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| UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.   20549 FORM 10-Q |
|-------------------------------------------------------------------------------------------------------|

| (Mark One) |                                                                                                                                                                                                                                                                          |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| x          | QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the quarterly period ended    March 31, 2011                                                                                                |
| or    |
| ¨     | TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period from             to             |

| Commission file number 1-8222 Central Vermont Public Service Corporation(Exact name of registrant as specified in its charter) |
|-------------------------------------------------------------------------------------------------------------------------------------|

| Vermont(State or other jurisdiction ofincorporation or organization)                  | 03-0111290(IRS EmployerIdentification No.)  |
|---------------------------------------------------------------------------------------|--------------------------------------------------|
| 77 Grove Street, Rutland, Vermont(Address of principal executive offices)             | 05701(Zip Code)                             |
| Registrant's telephone number, including area code (800) 649-2877                |
| N/A(Former name, former address and former fiscal year, if changed since last report) |

| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ¨ No ¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer", "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.  |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Large accelerated filer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | ¨ |   | Accelerated filer |   |   | x |   |
| Non-accelerated filer                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | ¨ (Do not check if a smaller reporting company) |   | Smaller reporting company |   |   | ¨ |   |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. As of April 29, 2011 there were outstanding 13,397,982 shares of Common Stock, $6 Par Value.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |

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| CENTRAL VERMONT PUBLIC SERVICE CORPORATION      |
|-------------------------------------------------|
| Form 10-Q for Period Ended March 31, 2011       |
|                                            |
| Table of Contents                               |
|                                            |
| PART I.   Financial Information: |   |   |
|                                            |   |   |   |   |   | Page |
|                                            | Item 1. | Financial Statements |   |   |
|                                            |   |   | Unaudited Condensed Consolidated Statements of Income |   | 4 |
|                                            |   |   | Unaudited Condensed Consolidated Statements of Comprehensive Income |   | 5 |
|                                            |   |   | Unaudited Condensed Consolidated Statements of Cash Flows |   | 6 |
|                                            |   |   | Unaudited Condensed Consolidated Balance Sheets |   | 7 |
|                                            |   |   | Unaudited Condensed Consolidated Statement of Changes in Common Stock Equity |   | 9 |
|                                            |   |   | Notes to Unaudited Condensed Consolidated Financial Statements |   | 10 |
|                                            |   |   |   |   |   |   |
|                                            | Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 33 |
|                                            |   |   |   |   |   |   |
|                                            | Item 3. | Quantitative and Qualitative Disclosures about Market Risk |   | 46 |
|                                            |   |   |   |   |   |   |
|                                            | Item 4. | Controls and Procedures |   | 47 |
|                                            |   |   |   |   |   |   |
| PART II.   Other Information:    |   |   |
|                                            |   |   |   |   |   |   |
|                                            | Item 1. | Legal Proceedings |   | 48 |
|                                            |   |   |   |   |   |   |
|                                            | Item 1A. | Risk Factors |   | 48 |
|                                            |   |   |   |   |   |   |
|                                            | Item 6. | Exhibits |   |   | 48 |
|                                            |   |   |   |   |   |
| SIGNATURES                                      |   |   |   | 49 |

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| Current or former CVPS Companies, Segments or Investments |
|-----------------------------------------------------------|
| CRC                                                       | Catamount Resources Corporation |
| Custom                                                    | Custom Investment Corporation |
| CV or CVPS                                                | Central Vermont Public Service Corporation |
| East Barnet                                               | Central Vermont Public Service Corporation - East Barnet Hydroelectric, Inc. |
| Transco                                                   | Vermont Transco LLC |
| VELCO                                                     | Vermont Electric Power Company, Inc. |
| VETCO                                                     | Vermont Electric Transmission Company, Inc. |
| VYNPC                                                     | Vermont Yankee Nuclear Power Corporation |
|                                                      |   |
| Regulatory and Other Authorities                          |
| DOE                                                       | United States Department of Energy |
| DPS                                                       | Vermont Department of Public Service |
| EPA                                                       | Environmental Protection Agency |
| FERC                                                      | Federal Energy Regulatory Commission |
| IRS                                                       | Internal Revenue Service |
| NRC                                                       | Nuclear Regulatory Commission |
| PSB                                                       | Vermont Public Service Board |
| SEC                                                       | Securities and Exchange Commission |
| VANR                                                      | Vermont Agency of Natural Resources |
|                                                      |   |
| Other                                                     |
| AFUDC                                                     | Allowance for funds used during construction |
| AOCL                                                      | Accumulated other comprehensive loss |
| ARP MOU                                                   | Memorandum of Understanding with the DPS on the Alternative Regulation II Plan |
| ARRA                                                      | American Recovery and Reinvestment Act |
| CDA                                                       | Connecticut Development Authority Bonds |
| Connecticut Yankee                                        | Connecticut Yankee Atomic Power Company |
| CVPS SmartPower®                                     | CV’s “smart grid” program designed to modernize and automate the electrical grid, provide automated meter reading, and empower consumers to make better energy choices. The plan includes two-way communications systems and strategies to introduce new rate designs, including dynamic pricing and demand response programs. |
| CVPS SmartPower® MOU                                 | Memorandum of Understanding with the DPS on CVPS SmartPower® |
| DNC                                                       | Dominion Nuclear Connecticut |
| Dodd-Frank Act                                            | Dodd-Frank Wall Street Reform and Consumer Protection Act |
| DUP                                                       | Vermont's Distributed Utility Planning |
| EEI                                                       | Edison Electric Institute |
| EEU                                                       | Vermont Energy Efficiency Utility |
| Entergy                                                   | Entergy Corporation |
| Entergy-Vermont Yankee                                    | Entergy Nuclear Vermont Yankee, LLC |
| EPACT                                                     | Federal Energy Policy Act of 2005 |
| EPS                                                       | Earnings per share |
| ERM                                                       | Enterprise Risk Management |
| ESAM                                                      | Earnings sharing adjustment mechanism |
| FASB                                                      | Financial Accounting Standards Board |
| FCM                                                       | Forward Capacity Market |
| FTRs                                                      | Financial Transmission Rights |
| GMP                                                       | Green Mountain Power Corporation |

----

| HQUS PPA           | Long-term power purchase and sale agreement with H.Q. Energy Services (U.S) Inc. |
|--------------------|----------------------------------------------------------------------------------|
| IASB               | International Accounting Standards Board                                         |
| IFRS               | International financial reporting standards                                      |
| IPPs               | Independent Power Producers                                                      |
| ISO-NE             | New England Independent System Operator                                          |
| kWh                | Kilowatt-hours                                                                   |
| Maine Yankee       | Maine Yankee Atomic Power Company                                                |
| Moody's            | Moody's Investors Service                                                        |
| MOU                | Memorandum of Understanding                                                      |
| MW                 | Megawatt                                                                         |
| MWh                | Megawatt-hours                                                                   |
| NOATT              | NEPOOL Open Access Transmission Tariff                                           |
| NYSE               | New York Stock Exchange                                                          |
| OASIS              | Open Access Same-time Information System                                         |
| Omnibus Stock Plan | Central Vermont Public Service Corporation Omnibus Stock Plan                    |
| PCAM               | Power supply and transmission-by-others cost adjustment mechanism                |
| PCB                | Polychlorinated biphenyl contamination                                           |
| Pension Plan       | A qualified, non-contributory, defined-benefit pension plan                      |
| Phase I            | Hydro-Québec  Phase I                                             |
| Phase II           | Hydro-Québec  Phase II                                            |
| PPA                | Purchased power contract                                                         |
| PPACA              | The Federal Patient Protection and Affordable Care Act                           |
| PSNH               | Public Service Company of New Hampshire                                          |
| PTF                | Pool Transmission Facility                                                       |
| Readsboro          | Readsboro Electric Department                                                    |
| ROA                | Return on Assets                                                                 |
| ROE                | Return on Equity                                                                 |
| RTO                | Regional Transmission Organization                                               |
| SERP               | Officers' Supplemental Retirement Plan                                           |
| SMD                | Standard Market Design                                                           |
| SPEED              | Sustainably Priced Energy Development Program for Vermont Utilities              |
| Staffing MOU       | Memorandum of Understanding with the DPS to review staffing level                |
| TbyO               | Transmission by Others costs                                                     |
| The Exchange Act   | Securities and Exchange Act of 1934                                              |
| TPH                | Total petroleum hydrocarbons                                                     |
| TSR                | Total Shareholder Return                                                         |
| U.S. GAAP          | Generally Accepted Accounting Principles in the United States of America         |
| VEDA               | Vermont Economic Development Authority                                           |
| Vermont Marble     | Vermont Marble Power Division of Omya Industries, Inc.                           |
| VIDA               | Vermont Industrial Development Authority Bonds                                   |
| VJO                | Vermont Joint Owners                                                             |
| VPPSA              | Vermont Public Power Supply Authority                                            |
| VTA                | Vermont Transmission Agreement (1991)                                            |
| VY PPA             | Purchased power contract between VYNPC and Entergy-Vermont Yankee                |
| Yankee Atomic      | Yankee Atomic Electric Company                                                   |

