednesday's trading was $59.48, up $0.92 (1.57%). GMCR's 52-week range is $17.11 - $59.62. By 5 pm, in after hours trading, the stock was at $65.60 up $6.12 (10.29%). It opened Thursday at $67.89 and quickly exceeded $70.

Starbucks and Green Mountain Coffee Roasters enter into expanded, long-term strategic partnership

Wed, 05/08/2013 - 11:05am -- tim

Starbucks Coffee Company (NASDAQ: SBUX), the world's largest coffee retailer, and Vermont-based Green Mountain Coffee Roasters, Inc (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers, have signed an agreement that provides for the expansion of their successful partnership for the manufacturing, marketing, distribution, and sale of Starbucks- and Tazo-branded single serve packs for use in GMCR's Keurig single serve brewing systems globally.

Trademark monitoring' company settles with Vermont attorney general over deceptive mailings

Wed, 05/08/2013 - 10:26am -- tim

The Vermont Attorney Generals Office has reached a settlement with Trademark Monitoring Services, Inc., California, for mailing solicitations to Vermont businesses that misrepresented that the businesses owed it money for trademark-related services. Under the settlement, TMS must comply strictly with Vermont and federal law regulating through-the mail offers, pay full refunds to the businesses that sent it money, and pay $10,000 to the State of Vermont in penalties and costs.

Governor taps Philip Kolling to head SerVermont

Wed, 05/08/2013 - 10:19am -- tim

Governor Peter Shumlin announced today that Philip Kolling will serve as Executive Director of SerVermont, which coordinates and promotes community service across the state and is housed within the Agency of Human Services. Kolling has been SerVermont's VISTA Project Supervisor, and is responsible for starting Vermonts AmeriCorps VISTA program, which currently hosts 27 VISTA members within 20 different non-profit and government agencies statewide.