Energy Savings Accounts
As required by Vermont law, the Public Service Board (Board) has established a process by which a customer who pays an average annual Energy Efficiency Charge (EEC) of at least $5,000 may apply to the Board to self-administer energy efficiency through the use of an energy savings account (ESA). Customers with an energy savings account are able to use a portion of their EEC payments to support energy efficiency projects in their facilities. The Board-approved process is described in the Energy Savings Account Implementation Document.
Efficiency Vermont has developed materials to help customers who are interested in this option:
To apply for an energy savings account, download the Energy Savings Account Application Form and the Energy Savings Account Terms and Conditions. Then file the complete application package via ePSB and that system will provide notice of the application to the other required parties. If you prefer to mail your application package to the Board, you must also mail a copy of the application package to the other required parties listed on the application form.
If you are interested in documents related to the development of the Energy Savings Account option, go to ePSB and search for case numbers EEU-2013-02 and EEU-2014-02. When reading these documents, please note that the requirement for an energy savings account program was originally codified in 30 V.S.A. § 209(d)(4). However, in 2013, changes were made to § 209 such that the requirement is now codified in 30 V.S.A. § 209(d)(3)(B).