§ 8006 — Tradeable credits; environmental attributes; recognition, monitoring, and disclosure

Vermont § 8006

• Jurisdiction: Vermont
• Title 30: Title 30: Public Service
• Ch. 89: Chapter 089: Renewable Energy Programs

Text

(a) The Commission shall establish or adopt a system of tradeable renewable energy credits for renewable resources that may be earned by electric generation qualifying for the RES. The system shall recognize tradeable renewable energy credits monitored and traded on the New England Generation Information System (GIS); shall provide a process for the recognition, approval, and monitoring of environmental attributes attached to renewable energy that are eligible to satisfy the requirements of sections 8004 and 8005 of this title but are not monitored and traded on the GIS; and shall otherwise be consistent with regional practices.
(b) The Commission shall ensure that all electricity provider and provider-affiliate disclosures and representations made with regard to a provider’s portfolio are accurate and reasonably supported by objective data. Further, the Commission shall ensure that providers disclose the types of generation used and shall clearly distinguish between energy or tradeable energy credits provided from renewable and nonrenewable energy sources and existing and new renewable energy.

Legislative History

(Added 2005, No. 61, § 4; amended 2011, No. 47, § 18; 2015, No. 56, § 7.)