Standard Offer

Standard Offer Program

In 2009, the Vermont legislature amended the Sustainably Priced Energy for Economic Development (SPEED) program to include a standard offer, through which renewable energy developers can receive from each utility a long-term, fixed-price contract for renewables facilities up to 2.2 MW in size. The original program cap was 50 MW, which was amended to 127.5 MW in Act 170 of the 2011-2012 legislative session (built up over time, through 2022). For more information on the current program design, please visit the website of the Vermont SPEED facilitator.