Vermont Public Utility Commission Approves Amendment to Decommissioning Fund Letter of Credit

Strategic Insights -

The Vermont Public Utility Commission has approved an amendment to the decommissioning fund letter of credit for the Georgia Mountain Community Wind, LLC project in Milton and Georgia, Vermont. The amendment modifies the letter of credit and requires the project holder to file an original paper version with the commission. This decision comes after a review of the amendment, which was filed on December 3, 2024, and was previously approved on September 25, 2024.

Key Takeaways:

  • The Vermont Public Utility Commission has approved an amendment to the decommissioning fund letter of credit for the Georgia Mountain Community Wind, LLC project.
  • The amendment was filed on December 3, 2024, and modifies the original letter of credit approved on September 25, 2024.
  • The project holder, Georgia Mountain Community Wind, LLC, is required to file an original paper version of the fully executed letter of credit with the commission.
  • The commission encourages the project holder to consult its website for information on filing a letter of credit, including a sample letter of credit and drawing certificate.
  • The amendment was reviewed and found to comply with the commission's requirements regarding letters of credit.

Statistics:

  • Case Number: 24-2793-LCOMP
  • Date of Order: January 13, 2025
  • Date of Original CPG: June 11, 2010 (Case No. 7508)
  • Date of Approved Letter of Credit: September 25, 2024
  • Date of Amendment Filing: December 3, 2024

Sources:

  • Case No. 24-2793-LCOMP: Vermont Public Utility Commission Order, January 13, 2025
  • Case No. 7508: Vermont Public Utility Commission Order, June 11, 2010