New Initiative to Help VT Manufacturers Reduce Costs, Increase Competitiveness

By Joe Gullo

Published 08/07 2014 05:30PM

Updated 08/07 2014 06:19PM

WAITSFIELD, Vt. - Vermont Governor Peter Shumlin unveiled a new plan to help Vermont's manufacturers reduce energy costs and manage their costs over the long term. The governor was joined by Efficiency Vermont.

“We need to be doing everything in our power to help Vermont manufacturers compete in a global marketplace,” said Governor Shumlin. “This includes helping them manage their energy costs. By working with Efficiency Vermont to reduce their peak electric loads, they can save money - and focus on growing their business right here in Vermont.”

Efficiency Vermont expects to invest around $2 million in the Industrial Peak Initiative, which well help Vermont's 19 largest manufacturers reduce their peak electric use.

Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.