----

| CENTRAL VERMONT PUBLIC SERVICE CORPORATION           |   |
|------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME          |   |
| (dollars in thousands, except per share data)        |   |
| (unaudited)                                          |   |
|                                                 |   | Three months ended March 31 |   |
|                                                 |   | 2011 |   |   | 2010 |   |
| Operating Revenues                                   |   | $ | 97,085 |   |   | $ | 91,007 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Operating Expenses                                   |   |   |   |   |   |   |   |   |
| Purchased Power - affiliates                         |   |   | 17,411 |   |   |   | 16,558 |   |
| Purchased Power                                      |   |   | 23,941 |   |   |   | 25,160 |   |
| Production                                           |   |   | 3,144 |   |   |   | 2,956 |   |
| Transmission - affiliates                            |   |   | 2,257 |   |   |   | 1,386 |   |
| Transmission - other                                 |   |   | 7,104 |   |   |   | 7,187 |   |
| Other operation                                      |   |   | 18,594 |   |   |   | 15,846 |   |
| Maintenance                                          |   |   | 5,707 |   |   |   | 7,726 |   |
| Depreciation                                         |   |   | 4,485 |   |   |   | 4,352 |   |
| Taxes other than income                              |   |   | 4,657 |   |   |   | 4,743 |   |
| Income tax expense                                   |   |   | 2,857 |   |   |   | 1,838 |   |
| Total Operating Expenses                             |   |   | 90,157 |   |   |   | 87,752 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Utility Operating Income                             |   |   | 6,928 |   |   |   | 3,255 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Other Income                                         |   |   |   |   |   |   |   |   |
| Equity in earnings of affiliates                     |   |   | 6,941 |   |   |   | 5,395 |   |
| Allowance for equity funds during construction       |   |   | 56 |   |   |   | 3 |   |
| Other income                                         |   |   | 703 |   |   |   | 712 |   |
| Other deductions                                     |   |   | (654 | ) |   |   | (679 | ) |
| Income tax expense                                   |   |   | (2,302 | ) |   |   | (1,589 | ) |
| Total Other Income                                   |   |   | 4,744 |   |   |   | 3,842 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Interest Expense                                     |   |   |   |   |   |   |   |   |
| Interest on long-term debt                           |   |   | 3,144 |   |   |   | 2,786 |   |
| Other interest                                       |   |   | 129 |   |   |   | 111 |   |
| Allowance for borrowed funds during construction     |   |   | (26 | ) |   |   | (2 | ) |
| Total Interest Expense                               |   |   | 3,247 |   |   |   | 2,895 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Net Income                                           |   |   | 8,425 |   |   |   | 4,202 |   |
| Dividends declared on preferred stock                |   |   | 92 |   |   |   | 92 |   |
| Earnings available for common stock                  |   | $ | 8,333 |   |   | $ | 4,110 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Per Common Share Data:                               |   |   |   |   |   |   |   |   |
| Basic earnings per share                             |   | $ | 0.62 |   |   | $ | 0.35 |   |
| Diluted earnings per share                           |   | $ | 0.62 |   |   | $ | 0.35 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Average shares of common stock outstanding - basic   |   |   | 13,353,973 |   |   |   | 11,725,484 |   |
| Average shares of common stock outstanding - diluted |   |   | 13,406,926 |   |   |   | 11,756,303 |   |
|                                                 |   |   |   |   |   |   |   |   |
| Dividends declared per share of common stock         |   | $ | 0.46 |   |   | $ | 0.46 |   |

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| CENTRAL VERMONT PUBLIC SERVICE CORPORATION                                                                                                   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME                                                                                    |   |
| (dollars in thousands)                                                                                                                       |   |
| (unaudited)                                                                                                                                  |   |
|                                                                                                                                         |   | Three months ended March 31 |   |
|                                                                                                                                         |   |   |   |
|                                                                                                                                         |   | 2011 |   |   | 2010 |   |
|                                                                                                                                         |   |   |   |   |   |   |
| Net Income                                                                                                                                   |   | $ | 8,425 |   |   | $ | 4,202 |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |
| Other comprehensive income, net of tax:                                                                                                      |   |   |   |   |   |   |   |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |
| Defined benefit pension and postretirement medical plans:                                                                                    |   |   |   |   |   |   |   |   |
| Portion reclassified through amortizations, included in benefit costs and       recognized in net income: |   |   |   |   |   |   |   |   |
|   Actuarial losses, net of income taxes of $65 and $0                                                                              |   |   | 95 |   |   |   | 0 |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |
|    Change in funded status of pension, postretirement medical                                                                 |   |   |   |   |   |   |   |   |
|       and other benefit plans, net of income taxes of $26 and $0                                               |   |   | 38 |   |   |   | 0 |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |
| Comprehensive income adjustments                                                                                                             |   |   | 133 |   |   |   | 0 |   |
|                                                                                                                                         |   |   |   |   |   |   |   |   |
| Total comprehensive income                                                                                                                   |   | $ | 8,558 |   |   | $ | 4,202 |   |

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| CENTRAL VERMONT PUBLIC SERVICE CORPORATION                                        |   |
|-----------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS                                   |   |
| (dollars in thousands)                                                            |   |
| (unaudited)                                                                       |   |
|                                                                              |   | Three months ended March 31 |   |
| Cash flows provided (used) by:                                                    |   | 2011 |   |   | 2010 |   |
| OPERATING ACTIVITIES                                                              |   |   |   |   |   |   |
| Net income                                                                        |   | $ | 8,425 |   |   | $ | 4,202 |   |
| Adjustments to reconcile net income to net cash provided by operating activities: |   |   |   |   |   |   |   |   |
| Equity in earnings of affiliates                                                  |   |   | (6,941 | ) |   |   | (5,395 | ) |
| Distributions received from affiliates                                            |   |   | 3,562 |   |   |   | 2,689 |   |
| Depreciation                                                                      |   |   | 4,485 |   |   |   | 4,352 |   |
| Deferred income taxes and investment tax credits                                  |   |   | 2,057 |   |   |   | 848 |   |
| Regulatory and other amortization, net                                            |   |   | 4,104 |   |   |   | 1,129 |   |
| Non-cash employee benefit plan costs                                              |   |   | 1,761 |   |   |   | 1,576 |   |
| Other non-cash expense and (income), net                                          |   |   | (2,833 | ) |   |   | 421 |   |
| Changes in assets and liabilities:                                                |   |   |   |   |   |   |   |   |
| Decrease in accounts receivable and unbilled revenues                             |   |   | 6,584 |   |   |   | 1,697 |   |
| Increase in accounts payable                                                      |   |   | 599 |   |   |   | 86 |   |
| Change in prepaid and accrued income taxes                                        |   |   | 14,349 |   |   |   | 10,791 |   |
| Increase in other current assets                                                  |   |   | (803 | ) |   |   | (3,066 | ) |
| Decrease in special deposits and restricted cash for power collateral             |   |   | 0 |   |   |   | 5,370 |   |
| Employee benefit plan funding                                                     |   |   | (8 | ) |   |   | (76 | ) |
| (Decrease) increase in other current liabilities                                  |   |   | (3,032 | ) |   |   | 162 |   |
| Decrease in other long-term assets and liabilities and other                      |   |   | 73 |   |   |   | 156 |   |
| Net cash provided by operating activities                                         |   |   | 32,382 |   |   |   | 24,942 |   |
| INVESTING ACTIVITIES                                                              |   |   |   |   |   |   |   |   |
| Construction and plant expenditures                                               |   |   | (10,004 | ) |   |   | (5,751 | ) |
| Reimbursements of restricted cash - project fund investments                      |   |   | 7,004 |   |   |   | 0 |   |
| Project reimbursement from DOE                                                    |   |   | 375 |   |   |   | 0 |   |
| Investments in available-for-sale securities                                      |   |   | (345 | ) |   |   | (543 | ) |
| Proceeds from sale of available-for-sale securities                               |   |   | 300 |   |   |   | 464 |   |
| Other investing activities                                                        |   |   | (154 | ) |   |   | (177 | ) |
| Net cash used for investing activities                                            |   |   | (2,824 | ) |   |   | (6,007 | ) |
| FINANCING ACTIVITIES                                                              |   |   |   |   |   |   |   |   |
| Net proceeds from the issuance of common stock                                    |   |   | 361 |   |   |   | 715 |   |
| Decrease in special deposits for preferred stock mandatory redemption             |   |   | 0 |   |   |   | 1,000 |   |
| Retirement of preferred stock subject to mandatory redemption                     |   |   | 0 |   |   |   | (1,000 | ) |
| Common and preferred dividends paid                                               |   |   | (3,161 | ) |   |   | (2,787 | ) |
| Proceeds from revolving credit facility and other short-term borrowings           |   |   | 11,384 |   |   |   | 45,255 |   |
| Repayments under revolving credit facility and other short-term borrowings        |   |   | (25,079 | ) |   |   | (58,633 | ) |
| Common stock offering and debt issue costs                                        |   |   | (128 | ) |   |   | (98 | ) |
| Reduction in capital lease and other financing activities                         |   |   | (482 | ) |   |   | (318 | ) |
| Net cash used by financing activities                                             |   |   | (17,105 | ) |   |   | (15,866 | ) |
| Net increase in cash and cash equivalents                                         |   |   | 12,453 |   |   |   | 3,069 |   |
| Cash and cash equivalents at beginning of the period                              |   |   | 2,676 |   |   |   | 2,069 |   |
| Cash and cash equivalents at end of the period                                    |   | $ | 15,129 |   |   | $ | 5,138 |   |

