VGS Plans to Eliminate Greenhouse Gas Emissions by 2050
Vermont Business Magazine VGS announced today an ambitious and comprehensive strategy to transform the company and eliminate greenhouse gas (GHG) emissions by 2050. The company outlined three key strategies to achieve the near-term goal of a 30% greenhouse gas reduction in customers’ homes and businesses by 2030: doubling energy efficiency savings with a $20 million upfront investment; significantly expanding renewable natural gas for customers; and strengthening partnerships to advance projects such as district energy in Burlington and Middlebury, and a net zero home pilot program.
Ratepayers will be part of the process and would see an average $3 monthly increase on their bills. Rendall noted that ratepayers have seen their annual costs go down about $250 over the last 10 years, not even accounting for inflation.
By Vermont Biz