<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
______________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 30, 1996
_________________
CENTRAL VERMONT PUBLIC SERVICE CORPORATION
_________________________________________________________________
(Exact name of registrant as specified in its charter)
Vermont 1-8222 03-0111290
_________________________________________________________________
(State of other jurisdic- (Commission (IRS Employer
tion of incorporation) File Number) Identification No.)
77 Grove Street, Rutland, Vermont 05701
_________________________________________________________________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (802) 773-2711
_________________________________________________________________
N/A
_________________________________________________________________
(Former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
____________
Millstone Unit #3
_________________
The Company owns a 1.7303% joint-ownership interest in the
Millstone Unit #3 (Unit #3) of the Millstone Power Station
operated by Northeast Utilities (NU).
On March 30, 1996, Unit #3 was shut down by the licensee
following an engineering evaluation which determined that four
safety-related valves would not be able to perform their design
function during certain assumed events.
The Nuclear Regulatory Commission (NRC), by letter dated
April 4, 1996, ordered NU to submit, no later than seven days
prior to the restart of Unit #3, information describing the
actions taken to ensure that future operation of Unit #3 will be
conducted in accordance with the terms and conditions of its
operating license, NRC regulations and the plant's Updated Final
Safety Analysis Report. The letter also requires that certain
specific technical issues be resolved to the NRC's satisfaction
prior to restarting Unit #3. This letter supersedes, with regard
to Unit #3, an earlier letter dated March 7, 1996 described in
the Company's 1995 Form 10-K at Item 1. Business-Power Resources.
The most recent letter also indicates that since the March 7,
1996 letter, the NRC has identified programmatic issues and
design deficiencies at Unit #3 that are similar in nature to two
of NU's other nuclear units which are currently not operating.
The Company cannot, at this time, predict the duration of
the process for NU to prepare the necessary response to the NRC,
the NRC's reaction to the response or the expected date that Unit
#3 will return to service.
While Unit #3 is out of service, the Company will incur
incremental replacement power costs estimated at $250,000 to
$350,000 per month.
<PAGE>
SIGNATURE
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
BY JAMES M. PENNINGTON
_______________________________________
James M. Pennington, Controller and
Principal Accounting Officer
April 10, 1996
