Vermont Public Power Supply Authority

What Vermont Public Power Supply Authority does

Vermont Public Power Supply Authority (VPPSA) is a joint action agency and instrumentality of the State of Vermont, established by act of the Vermont General Assembly on July 1, 1979, and codified as Title 30 VSA, Chapter 84. VPPSA provides pooled services to 13 community-owned municipal electric utilities in Vermont that collectively serve over 30,000 customers across 50 communities. Its service portfolio spans power supply aggregation and ISO-New England wholesale market participation, financial services including tax-exempt bond financing, IT and NERC CIP security services, rate and capital planning, legislative and regulatory advocacy before the Vermont Public Utility Commission and FERC, and customer-facing programs such as EV and heat-pump rebates. The organization also owns and operates generation assets: a 100% interest in the 48 MW Project 10 peaking facility in Swanton (two GE Frame 5N turbines with fast-start capability) and a 19% interest in the 50 MW JC McNeil biomass plant in Burlington. VPPSA is governed by a Board of Directors with equal representation from each member municipality, is authorized to charge sufficient amounts to guarantee full cost recovery, and is co-owner of the national non-profit Hometown Connections. Recent activity includes a June 2025 agreement with GlobalFoundries (via GF Power LLC) to provide administrative power services, the April 2025 re-entry of Stowe Electric Department, 2025 launches of the ACRE community solar program and SmartHours EV rate pilot, and a 2026 smart meter rollout deploying wireless two-way endpoints integrated with Itron's MV90xi meter interrogation system.

Name

Vermont Public Power Supply Authority

Legal name

Vermont Public Power Supply Authority

Website

https://vppsa.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Vermont Public Power Supply Authority is a Vermont state-chartered joint action agency that provides pooled power supply, financial, IT, and regulatory services to 13 community-owned municipal electric utilities serving over 30,000 customers across 50 Vermont communities.

Ownership category

akta.pro rank

Product category

Municipal Electric Utility Services

NAICS

Public Administration (92), Executive, Legislative, and Other General Government Support (921)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

C&I PPAs & Virtual PPAs (VPPA) Origination & Management (EUAGACAF)

akta.pro secondary industries

VPP Orchestration & Aggregator Operating Platforms (EUAFAKAC), Virtual Power Plant (VPP) / Distributed Energy Resources (DER) Aggregation for Balancing (EUAGAKAI), Commercial & Industrial (C&I) DER Aggregation & Load Flexibility (EUAFAHAB)

Keywords

• Municipal power supply
• Joint action agency
• Electric utility services
• Power generation assets
• Energy aggregation services

Headquarters

HQ city

Waterbury Center

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Member Service Fees: VPPSA is authorized by the State of Vermont to charge sufficient amounts to guarantee recovery of all costs. VPPSA provides broad spectrum of joint action services including power aggregation, financial support, IT support, rate planning support, and legislative/regulatory representation. As an instrumentality of the State of Vermont, bonds or notes issued by VPPSA are exempt from taxation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

VPPSA is a joint action agency and instrumentality of the State of Vermont that provides coordinated services to 13 member municipal electric utilities, including power aggregation, financial support, IT support, rate planning support, and legislative/regulatory representation. It owns the 48 MW Project 10 peaking plant in Swanton, Vermont and holds a 19% stake in the 50 MW JC McNeil biomass generating station in Burlington.

Product overview

VPPSA is a joint action agency providing a coordinated suite of services and power generation assets to municipal electric utilities in Vermont. Its core products include two power generation assets: Project 10 (a 48 MW peaking plant) and a 19% ownership stake in the JC McNeil biomass plant. The organization offers member utilities power supply services, financial services, IT/technology support, rate planning, and legislative advocacy—all centralized through the joint action agency model. Programs like the Affordable Community Renewable Energy (ACRE) program, SmartHours EV rate pilot, and a broad rebates and incentives portfolio (covering EVs, heat pumps, weatherization, and electrified equipment) complement the core energy services. Together, these products and services enable 13 community-owned municipal utilities serving over 30,000 customers across 50 Vermont communities to achieve economies of scale while maintaining local control.

