Green Mountain Power Union Employees Ratify Contract

first_imgGreen Mountain Power (NYSE: GMP) and the International Brotherhood of Electrical Workers (IBEW) Local 300 announced today that the Company’s 104 union employees voted to ratify a new four-year contract.The contract provides for wage increases of four percent, four percent, 3.5 percent and 3.5 percent over four years; includes some one-time wage increases for certain jobs to bring them more in line with the market; improves some benefits to employees, such as increasing the Company’s contribution to the 401k program by one-half a percent up to a 4.5 percent; and establishes safe guidelines for one-person work to significantly improve operations and to respond better to customer needs.The new contract was developed under a new “mutual gain” process, where management and union members worked together to identify issues, research data and develop solutions.“Working so closely with union-management teams in the mutual-gain process was deeply satisfying. We were able to work together to find solutions that benefit customers, help us meet financial goals and meet the needs of employees,” said Mary Powell, Green Mountain Power senior vice president and chief operating officer. “The approach is in line with our new culture of literally breaking down walls to improve communications and relationships,” she added.George Clain, president and assistant business manager of the IBEW Local 300, said, “We were able to solve issues much more effectively working in a cooperative process. The end result is an agreement that helps to protect the quality of life for retired and active employees at Green Mountain Power and provides for streamlining the operations of the company.”The new contract takes effect on January 1, 2004.last_img read more

Sara Burczy joins Blue Cross and Blue Shield of Vermont

first_imgSara Burczy joins Blue Cross and Blue Shield of Vermontas the new Wellness and Community Outreach CoordinatorBerlin, VT Sara Burczy is the new Wellness and Community Outreach Coordinator at Blue Cross and Blue Shield of Vermont (BCBSVT). She has responsibility for the day-to-day management of the three-year Vermont Worksite Wellness Project sponsored by BCBSVT and the University of Vermont. This exciting research study is funded by the U.S. Centers for Disease Control and Prevention Health Protection Research Initiative. The project will test the effectiveness of various types of wellness programs in the workplace. The project will offer a randomly selected group of 32 BCBSVT employer accounts with between 51 and 249 employees free worksite wellness programming in four areasnutrition and weight management, physical activity, stress reduction, and smoking cessationfor a period of 24 months. As project manager, Ms. Burczy will oversee the collection of outcomes data at regular six-month intervals.Ms. Burczy has extensive experience helping Vermonters from all walks of life to adopt healthier lifestyles. As a UVM Extension Professor and Nutrition & Food Specialist, she developed and implemented nutrition and health education programs throughout the state for over twenty-five years. Working with other UVM faculty, she also previously conducted research related to worksite wellness and nutrition (including obesity prevention and weight management). In addition, she served on the committee that created the University of Vermont employee wellness program in the 1990s. Prior to joining UVM Extension, Sara was the Marketing Assistant at the Burlington Savings Bank.Ms. Burczy earned her Master of Extension Education degree at the University of Vermont, where her concentration was community nutrition and health education. She did her undergraduate work at the University of Nebraska, where she graduated with high distinction with a dual major in journalism and family and consumer sciences. Ms. Burczy has received several national professional awards for her teaching, research and media work in the areas of nutrition and wellness.Blue Cross and Blue Shield of Vermont is the state’s oldest and largest private health insurer, providing coverage for about 180,000 Vermonters. It employs over 350 Vermonters at its headquarters in Berlin and branch office in Williston, and offers group and individual health plans to Vermonters. More information about Blue Cross and Blue Shield of Vermont is available on the Internet at www.bcbsvt.com(link is external). Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans.(End)last_img read more

