MIDDLEBURY — Most local lawmakers said they are not keen on intervening in a case involving the proposed return to electricity ratepayers of around $21 million that was used to help stabilize Central Vermont Public Service Corp. in 2001 when it ran into some financial trouble.
CVPS, the state’s largest utility, weathered that financial storm (associated with hydro-power contracts) and is now on the verge of being acquired by, and merged with, Green Mountain Power (GMP) — which is owned by Montreal-based Gaz Metro.