Current News
Vermont had the third highest residential electric rates in the nation in February at 18.41 cents per kilowatt hour and the seventh highest for all sectors at 14.57 cents/KWH, according to the federal government. Vermont was 2.58 cents higher than the average New England residential rate and 0.2 cents lower overall. The US average was 11.61 and 9.77 respectively. Both the Vermont and US rates were higher than for February 2012. For residential, New York and Hawaii were higher. Overall, in addition to New York and Hawaii, Connecticut, New Hampshire, Rhode Island, and Alaska were higher.
Meanwhile, coal continues to generate more than a third of the nation's electric supply in February, and growing. Natural gas is second and nuclear is third, both sources fell from the same time last year as the total US was down slightly. Solar is the fastest growing sector. See table below.
SEE US ENERGY INFORMATION
by State, February 2013 and 2012 (Cents per Kilowatt hour)
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.
Highlights of the report, which was released after the market closed Wednesday, included:
Revenue Increases 14% Over the Prior Year Period
Free Cash Flow of $202 Million in the Quarter, $456 Million for the First Half of Fiscal Year 2013
Management Updates Outlook for Fiscal Year 2013:
