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 4, 2004

                        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  12.  RESULTS  OF  OPERATIONS  AND  FINANCIAL  CONDITION

          On  May  4,  2004,  the  Company  issued a press release regarding its
earnings  for the quarter ended March 31, 2004.  A copy of this release is being
furnished  as  Exhibit  99.1  to  this  Current  Report  on  Form  8-K.

     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 quarters ended
March  31,  2004,  2003,  respectively.

     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,  2004      By:/s/Robert  J.  Griffin
                              ----------------------
ROBERT  J.  GRIFFIN,  CHIEF  FINANCIAL  OFFICER,  VICE  PRESIDENT, AND TREASURER

DATED:  May  6,  2004     By:/s/Robert  J.  Griffin
                             ----------------------
ROBERT  J.  GRIFFIN,  CHIEF FINANCIAL OFFICER, VICE PRESIDENT, AND TREASURER (AS
PRINCIPAL  FINANCIAL  OFFICER)