Vermont Utility Restructuring Legislation

Legislation Cite and Date
S. 137 (6/99)
Docket No. 5980 (9/99)

Low-Income Provisions
Comprehensive restructuring legislation has not been enacted, but SB 137 authorized creation of an energy efficiency “utility” designed to increase the level of energy efficiency savings in Vermont, to increase the cost effectiveness of securing those savings, to provide integrated and consistent electric energy efficiency services statewide, and to ensure that all Vermont consumers are given the opportunity to participate in and benefit from a comprehensive set of cost-effective energy efficiency programs and initiatives.

Low-Income Rate Assistance:
NA

Low-Income Conservation
Effective March 2000, the state Public Service Board established Efficiency Vermont, an energy efficiency "utility", to deliver seven statewide energy efficiency programs for all customer classes (residential, including low-income; commercial, industrial, and dairy agricultural). Working in partnership with the state’s low-income weatherization agencies, the utility provide incentives for the implementation of electric efficiency measures in low-income households.

Annual Funding (2008)
Rate Assistance: none
Conservation (residential): $530,053 (single-family); $219,426 (multifamily)

Funding Mechanism
Non-bypassable volumetric systems benefits charge

Administration
Vermont Energy Investment Corporation, an independent non-profit energy services organization under contract to the Vermont Public Service Board.

Pre-Restructuring Funding
Rate Assistance: none
Conservation: $1.4 million

Reports / Evaluations
Evaluations are available at:
http://publicservice.vermont.gov/pub/2003-2005summaryreport.htm

2008 Preliminary Results and Savings Estimate Report and draft 2009-2011 Annual Plan are available at: www.efficiencyvermont.com/pages/Common/AboutUs/AnnualReport/

Page Last Updated: September 24, 2009