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| CENTRAL VERMONT PUBLIC SERVICE CORPORATION                                                                                            |   |
|---------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                                                                                 |   |
| (dollars in thousands, except share data)                                                                                             |   |
|                                                                                                                                  |   |
|                                                                                                                                  |   | March 31, 2011 |   |   | December 31, 2010 |   |
|                                                                                                                                  |   | (unaudited) |   |   |   |   |
| ASSETS                                                                                                                                |   |   |   |   |   |   |
| Utility plant                                                                                                                         |   |   |   |   |   |   |
| Utility plant, at original cost                                                                                                       |   | $ | 622,063 |   |   | $ | 611,746 |   |
| Less accumulated depreciation                                                                                                         |   |   | 269,439 |   |   |   | 266,649 |   |
| Utility plant, at original cost, net of accumulated depreciation                                                                      |   |   | 352,624 |   |   |   | 345,097 |   |
| Property under capital leases, net                                                                                                    |   |   | 4,183 |   |   |   | 4,425 |   |
| Construction work-in-progress                                                                                                         |   |   | 15,509 |   |   |   | 20,234 |   |
| Nuclear fuel, net                                                                                                                     |   |   | 2,070 |   |   |   | 1,737 |   |
| Total utility plant, net                                                                                                              |   |   | 374,386 |   |   |   | 371,493 |   |
|                                                                                                                                  |   |   |   |   |   |   |   |   |
| Investments and other assets                                                                                                          |   |   |   |   |   |   |   |   |
| Investments in affiliates                                                                                                             |   |   | 174,893 |   |   |   | 171,514 |   |
| Non-utility property, less accumulated depreciation     ($3,186 in 2011 and $3,164 in 2010)                  |   |   | 2,194 |   |   |   | 2,196 |   |
| Millstone decommissioning trust fund                                                                                                  |   |   | 6,006 |   |   |   | 5,742 |   |
| Restricted cash                                                                                                                       |   |   | 14,403 |   |   |   | 17,581 |   |
| Other                                                                                                                                 |   |   | 7,212 |   |   |   | 7,013 |   |
| Total investments and other assets                                                                                                    |   |   | 204,708 |   |   |   | 204,046 |   |
|                                                                                                                                  |   |   |   |   |   |   |   |   |
| Current assets                                                                                                                        |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                                             |   |   | 15,129 |   |   |   | 2,676 |   |
| Restricted cash                                                                                                                       |   |   | 2,093 |   |   |   | 5,903 |   |
| Special deposits                                                                                                                      |   |   | 6 |   |   |   | 6 |   |
| Accounts receivable, less allowance for uncollectible accounts      ($2,841 in 2011 and $2,649 in 2010) |   |   | 24,976 |   |   |   | 28,552 |   |
| Accounts receivable - affiliates, less allowance for uncollectible accounts                                                      |   |   | 134 |   |   |   | 314 |   |
| Unbilled revenues                                                                                                                     |   |   | 17,463 |   |   |   | 21,003 |   |
| Materials and supplies, at average cost                                                                                               |   |   | 6,692 |   |   |   | 7,159 |   |
| Prepayments                                                                                                                           |   |   | 6,492 |   |   |   | 15,862 |   |
| Deferred income taxes                                                                                                                 |   |   | 3,642 |   |   |   | 4,501 |   |
| Power-related derivatives                                                                                                             |   |   | 81 |   |   |   | 28 |   |
| Regulatory assets                                                                                                                     |   |   | 2,281 |   |   |   | 1,924 |   |
| Other deferred charges - regulatory                                                                                                   |   |   | 0 |   |   |   | 2,078 |   |
| Other deferred charges and other assets                                                                                               |   |   | 470 |   |   |   | 0 |   |
| Other current assets                                                                                                                  |   |   | 1,017 |   |   |   | 1,114 |   |
| Total current assets                                                                                                                  |   |   | 80,476 |   |   |   | 91,120 |   |
|                                                                                                                                  |   |   |   |   |   |   |   |   |
| Deferred charges and other assets                                                                                                     |   |   |   |   |   |   |   |   |
| Regulatory assets                                                                                                                     |   |   | 37,433 |   |   |   | 38,552 |   |
| Other deferred charges - regulatory                                                                                                   |   |   | 457 |   |   |   | 2,260 |   |
| Other deferred charges and other assets                                                                                               |   |   | 2,556 |   |   |   | 3,275 |   |
| Total deferred charges and other assets                                                                                               |   |   | 40,446 |   |   |   | 44,087 |   |
|                                                                                                                                  |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                                                                                                          |   | $ | 700,016 |   |   | $ | 710,746 |   |