AcroBible(TM) for iPhone(R) Provides Fingertip Access Anywhere

first_imgCOLCHESTER, Vt. — AcroDesign Technologies today announced the release of their downloadable, native, NIV iPhone bible. The feature rich AcroBible costs $28.99 and is a download rather than an online, annual-fee based Bible. This means that users pay just once, and can access the bible anywhere, on planes, busses, etc. AcroBible is an offline Bible and needs no Wi-Fi connection. Special features of the AcroBible include the ability to search for words or phrases, create bookmarks, attach notes to any verse, and highlight verses in up to six colors.Personal notes and highlighting are backed up via AcroBible’s www.ibiblespace.org(link is external). The AcroBible has one button back-up to the ibiblespace site which uploads all of the user’s personal notes and highlights. When iPhone owners buy a newer iPhone they can restore their personalized AcroBible notes and highlighting to the new phone with just one button. Users can also type notes via their home computer and download them to their iPhone via the ibiblespace.org site.AcroBible is a native iPhone/iPod touch application so the touch interface works like the built-in iPhone applications, making it easy to search and navigate the Bible. The interface is very attractive and very fast enabling users to traverse the Bible with almost no wait. Find out more at www.acrobible.com(link is external).About AcroDesign TechnologiesAcroDesign is a software engineering company, creating leading mobile applications since 2002. The AcroBible for iPhone is just the latest in a series of mobile Bibles. Additional products from AcroDesign include mobile dictionaries, and multimedia software. For more information about the complete line of products, visit www.acrodesigntech.com(link is external).AcroBible, AcroDesign, the stylized logos, specific product designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of AcroDesign Technologies in the U.S. and other countries.last_img read more

Burlington Electric sells Renewable Energy Certificates

first_imgAbout BEDBurlington Electric Department, the municipally owned electric utility for the City of Burlington, Vermont, serves about 16,000 residential customers and more than 3,600 commercial customers. As a city department, BED shares the values of the residents who have voted for energy efficiency programs, who have supported a clean power mix and who have expressed a desire to move forward into the 21st century in a manner that is sustainable and will provide future generations the chance to enjoy Burlington and its beautiful resources as the current generation does. For more information, see:www.burlingtonelectric.com(link is external)About World Energy Solutions, Inc.World Energy (NASDAQ: XWES; TSX: XWE) operates online exchanges for energy and green commodities. For buyers and sellers of electricity, natural gas, capacity, and green- energy assets who are impacted by today s volatile markets, World Energy s proven approach has transformed the normally complex procurement process into a powerful, streamlined vehicle for cost savings. In addition to enabling customers to seek competitive pricing on traditional energy commodities, World Energy is taking a leadership position in the emerging environmental-commodities markets. Its award-winning World Green Exchange® supports the ground-breaking Regional Greenhouse Gas Initiative s (RGGI) cap and trade program for CO2 emissions. For more information, please visit www.worldenergy.com(link is external).This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to: our revenue is dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; we depend on a small number of key energy consumers, suppliers and channel partners; there are factors outside our control that affect transaction volume in the electricity market; and there are other factors identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.Source: BED. Burlington, VT and Worcester, MA April 30, 2009 World Energy Solutions, Inc. (NASDAQ: XWES; TSX: XWE), an operator of online exchanges for energy and green commodities, today announced Burlington Electric Department (BED) has successfully brought to market, and sold, CT Class I Renewable Energy Certificates (RECs) on the World Green Exchange®. BED produces a significant number of CT Class I RECs annually through a wood-fired facility in Burlington, Vermont. The RECs have been sold on behalf of BED and the other joint owners of the facility: Central Vermont Public Service, Green Mountain Power, and VPPSA.The successful transactions, in which multiple bidders were awarded RECs, have set the stage for future REC sales events, including one planned for later in May. Prior to engaging with World Energy, BED sold its RECs through various brokers, but it was looking for additional methods to bring its clean-energy assets to market. Using the World Green Exchange has enabled BED to solicit the interest of multiple bidders, test pricing, and come to contract terms quickly with buyers. At BED the creation and sale of RECs are an important part of our clean energy strategy, so finding effective ways to bring these assets to market is a priority, said Ken Nolan, Director of Resource Planning at BED. Posting our RECs on the World Green Exchange is helping us build a dialogue with interested buyers while also making it easier for us to transact with confidence. We like the transparency we are gaining with this system and the momentum we are building with buyers in advance of future postings.Phil Adams, President of World Energy, added, RECs are an important part of how utilities and retail energy providers comply with renewable portfolio standards, yet the REC market remains illiquid and opaque. The REC market needs to provide buyers and sellers more transparency if it is to become a mainstay of how business is done. That is the spirit informing every aspect of the World Green Exchange, and we are happy to be attracting companies of BED s caliber to our platform and helping them achieve positive results.The World Green Exchange® is an open, information-rich marketplace that enables buyers and sellers of carbon commodities to transact with confidence. Working with leading standards, registries, consultants, project developers and banks, the World Green Exchange streamlines the procurement process while delivering transparency, quality, choice and value. More than 78 million green commodities, spanning CERs, VERs, RECs, Alberta offsets and RGGI allowances, have been transacted on the World Green Exchange, making it one of the largest primary carbon marketplaces in the world. The World Green Exchange is owned and operated by World Energy Solutions, Inc. (www.worldenergy.com(link is external)).last_img read more

