An act relating to energy efficiency modernization

This bill allows Vermont electric utilities to use up to $2 million annually from their energy efficiency budgets to fund programs that reduce greenhouse gas emissions in heating and transportation sectors. The programs must be statewide, work alongside existing utility projects, and avoid duplicating state agency initiatives. Utilities must partner with retail electricity providers to deliver these services, and the Public Utility Commission will report annually on program effectiveness. The law applies from 2021 through 2027 and includes special provisions for funding thermal and transportation efficiency measures, with emphasis on helping high-consumption and low-income households transition to electric vehicles.