The 2016 Vermont Comprehensive Energy Plan (CEP) sets out a pathway for Vermont to obtain 90% of its energy from renewable sources by 2050. This ambitous goal calls on all citizens to take actions that will collectively transform the way we use and produce energy in our electric, transportation, and heating sectors. Some of the main policies and incentives available to Vermonters that will help effect this transformation are highlighted below. For an in-depth look at the CEP's goals and recommendations, please visit the Comprehensive Energy Plan page.
With the passage of Act 56 in 2015, Vermont established a Renewable Energy Standard (RES) that requires utilities, by 2032, to:
- Meet 75% of generation with renewable energy (55% in 2017)
- Meet 10% of sales with distributed generation (1% in 2017)
- Meet 12% of sales with "energy transformation projects" (2% in 2017)
Additional information on the RES can be found on the Renewable Energy Standard page.
Net metering makes it easier and more cost effective for Vermonters to generate some or all of their own electricity by installing a renewable energy system that essentially "spins the meter backwards" for a home, business, farm, school, or any other electric utlity customer (or group of customers). Additional information on net metering can be found on the Net Metering page.
In 2009 Vermont created one of the first standard price offerings for renewables in the nation, as part of the state's Sustainably Priced Energy for Economic Development (SPEED) program. The first iteration of the program resulted in fixed-price contracts for 50 MW of in-state renewables projects (up to 2.2 MW each); the next iteration is currently under development and will increase the program by 77.5 MW over the next ten years, for a total of 127.5 MW. More information is available on the Standard Offer page.
The purpose of CEDF is to increase in Vermont the development and deployment of cost-effective and environmentally sustainable electric power resources, primarily with respect to renewable energy resources, and the use of combined heat and power technologies. Additional information on CEDF can be found on the CEDF page.
This webpage provices information and resources regarding renewable energy sources including solar, biomass, wind, and hydropower.