Bill H.196, introduced by Representative Logan of Burlington, aims to amend the legislative direction to the Public Utility Commission (PUC) regarding energy efficiency utilities by emphasizing the reduction of greenhouse gas emissions and equitable access for all Vermonters and businesses. The bill includes new provisions that expand the scope of energy efficiency programs to cover emissions reduction, electrification, energy storage, and combined heat and power systems. It mandates that programs supporting biological and fossil-based fuels must adhere to air quality standards and contribute to greenhouse gas reductions. Additionally, the bill establishes independent efficiency entities to develop and monitor energy efficiency programs, particularly for thermal energy and process-fuel customers, and introduces a funding framework prioritizing greenhouse gas reduction efforts.

Furthermore, the bill outlines specific budget allocations for equitable service provision, requiring at least 25% of funds for residential services targeting low to moderate-income customers and 12.5% for small businesses and non-profits. It also stipulates that costs associated with these services will not be included in cost-effectiveness calculations. By September 1, 2026, the appointed entity must propose a statewide low-income energy efficiency rate for regulated fuels, which the Commission will evaluate. The bill removes previous requirements for a statewide information clearinghouse and whole-building approaches, instead focusing on verified greenhouse gas emission reductions and energy savings. The act is set to take effect on July 1, 2025.

Statutes affected:
As Introduced: 30-209