Vermont Renewable Electricity Mandate Status

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Renewable Mandate Status: Not on Track

  • 2009 Qualified Renewable Generation: Effectively 0% (202,620 MW generating; 574,141 generating and capacity; 5,743,863,352 total sales)[i]
  • 2017 Renewable Goal: 20%

Eligible Resources: Solar Water Heat, Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Anaerobic Digestion, Fuel cells using renewable fuels.[ii] To qualify as a SPEED project, the facility must:

  • Be located in Vermont,
  • Produce energy using renewables or qualifying CHP
  • Come into service after December 31, 2004.
  • Apply for and be granted a “Certificate of Public Good.”[iii]

Renewable portfolio history: Vermont’s Sustainably Priced Energy Enterprise Development (SPEED) Program was created by the Vermont Legislature in 2005.[iv] It is not an RPS or goal, which promotes renewable energy development by encouraging long-term contracts for electricity from renewable sources.[v] Legislation made by Vermont in 2008 established the goal of 20% of total statewide electric sales be made of renewable sources by June of 1017.[vi] Minimum obligation: (1) any increase in retail electric sales between 2005-2012 that is also at least 5% of 2005 sales; OR (2) 10% of retail sales in 2005.

Credit Trading: Yes

Noncompliance penalty: None

Electricity Price Ranking: 10th Highest[vii]

  • 13.08 cents/KWh in Vermont
  • 7.67 cents/KWh in non-mandated states

[i]Biennial Report to Vermont Legislature (Feb. 2010),


[iii] Database of state Incentives for Renewable Electricity, Vermont;

[iv] Vermont Statues, (June 14, 2005); 30 V.S.A. § 8001;

[v] Vermont Statues, (June 14, 2005); 30 V.S.A. § 8001;

[vi]Vermont Legislature, (March 2008); S.B. 209;

[vii] EIA, Electric Power Monthly, Table 5.6.B., Average Retail Price of Electricity, June 2010, Released Sept. 15, 2010,

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