Differentiator

Problem solved

Functional benefit

Products and services

• Project 10 A 48 MW peaking power plant in Swanton, Vermont owned 100% by VPPSA, consisting of two GE Frame 5N turbines each rated at 24 MW, designed to provide fast-start capabilities within ISO-NE wholesale markets.
• JC McNeil Generating Station
• Affordable Community Renewable Energy (ACRE) Program A community solar program that helps qualifying customers lower electric bills through steady monthly savings credits on their electric bills.
• SmartHours Program An EV rate pilot program hosted by VPPSA member electric utilities offering EV owners time-of-use and alternative rate structures to save on vehicle charging costs.
• Power Supply Services
• Financial Services
• IT Support / Technology & Security Services
• Rates & Planning
• Legislative & Regulatory Advocacy
• Renewable Energy Standard Compliance
• Rebates & Incentives Programs

Quantifiable outcome

• VPPSA has provided over $890,000 on more than 2,000 incentives since 2019 to help Vermonters reduce fossil fuel use
• +2 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• American Public Power Association (APPA)coreOthersVPPSA participates in APPA Legislative Rallies and helps craft policy positions before Congress on issues affecting public power utilities.
• ISO-New EnglandcoreTechnology or IntegrationVPPSA participates in ISO-New England wholesale power markets on behalf of members, assuming responsibility for most members' interactions and ensuring compliance with market requirements.
• Northeast Public Power Association (NEPPA)coreOthersVPPSA coordinates with NEPPA on regional public power issues and advocacy.
• Transmission Access Policy Study Group (TAPS)coreOthersVPPSA participates in TAPS to ensure small utility perspectives are incorporated into transmission policy discussions before FERC.
• Hometown ConnectionscoreStrategic or Co-development PartnerVPPSA is a co-owner/investor in Hometown Connections, a national non-profit utility services organization offering public power utilities access to technology, workforce, and management solutions. Formed in 2018 by five joint action agencies including VPPSA.
• Efficiency VermontminorStrategic or Co-development PartnerVPPSA partners with Efficiency Vermont on energy efficiency programs including the PowerShift Pilot Program for residential EV charging.
• Vermont System Planning Committee (VSPC)minorOthersVPPSA serves as primary voice of small utilities on VSPC ensuring statewide grid planning considers transmission dependent utility perspectives.
• DeltaClimeVTminorOthersPartner organization supporting clean energy development in Vermont.
• DriveElectric VermontminorGTM or Marketing PartnerVPPSA partners with DriveElectric Vermont to promote electric vehicle adoption among member utility customers.
• GlobalFoundaries (GF Power LLC)minorOthersVPPSA signed agreement in June 2025 to provide administrative power services to GlobalFoundaries Vermont facility through GF Power LLC subsidiary.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MEAG Power: Municipal Electric Authority of Georgia is a joint action agency providing power supply, financing, and related services to municipal electric utilities in Georgia. Direct peer with the most comparable structure: statutory joint action agency aggregating power supply and providing shared services to member municipal utilities.
• Hometown Connections: National non-profit utility services organization co-owned by VPPSA and other joint action agencies, providing technology, workforce, and management solutions to public power utilities. Direct peer because VPPSA is both a co-owner and a comparable joint action agency serving the same customer category.
• WPPI Energy: Joint action agency serving 51 member municipal electric utilities across Wisconsin, Michigan, Iowa, and Minnesota. Direct peer operating the same joint action model — power supply aggregation, member services, and shared resources — for community-owned electric utilities.
• Missouri Joint Municipal Electric Utility Commission: Joint action agency providing power supply and shared services to municipal electric utilities in Missouri. Direct peer operating the same statutory joint action agency model as VPPSA for small community-owned utilities.
• Nebraska Public Power District: Public power district and joint action entity supplying wholesale power and related services to retail utilities across Nebraska. Comparable joint action/wholesale power supply structure serving a member-owned customer base similar to VPPSA's municipal utilities.

Regional players

• Efficiency Vermont: Statewide energy efficiency utility partnering with VPPSA on programs like the PowerShift Pilot. Regional player operating in the same Vermont energy transformation space with complementary demand-side management offerings.
• VELCO (Vermont Electric Power Company): Vermont's transmission-only utility that operates the state's high-voltage electric grid and is a VPPSA partner. Regional player serving the same Vermont electric ecosystem with overlapping infrastructure but distinct transmission-only mission.

Broad incumbents

• Green Mountain Power: Largest electric utility in Vermont and 31% co-owner of the McNeil Generating Station alongside VPPSA. Broad incumbent operating across generation, transmission, and retail supply in the same Vermont territory — a competitor for large customers and counterparties.
• American Public Power Association (APPA): National trade association for public power utilities, of which VPPSA is an active member and partner. Broad incumbent serving the same customer category (public power utilities) but at the industry advocacy and resource level rather than direct power supply.

Emerging players

• Cypress Creek Renewables: Solar and community solar developer operating community solar projects across multiple U.S. states. Emerging player intersecting VPPSA's ACRE community solar program with overlapping customer economics and renewable project development capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/vtpublicpower
• Facebookfacebook.com/VTpublicpower
• LinkedInlinkedin.com/company/vermont-public-power-supply-authority

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vermont Public Power Supply Authority