VPPSA offers our members a wide range of financial services and support. This includes accounting support, financial statement setup and review, budgeting assistance, and preparation of financial filings (such as Section 108c filings).
As an instrumentality of the State of Vermont, VPPSA is a governmental agency and therefore, bonds or notes issued by VPPSA are exempt from taxation (subject to IRS rules). This allows the authority to finance projects that benefit our members and provides us with the ability to finance purchases of membership units in Vermont Transco for the benefit of our Members. By using the joint action approach, our members receive the economies of scale that would not otherwise be available to them individually.