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S.205

Introduced by   Senator Starr of Essex-Orleans District

Referred to Committee on

Date:

Subject:  Public service; certificate of public good; facility dismantling

Statement of purpose:  This bill proposes to add a new requirement to the process under which the public service board issues a certificate of public good before an electric facility may be constructed in the state.  It proposes to assure that any certificate of public good for an in-state facility require that the facility be dismantled and decommissioned at the end of its useful life and that funds be available for these purposes.

AN ACT RELATING TO REQUIRING THE DISMANTLING OF IN‑STATE ELECTRIC FACILITIES AT THE END OF THEIR USEFUL LIFE

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  30 V.S.A. § 248(b) is amended to read:

(b)  Before the public service board issues a certificate of public good as required under subsection (a) of this section, it shall find that the purchase, investment, or construction:

* * *

(9)  with respect to a waste to energy facility, is included in a solid waste management plan adopted pursuant to 24 V.S.A. § 2202a, which is consistent with the state solid waste management plan; and

(10)  except as to a natural gas facility that is not part of or incidental to an electric generating facility, can be served economically by existing or planned transmission facilities without undue adverse effect on Vermont utilities or customers; and

(11)  with respect to an in-state facility, is subject to binding requirements that the facility and any ancillary improvements be dismantled and decommissioned at the end of the facility’s useful life.  These requirements shall be met in a manner specified by the board, which shall include requiring the posting of a bond or other security acceptable to the board as being adequate to finance dismantling and decommissioning activities.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us