The Vermont State Legislature passed the Clean Energy Assessments District bill (S.54) on April 21. The passage of this bill reflects the growing want and need of Vermonters to individually help move the state forward by finding new ways to save energy and to create renewable resources and alternatives for energy in order to combat climate change. This bill will make it much easier and more affordable for Vermont property owners to tackle individual energy efficiency projects. Towns will be able to use any of their financing mechanisms to help make money available for property owners. Property owners essentially would be allowed to borrow money from the town on a 20-year, low-interest term to complete energy efficiency projects such as installing solar panels or weatherizing their homes.
