H.40 Will Repeal SPEED and Enact RESET In our previous update, we described the questions of legitimacy that surround Vermont’s SPEED program. These questions resulted in the creation of H.40, a House bill that would repeal SPEED and establish a new energy program, called RESET. We noted that we support the repeal of SPEED, but […]
Reposted from VTDigger. Gov. Peter Shumlin touted Vermont’s progress in the renewable energy field with the signing of three bills at a small hydroelectric and solar project Friday.
After weeks of debate about how to payback the money ratepayers loaned to CVPS in the ’90s, the big news this week came when the Department of Public Service announced they had reached an agreement (MOU) with GMP and CVPS not to oppose the merger if the companies agreed to a handful of concessions.
The Renewable Portfolio Standard (RPS) bill passed the House this week with a vote of 91-46. The bill sets goals for the amount of renewable energy the utilities will need to purchase over the next four decades, and provides them with several options to achieve those goals.
Reposted here from the Rutland Herald. Published: January 22, 2012 The Shumlin administration’s recent development of a comprehensive energy plan for Vermont sets a laudable goal of attaining 90 percent of our energy from renewable resources by midcentury. Unfortunately, Vermont’s current state renewable energy policy (the Vermont SPEED program) is badly flawed. Rather than […]