Showing posts with label HB 468. Show all posts
Showing posts with label HB 468. Show all posts

May 21, 2012

Legislative wrap up: Energy stances on renewable investments, merger payback, opt-out fee for smart meters and state transmission ownership lost steam

The most prominent energy issues in the Vermont Legislature this year seem to be the ones that didn’t happen.

For what seemed like half the session, lawmakers quibbled over whether to intervene in a Public Service Board docket to require utilities to give $21 million in windfall money to ratepayers. That legislation never came to fruition.

The House spent a large part of the session polishing a law that would require the state’s utilities to purchase set amounts of renewable energy. That big energy bill barely made it through, and when it did, the renewable energy mandate was stripped out.

February 17, 2012

Vermont: Committee starts over on renewable power bill

Legislation that would require utilities to purchase green energy will go back to the drawing board, according the chair of the House Committee on Natural Resources and Energy.

The bill, H.468, would have required utilities to purchase 80 percent of their power from qualifying renewable sources in 2025.

The bill set out ambitious goals for utilities, but after weeks of testimony, the second draft eased these qualifications by requiring 75 percent renewables by 2032. Thirty-five percent of those would have to come from “new” generation that came online after Dec. 31, 2004.