Advocacy

Nobody thinks much about utility regulation…until it hits their wallet. It’s not a sexy nor easy topic, but is one that impacts about every household and business in the state. When your rates go up or your electricity is interrupted, it gets your attention – but then it’s too late. In Vermont, our gas and electric utility companies are monopolies and the majority of Vermonters are served by for-profit companies. That’s why we regulate them. Unfortunately, ratepayers don’t always get a fair shake in this murky and complex system. They don’t have a voice, unless regulators or advocates stand up for them. Thankfully, our Legislature is finally looking at this issue closely.

Press Statement:

A recently announced agreement between Vermont Gas Systems (VGS) and the VT Dept. of Public Service (DPS) is cause for concern to anyone who is watching this issue closely -- especially ratepayers! While it proposes to reduce the cost to ratepayers by $20 million, it allows for unforeseen costs and still leaves current VGS customers paying at least $134 million for a gas pipeline that will serve another market altogether. AARP has indicated its opposition to this proposal as well as the obvious attempt to influence the Public Service Board's decision on the larger issue of reopening the project for review. The claims that this project serves the public good for all Vermonters is flawed by a host of measures -- particularly the overall economic benefit which studies show will have a negative impact in the neighborhood of $200 million.

A motion was filed today by AARP Vermont with the Vermont Public Service Board showing that, once again, Vermont Gas Systems (VGS) has failed to disclose highly material information with the Board in relation to their Addison Natural Gas Project. The evidence concerns lawsuits between their primary pipeline contractor, Over and Under Piping Contractors, Inc. As it turns out, VGS has never had a signed contract with the firm, terminated them last November and the contractor is suing for over $11 million and has placed contractor liens on VGS real property and pipeline equipment. Much of this information was not disclosed to regulators when the company was testifying to the projected costs of the project.

How much have you saved for retirement? Five hundred dollars? Five thousand? Fifty thousand? If you have even $5 saved, you’re one step ahead of nearly half of working-age households — who have ZERO saved for retirement.

Most Vermonters feel that ratepayers should not bear the costs of a gas pipeline nor be subject to higher rates to fund Vermont Gas System’s (VGS) Adison Natural Gas Project, according to a recent survey by AARP Vermont of registered voters across the state. Furthermore, most of those surveyed said they would be more likely to support a candidate who committed to ensuring that regulators advocated for affordable residential utility rates. Most felt they needed better representation from regulators at the state level regarding utility costs and that there should have been far more transparency on the increasing costs of the VGS pipeline project.

AARP CEO Jo Ann Jenkins offered the following statement in reaction to the 2015 Medicare Trustees report released today:

Every 2 seconds someone's identity is stolen!!

While breach-fatigued retailers work to reduce the theft of their customers’ plastic-payment data, scammers have turned their focus to stealing card details at the ATM.

Protect youself and your family from identity thiefs! Bring your boxes or bags of documents, bank statements, credit card junk mail, etc. and watch it shredded at our free shredding days in South Burlington and Rutland. Please, no more than three boxes or bags per person. Paper clips and staples don't need to be removed.