Vermont § 168a Municipal Energy Loan Program

Vermont Statutes

§ 168a — Municipal Energy Loan Program

Vermont § 168a

Title 29Title 29: Public Property and Supplies

Ch. 5Chapter 005: Department of Buildings and General Services

This text of Vermont § 168a (Municipal Energy Loan Program) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 29, § 168a (2026).

Text

(a)Authority. The Department of Buildings and General Services is authorized to provide financing to municipalities through the Municipal Energy Loan Program for equipment replacement, studies, weatherization, construction of improvements affecting the use of energy resources, the implementation of energy efficiency and conservation measures, and the use of renewable resources.

(b)Loan eligibility and criteria. The Commissioner shall establish for the Program described in subsection (a) of this section:

(1)criteria to determine eligibility for funding, including repayment terms;

(2)a priority basis for the selection process that ensures equitable allocation of funds to municipalities, considering at least financial need, geographic distribution, and ability to repay; and

(3)loan condi

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(a) Authority. The Department of Buildings and General Services is authorized to provide financing to municipalities through the Municipal Energy Loan Program for equipment replacement, studies, weatherization, construction of improvements affecting the use of energy resources, the implementation of energy efficiency and conservation measures, and the use of renewable resources.
(b) Loan eligibility and criteria. The Commissioner shall establish for the Program described in subsection (a) of this section:
(1) criteria to determine eligibility for funding, including repayment terms;
(2) a priority basis for the selection process that ensures equitable allocation of funds to municipalities, considering at least financial need, geographic distribution, and ability to repay; and
(3) loan conditions that ensure accountability by a municipality receiving funds.
(c) Definitions. As used in this section:
(1) “Energy efficiency improvement” has the same meaning as in section 168 of this title.
(2) “Covered municipality” means a city, town, fire district or incorporated village, and all other governmental incorporated units except for school districts.
(3) “Renewables” has the same meaning as in 30 V.S.A. § 8002.
(4) “Resource conservation measures” has the same meaning as in section 168 of this title. (Added 2021, No. 172 (Adj. Sess.), § 5, eff. July 1, 2022.)