An act relating to a thermal efficiency benefits charge

H 354 creates a new "thermal efficiency benefits charge" that Vermont utility customers using unregulated fuels (like oil or propane for heating) would pay as a separate line item on their bills starting July 1, 2025. The funds collected would go into an Electric Efficiency Fund to support programs, including a 25% incentive for installing high-efficiency biomass heating systems (without requiring other energy upgrades). The charge aims to fund societally cost-effective thermal efficiency programs that help meet greenhouse gas reduction goals under Vermont law. It directly affects residential and commercial customers of unregulated fuels, not electricity or natural gas utility customers.