Vermont Passes Renewable Energy Feed-in Tariff

Posted on June 2, 2009 by Katherine A. Roek

Vermont has enacted into law legislation that establishes minimum rates to be paid by electric customers for certain renewable energy sources in long-term fixed-price contracts. 

Key elements of the bill include a project size cap of 2.2 MW, for a total program cap of 50 MW, a specified contract term of 20 years (except solar contracts, which will be 25 years), and tariffs in the following amounts: wind energy projects less than 15 kW, $0.20/kWh; landfill and biogas, $0.12/kWh; solar, $0.30/kWh; and wind projects greater than 15 kW, hydropower, or other biomass, a formula using the state's average residential electricity rate.  A regulatory examination of the tariffs will begin by September 15, 2009, with new rates to be set by January 15, 2010.
 

Tags: , , ,
Trackbacks (0) Links to blogs that reference this article Trackback URL
http://www.lawofrenewableenergy.com/admin/trackback/136574
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to send a comment to the editor. Please do not include any information that you or someone else considers to be confidential in nature. Without prior establishment of an attorney-client relationship, unsolicited messages containing confidential information cannot be protected from disclosure.







Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.