----

| CENTRAL VERMONT PUBLIC SERVICE CORPORATION                                                                                                                                                                                                               |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED BALANCE SHEETS                                                                                                                                                                                                                    |   |
| (dollars in thousands, except share data)                                                                                                                                                                                                                |   |
|                                                                                                                                                                                                                                                     |   |
|                                                                                                                                                                                                                                                     |   | March 31, 2011 |   |   | December 31, 2010 |   |
|                                                                                                                                                                                                                                                     |   | (unaudited) |   |   |   |   |
| CAPITALIZATION AND LIABILITIES                                                                                                                                                                                                                           |   |   |   |   |   |   |
| Capitalization                                                                                                                                                                                                                                           |   |   |   |   |   |   |
| Common stock, $6 par value, 19,000,000 shares authorized, 15,497,216     issued and 13,368,143 outstanding at March 31, 2011 and 15,470,217     issued and 13,341,144 outstanding at December 31, 2010 |   | $ | 92,983 |   |   | $ | 92,821 |   |
| Other paid-in capital                                                                                                                                                                                                                                    |   |   | 94,497 |   |   |   | 94,462 |   |
| Accumulated other comprehensive loss                                                                                                                                                                                                                     |   |   | (99 | ) |   |   | (232 | ) |
| Treasury stock, at cost, 2,129,073 shares at March 31, 2011 and     December 31, 2010                                                                                                                                           |   |   | (48,436 | ) |   |   | (48,436 | ) |
| Retained earnings                                                                                                                                                                                                                                        |   |   | 136,303 |   |   |   | 134,113 |   |
| Total common stock equity                                                                                                                                                                                                                                |   |   | 275,248 |   |   |   | 272,728 |   |
| Preferred and preference stock not subject to mandatory redemption                                                                                                                                                                                       |   |   | 8,054 |   |   |   | 8,054 |   |
| Long-term debt                                                                                                                                                                                                                                           |   |   | 188,300 |   |   |   | 188,300 |   |
| Capital lease obligations                                                                                                                                                                                                                                |   |   | 3,237 |   |   |   | 3,471 |   |
| Total capitalization                                                                                                                                                                                                                                     |   |   | 474,839 |   |   |   | 472,553 |   |
|                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Current liabilities                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Current portion of long-term debt                                                                                                                                                                                                                        |   |   | 20,000 |   |   |   | 20,000 |   |
| Accounts payable                                                                                                                                                                                                                                         |   |   | 8,223 |   |   |   | 8,137 |   |
| Accounts payable - affiliates                                                                                                                                                                                                                            |   |   | 11,260 |   |   |   | 11,835 |   |
| Notes payable                                                                                                                                                                                                                                            |   |   | 0 |   |   |   | 13,695 |   |
| Nuclear decommissioning costs                                                                                                                                                                                                                            |   |   | 1,468 |   |   |   | 1,438 |   |
| Other deferred credits - regulatory                                                                                                                                                                                                                      |   |   | 1,086 |   |   |   | 1,108 |   |
| Other current liabilities                                                                                                                                                                                                                                |   |   | 28,190 |   |   |   | 30,763 |   |
| Total current liabilities                                                                                                                                                                                                                                |   |   | 70,227 |   |   |   | 86,976 |   |
|                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Deferred credits and other liabilities                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |
| Deferred income taxes                                                                                                                                                                                                                                    |   |   | 83,819 |   |   |   | 82,406 |   |
| Deferred investment tax credits                                                                                                                                                                                                                          |   |   | 2,323 |   |   |   | 2,387 |   |
| Nuclear decommissioning costs                                                                                                                                                                                                                            |   |   | 4,998 |   |   |   | 5,383 |   |
| Asset retirement obligations                                                                                                                                                                                                                             |   |   | 3,676 |   |   |   | 3,609 |   |
| Accrued pension and benefit obligations                                                                                                                                                                                                                  |   |   | 31,606 |   |   |   | 32,441 |   |
| Other deferred credits - regulatory                                                                                                                                                                                                                      |   |   | 4,027 |   |   |   | 3,886 |   |
| Other deferred credits and other liabilities                                                                                                                                                                                                             |   |   | 24,501 |   |   |   | 21,105 |   |
| Total deferred credits and other liabilities                                                                                                                                                                                                             |   |   | 154,950 |   |   |   | 151,217 |   |
|                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Commitments and contingencies (Note 13)                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| TOTAL CAPITALIZATION AND LIABILITIES                                                                                                                                                                                                                     |   | $ | 700,016 |   |   | $ | 710,746 |   |

----

| CENTRAL VERMONT PUBLIC SERVICE CORPORATION                         |   |
|--------------------------------------------------------------------|--------|
| CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN COMMON STOCK EQUITY |   |
| (in thousands, except share data)                                  |   |
| (unaudited)                                                        |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   | Common Stock |   |   | Treasury Stock |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | Accumulated |   |   |   |   |   |   |   |
|                                                               |   |   |   |   |   |   |   |   |   |   |   |   |   | Other |   |   | Other |   |   |   |   |   |   |   |
|                                                               |   | Shares |   |   |   |   |   |   |   |   |   |   |   | Paid-in |   |   | Comprehensive |   |   | Retained |   |   |   |   |
|                                                               |   | Issued |   |   | Amount |   |   | Shares |   |   | Amount |   |   | Capital |   |   | Loss |   |   | Earnings |   |   | Total |   |
| Balance, December 31, 2010                                         |   |   | 15,470,217 |   |   | $ | 92,821 |   |   |   | (2,129,073 | ) |   | $ | (48,436 | ) |   | $ | 94,462 |   |   | $ | (232 | ) |   | $ | 134,113 |   |   | $ | 272,728 |   |
| Net income                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 8,425 |   |   |   | 8,425 |   |
| Other comprehensive income                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 133 |   |   |   |   |   |   |   | 133 |   |
| Common Stock Issuance, net of issuance costs                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 0 |   |
| Dividend reinvestment plan                                         |   |   | 16,313 |   |   |   | 98 |   |   |   |   |   |   |   |   |   |   |   | 263 |   |   |   |   |   |   |   |   |   |   |   | 361 |   |
| Stock options exercised                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 0 |   |
| Share-based compensation:                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common & nonvested shares                                      |   |   | 4,699 |   |   |   | 28 |   |   |   |   |   |   |   |   |   |   |   | (25 | ) |   |   |   |   |   |   |   |   |   |   | 3 |   |
| Performance share plans                                            |   |   | 5,987 |   |   |   | 36 |   |   |   |   |   |   |   |   |   |   |   | (207 | ) |   |   |   |   |   |   |   |   |   |   | (171 | ) |
| Dividends declared:                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common - $0.46 per share                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (6,143 | ) |   |   | (6,143 | ) |
| Cumulative non-redeemable preferred stock                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | (92 | ) |   |   | (92 | ) |
| Amortization of preferred stock issuance expense                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 4 |   |   |   |   |   |   |   |   |   |   |   | 4 |   |
| Gain (Loss) on capital stock                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 0 |   |
| Balance, March 31, 2011                                            |   |   | 15,497,216 |   |   | $ | 92,983 |   |   |   | (2,129,073 | ) |   | $ | (48,436 | ) |   | $ | 94,497 |   |   | $ | (99 | ) |   | $ | 136,303 |   |   | $ | 275,248 |   |

|                                             |   | Common Stock |       |   | Treasury Stock |   |   |   |   |   |      |   |   |    |    |   |          |   |
|--------------------------------------------------|--------|--------------|------------|--------|----------------|--------|--------|--------|--------|--------|-----------|--------|--------|---------|---------|--------|---------------|--------|
|                                             |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   | Accumulated   |   |   |   |   |   |   |   |
|                                             |   |         |       |   |           |   |   |   |   |   |      |   |   | Other   |    |   | Other         |   |   |   |   |   |   |   |
|                                             |   | Shares       |       |   |           |   |   |   |   |   |      |   |   | Paid-in |    |   | Comprehensive |   |   | Retained |   |   |   |   |
|                                             |   | Issued       |       |   | Amount         |   |   | Shares |   |   | Amount    |   |   | Capital |    |   | Loss          |   |   | Earnings |   |   | Total |   |
| Balance, December 31, 2009                       |   |         | 13,835,968 |   |           | $      | 83,016 |   |   |   | 2,129,073 |   |   | $       | (48,436 | )      |          | $      | 72,179 |   |   | $ | (209 | ) |   | $ | 124,873 |   |   | $ | 231,423 |   |
| Net income                                       |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   | 4,202 |   |   |   | 4,202 |   |
| Other comprehensive income                       |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   | 0 |   |
| Common Stock Issuance, net of issuance costs     |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   | (203 | ) |   |   |   |   |   |   |   |   |   |   | (203 | ) |
| Dividend reinvestment plan                       |   |         | 17,440     |   |           |   | 105    |   |   |   |      |   |   |    |    |   |          |   | 232 |   |   |   |   |   |   |   |   |   |   |   | 337 |   |
| Stock options exercised                          |   |         | 35,100     |   |           |   | 210    |   |   |   |      |   |   |    |    |   |          |   | 301 |   |   |   |   |   |   |   |   |   |   |   | 511 |   |
| Share-based compensation:                        |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common & nonvested shares                    |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   | 0 |   |
| Performance share plans                          |   |         | 15,121     |   |           |   | 91     |   |   |   |      |   |   |    |    |   |          |   | (344 | ) |   |   |   |   |   |   |   |   |   |   | (253 | ) |
| Dividends declared:                              |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common - $0.46 per share                         |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   | (5,416 | ) |   |   | (5,416 | ) |
| Cumulative non-redeemable preferred stock        |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   |   |   |   |   |   |   |   |   | (92 | ) |   |   | (92 | ) |
| Amortization of preferred stock issuance expense |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   | 4 |   |   |   |   |   |   |   |   |   |   |   | 4 |   |
| Gain (Loss) on capital stock                     |   |         |       |   |           |   |   |   |   |   |      |   |   |    |    |   |          |   | 2 |   |   |   |   |   |   |   | (2 | ) |   |   | 0 |   |
| Balance, March 31, 2010                          |   |         | 13,903,629 |   |           | $      | 83,422 |   |   |   | 2,129,073 |   |   | $       | (48,436 | )      |          | $      | 72,171 |   |   | $ | (209 | ) |   | $ | 123,565 |   |   | $ | 230,513 |   |

