Ep. 162: Mary Powell, Clean Energy Leader & Former CEO of Green Mountain Power

Today's guest is Mary Powell, Clean Energy Leader & Former CEO of Green Mountain Power. Green Mountain Power is an energy transformation company providing power and innovative products and services to three-quarters of Vermont and the first utility in the world to become a B-Corp. Mary's career started at a fast-growing market fund. She stayed for eight years, during which time the $200 million fund grew into $3.5 billion. Her first Vermont job was as the human resources director for the state's Department of Personnel. Mary served as director under three gubernatorial administrations. Famously rejecting the position three times, in 2008, Mary assumed the role of CEO at Green Mountain Power. In 2012, Mary combined two utilities (Green Mountain Power & Central Vermont Public Service). Then she introduced Vermonters to heat pumps and the Powerwall storage battery. Mary significantly reduced Vermont's carbon footprint. She created the first B-Corp utility in the country, committing to the use of business as a force for good. In 2019 she was voted the best utility executive in the United States. Mary is the Chair of The Solar Foundation and sits on the Board of Directors for the Rocky Mountain Institute, Vermont Mutual Insurance Company, Sunrun, Energir, and Hawaii Electric. Mary is an exceptional guest and someone I've been looking for to interviewing. Mary dives into Green Mountain Power, the work she did the transform Vermont's utility, and the role utilities play in the clean energy transition. We also discuss where government regulation fits in, the effectiveness of pricing carbon, and what we can do to accelerate just and equity clean energy adoption. This discussion is a must-listen. Enjoy the show! You can find me on twitter @jjacobs22 or @mcjpod and email at [email protected], where I encourage you to share your feedback on episodes and suggestions for future topics or guests. Episode recorded June 8th, 2021