On March 20, 2008, Governor Jim Douglas signed into law Senate Bill S.209, the Energy Efficiency and Affordability Act of 2008.  The act establishes a statewide goal of producing 25 percent of the energy consumed in the state from renewable sources, particularly Vermont’s farms and forests, by 2025.  The act increases the use of net metering in the state and expands the use of biodiesel in state buildings and the state’s vehicle fleet.  It also includes new funding for efficiency programs that will coordinate expertise, technical assistance, and resources, as well as tax incentives designed to help promote investment in renewable energy resources.  In addition, the act establishes a fuel efficiency fund, financed by revenues from the sale of the state’s emission allowances under the Regional Greenhouse Gas Initiative’s (RGGI) cap-and-trade program.

Energy Efficiency and Affordability Act of 2008 [1]