Vermont Increases Tariffs on Solar and Wind

Vermont recently introduced an increase in its tariff scheme for solar photovoltaic and wind turbines. After much discussion, (some it still ongoing) Vermont's Public Service Board (PSB) raised the solar PV tariff nearly 18%, and raised the tariff on small wind turbines almost 13 percent.

This increased tariff is not welcomed by the folks investing in, and encouraging investment in, renewable energy in Vermont. In fact,  according to this article authored by the principle of AllEarth Renewable, the over all performance of the state's renewable energy program has been fairly limited. And this tariff increase is another hindrance. Although a number of solar projects are slated for 2012, by the end of 2011, only 4 projects and one hydro project had been built. The article points out how underwhelming these numbers are, as it compares the state of Vermont As the article points out-  compared to Gainesville, Florida- which has installed double the amount of solar PVs with a population of only a fraction of Vermont's.

Renewable Energy Vermont (REV), a group advocating for increased investment in renewables, has argued that Vermont is moving too slowly with it's renewable programs and that they aren't achieving the standards outlined in the original legislation. REV has also disagreed with the manner in which the PSB has modeled the solar project performance and costs, and thus has found decisions  like this tariff increase misguided.   Review the PSB's calculations for yourself, and read  more here about REV's argument and  this ongoing debate that will likely impact investments in renewable energy in Vermont.