SunCommon expands its territory and announces plan that lets homeowners pay for solar arrays through energy savings.
Lawmakers raise cap on renewable energy projects and allow Efficiency Vermont to underwrite heat pumps.
The measure would raise the amount of energy utilities would have to include in the program from 4 percent to 15 percent of its peak demand from the previous year.
The measure would raise the cap on how much of a utility’s energy demand could be taken up by renewable projects. It’s seen as a bridge to a scheduled makeover of the program in 2017.
State’s second-largest utility would cut net-metering credits from 20 cents per kilowatt-hour to 12.5 cents for 10-year contracts.
Washington Electric is the latest utility to hit the cap on net-metering projects. Advocates say the program is working as designed.
The question now being raised is whether a utility can continue to reimburse customers at a higher rate, after hitting the 4 percent threshold.
Hardwick Electric won’t accept new projects, saying lost revenue leaves it short on maintenance funds. Lawmaker says problem can be fixed.