The bill H.159 proposes the repeal of the Renewable Energy Standard (RES) in Vermont, which is currently established under sections 8004 and 8005 of Title 30. The bill includes the repeal of specific sections of the law, including 30 V.S.A. 8004, 8005, 8006, and 8006a, and makes various amendments to definitions and provisions related to renewable energy. Notably, it modifies the definition of "new renewable energy" and removes references to the RES throughout the text, indicating a significant shift in the state's approach to renewable energy regulation.

Additionally, the bill repeals requirements related to greenhouse gas reduction credits and the standard offer program, which previously mandated certain obligations for retail electricity providers. The changes aim to streamline energy compliance and planning processes, as well as to eliminate the need for reporting on the progress toward meeting the RES. The act is set to take effect on July 1, 2025, marking a substantial change in Vermont's energy policy landscape.

Statutes affected:
As Introduced: 30-8002, 30-8005a, 30-8009, 30-8010, 24-4352, 30-202b, 30-8127