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  • Business | National / World Business
    Group seeks applicants for electric board
    Staff and WIRE REPORT | August 13,2012
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    MONTPELIER — A nonprofit group that has a 38 percent stake in the company that owns and manages Vermont’s high voltage electric transmission system is seeking three people to serve on the VELCO board of directors.

    The Vermont Low Income Trust for Electricity was formed as a part of the now-completed merger of Green Mountain Power and the Central Vermont Public Service Corp.

    VELCO is owned by the state’s electric utilities and the Low Income Trust.

    Candidates for the board must possess technical, governance, public interest and other experience.

    Those interested in the positions have until Aug. 31 to submit applications.

    The Vermont Public Service Board’s order approving the GMP-CVPS merger stated that those serving on VELCO’s board of directors should be chosen from “the best and the brightest.”

    Among the information applicants must submit include a statement between one paragraph and one page in length that clearly and specifically describes why they are interested in serveing on the VELCO board of directors.

    For more information about VELCO go to www.velco.com.
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