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Velco News


VELCO and IBM Research Announce the Creation of Utopus Insights

RUTLAND, VT and Yorktown, NY – Vermont Electric Power Company (VELCO) and IBM (NYSE: IBM) today announced the creation of Utopus Insights, Inc., based in Valhalla, NY. Utopus Insights is a new company that will strive to be a leading provider of the next generation of intelligent energy solutions. VELCO, an … Read More »

VELCO receives approval to construct Connecticut River Valley Project

Vermont Electric Power Company (VELCO) is inviting neighbors in Ludlow, Cavendish and Weathersfield, and other interested people, to an informational session about the upcoming construction of the Connecticut River Valley Project. VELCO expects to begin this work in early September.  The meeting will be held August 18, 2016, from 6:00 … Read More »

VELCO Named Finalist for Energy Innovation Award

Vermont Electric Power Company (VELCO) was named today as one of eight finalists for the electric industry’s highest honor, the Edison Award, based on the company’s work to create the Vermont Weather Analytics Center — a breakthrough for increasing electric grid resiliency and sustainability. Read More »

Construction Update, 4/13/16

Newport Substation Construction Update, 4/13/16 Major construction activities at Newport will resume in April 2016, including the installation of equipment foundations, erection of structural steel, and in-kind replacement of power circuit breakers.  Work will be performed entirely within the existing substation property. Truck traffic is expected to increase from May … Read More »

VELCO Board elects Colin Owyang as General Counsel

Rutland, VT — Vermont Electric Power Company (VELCO) announces the election of Colin Owyang as VELCO’s General Counsel and Corporate Secretary following a unanimous vote of the company’s Board of Directors on April 7, 2016. For the past three months, Colin, 47, has been working as General Counsel-designate under the direction … Read More »

Owyang selected as VELCO General Counsel successor; Board vote in April

Rutland, VT— Vermont Electric Power Company (VELCO) President and CEO Tom Dunn today announced that Mr. Colin Owyang, subject to approval by the VELCO board, will serve as VELCO’s Vice President, General Counsel and Corporate Secretary effective April 7, 2016. Mr. Owyang succeeds Ms. Karen O’Neill who will retire at … Read More »

Construction to begin for Newport Substation Upgrade Project

Newport, VT–Vermont Electric Power Company (VELCO) wants to ensure our community neighbors are aware of an upcoming temporary increase in truck traffic due to our grid reliability work on the Newport Substation. Starting next week, truck traffic will access the project site by way of Clyde Street. The work includes … Read More »

VELCO sends 45-day advance-notice package for the Connecticut River Valley Project

In August 2015, Vermont Electric Power Company (VELCO) is planning to request permission–a Certificate of Public Good–from the Vermont Public Service Board (PSB) to rebuild the transmission line connecting our Coolidge substation in Ludlow and Cavendish to our Ascutney substation in Weathersfield, and the associated upgrades to the Ascutney, Hartford … Read More »