PUC to cut new net metering compensation as ‘costliest’ renewable program
Vermont Business Magazine The Vermont Public Utility Commission issued its required update of the state’s net-metering program on June 17. As a result of the adjustments, most existing net-metering systems will see an increase in their compensation. Future systems that apply for permits on and after September 1, 2022, will see a small net decrease in compensation compared to existing systems. The trend toward many more net-metered projects ultimately increases rates for Vermonters who do not or are unable to participate in the net-metering program.