• Green Mountain Power (GMP) and Central Vermont Public Service got a go-ahead from state regulators on Friday.
• The companies say their deal will save their customers $144 million in its first decade.
• The new company, a subsidiary of the Canadian utility Gaz Metro, will use the GMP name.

From the article: "... 'This once-in-a-lifetime opportunity will save customers money and create additional significant benefits to customers of both utilities,' said Mary Powell, president and CEO of GMP, in a statement."