The bill enacted by the General Assembly of the State of Vermont introduces significant changes to the use of thermal energy and process fuel funds aimed at reducing greenhouse gas emissions. It allows a designated retail electricity provider to utilize these 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 the funds be allocated to weatherization and thermal efficiency programs, prioritizing low-income customers and projects requiring upgrades to facilitate these improvements. 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 amends existing laws related to regional planning and energy compliance. It requires regional planning commissions to submit draft regional plans for review and comments, particularly if they seek an optional determination of energy compliance. The amendments clarify the requirements for plans to be consistent with Vermont's greenhouse gas reduction requirements and energy policies. Furthermore, the bill repeals the establishment of the Telecommunications and Connectivity Advisory Board and specifies that it 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
As Enacted: 24-4348, 24-4350, 24-4352