| Business Summary | | Green
Mountain
Power
Corporation
is
an
investor-owned
electric
services
company
that
serves
approximately
25%
of
Vermont's
population.
The
most
significant
portion
of
the
Company's
net
income
is
generated
from
its
regulated
electric
utility
operation,
which
purchases
and
generates
electric
power
and
distributes
it
to
approximately
86,000
retail
and
wholesale
customers.
The
Company's
principal
service
territory
is
an
area
roughly
25
miles
in
width
and
extending
90
miles
across
north
central
Vermont,
between
Lake
Champlain
on
the
west
and
the
Connecticut
River
on
the
east. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Green
Mountain
Power
Corporation
is
a
public
utility
company
engaged
in
supplying
electrical
power
in
Vermont.
For
the
six
months
ended
6/30/01,
revenues
increased
10%
to
$142.3
million.
Net
income
from
continuing
operations
applicable
to
Common
totaled
$5.8
million,
vs.
a
loss
of
$925
thousand.
Revenues
benefitted
from
an
increase
in
temporary
rates
and
higher
retail
MWH
sales.
Net
income
also
reflects
improved
operating
margins
and
lower
company-owned
generation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Thomas Salmon, 67 Chairman
of the Company | -- | Christopher Dutton, 51 Pres,
CEO | $218K | Jonathan Winer, 48 Pres
of Mountain Energy, Inc. | 130K | Mary Powell, 39 Sr.
VP - Customer and Organizational Devel. | 136K | Stephen Terry, 57 Sr.
VP- Gov. and Legal Relations | 157K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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