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Green Mountain Power (GMP) rates

Peak hours on GMP Rate 11: 1 pm–9 pm, on weekdays, all year. GMP has 2 residential plans modeled here. For a typical Vermont home using 590 kWh a month, the cheapest plan open to any household is Rate 11, at about $173 a month.

Investor-owned 227,727 residential customers (EIA-861, 2025) Tariffs checked November 12, 2026

Typical all-in priceRate 11

29.3¢/kWh
Rate 01$173/mo
Rate 11$173/mo

Residential plans

PlanTypeFixed/moJuly pricesJanuary pricesJuly weekday windows
Rate 01
Residential Service
Flat $23.12 25.4¢ all hours 25.4¢ all hours None
Rate 11
Optional Residential Time of Day
Time-of-use $30.20 Off-peak 17.6¢ · Peak 39.8¢ Off-peak 17.6¢ · Peak 39.8¢ Peak 1 pm–9 pm

Rate 11: price by hour

July weekday. Same pricing all year.

Off-peakPeak
17.6¢39.8¢17.6¢12a3a6a9a12p3p6p9p12a

GMP peak and off-peak hours

What are GMP’s peak hours?

It depends on the plan. Rate 11: Peak 1 pm–9 pm, on weekdays, all year; weekends: off-peak all day. Hours are local clock time.

When is electricity cheapest on GMP?

On summer weekdays the lowest price is Rate 11: 9 pm–1 pm next day at 17.6¢/kWh, against 39.8¢ at the peak. Rate 01 charges the same price at every hour.

Which GMP plan is cheapest?

For a typical Vermont home using 590 kWh a month, Rate 11 at about $173 a month (29.3¢/kWh all-in, before taxes). With an EV charged at its cheapest hour, Rate 11 gives the lowest total.

Peak and off-peak hours of every utility

Charging an EV on GMP

1,000 miles a month in a Tesla Model Y Long Range AWD (275 kWh from the wall, EPA 27.5 kWh/100 mi) at 7.2 kW, added to a typical Vermont home’s use, on each plan’s cheapest start hour versus plugging in at 6 pm. Averaged over the year.

PlanBest startCharging, best startCharging from 6 pmWhole bill with EV
Rate 01Any$70/mo$70/mo$243/mo
Rate 1112 am$48/mo$92/mo$221/mo

With an EV charged at its best hour, the cheapest plan overall is Rate 11. Compare plans on your own usage.

Cost to charge each EV on GMP Rate 11

1,000 miles a month at 7.2 kW, starting at 12 am, the plan’s cheapest hour, added to a typical Vermont home’s bill. Full charge: the EPA range, at the plan’s lowest price (17.6¢/kWh). EPA efficiency, from the wall.

ModelkWh/100 mi1,000 mi a monthFull charge
Lucid Air Pure (2027)23.1$41/mo$17.04
Tesla Model Y Standard RWD (2026)24.3$43/mo$13.70
Tesla Model 3 Standard RWD (2026)24.3$43/mo$13.70
Toyota bZ (2027)25.5$45/mo$14.06
Tesla Model 3 Premium RWD (2027)26$46/mo$16.58
Hyundai Ioniq 6 RWD (2025)26$46/mo$15.62
Tesla Model S (2026)27.1$48/mo$19.52
Tesla Model Y Long Range AWD (2026)27.5$48/mo$15.80
Nissan Leaf 75 kWh (2026)27.8$49/mo$14.80
Chevrolet Bolt (2027)28.2$50/mo$12.98
BMW i4 eDrive40 (2026)28.5$50/mo$16.67
Kia EV3 Long Range FWD (2027)29$51/mo$16.35
Volvo EX30 Single Motor (2026)29.2$51/mo$13.39
Kia EV6 Long Range RWD (2027)29.6$52/mo$16.59
Volkswagen ID.4 (2026)29.8$52/mo$15.23
Hyundai Ioniq 5 RWD (2027)30$53/mo$16.76
Ford Mustang Mach-E RWD Extended Range (2026)30.7$54/mo$17.26
Chevrolet Equinox EV FWD (2027)31.1$55/mo$17.43
Tesla Model X (2026)32.2$57/mo$19.91
Chevrolet Blazer EV FWD (2027)32.3$57/mo$17.70
Honda Prologue FWD (2026)32.5$57/mo$17.58
Nissan Ariya FWD 87 kWh (2026)34.4$60/mo$17.46
Cadillac Lyriq RWD (2027)36.8$65/mo$21.07
Hyundai Ioniq 9 AWD (2027)38$67/mo$21.36
Kia EV9 Long Range RWD (2027)38$67/mo$20.36
Tesla Cybertruck AWD (2026)42.9$75/mo$24.49
Rivian R1S Premium (2027)42.9$75/mo$22.61
Rivian R1T Premium (2027)42.9$75/mo$22.61
Chevrolet Silverado EV Extended Range WT (2026)47.8$84/mo$35.60
Ford F-150 Lightning Extended Range (2025)47.9$84/mo$26.92