Sugarbush Resort extends season through Easter Sunday

first_imgSugarbush Resort,Thanks to a 300-inch snowfall year, Sugarbush will remain open through Easter Sunday on April 24, 2011 â ¦ at least.To celebrate the long spring season, Sugarbush is announcing deep lift ticket and lodging discounts, including free skiing and riding for the rest of the spring for purchasers of 2011-2012 season passes. ‘We’re feeling the positive aftershocks of the third snowiest winter on record here in Vermont,’ said Sugarbush president and owner Win Smith. ‘The mountain still has a superb amount of snow, and with warmer weather here it’s just a fabulous, fun time to be on the hill.’ The special spring deals at Sugarbush include: ·    Free skiing or riding for the rest of the 2011 spring, for those who buy a 2011-2012 season pass (All Mountain 7, Mount Ellen Plus, Fancy Pass, or College Pass·     $48 per person, per night, spring vacation lodging packages at the luxurious Clay Brook slopeside hotel.  ·    $199 Spring Passes that are good for the remainder of the 2010-2011 season.  Sugarbush’s Lincoln Peak is 100% open, with 72 trails of skiing and riding, including daily grooming on select trails.For details on any of the discounts or for up-to-date ski reports, log on to www.sugarbush.com(link is external)last_img read more

Revision officially marks its expansion into the military helmet business

first_imgRevision Military Ltd,Revision officially marks its expansion into the Soldier Systems helmet business with a significant 3-year contract to develop the U.S. Army’s next-generation head protection system. The $1,990,340 award is for Revision to continue the design, development and demonstration of a modular and scalable headgear system for mounted and dismounted soldiers, and to mature it to a Technology Readiness Level 6. The new system is intended to provide impact protection improvements over current generation helmets and the integration of electronics and power. It will also allow soldiers to tailor their protection level and operating equipment to the specific mission at hand. Head Protection System with Ergonomic Retention System and Multi-Purpose Front Mount.‘The current situation is that head-borne protection and functional capabilities have not been designed as an integrated platform using Soldier-centric design principles. This has prevented the optimization of weight, balance and sub-component integration’ noted Don Lee, Project Engineer, Natick Soldier Research, Development and Engineering Center. He went on to say, ‘This development contract supporting the Helmet Electronics and Display System ‘ Upgradeable Army Technology Objective is expected to develop integrated headgear system technologies to include upgraded ballistic and impact protection, integrated CBRN mask, full face protection, and integrated heads-up display and sensor inputs for actionable information to Soldiers and Marines. We anticipate the final outcome will be tools and technologies that will allow the U.S. Army and USMC to field well-balanced, optimized headgear systems that will provide improved head protection, allow for increased situational awareness, and increased mission performance allowing our Soldiers and Marines to be the decisive edge on the battlefield.’Fully integrated Head Protection System with ballistic Visor and high-threat Mandible Guard.This new helmet design will integrate a trauma liner, communication system, heads-up display, CBRN mask and enhanced night vision goggles. The fully integrated and fully modular system will also feature a visor and mandible guard option designed to provide better blunt force, blast and ballistic protection than a helmet shell alone.‘As the nature of combat has changed, the type of trauma seen on the battlefield has also changed with increasing numbers of soldiers suffering from head and traumatic brain injuries, whether caused by blunt force, blast or ballistic impacts. Based on extensive head protection systems research and development, Revision believes it has the technological, scientific and impact testing knowledge to design a new helmet and head protection system that can help to reduce brain injuries while also providing lighter weight and superior ballistic head protection. The battle against soldier head injuries is on. Our aim is to develop the very best protection that new design, materials and processes can bring to those who are serving the country’ said Jonathan Blanshay, CEO of Revision Military. He continued, ‘Through the experience gained and global market-leading position achieved in a relatively short period of time with the eyewear business, Revision is confident that expansion into cutting-edge, integrated head protection systems for the military is a natural growth step. We are honored to have been selected for this crucial Natick developmental project.’Revision’s contract announcement comes at a pivotal time in the company’s history. In late 2010, the company announced an official corporate name change’from Revision Eyewear Ltd. to Revision Military Ltd.’to encompass its new head protection business. In June 2011, the company began operations at its new, Composite Center of Excellence and later this fall, the company expects to launch Batlskinâ ¢, its first generation, fully integrated, modular soldier protection system.ABOUT REVISIONRevision develops and delivers purpose-built protective soldier equipment for military use worldwide. The company, which began with eyewear, has expanded to face and head protection and continues to develop their capabilities for integrated, performance-enhancing soldier systems. To that end, Revision brings the most advanced expertise, state-of-the-art facilities and finest technical minds. Clients include the U.S. Department of Defense, the Canadian Department of National Defence, the Netherlands Defence Materiel Organization, the Swiss Federal Department of Defence and the UK Ministry of Defence. Privately owned and ISO 9001:2008 certified, Revision’s operational headquarters is located in Essex Junction, Vermont, USA, with additional offices in the Netherlands and Canada.  07.28.2011’ Essex Junction, VT, USA ‘last_img read more

