Bill S.65 seeks to amend the jurisdiction of the Public Utility Commission in Vermont concerning energy efficiency utilities, with a strong emphasis on reducing greenhouse gas emissions and ensuring equitable access for all residents and businesses. The bill introduces new legal language that expands the scope of energy efficiency programs to include electrification, energy storage, and emissions reduction. It also mandates that programs supporting the efficient use of biological and fossil-based fuels must comply with air quality standards. Additionally, a new energy efficiency charge is established, prioritizing greenhouse gas reduction and outlining supplemental funding sources for energy efficiency initiatives.

Furthermore, the bill sets forth a framework for appointing independent efficiency entities responsible for developing and monitoring energy efficiency programs, particularly for thermal energy and process-fuel customers. These entities are required to ensure equitable service delivery, with specific budget allocations for low to moderate-income residential services and small businesses. The bill also introduces new criteria for energy efficiency programs, linking compensation for these entities to verified greenhouse gas emission reductions and energy savings, while removing previous requirements for a statewide information clearinghouse. The act is scheduled to take effect on July 1, 2025.

Statutes affected:
As Introduced: 30-209