Electricity rates — Green Mountain Power Corp

What a typical bill costs

At 1,000 kWh a month the 2 generally available plans here run from $2,574.05 on Rate 11: Optional Residential TOD to $2,936.80 on Rate 01 Residential Service, with a median of $2,755.43.

Effective rates, bill divided by kilowatt-hours, span 21.5¢ to 24.5¢ per kWh at that usage.

What Green Mountain Power Corp's customers were billed in 2024

At 586 kWh a month, Green Mountain Power Corp's median open plan comes to 24.5¢ per kWh, 11% above the 22.1¢ its customers were billed in 2024, riders included. Rates set since 2024 account for some of that.

How it compares

Among the 109 utilities indexed, Green Mountain Power Corp's cheapest open plan is the 18th-highest, 56% more than their median of $1,649.16. It sits between Puget Sound Energy Inc ($2,497.44) and Public Service Elec & Gas Co ($2,664.75).

Its fixed charge, $24.69 a month on Rate 11: Optional Residential TOD, is higher than on the cheapest plan of 91 of the other 108 utilities.

None of Green Mountain Power Corp's plans open to any household has a tiered step or a seasonal price in this data: a kWh costs the same however much is used and whatever the month.

In the guides: What a bill costs before a single kilowatt-hour

How the answer changes with usage

Rate 11: Optional Residential TOD is cheapest at every level tested — $1,435.17 a year at 500 kWh a month, $4,851.79 at 2,000 kWh.

The penalty for a poor choice grows with usage: $147.55 a year at 500 kWh against $793.29 at 2,000 kWh.

Cheapest 6 plans at 1,000 kWh a month

Rate 01: Residential Electric Assistance Program (EAP) — $1,721.64 a year, 14.3¢ per kWh effective, tiered. It carries a $10.89 monthly standing charge. In effect since April 2017. Too old to quote as a current price.

Rate 61: Residential Time Of Day — $1,753.31 a year, 14.6¢ per kWh effective, time-of-use. It carries a $17.94 monthly standing charge. In effect since April 2017. Too old to quote as a current price.

Rate 11: Residential Optional Time of Use-Electric Assistance Program (EAP) — $1,779.12 a year, 14.8¢ per kWh effective, tiered and time-of-use. It carries a $14.02 monthly standing charge. In effect since April 2017. Too old to quote as a current price.

Rate 61: Residential Time Of Day - Electric Assistance Program (EAP) — $1,829.28 a year, 15.2¢ per kWh effective, tiered and time-of-use. It carries a $13.71 monthly standing charge. In effect since April 2017. Too old to quote as a current price.

Rate 74: TOU Electric Vehicle Residential Service — $2,239.71 a year, 18.7¢ per kWh effective, time-of-use. It carries no standing charge. In effect since October 2024. Restricted: needs an electric vehicle.

Rate 11: Optional Residential TOD — $2,574.05 a year, 21.5¢ per kWh effective, time-of-use. It carries a $24.69 monthly standing charge. In effect since October 2024.

How these plans are structured

Of 8 priceable plans: 3 tiered, 6 time-of-use, 1 flat-rate.

Fixed monthly charges run from $10.89 to $24.69.

Who provides these plans

EIA-861 lists Green Mountain Power Corp serving homes in Vermont and in no other state, which is how its plans are placed there. 8 of its 8 published residential schedules can be priced.

The largest saving available here

Moving from Rate 01 Residential Service to Rate 11: Optional Residential TOD saves $362.75 a year at 1,000 kWh a month, with no change in consumption.

What this does not cover

6 of these plans price by the hour, so their figures are marked lower confidence.