Bill H.940 proposes amendments related to the use of thermal energy and process fuel funds in Vermont, specifically aimed at reducing greenhouse gas emissions. It allows a designated retail electricity provider to utilize available thermal energy funds for programs that decrease fossil fuel use and emissions in the thermal energy and transportation sectors, regardless of the customer's existing fuel source. The bill mandates that at least 60% of these funds be allocated to weatherization and thermal efficiency programs, prioritizing low-income customers. Additionally, the provider must seek approval from the Public Utility Commission (PUC) for planned expenditures and report annually on program participation and customer feedback.

The bill also includes amendments to the regional planning process, requiring regional planning commissions to submit draft plans for review and comments, particularly if seeking an optional determination of energy compliance. It modifies the requirements for municipal plans to ensure consistency with state energy goals and planning standards. Notably, it repeals the establishment of the Telecommunications and Connectivity Advisory Board and specifies that the act will take effect upon passage.

Statutes affected:
As Introduced: 24-4348, 24-4350, 24-4352
As Passed By the House -- Official: 24-4348, 24-4350, 24-4352
As Passed By the House -- Unofficial: 24-4348, 24-4350, 24-4352
As Passed by Both House and Senate -- Official: 24-4348, 24-4350, 24-4352
As Passed by Both House and Senate -- Unofficial: 24-4348, 24-4350, 24-4352