Company Profile
Company Description:
Vermont Electric Power Company, Inc.—VELCO—was formed in 1956 when Vermont’s local utilities joined together to establish the nation's first statewide, "transmission only" company in order to create and maintain an interconnected electric transmission grid capable of sharing access to clean hydro power. VELCO currently manages a system that includes:
- 738 miles of transmission lines
- 13,000 acres of rights-of-way
- 55 substations, switching stations and terminal facilities
- Equipment that enables interconnected operations with Hydro-Québec
- Fiber optic communication networks that monitor and control the electric system and serve as a key link for Vermonters’ high-speed data internet access
- 52-mile 450 kV direct current line through the Northeast Kingdom owned by Vermont Electric Transmission Company (VETCO)
Headquartered in Rutland, Vermont, VELCO employees strive to give Vermont’s utilities and their customers a reliable high-voltage grid, a strong unified voice on regional energy issues, and continued access to safe, reliable, cost-effective electricity. VELCO collaboratively develops and advocates cost-effective reliability solutions, whether system infrastructure, energy efficiency or generation.