SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C.  20549

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                                    FORM 8-K


              CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

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                DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED):
                                   MAY 6, 2003

                        GREEN MOUNTAIN POWER CORPORATION
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


   VERMONT                                 03-0127430
(STATE  OR  OTHER JURISDICTION OF INCORPORATION) (I.R.S. EMPLOYER IDENTIFICATION
NUMBER)


                                     1-8291
                             COMMISSION FILE NUMBER


         163  ACORN  LANE,
                 COLCHESTER, VERMONT                       05446
      (ADDRESS  OF  PRINCIPAL  EXECUTIVE  OFFICES)
(ZIP  CODE)





                                    (802) 864-5731
                         (REGISTRANT'S TELEPHONE NUMBER,
                              INCLUDING AREA CODE)

















ITEM  9.  REGULATION  FD  DISCLOSURE

This  Current  Report on Form 8-K and the earnings press release attached hereto
are being furnished by Green Mountain Power Corporation (the "Company") pursuant
to  Item  12 of Form 8-K, in accordance with SEC Release Nos. 33-8216; 34-47583,
insofar  as they disclose historical information regarding the Company's results
of  operations  or financial condition for the three months ended March 31, 2003
and  2002,  respectively.


On  May  6,  2003, the Company issued a press release regarding its earnings for
the  first  quarter  ended  March  31,  2003.  A  copy  of this release is being
furnished  as  Exhibit  99.1  to  this  Current  Report  on  Form  8-K.

In  accordance with General Instruction B.6 of Form 8-K, the information in this
Current  Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed"
for  the  purposes  of  Section  18  of  the Securities Exchange Act of 1934, as
amended,  or otherwise subject to the liability of that section, nor shall it be
deemed incorporated by reference in any filing under the Securities Act of 1933,
as amended, except as shall be expressly set forth by specific reference in such
a  filing.



                              SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
Registrant  has  duly  cased  this  report  to  be  signed  on its behalf by the
undersigned  thereunto  duly  authorized.

GREEN  MOUNTAIN  POWER  CORPORATION
                                         Registrant
DATED:  May  6,  2003               By:/s/Robert  J.  Griffin
                                       ----------------------
ROBERT  J.  GRIFFIN,  CONTROLLER  AND  TREASURER

 DATED:  May  6,  2003               By:/s/Robert  J.  Griffin
                                        ----------------------
ROBERT  J.  GRIFFIN,  CONTROLLER  AND  TREASURER(AS PRINCIPAL FINANCIAL OFFICER)