Sign in Subscribe
Public utilities

Vermont Public Utility Commission Approves Solar Facility with Conditional Approval of Decommissioning Fund Letter of Credit

Strategic Insights

— 1 min read

The Vermont Public Utility Commission has approved the installation and operation of a 2.2 MW solar electric generation facility in Fair Haven, Vermont, subject to certain conditions. As part of the conditions, the facility's owner, Evergreen Road Solar LLC, must establish an initial decommissioning fund letter of credit. After two revisions, the Commission has approved the revised letter of credit submitted on November 9, 2022. The approval requires the facility to comply with the Commission's website guidelines for filing a letter of credit.

Key Takeaways:

  • The Vermont Public Utility Commission has approved the construction and operation of a 2.2 MW solar electric generation facility in Fair Haven, Vermont.
  • The facility's owner, Evergreen Road Solar LLC, must establish an initial decommissioning fund letter of credit as part of the conditions of approval.
  • The Commission reviewed and approved the revised letter of credit submitted by the facility's owner on November 9, 2022.
  • The facility's owner is required to consult the Commission's website for information on filing a letter of credit, including a sample letter of credit and drawing certificate.
  • The facility's approval is subject to Evergreen Road Solar LLC meeting the Commission's requirements regarding letters of credit.

Statistics:

  • 2.2 MW: The capacity of the solar electric generation facility approved by the Commission.
  • 11/18/2022: The date of the Commission's order approving the facility's construction and operation.
  • 11/9/2022: The date of the revised letter of credit submitted by the facility's owner and approved by the Commission.
  • 2: The number of revisions submitted by the facility's owner before the Commission approved the letter of credit.

Sources:

1. Vermont Public Utility Commission, Order, Case No. 21-5066-PET, (11/18/2022), p. 1-2.

2. Vermont Public Utility Commission, Order, Case No. 21-5066-PET, (11/18/2022), p. 2.

3. Vermont Public Utility Commission, Order, Case No. 21-5066-PET, (4/15/2022).

4. Vermont Public Utility Commission, Vermont Public Utility Commission website, Electric > Letter of Credit.

Read more