EXHIBIT 21.1

Subsidiaries of the Registrant
		State in Which Incorporated
Connecticut Valley Electric Company Inc. (a) (F1) Vermont Electric Power Company, Inc. (b) (F2) C.V. Realty, Inc. (a) (F1) Central Vermont Public Service Corporation -    East Barnet Hydroelectric, Inc. (a) (F1) Catamount Resources Corporation (a) (F1)    Catamount Energy Corporation (a)(c) (F1)    SmartEnergy Services, Inc. (a)(d) (F1)		New Hampshire Vermont Vermont Vermont Vermont Vermont Vermont
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(FN) (F1) (F2)	(a)  Included in consolidated financial statements (b)  Separate financial statements do not need to be filed      under Regulation S-X, Rule 1-02 (w) defining a      "significant subsidiary", and Rule 3-09, which sets      forth the requirement for filing separate financial      statements of subsidiaries not consolidated. (c)  As of December 31, 2000 Catamount Energy Corporation      has twelve wholly-owned subsidiaries. Of the twelve      subsidiaries, two are operating in foreign countries.      As of March 12, 2001, Catamount has ten wholly-owned      subsidiaries. (d)  SmartEnergy Services, Inc. has three wholly-owned      subsidiaries operating in the United States.