Aaron7
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Good article but a couple of statements are inaccurate. Â They are: Â "The first review begins September 15, 2009 when the PSC will open a case on the tariffs contained in the legislation" and "Open a regulatory examination of the tariffs by September 15, 2009 and new rates set in January, 2010."
The law actually requires the Public Service Board in Vermont to open and COMPLETE a workshop proceeding by 9/15/09 to determine whether the rates in the law constitute a "reasonable approximation" of the rates that would be reached applying the law's pricing criteria and if not set interim prices that do constitute such an approximation. Â Then the standard offer would go into effect on 9/30/09 either with the prices in the law or the interim prices set by the PSB in that proceeding. Next, by 1/15/10 the PSB would complete a fully analysis using the pricing criteria in the law and set new prices that would be reviewed at least every two years after.
On Vermont feed-in tariffs become law posted 6 months ago 2 Responses