----

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

----

|          |   | March 31, 2011 |   |   | December 31, 2010 |   |
|---------------|--------|----------------|--------|--------|-------------------|--------|
| Taxes         |   | $              | 3,655  |   |              | $      | 14,662 |   |
| Insurance     |   |           | 1,913  |   |              |   | 412 |   |
| Miscellaneous |   |           | 924    |   |              |   | 788 |   |
| Total         |   | $              | 6,492  |   |              | $      | 15,862 |   |

|                                            |   | March 31, 2011 |   |   | December 31, 2010 |   |
|-------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
| Deferred compensation plans and other           |   | $              | 4,622  |   |              | $      | 2,596 |   |
| Accrued employee-related costs                  |   |           | 2,853  |   |              |   | 4,660 |   |
| Other taxes and Energy Efficiency Utility       |   |           | 3,934  |   |              |   | 4,105 |   |
| Cash concentration account - outstanding checks |   |           | 118    |   |              |   | 2,358 |   |
| Obligation under capital leases                 |   |           | 935    |   |              |   | 942 |   |
| Provision for rate refund                       |   |           | 1,736  |   |              |   | 5,137 |   |
| Accrued Interest                                |   |           | 4,007  |   |              |   | 938 |   |
| Miscellaneous accruals                          |   |           | 9,985  |   |              |   | 10,027 |   |
| Total                                           |   | $              | 28,190 |   |              | $      | 30,763 |   |

----

|                                                        |   | 2011   |       |   | 2010   |   |
|-------------------------------------------------------------|--------|--------|------------|--------|--------|--------|
| Numerator for basic and diluted EPS:                        |   |   |       |   |   |   |
| Net income                                                  |   | $      | 8,425      |   |   | $      | 4,202 |   |
| Dividends declared on preferred stock                       |   |   | (92        | )      |   |   | (92 | ) |
| Net income available for common stock                       |   | $      | 8,333      |   |   | $      | 4,110 |   |
|                                                        |   |   |       |   |   |   |   |   |
| Denominators for basic and diluted EPS:                     |   |   |       |   |   |   |   |   |
| Weighted-average basic shares of common stock outstanding   |   |   | 13,353,973 |   |   |   | 11,725,484 |   |
| Dilutive effect of stock options                            |   |   | 23,089     |   |   |   | 17,141 |   |
| Dilutive effect of performance shares                       |   |   | 29,864     |   |   |   | 13,678 |   |
| Weighted-average diluted shares of common stock outstanding |   |   | 13,406,926 |   |   |   | 11,756,303 |   |

|                                                  |   | 2011   |   |   | 2010   |   |
|-------------------------------------------------------|--------|--------|--------|--------|--------|--------|
|                                                  |   |   |   |   |   |   |
| Operating revenues                                    |   | $      | 34,227 |   |   | $      | 25,773 |   |
| Operating income                                      |   | $      | 19,715 |   |   | $      | 14,937 |   |
|                                                  |   |   |   |   |   |   |   |   |
| Income before non-controlling interest and income tax |   | $      | 15,769 |   |   | $      | 12,535 |   |
| Less members' non-controlling interest in income      |   |   | 14,537 |   |   |   | 11,450 |   |
| Less income tax                                       |   |   | 467    |   |   |   | (34 | ) |
| Net income                                            |   | $      | 765    |   |   | $      | 1,119 |   |
|                                                  |   |   |   |   |   |   |   |   |
| Company's common stock ownership interest             |   |   | 47.05  | %      |   |   | 47.05 | % |
| Company's equity in net income                        |   | $      | 360    |   |   | $      | 476 |   |

----

|                           |   | 2011   |   |   | 2010   |   |
|--------------------------------|--------|--------|--------|--------|--------|--------|
|                           |   |   |   |   |   |   |
| Operating revenues             |   | $      | 34,411 |   |   | $      | 26,165 |   |
| Operating income               |   | $      | 20,502 |   |   | $      | 15,458 |   |
| Net income                     |   | $      | 16,137 |   |   | $      | 13,078 |   |
|                           |   |   |   |   |   |   |   |   |
| Company's ownership interest   |   |   | 41.02  | %      |   |   | 33.35 | % |
| Company's equity in net income |   | $      | 6,525  |   |   | $      | 4,857 |   |

|                                      |   | 2011   |   |   | 2010   |   |
|-------------------------------------------|--------|--------|--------|--------|--------|--------|
|                                      |   |   |   |   |   |   |
| Operating revenues                        |   | $      | 48,973 |   |   | $      | 46,595 |   |
| Operating (loss) income                   |   | $      | (253   | )      |   | $      | (1,069 | ) |
| Net income                                |   | $      | 91     |   |   | $      | 101 |   |
|                                      |   |   |   |   |   |   |   |   |
| Company's common stock ownership interest |   |   | 58.85  | %      |   |   | 58.85 | % |
| Company's equity in net income            |   | $      | 53     |   |   | $      | 60 |   |

----

----

|                                            |   | March 31, 2011 |    |   | December 31, 2010 |   |
|-------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
|                                            |   | Carrying       |    |   | Fair              |   |   | Carrying |   |   | Fair |   |
|                                            | Amount |           |    | Value  |              |   | Amount |   |   | Value |   |
| Power contract derivative assets                |   | $              | 81      |   |              | $      | 81 |   |   | $ | 28 |   |   | $ | 28 |   |
|                                            |   |           |    |   |              |   |   |   |   |   |   |   |   |   |   |   |
| Long-term debt:                                 |   |           |    |   |              |   |   |   |   |   |   |   |   |   |   |   |
| First mortgage bonds (includes current portion) |   | $              | 167,500 |   |              | $      | 188,817 |   |   | $ | 167,500 |   |   | $ | 188,467 |   |
| Industrial/Economic Development bonds           |   | $              | 40,800  |   |              | $      | 40,211 |   |   | $ | 40,800 |   |   | $ | 40,521 |   |
| Credit facility borrowings                      |   | $              | 0       |   |              | $      | 0 |   |   | $ | 13,695 |   |   | $ | 13,695 |   |

----

|                                 |                                                         |   | Fair Value as of March 31, 2011 |   |
|--------------------------------------|--------------------------------------------------------------|--------|---------------------------------|--------|
|                                 |                                                         |   | Level 1                         |   |   | Level 2 |   | Level 3 |   | Total |   |
| Assets:                              |                                                         |   |                            |   |   |   |   |   |   |   |   |
| Millstone decommissioning trust fund |                                                         |   |                            |   |   |   |   |   |   |   |
|                                 | Investments in securities:                                   |   |                            |   |   |   |   |   |   |   |   |
|                                 | Marketable equity securities                                 |   | $                               | 1,680  |   |   | $ | 2,961 |   |   |   | $ | 4,641 |   |
|                                 | Marketable debt securities                                   |   |                            |   |   |   |   |   |   |   |   |   |   |   |
|                                 | Corporate bonds                                              |   |                            |   |   |   |   | 345 |   |   |   |   | 345 |   |
|                                 | U.S. Government issued debt securities (Agency and Treasury) |   |                            |   |   |   |   | 900 |   |   |   |   | 900 |   |
|                                 | State and municipal                                          |   |                            |   |   |   |   | 43 |   |   |   |   | 43 |   |
|                                 | Other                                                        |   |                            |   |   |   |   | 27 |   |   |   |   | 27 |   |
|                                 |   Total marketable debt securities                 |   |                            |   |   |   |   | 1,315 |   |   |   |   | 1,315 |   |
|                                 | Cash equivalents and other                                   |   |                            |   |   |   |   | 50 |   |   |   |   | 50 |   |
|                                 | Total investments in securities                              |   |                            | 1,680  |   |   |   | 4,326 |   |   |   |   | 6,006 |   |
| Restricted cash - long-term          |                                                         |   |                            |   |   |   | 14,403 |   |   |   |   | 14,403 |   |
| Cash equivalents                     |                                                         |   | 683                             |   |   |   |   |   |   |   |   | 683 |   |
| Restricted cash                      |                                                         |   |                            |   |   |   | 2,093 |   |   |   |   | 2,093 |   |
| Power-related derivatives - current  |                                                         |   |                            |   |   |   |   |   | 81 |   |   | 81 |   |
| Total assets                         |                                                         |   | $                               | 2,363  |   |   | $ | 20,822 |   | $81 |   | $ | 23,266 |   |
|                                 |                                                         |   |                            |   |   |   |   |   |   |   |   |   |   |   |

