- Associated Press - Thursday, August 7, 2014

WAITSFIELD, Vt. (AP) — A new program is aimed at helping Vermont’s largest manufacturers reduce their energy costs.

Gov. Peter Shumlin said Thursday that the program, called “Efficiency Vermont,” will help 19 manufacturers reduce their peak electric loads. Last year, peak demand charges accounted for 26 percent of annual electric costs for those manufacturers. The goal is to reduce those costs by 10 percent.

The program, which expects to invest $2 million, will offer customized analysis of energy use through smart-meta data and other tools, and assistance implementing stops to minimize peak demand.

The announcement was made at Cabot Creamery Cooperative in Waitsfield, one of the manufacturers taking part in the program.

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