Introduced by Representatives Dostis of Waterbury, Canfield of Fair Haven, Darrow of Dummerston, Edwards of Brattleboro, Errecart of Shelburne, Head of S. Burlington, Krawczyk of Bennington, Masland of Thetford, McCullough of Williston, Minter of Waterbury and Pellett of Chester
Subject: Public service; transmission planning
Statement of purpose: This bill proposes to require the public service board to submit to the general assembly recommendations with respect to: how best to make the law clear that planning requirements apply to electricity transmission companies and their activities; how best to integrate electricity transmission planning with the integrated planning of regulated companies so as to arrive at an overall least cost solution for the state; and how best to assure implementation of the plan that is developed. The bill proposes to provide that a transmission project shall be eligible for a certificate of public good only if the public service board finds that the project will provide electricity at the lowest present value life cycle cost, including environmental and economic costs, through a strategy combining investments and expenditures on energy supply, transmission and distribution capacity, transmission and distribution efficiency, and comprehensive energy efficiency programs.
AN ACT RELATING TO THE TRANSMISSION OF ELECTRICITY AND LEAST COST INTEGRATED PLANNING
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. INTEGRATED ELECTRICITY TRANSMISSION PLANNING
(a) By no later than January 15, 2006, the public service board shall submit recommendations to the general assembly with regard to:
(1) How best to make the law clear that electricity planning requirements apply to electric transmission companies operating within the state.
(2) How best to integrate transmission load planning with the integrated resource planning of regulated companies under 30 V.S.A. § 218c, so as to arrive at an overall least cost solution for the state’s electricity system.
(3) How best to assure the implementation of the plan that is to be developed, as well as how best to assure compliance with the plan.
(b) The recommendations shall be in the form of draft legislation, and shall be developed with the input of the public and the assistance of a collaborative that is to be composed of representatives from the electric utilities, industry, renewable energy industry, ratepayers, environmental groups, and consumer groups, the department of public service, and other stakeholders identified by the board.
Sec. 2. 30 V.S.A. § 248(m) is added to read:
(m) A certificate under subsection (a) of this section for a transmission facility shall be granted only if the board finds that, after safety concerns are addressed, the project will provide electricity at the lowest present value life cycle cost, including environmental and economic costs, through a strategy combining investments and expenditures on energy supply, transmission and distribution capacity, transmission and distribution efficiency, and comprehensive energy efficiency programs.
The Vermont General Assembly
115 State Street