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Bill > H0196


VT H0196

VT H0196
An act relating to energy efficiency utility jurisdiction


summary

Introduced
02/12/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to amend the legislative direction to the Public Utility Commission to require the energy efficiency utilities to prioritize greenhouse gas emissions reductions and equitable access for all Vermonters and Vermont businesses

AI Summary

This bill proposes significant changes to Vermont's energy efficiency utility jurisdiction by amending the existing legal framework to prioritize greenhouse gas emissions reductions and ensure equitable access to energy efficiency programs. The bill requires the Public Utility Commission to appoint entities that will develop and implement energy efficiency, conservation, electrification, and energy storage programs with a strong emphasis on reducing greenhouse gas emissions. Key provisions include mandating that at least 25% of the annual budget be targeted at low to moderate-income residential services and 12.5% for small businesses and non-profit organizations. The bill introduces new funding mechanisms, including using net revenues from capacity savings and carbon credit sales to support energy efficiency efforts. It also expands the scope of energy efficiency programs to include innovative approaches like supporting electric vehicle transitions, especially for high-fuel-consumption users. The legislation aims to create a more comprehensive and equitable approach to energy efficiency, with a particular focus on reducing fossil fuel use and supporting the state's greenhouse gas reduction requirements. The changes will take effect on July 1, 2025, giving utilities and stakeholders time to prepare for the new requirements.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

House Committee on Energy and Digital Infrastructure Hearing (00:00:00 2/21/2025 ) (on 02/21/2025)

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