Vermont Public Utility Commission Approves Transfer of Solar Power Facility

The Vermont Public Utility Commission has issued an order approving the transfer of a 4.9 MW solar electric generation facility in Panton, Vermont, from GMPSolar - Panton, LLC to Green Mountain Power Corporation. The decision, made on September 12, 2022, allows GMP to assume full responsibility for the facility and amend the certificate of public good to remove conditions related to a decommissioning fund. The transfer is seen as a way to simplify ownership and reduce costs for GMP customers.

Key Takeaways:

• The Vermont Public Utility Commission has approved the transfer of a 4.9 MW solar electric generation facility from GMPSolar - Panton, LLC to Green Mountain Power Corporation.
• The Commission has also amended the certificate of public good to remove conditions related to a decommissioning fund.
• The facility was originally issued a certificate of public good on July 8, 2016, and was commissioned on December 21, 2016.
• The ownership structure of the facility has changed, with GMP now owning 95% of the net power purchase agreement proceeds and GMPSolar retaining 5%.
• GMP has agreed to be fully bound by and comply with the terms and conditions of the certificate of public good.
• The transfer is seen as a way to simplify ownership and reduce costs for GMP customers.

Statistics:

• 4.9 MW: the size of the solar electric generation facility.
• 7/8/2016: the date on which the facility was issued a certificate of public good.
• 12/21/2016: the date on which the facility was commissioned.
• 95%: the percentage of the net power purchase agreement proceeds owned by GMP.
• 5%: the percentage of the net power purchase agreement proceeds retained by GMPSolar.

Sources:

• Vermont Public Utility Commission Case No. 22-2371-PET, dated September 12, 2022.
• Commission Rule 5.904(b)(2) (previously Rule 5.402(C)(2)).
• Vermont Department of Public Service, filed comments on August 1, 2022.