----

|                                 |                                                         |   |                               |   |   |    |   |    |   |   |   |
|--------------------------------------|--------------------------------------------------------------|--------|------------------------------------|--------|--------|---------|--------|---------|--------|--------|--------|
|                                 |                                                         |   | Fair Value as of December 31, 2010 |   |
|                                 |                                                         |   | Level 1                            |   |   | Level 2 |   | Level 3 |   | Total  |   |
| Assets:                              |                                                         |   |                               |   |   |    |   |    |   |   |   |
| Millstone decommissioning trust fund |                                                         |   |                               |   |   |    |   |    |   |   |
|                                 | Investments in securities:                                   |   |                               |   |   |    |   |    |   |   |   |
|                                 | Marketable equity securities                                 |   | $                                  | 1,587  |   |    | $      | 2,776   |   |   |   | $ | 4,363 |   |
|                                 | Marketable debt securities                                   |   |                               |   |   |    |   |    |   |   |   |   |   |   |
|                                 | Corporate bonds                                              |   |                               |   |   |    |   | 350     |   |   |   |   | 350 |   |
|                                 | U.S. Government issued debt securities (Agency and Treasury) |   |                               |   |   |    |   | 911     |   |   |   |   | 911 |   |
|                                 | State and municipal                                          |   |                               |   |   |    |   | 38      |   |   |   |   | 38 |   |
|                                 | Other                                                        |   |                               |   |   |    |   | 36      |   |   |   |   | 36 |   |
|                                 |   Total marketable debt securities                 |   |                               |   |   |    |   | 1,335   |   |   |   |   | 1,335 |   |
|                                 | Cash equivalents and other                                   |   |                               |   |   |    |   | 44      |   |   |   |   | 44 |   |
|                                 | Total investments in securities                              |   |                               | 1,587  |   |    |   | 4,155   |   |   |   |   | 5,742 |   |
| Restricted cash - long-term          |                                                         |   |                               |   |   |    | 17,581 |    |   |   |   | 17,581 |   |
| Cash equivalents                     |                                                         |   | 1,653                              |   |   |    |   |    |   |   |   | 1,653 |   |
| Restricted cash                      |                                                         |   |                               |   |   |    | 5,903  |    |   |   |   | 5,903 |   |
| Power-related derivatives - current  |                                                         |   |                               |   |   |    |   |    | 28     |   |   | 28 |   |
| Total assets                         |                                                         |   | $                                  | 3,240  |   |    | $      | 27,639  |   | $28    |   | $ | 30,907 |   |

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|                                                |   | Three months ended March 31 |   |
|-----------------------------------------------------|--------|-----------------------------|--------|
|                                                |   | 2011                        |   |   | 2010 |   |
| Balance as of January 1                             |   | $                           | 28     |   |   | $ | 254 |   |
| Gains and losses (realized and unrealized)          |   |                        |   |   |   |   |   |   |
| Included in earnings                                |   |                        | (7     | ) |   |   | 1,650 |   |
| Included in Regulatory and other assets/liabilities |   |                        | 60     |   |   |   | 5,365 |   |
| Purchases, sales, issuances and net settlements     |   |                        | 0      |   |   |   | (1,683 | ) |
| Balance at March 31                                 |   | $                           | 81     |   |   | $ | 5,586 |   |

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|                                                         |   | As of March 31, 2011 |   |
|--------------------------------------------------------------|--------|----------------------|--------|
|                                                         |   | Amortized            |   |   | Unrealized |   |   | Unrealized |   |   | Estimated |   |
| Security Types                                               |   | Cost                 |   |   | Gains |   |   | Losses |   |   | Fair Value |   |
| Marketable equity securities                                 |   | $                    | 3,126  |   |   | $ | 1,515 |   |   |   |   |   | $ | 4,641 |   |
| Marketable debt securities                                   |   |                 |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Corporate bonds                                              |   |                 | 328    |   |   |   | 19 |   |   | $ | (2 | ) |   |   | 345 |   |
| U.S. Government issued debt securities (Agency and Treasury) |   |                 | 857    |   |   |   | 46 |   |   |   | (3 | ) |   |   | 900 |   |
| State and municipal                                          |   |                 | 42     |   |   |   | 1 |   |   |   |   |   |   |   | 43 |   |
| Other                                                        |   |                 | 26     |   |   |   | 1 |   |   |   |   |   |   |   | 27 |   |
|   Total marketable debt securities                 |   |                 | 1,253  |   |   |   | 67 |   |   |   | (5 | ) |   |   | 1,315 |   |
| Cash equivalents and other                                   |   |                 | 50     |   |   |   |   |   |   |   |   |   |   |   | 50 |   |
| Total                                                        |   | $                    | 4,429  |   |   | $ | 1,582 |   |   | $ | (5 | ) |   | $ | 6,006 |   |

|                                                         |   | As of December 31, 2010 |   |
|--------------------------------------------------------------|--------|-------------------------|--------|
|                                                         |   | Amortized               |   |   | Unrealized |   |   | Unrealized |   |   | Estimated |   |
| Security Types                                               |   | Cost                    |   |   | Gains |   |   | Losses |   |   | Fair Value |   |
| Marketable equity securities                                 |   | $                       | 3,075  |   |   | $ | 1,288 |   |   |   |   |   | $ | 4,363 |   |
| Marketable debt securities                                   |   |                    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Corporate bonds                                              |   |                    | 333    |   |   |   | 19 |   |   | $ | (2 | ) |   |   | 350 |   |
| U.S. Government issued debt securities (Agency and Treasury) |   |                    | 861    |   |   |   | 53 |   |   |   | (3 | ) |   |   | 911 |   |
| State and municipal                                          |   |                    | 37     |   |   |   | 1 |   |   |   |   |   |   |   | 38 |   |
| Other                                                        |   |                    | 35     |   |   |   | 1 |   |   |   |   |   |   |   | 36 |   |
|   Total marketable debt securities                 |   |                    | 1,266  |   |   |   | 74 |   |   |   | (5 | ) |   |   | 1,335 |   |
| Cash equivalents and other                                   |   |                    | 44     |   |   |   |   |   |   |   |   |   |   |   | 44 |   |
| Total                                                        |   | $                       | 4,385  |   |   | $ | 1,362 |   |   | $ | (5 | ) |   | $ | 5,742 |   |

|            |   | Fair value of debt securities at contractual maturity dates |   |
|-----------------|--------|-------------------------------------------------------------|--------|
|            |   | Less than 1 year                                            |   |   | 1 to 5 years |   |   | 5 to 10 years |   |   | After 10 years |   |   | Total |   |
| Debt Securities |   | $                                                           | 56     |   |   | $ | 307 |   |   | $ | 261 |   |   | $ | 691 |   |   | $ | 1,315 |   |

