Vermont Net Metering Program May Be Overhauled
Vermont lawmakers are striving to raise the existing cap on the state’s net metering program to match the growing demand for residential renewable energy generation. A bill, approved by the House Natural Resources and Energy Committee last week, offers a fast-track solution ahead of larger changes expected when a federal solar tax credit expires, likely in 2017. The proposed bill would increase the cap on a utility’s total percent of installed net metering wattage during peak demand from 4 percent to 15 percent. Due to the current cap, Vermont Electric Cooperative’s (VEC) net metering program has been on hold since July 2013, when it reached the 4 percent cap. Click here for more information. See the Sutherland Coop Team’s October 3, 2013, post for more on VEC’s net metering dispute.