New Vermont rental housing Web site and Washington County lead law settlements announced

first_imgLandlords, tenants and municipalities now have a place to find Vermont’s law on the legal health and safety requirements of rental housing: www.rentalcodes.org(link is external). The website features checklists of the rights and responsibilities of landlords and tenants, including links to relevant codes and contacts. The website was developed by the Attorney General’s Office working in conjunction with the Vermont Housing Finance Agency and other state agencies and stakeholders as a part of a safe rental housing study committee.‘We know from enforcing Vermont’s lead laws that landlords often have difficulty locating the various laws they need to comply with,’ said Attorney General William H. Sorrell. ‘While ignorance of the law is no excuse, we understood the difficulty and worked on www.rentalcodes.org(link is external) to make it easier to know the law. We hope the website will help everyone involved in rental housing in Vermont understand exactly what is required of them, as well as what rights they have in the rental process.’The website provides a central location for rental housing rules, regulations, and guidelines, with viewers able to access information based on who they are or an area of interest.For more information on the new website, go to www.rentalcodes.org(link is external) and click on the links for “About Us” and “About This Site.”Attorney General Sorrell also announced today that his office has settled claims against a pair of central Vermont landlords for violations of the state’s lead law. Landlords Mary Fernandez of Northfield and Jane Osgatharp of Montpelier have each entered into settlements with the Attorney General with the combined civil penalties and lead hazard reduction work totaling $16,500. Actions were brought against both landlords for failure to bring rented properties into compliance with Vermont’s lead in housing law, which requires Essential Maintenance Practices (“EMPs”) to be performed every year on all rental properties built before 1978.”Lead poisoning is a serious issue in Vermont, and we take compliance with the lead law just as seriously,” said Attorney General Sorrell. “While we try to work with landlords as much as possible, we have a duty to protect tenants from unnecessary exposure to lead paint, especially children.”In addition to completing the required EMPs, both landlords have agreed to perform substantial lead hazard reduction work to further decrease the likelihood of lead exposure for their tenants. Fernandez will put $5,000 into improvements on five Northfield properties and Osgatharp will put $7,000 into improvements on five properties in Montpelier and Waterbury.Prior to legal action, both landlords were sent letters of notification regarding the violations and requesting that all rental properties be brought into compliance within 90 days. The letters are part of an ongoing campaign by the Attorney General’s Office to target lead paint violations in rental housing across the state. For more information on Vermont’s lead law, or for copies of the court documents in these and other lead enforcement actions, see the Attorney General’s website at http://www.atg.state.vt.us(link is external) and click on the “Lead in Housing” link. Attorney General August 23, 2011last_img read more

