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Bill > H0216


VT H0216

VT H0216
An act relating to authorizing the Clean Heat Standard rules


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to authorize the Clean Heat Standard rules to be adopted with a price cap on the cost of clean heat credits. The price cap shall ensure that the cost of the Clean Heat Standard Program will not raise the delivered cost of fossil heating fuels more than $0.10 per gallon for the first five years.

AI Summary

This bill proposes to authorize the Clean Heat Standard rules with a specific provision to manage the potential cost impact on consumers. The Clean Heat Standard is a program aimed at reducing greenhouse gas emissions from heating fuels by creating a credit system that encourages the adoption of cleaner heating technologies. The key feature of this bill is a price cap that limits the increase in delivered fossil heating fuel costs to no more than $0.10 per gallon for the first five years of the program's implementation. This price cap is designed to protect consumers from significant cost increases while still promoting the transition to more environmentally friendly heating solutions. By setting this limit, the bill seeks to balance environmental goals with economic considerations, ensuring that the shift to cleaner heat sources remains affordable for Vermont residents and businesses.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

House Committee on Energy and Digital Infrastructure Hearing (00:00:00 2/27/2025 ) (on 02/27/2025)

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