Being a B Corp also Benefits Green Mountain Power’s Bottom Line

Date: 26 Jun 2018 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

Conventional wisdom suggests that concerns about social and environmental impacts, though well-intended, can distract from a public company’s legal obligation to reward shareholders. But if this conventional wisdom were true, Vermont’s Green Mountain Power ought to be lagging behind its investor-owned electric utility peers. Instead, this certified B Corp is promoting people, planet, and profit, and jumping ahead of its utility industry peers. … Read More

What if…Your Electric Utility Was a Benefit Corporation?

Date: 21 Jul 2016 | posted in: Energy, Energy Self Reliant States | 0 Facebooktwitterredditmail

The misunderstandings that from time to time occur between communities and the managers of electric-lighting companies will, to my mind, disappear entirely if the relations between the two are correctly founded on the basis of public control, with corresponding protection … Read More