----

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|                                                                |   | March 31, 2011 |   |   | December 31, 2010 |   |
|---------------------------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
| Regulatory assets                                                   |   |           |   |   |              |   |
| Pension and postretirement medical costs                            |   | $              | 27,553 |   |              | $      | 27,959 |   |
| Nuclear plant dismantling costs                                     |   |           | 6,466  |   |              |   | 6,821 |   |
| Nuclear refueling outage costs - Millstone Unit #3                  |   |           | 324    |   |              |   | 486 |   |
| Income taxes                                                        |   |           | 4,541  |   |              |   | 4,480 |   |
| Asset retirement obligations and other                              |   |           | 830    |   |              |   | 730 |   |
| Total Regulatory assets                                             |   |           | 39,714 |   |              |   | 40,476 |   |
| Less: Current portion                                               |   |           | 2,281  |   |              |   | 1,924 |   |
| Total Regulatory assets less current portion                        |   | $              | 37,433 |   |              | $      | 38,552 |   |
|                                                                |   |           |   |   |              |   |   |   |
| Other deferred charges - regulatory                                 |   |           |   |   |              |   |   |   |
| ESAM deferred costs                                                 |   | $              | 0      |   |              | $      | 4,157 |   |
| Environmental                                                       |   |           | 452    |   |              |   | 0 |   |
| Other                                                               |   |           | 5      |   |              |   | 181 |   |
| Total Other deferred charges - regulatory                      |   |           | 457    |   |              |   | 4,338 |   |
| Less: Current portion                                               |   |           | 0      |   |              |   | 2,078 |   |
| Total Other deferred charges - regulatory less current portion      |   | $              | 457    |   |              | $      | 2,260 |   |
|                                                                |   |           |   |   |              |   |   |   |
| Other deferred credits - regulatory                                 |   |           |   |   |              |   |   |   |
| Asset retirement obligation - Millstone Unit #3                     |   | $              | 3,233  |   |              | $      | 3,009 |   |
| Vermont Yankee settlements                                          |   |           | 55     |   |              |   | 0 |   |
| Unrealized gains on power-related derivatives                       |   |           | 60     |   |              |   | 0 |   |
| CVPS SmartPower® grant reimbursements                          |   |           | 941    |   |              |   | 1,180 |   |
| Other                                                               |   |           | 824    |   |              |   | 805 |   |
| Total Other deferred credits - regulatory                      |   |           | 5,113  |   |              |   | 4,994 |   |
| Less: Current Portion                                               |   |           | 1,086  |   |              |   | 1,108 |   |
| Total Other deferred credits - regulatory less current portion |   | $              | 4,027  |   |              | $      | 3,886 |   |

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|                          | MWh (000s) |
|-------------------------------|------------|
|                          | 2011       | 2010 |
| Commodity                     |       |   |
| Forward Energy Contracts      | 0          | 368.2 |
| Financial Transmission Rights | 1,480.5    | 1,559.3 |
| Hydro-Quebec Sellback #3      | 0          | 136.9 |

|                                                       |   | 2011   |   |   | 2010   |   |
|------------------------------------------------------------|--------|--------|--------|--------|--------|--------|
| Net realized gains (losses) reported in operating revenues |   | $      | 0      |   |   | $      | 1,672 |   |
| Net realized gains (losses) reported in purchased power    |   |   | (7     | )      |   |   | (22 | ) |
| Net realized gains (losses) reported in earnings           |   | $      | (7     | )      |   | $      | 1,650 |   |

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|                                  |   | Pension Benefits |   |   | Postretirement Benefits |   |
|---------------------------------------|--------|------------------|--------|--------|-------------------------|--------|
|                                  |   | 2011             |   |   | 2010                    |   |   | 2011 |   |   | 2010 |   |
| Service cost                          |   | $                | 1,142  |   |                    | $      | 1,026 |   |   | $ | 198 |   |   | $ | 228 |   |
| Interest cost                         |   |             | 1,851  |   |                    |   | 1,754 |   |   |   | 330 |   |   |   | 395 |   |
| Expected return on plan assets        |   |             | (2,120 | )      |                    |   | (2,063 | ) |   |   | (357 | ) |   |   | (301 | ) |
| Amortization of transition obligation |   |             | 0      |   |                    |   | 0 |   |   |   | 64 |   |   |   | 64 |   |
| Amortization of prior service cost    |   |             | 104    |   |                    |   | 107 |   |   |   | 70 |   |   |   | 70 |   |
| Amortization of net actuarial loss    |   |             | 60     |   |                    |   | 0 |   |   |   | 51 |   |   |   | 242 |   |
| Net periodic benefit cost             |   |             | 1,037  |   |                    |   | 824 |   |   |   | 356 |   |   |   | 698 |   |
| Less amounts capitalized              |   |             | 212    |   |                    |   | 89 |   |   |   | 73 |   |   |   | 76 |   |
| Net benefit costs expensed            |   | $                | 825    |   |                    | $      | 735 |   |   | $ | 283 |   |   | $ | 622 |   |

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|                              |   |   |    |   |        |   |   | Reclassification & |   |   |         |   |
|-----------------------------------|--------|--------|---------|--------|-------------|--------|--------|------------------------|--------|--------|--------------|--------|
|                              |   |   |    |   | Unregulated |   |   | Consolidating          |   |   |         |   |
|                              |   | CV-VT  |    |   | Companies   |   |   | Entries                |   |   | Consolidated |   |
| March 31, 2011                    |   |   |    |   |        |   |   |                   |   |   |         |   |
| Revenues from external customers  |   | $      | 97,085  |   |        | $      | 423    |                   |   | $      | (423         | )      |   | $ | 97,085 |   |
| Net income                        |   | $      | 8,358   |   |        | $      | 67     |                   |   |   |         |   |   | $ | 8,425 |   |
| Total assets at March 31, 2011    |   | $      | 697,188 |   |        | $      | 3,062  |                   |   | $      | (234         | )      |   | $ | 700,016 |   |
|                              |   |   |    |   |        |   |   |                   |   |   |         |   |   |   |   |   |
| March 31, 2010                    |   |   |    |   |        |   |   |                   |   |   |         |   |   |   |   |   |
| Revenues from external customers  |   | $      | 91,007  |   |        | $      | 433    |                   |   | $      | (433         | )      |   | $ | 91,007 |   |
| Net income                        |   | $      | 4,149   |   |        | $      | 53     |                   |   |   |         |   |   | $ | 4,202 |   |
| Total assets at December 31, 2010 |   | $      | 707,973 |   |        | $      | 3,019  |                   |   | $      | (246         | )      |   | $ | 710,746 |   |

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Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

| §  | the actions of regulatory bodies with respect to allowed rates of return, continued recovery of regulatory assets and alternative regulation;                                   |
|--------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| §  | liquidity requirements;                                                                                                                                                         |
| §  | the performance and continued operation of the Vermont Yankee nuclear power plant;                                                                                              |
| §  | changes in the cost or availability of capital;                                                                                                                                 |
| §  | our ability to replace or renegotiate our long-term power supply contracts;                                                                                                     |
| §  | effects of and changes in local, national and worldwide economic conditions;                                                                                                    |
| §  | effects of and changes in weather;                                                                                                                                              |
| §  | volatility in wholesale power markets;                                                                                                                                          |
| §  | our ability to maintain or improve our current credit ratings;                                                                                                                  |
| §  | the operations of ISO-NE;                                                                                                                                                       |
| §  | changes in financial or regulatory accounting principles or policies imposed by governing bodies;                                                                               |
| §  | capital market conditions, including price risk due to marketable securities held as investments in trust for nucleardecommissioning, pension and postretirement medical plans; |
| §  | changes in the levels and timing of capital expenditures, including our discretionary future investments in Transco;                                                            |
| §  | the performance of other parties in joint projects, including other Vermont utilities, state entities and Transco;                                                              |
| §  | our ability to successfully manage a number of projects involving new and evolving  technology;                                                                       |
| §  | our ability to replace a mature workforce and retain qualified, skilled and experienced personnel; and                                                                          |
| §  | other presently unknown or unforeseen factors.                                                                                                                                  |

