Making a difference is our practice
As we previously reported, on March 1st the Vermont Public Service Board (PSB) significantly overhauled the Standard Offer program for renewable energy projects, switching to a new Request for Proposal (RFP) process. Under the revised program, the SPEED Facilitator will issue an annual RFP in increments of 5 MW (increasing at certain fixed points), until [...]
The U.S. Treasury made the following announcement last week to implement the sequestration cuts required by the Balanced Budget and Emergency Deficit Control Act of 1985, as amended. [P]ayments issued under Section 1603 of the American Recovery and Reinvestment Tax Act of 2009 for specified energy property in lieu of tax credits, are subject to sequestration. [...]
Back in May 2012, the Vermont Legislature enacted into law (Act 170) significant changes to the “SPEED” Standard Offer program for in-state renewable electric energy projects with a capacity of 2.2 megawatts or less. In an Order issued on March 1, 2013 (Dockets 7873/7874), the Vermont Public Service Board implemented the new statutory mandates, including [...]
The Vermont Public Service Board has seen a spate of activity over the past several months in the renewable energy arena. This has included both broad policy setting as well as project-specific decisions. Much of the activity has centered around the Standard Offer Program. The SPEED Standard Offer Program, created by the Legislature in 2009, established [...]
This blog is only intended to provide information, news, and commentary on current events. It is NOT legal advice. Readers … more
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