VERMONT UTILITIES COULD LOSE MILLIONS OF DOLLARS IN ENERGY CREDITS

By John Herrick, Vermont Digger.

The Legislature next session will decide whether electric utilities should be required to sell renewable energy to customers, rekindling a debate over the price Vermont consumers will pay to reduce greenhouse gas emissions.

The creation of a renewable portfolio standard would establish by law how much electricity generated from wind, solar and other renewable resources utilities must be sold to customers.

Under the state’s current voluntary goal, utilities are allowed to sell renewable power credits out of state to reduce electric rates.

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