How GMP’s plans work

Rate 01 (Residential Service). One price per kWh at every hour, all year: 25.4¢. Shifting use to other hours changes nothing on this plan; using less is the only lever. Fixed charge: $23.12 a month.

Rate 11 (Optional Residential Time of Day). Peak 1 pm–9 pm on July weekdays; 8 of 24 hours carry the top price of 39.8¢. The cheapest July weekday hour costs 17.6¢, so moving 1 kWh out of the top hours saves 22.2¢. January weekdays range from 17.6¢ to 39.8¢. Weekends differ: off-peak all day. Fixed charge: $30.20 a month.

Prices on this page are all-in per kWh, before taxes: base rates, supply and every per-kWh rider in the utility’s current tariff sheets. Your bill shows them as separate lines, and riders can change between tariff revisions.

As a cross-check, GMP billed its residential customers an average of 23.29¢ per kWh in 2025 (revenue ÷ sales, EIA-861). A plan taken from URDB is shown only if its all-in price is consistent with that figure, adjusted for Vermont’s price change since.

Sources for each plan

PlanEffectiveSeasonsSolar exportsSource and status
Rate 01
Transcribed from the utility’s tariff
October 1, 2026 Same pricing all year Net Metering Checked September 28, 2026
GMP Rate 1 Residential Service, effective with bills rendered on or after Oct 1, 2026 · GMP Rate 11 Residential Time-of-Use, effective with bills rendered on or after Oct 1, 2026 · GMP Alternative Regulation Plan Record of Filings, eff. Oct 1, 2026 (Rate Plan and Storm Adjustments 7.63%) · GMP Residential Electric Assistance Program Rider, eff. Oct 1, 2026 (EAP fee) · Efficiency Vermont Summary of 2026 Energy Efficiency Charges (effective 2/1/26), as posted by Vermont Electric Cooperative · GMP FY27 Rate Filing Schedules (Rev. May 27, 2026), Schedule G: Major Storm Restoration Fund ceases Sept 30, 2026 · GMP Sample Energy Statement, archived copy (shows how the percent adjustor and EEC are billed) · GMP Rate & Regulation Plan Filings page (Oct 1, 2026 compliance tariffs)
Rate 11
Transcribed from the utility’s tariff
October 1, 2026 Same pricing all year Net Metering Checked September 28, 2026
GMP Rate 1 Residential Service, effective with bills rendered on or after Oct 1, 2026 · GMP Rate 11 Residential Time-of-Use, effective with bills rendered on or after Oct 1, 2026 · GMP Alternative Regulation Plan Record of Filings, eff. Oct 1, 2026 (Rate Plan and Storm Adjustments 7.63%) · GMP Residential Electric Assistance Program Rider, eff. Oct 1, 2026 (EAP fee) · Efficiency Vermont Summary of 2026 Energy Efficiency Charges (effective 2/1/26), as posted by Vermont Electric Cooperative · GMP FY27 Rate Filing Schedules (Rev. May 27, 2026), Schedule G: Major Storm Restoration Fund ceases Sept 30, 2026 · GMP Sample Energy Statement, archived copy (shows how the percent adjustor and EEC are billed) · GMP Rate & Regulation Plan Filings page (Oct 1, 2026 compliance tariffs)

Plans marked “Checked” were transcribed from the utility’s current tariff and rider sheets, all charges included, and are re-checked on the date shown in each file. Other plans come from the OpenEI U.S. Utility Rate Database (CC BY 4.0) and have not yet been checked line by line against the utility’s tariff. Always confirm the current rates on your utility’s website before switching plans.

Compare two GMP plans

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