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Public utilities

Vermont Public Utility Commission Approves 2022 Updates to Energy Efficiency Utility Plans

Strategic Insights

— 1 min read

The Vermont Public Utility Commission has approved the 2022 updates to the energy efficiency utility (EEU) plans of Vermont's three energy efficiency utilities: Efficiency Vermont, Vermont Gas Systems, Inc., and the City of Burlington Electric Department. The EEU plans outline the utilities' strategies for providing energy efficiency services during the 2021-2023 performance period. The Commission commended the EEUs on their 2022 annual plan updates and acknowledged the increased challenges brought about by the pandemic and associated economic uncertainty.

Key Takeaways:

  • The Vermont Public Utility Commission has approved the 2022 updates to the EEU plans of Efficiency Vermont, Vermont Gas Systems, Inc., and the City of Burlington Electric Department, with the plans outlining the utilities' strategies for providing energy efficiency services during the 2021-2023 performance period.
  • The EEU plans include thermal energy and process fuel (TEPF) plans, which are subject to the Commission's approval.
  • The Commission commended the EEUs on their 2022 annual plan updates and acknowledged the increased challenges brought about by the pandemic and associated economic uncertainty.
  • The EEUs have been directed to work with the Department to revise their goals and budgets should they find it necessary to do so.
  • The recent approval of a $20 million Net Zero Energy Revenue Bond for the City of Burlington Electric Department may cause changes to their planned EEU activities.
  • The Commission will take no further action at this time with respect to the triennial plan and annual plan updates filed by the EEUs.

Statistics:

  • The EEU plans are subject to the Commission's approval.
  • The Commission has approved the 2022 updates to the EEU plans of Efficiency Vermont, Vermont Gas Systems, Inc., and the City of Burlington Electric Department.
  • The EEUs' TEPF customer programs are subject to subsequent amendment as required by Commission orders in other proceedings.
  • The amount of the Net Zero Energy Revenue Bond approved for the City of Burlington Electric Department is $20 million.
  • The pandemic and associated economic uncertainty are expected to increase the challenges faced by the EEUs in implementing their energy efficiency plans.

Sources:

  • Vermont Public Utility Commission, Case No. 21A-4616: City of Burlington Electric Department 2022 EEU Annual Plan
  • Vermont Public Utility Commission, Case No. 21A-4613: Vermont Gas Systems, Inc. Updated 2022 Triennial 2021-2023 Plan
  • Vermont Public Utility Commission, Case No. 21-4611-PET: Efficiency Vermont - Vermont Energy Investment Corporation 2022 Update to the 2021-2023 Efficiency Vermont Triennial Plan

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