WSJ: Energy Companies Scale Back ‘Big Ideas’

first_img FacebookTwitterLinkedInEmailPrint分享Sarah Kent and Robb M. Stewart for the Wall Street Journal:The world’s largest energy companies are sidelining big ideas that they touted just a couple of years ago as the future of the industry, Sarah Kent and Robb M. Stewart report. The oil industry has deferred or canceled $270 billion in projects as of March since crude prices began crashing nearly two years ago.The casualties include ultra-deep-water drilling projects, huge boats that serve as floating liquefied natural gas factories and technology that could cut emissions from burning fossil fuels. Royal Dutch Shell PLC, Chevron Corp. and Woodside Petroleum Ltd. are among the big companies to pull back or delay ambitious projects.“To be brutally honest, any large new greenfield investment, whether floating LNG, deep-water or elsewhere, is under very strict critical review for cost levels and return, simply because of where the industry is,” Shell Chief Financial Officer Simon Henry said.Full article ($): Complex and expensive ideas once held out as industry’s future fall to cost-cutting pressures WSJ: Energy Companies Scale Back ‘Big Ideas’last_img read more

J.P. Morgan puts capital behind solar-plus-storage projects

first_imgJ.P. Morgan puts capital behind solar-plus-storage projects FacebookTwitterLinkedInEmailPrint分享Energy Storage News:8minutenergy Renewables, J.P. Morgan Asset Management and an affiliate of Upper Bay Infrastructure Partners have entered into a joint venture that will provide equity capital for 8minutenergy’s 10.7GW portfolio of utility PV and storage projects.This joint venture, along with investment from 8minutenergy CEO, Tom Buttgenbach, provides over US$200 million in capital commitments. 8minutenergy is wholly owned by Buttgenbach and his management team as of 6 December 2018. Buttgenbach, who co-founded 8minutenergy in 2009, led a management buyout of the shares of fellow co-founder Martin Hermann last week.Buttgenbach noted: “We thank J.P. Morgan and Upper Bay for bringing the long-term focus and financial resources to enable us to unleash the full potential of our pipeline and incredibly talented team.“We have been the largest and most successful solar developer in California, and have expanded our cost leadership across the US, developing a solar and storage project pipeline of 10.7GW. A testament to our low-cost leadership is the 420MW Eagle Shadow Mountain Solar plant in Nevada, which at 2.3 cents/kWh fixed for 25 years, holds the record for lowest-price solar PPA in the nation. In Texas, which is a purely price-driven competitive market, we will start construction of our 280MW Holstein 1 power plant in the second quarter of 2019.”Michael Lehman, managing director and portfolio manager of J.P. Morgan Asset Management, said: “We’ve been very impressed with the 8minutenergy team and their ability to deliver sustainable returns through their utility-scale solar projects. 8minutenergy has a premier development process that consistently delivers attractive solar projects with long-term, contracted cash flows.”More: JP Morgan buys into 10.7GW solar-plus-storage pipelinelast_img read more

Creditors, workers challenge Mission Coal bankruptcy bonuses for top brass

first_imgCreditors, workers challenge Mission Coal bankruptcy bonuses for top brass FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Unsecured creditors and the unionized workforce of Mission Coal Co. LLC filed objections to two incentive programs the company proposed to retain employees during its bankruptcy sale process. Mission Coal asked the U.S. Bankruptcy Court for the Northern District of Alabama to approve two plans on Nov. 28: a key employee incentive plan, or KEIP, and a key employee retention plan, or KERP. The KERP is a $1.1 million proposed incentive program that Mission said is designed specifically to retain 40 “critical non-insider employees” through the reorganization, while the KEIP provides up to $281,875, depending on certain sales metrics, to encourage two senior members of management to meet “challenging sale-related process and pricing goals.”A committee of Mission’s unsecured creditors wrote in a Dec. 12 filing that they do not object to the broader KERP program, but do object to KEIP bonuses they said are unnecessary and duplicative of pre-petition bonuses that were paid to the same two executives on the eve of the company’s bankruptcy. Just two days before the petition date, the unsecured creditors wrote, Mission doled out $1.5 million in bonuses to three top executives, including the two who would benefit from the new program: Gary Broadbent, the general counsel and vice president of human resources, and Vice President of Accounting Alan Jones. “The proposed KEIP does not properly incentivize the debtors’ executives to achieve significant value-enhancing performance during the pendency of these Chapter 11 cases,” attorneys for the unsecured creditors wrote. “Moreover, the proposal to reward two executives who each received payments of $365,000 a mere two days before the petition date is unseemly, at best.”The United Mine Workers of America, or UMWA, the union representing some of those employees, said it was not consulted in the design of the retention plans and urged the rejection of both of the proposed programs.More: ($) Mission Coal sees backlash from workers, creditors over incentive programslast_img read more