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| Reconciliation of Earnings Per Diluted Share                                                                                     |   |          |   |
|----------------------------------------------------------------------------------------------------------------------------------|--------|---------------|--------|
|                                                                                                                             |   | 2011 vs. 2010 |   |
| 2010 Earnings per diluted share                                                                                                  |   | $             | 0.35   |   |
|                                                                                                                             |   |          |   |   |
| Major Income Statement Variances:                                                                                                |   |          |   |   |
| Higher operating revenue                                                                                                         |   |          | 0.30   |   |
| Lower service restoration expenses                                                                                               |   |          | 0.09   |   |
| Higher equity in earnings of affiliates                                                                                          |   |          | 0.07   |   |
| Lower purchased power expense                                                                                                    |   |          | 0.02   |   |
| Higher regulatory amortizations                                                                                                  |   |          | (0.14  | ) |
| Higher transmission expenses                                                                                                     |   |          | (0.04  | ) |
| Other (includes income tax adjustments, impact of additional common shares      and various items) |   |          | (0.03  | ) |
| 2011 Earnings per diluted share                                                                                                  |   | $             | 0.62   |   |

|                      |   | Three months ended March 31 |   |
|---------------------------|--------|-----------------------------|--------|
|                      |   | Revenues                    |   |   |   |   |   |   |   |
|                      |   | (in thousands)              |   |   | MWh Sales |   |
|                      |   | 2011                        |   |   | 2010 |   |   | 2011 |   |   | 2010 |   |
| Residential               |   | $                           | 43,803 |   |   | $ | 39,636 |   |   |   | 281,030 |   |   |   | 270,425 |   |
| Commercial                |   |                        | 28,866 |   |   |   | 26,645 |   |   |   | 207,165 |   |   |   | 203,809 |   |
| Industrial                |   |                        | 10,070 |   |   |   | 9,289 |   |   |   | 98,828 |   |   |   | 97,429 |   |
| Other                     |   |                        | 519    |   |   |   | 492 |   |   |   | 1,605 |   |   |   | 1,598 |   |
| Total retail sales        |   |                        | 83,258 |   |   |   | 76,062 |   |   |   | 588,628 |   |   |   | 573,261 |   |
| Resale sales              |   |                        | 7,695  |   |   |   | 11,339 |   |   |   | 189,895 |   |   |   | 223,100 |   |
| Provision for rate refund |   |                        | 3,391  |   |   |   | 125 |   |   |   | 0 |   |   |   | 0 |   |
| Other operating revenues  |   |                        | 2,741  |   |   |   | 3,481 |   |   |   | 0 |   |   |   | 0 |   |
| Total operating revenues  |   | $                           | 97,085 |   |   | $ | 91,007 |   |   |   | 778,523 |   |   |   | 796,361 |   |

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| §   | Retail sales increased $7.2 million resulting primarily from a 7.46 percent base rate increase effective January 1, 2011 and higher customer usage due to colder weather in 2011. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Resale sales decreased $3.6 million due to lower 2011 contract prices associated with the sale of our excess energy and lower volume available for resale due to higher retail load. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | The provision for rate refund increased $3.3 million primarily due to over- or under-collections of power, production and transmission costs as defined by the power cost adjustment clause of our alternative regulation plan.  This increase included the favorable impact of $3.4 million of net deferrals and refunds in 2011 vs. the favorable impact of $0.1 million of net deferrals and refunds in 2010. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Other operating revenues decreased $0.8 million mostly due to mutual aid for other utilities in 2010. |
|--------------------|-------------------------------------------------------------------------------------------------------|

|                               |   | Purchases      |   |   |          |   |   |   |   |
|------------------------------------|--------|----------------|--------|--------|---------------|--------|--------|--------|--------|
|                               |   | (in thousands) |   |   | MWh purchases |   |
|                               |   | 2011           |   |   | 2010          |   |   | 2011   |   |   | 2010 |   |
| VYNPC                              |   | $              | 17,056 |   |          | $      | 16,228 |   |   |   | 390,805 |   |   |   | 387,555 |   |
| Hydro-Quebec                       |   |           | 16,526 |   |          |   | 16,608 |   |   |   | 265,007 |   |   |   | 267,625 |   |
| Independent Power Producers        |   |           | 6,279  |   |          |   | 6,346  |   |   |   | 48,382 |   |   |   | 50,194 |   |
| Subtotal long-term contracts       |   |           | 39,861 |   |          |   | 39,182 |   |   |   | 704,194 |   |   |   | 705,374 |   |
| Other purchases                    |   |           | 1,122  |   |          |   | 2,366  |   |   |   | 1,444 |   |   |   | 13,961 |   |
| Reserve for loss on power contract |   |           | (299   | )      |          |   | (299   | )      |   |   | 0 |   |   |   | 0 |   |
| Nuclear decommissioning            |   |           | 356    |   |          |   | 330    |   |   |   | 0 |   |   |   | 0 |   |
| Other                              |   |           | 312    |   |          |   | 139    |   |   |   | 0 |   |   |   | 0 |   |
| Total purchased power              |   | $              | 41,352 |   |          | $      | 41,718 |   |   |   | 705,638 |   |   |   | 719,335 |   |

| §   | Purchased power costs under long-term contracts increased $0.7 million in 2011, due primarily to higher output at the Vermont Yankee plant, lower volume from Hydro-Québec and decreased purchases from Independent Power Producers. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Other purchases decreased $1.2 million due to lower capacity costs and decreased volumes at lower market prices. |
|--------------------|------------------------------------------------------------------------------------------------------------------|

| §   | Nuclear decommissioning costs increased less than $0.1 million associated with our ownership interests in Maine Yankee, Connecticut Yankee and Yankee Atomic.  These costs are based on FERC-approved tariffs. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Other costs increased $0.2 million. These Other costs are amortizations and deferrals based on PSB-approved regulatory accounting, including those for incremental energy costs related to Millstone Unit #3 scheduled refueling outages and deferrals for our share of nuclear insurance refunds received by VYNPC. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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m 3.  Quantitative and Qualitative Disclosures About Market Risk

|                                                                          |   | Financial    |   |
|-------------------------------------------------------------------------------|--------|--------------|--------|
|                                                                          |   | Transmission |   |
|                                                                          |   | Rights       |   |
| Total fair value at December 31, 2010                                         |   | $            | 28     |   |
| Gains and losses (realized and unrealized)                                    |   |         |   |   |
| Included in earnings                                                          |   |         | (7     | ) |
| Included in Regulatory and other assets/liabilities                           |   |         | 60     |   |
| Purchases, sales, issuances and net settlements                               |   |         | 0      |   |
| Total fair value at March 31, 2011                                            |   | $            | 81     |   |
|                                                                          |   |         |   |   |
| Estimated fair value at March 31, 2011 for changes in projected market price: |   |         |   |   |
| 10 percent increase                                                           |   | $            | 8      |   |
| 10 percent decrease                                                           |   | $            | (8     | ) |

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Item 4. Controls and Procedures

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| PART II - OTHER INFORMATION  |
|-----------------------------------|
| Item 1.                           | Legal Proceedings. The company is involved in legal and administrative proceedings in the normal course of business and does not believe that the ultimate outcome of these proceedings will have a material adverse effect on its financial position, results of operations or cash flows.  |
| Item 1A.                          | Risk Factors. We have risks associated with the operation of nuclear facilities.  Changes in security and safety requirements could result from events such as a serious nuclear incident outside of our control.  The NRC plans to perform additional operational and safety reviews of nuclear facilities in the U.S. due to the nuclear-related incidents in Japan resulting from the recent earthquake and tsunami.  The lessons learned from the Japan events and NRC reviews may impact future operations and capital requirements at U.S. nuclear facilities.  Although we have no reason to anticipate a serious nuclear incident at the nuclear plants we have an ownership interest in, if an incident did occur, it could have a material adverse effect on our financial position, results of operations and cash flows. In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I “Item 1A. Risk Factors”, in our Annual Report on Form 10-K for the year ended December 31, 2010, which could materially affect our business, financial condition or future results.  |
| Item 6.                           | Exhibits.  |
|                              | (a) | List of Exhibits  |
|                              | 4.12 | Bond Purchase Agreement, dated as of February 4, 201l, between the Company andMetropolitan Life Insurance Company. (incorporated by reference to Exhibit 10.1 to the Company's Form 8-K filed with the SEC on February 4, 2011)  |
|                              | A 10.19 | Consulting Services Agreement between Robert H. Young and Central Vermont Public Service Corporation dated effective June 1, 2011. (incorporated by reference to Exhibit A 10.19 to the Company's Form 8-K filed with the SEC on April 22, 2011)  |
|                              | 31.1 | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |
|                              | 31.2 | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.  |
|                              | 32.1 | Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.  |
|                              | 32.2 | Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |

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| SIGNATURES       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | CENTRAL VERMONT PUBLIC SERVICE CORPORATION                                                                                                                                                                                                                                                                                                                                                                    |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | (Registrant)                                                                                                                                                                                                                                                                                                                                                                                             |
| By     |  /s/ Pamela J. Keefe                                                               |
|   | Pamela J. KeefeSr. Vice President, Chief Financial Officer, and Treasurer                                                                                                                                                                                                                                                                                                                                     |

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