Central Vermont Public Service Books 4Q Loss

RUTLAND, Vt. (AP) — Central Vermont Public Service Corp., Vermont's largest electric utility, said Friday that it booked a small fourth-quarter loss as revenue fell due to planned nuclear refueling outages and lower retail volumes.

For the quarter ended Dec. 31, 2008, Central Vermont booked a loss of $97,000, or 1 cent per share, after paying preferred dividends. In the prior year, the utility recorded a profit of $5.2 million, or 50 cents per share, also after preferred dividends.

Revenue fell 4 percent to $82.7 million, from $85.9 million in the fourth quarter of 2007. ...