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Vermont Gas says pipeline spending is on target

Posted on April 23, 2015 |
By Zach Despart



ADDISON COUNTY — Cost projections that are in line with expectations are rarely the subject of news stories, but in the case of Vermont Gas Systems, no news is, in fact, good news.

full story

Vermont Gas admits it kept regulators in the dark on pipeline cost increase

Posted on March 14, 2015 |
By Zach Despart



MONTPELIER — Vermont Gas Systems officials last year knew the company’s proposed natural gas pipeline through Addison County would cost much more than anticipated, but waited more than five months to tell regulators — even after the Department of Public Service requested that it do so.

This information came to light in recent testimony by Vermont Gas executives in a Public Service Board proceeding to determine whether the company violated board procedure by not providing timely cost updates for Phase I of the Addison Rutland Natural Gas Project.

full story

Phase I cost hike, Phase II cancellation could be bad news for Vt. Gas ratepayers

Posted on February 19, 2015 |
By Zach Despart



ADDISON COUNTY — As regulators sort through the fallout of Vermont Gas Systems’ decision last week to cancel its application for its Phase II pipeline and announcement in December of a massive cost hike for Phase I, opponents of the pipeline warn that both events will significantly raise the burden ratepayers will be asked to bear for the Phase I project.

full story

Vermont Gas abandons Phase II pipeline

Posted on February 12, 2015 |
By Zach Despart and John S. McCright



ADDISON COUNTY — Reaction to the announcement Tuesday that Vermont Gas Systems would abandon its proposal to build a $105 million pipeline from Middlebury to Ticonderoga, N.Y., was met with a mixture of joy and relief from Addison County residents who would have been directly affected.

“I was delighted because we spent more than two years trying to defeat this project,” said Cornwall Selectman Bruce Hiland.

full story

Opinion: Vermont Gas official is not sharing enough information

Posted on January 23, 2015 |
By Norton Latourelle



The Jan. 15 issue of the Addison Indy headlined a story “New CEO of Vt. Gas vows company will be more transparent.” On that same day I had the opportunity to directly ask the new CEO, Don Rendall, a question on the Mark Johnson Show on WDEV radio. (Thank you, Mark.)

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full story

New CEO of Vt. Gas vows company will be more transparent

Posted on January 15, 2015 |
By Zach Despart



SOUTH BURLINGTON — Vermont Gas Systems President and CEO Don Rendall doesn’t have the biggest office at the company’s headquarters in South Burlington.

In fact, he doesn’t have an office at all. Rather, he set up his desk in the second floor reception area, by a row of windows that overlook Swift Street, and gave the administrative assistant that had occupied the space her own office down the hall.

full story

Pipeline opponents ask PSB to investigate December pipeline cost hike

Posted on January 15, 2015 |
By Zach Despart



MONTPELIER — The three members of the Public Service Board may have had a bout of déjà vu Monday afternoon. That’s when, as expected, opponents of the Addison Rutland Natural Gas Project formally asked the board to investigate a second major cost hike announced by the company for Phase I of the pipeline.

full story

Pipeline cost hikes raise questions about Vermont Gas' ability to project expenses

Posted on January 8, 2015 |
By Zach Despart



ADDISON COUNTY — The Dec. 19 announcement by Vermont Gas Systems of a second multi-million-dollar price hike for Phase I of its Addison Rutland Natural Gas Project pipeline disappointed regulators and the governor and raised key questions about the company’s ability to both manage the project and rein in costs.

full story

Vt. Gas says cash offer to Cornwall does not set a precedent

Posted on December 23, 2014 |
By Zach Despart



ADDISON COUNTY — Vermont Gas Systems’ recent offer of $1.5 million in cash and other incentives to Cornwall if the town dropped its opposition to Phase II of the Addison Rutland Natural Gas Project signaled a change in tactics for the company as it tries to complete the three-phase pipeline project.

full story

Vt. Gas raises Phase I pipeline cost estimate again

Posted on December 19, 2014 |
By Zach Despart



VGSguy6296.jpg

SOUTH BURLINGTON — Vermont Gas Systems on Friday announced that Phase I of the Addison Rutland Natural Gas Project pipeline will cost $33 million more than the company estimated in July, for a total cost of $154 million.

The company also said Phase I will be completed later than projected and asked the Public Service Board to delay its consideration of the second phase of the project, which the board has been reviewing for more than a year.

full story

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