Source: https://law.justia.com/codes/vermont/2012/title30/chapter5/section218c
Timestamp: 2019-12-09 23:11:03
Document Index: 761611102

Matched Legal Cases: ['§ 218', '§ 218', '§ 218', '§ 218', '§ 218', '§ 582', '§ 2', '§ 2', '§ 7', '§ 9', '§ 13', '§ 25', '§ 11']

30 V.S.A. § 218c. :: § 218c Least cost integrated planning :: 2012 Vermont Statutes :: US Codes and Statutes :: US Law :: Justia
Justia US Law US Codes and Statutes Vermont Statutes 2012 Vermont Statutes Title 30 Public Service Chapter 5 POWERS AND DUTIES OF DEPARTMENT OF PUBLIC SERVICE AND PUBLIC SERVICE BOARD AS TO COMPANIES OTHER THAN RAILROADS AND AIRCRAFT § 218c Least cost integrated planning
Chapter 5 POWERS AND DUTIES OF DEPARTMENT OF PUBLIC SERVICE AND PUBLIC SERVICE BOARD AS TO COMPANIES OTHER THAN RAILROADS AND AIRCRAFT
§ 218c Least cost integrated planning
30 V.S.A. § 218c. What's This?
(a)(1) A "least cost integrated plan" for a regulated electric or gas utility is a plan for meeting the public's need for energy services, after safety concerns are addressed, 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. Economic costs shall be assessed with due regard to:
(A) the greenhouse gas inventory developed under the provisions of 10 V.S.A. § 582;
(B) the state's progress in meeting its greenhouse gas reduction goals;
(C) the value of the financial risks associated with greenhouse gas emissions from various power sources; and
(D) consistency with section 8001 (renewable energy goals) of this title.
(b) Each regulated electric or gas company shall prepare and implement a least cost integrated plan for the provision of energy services to its Vermont customers. At least every third year on a schedule directed by the public service board, each such company shall submit a proposed plan to the department of public service and the public service board. The board, after notice and opportunity for hearing, may approve a company's least cost integrated plan if it determines that the company's plan complies with the requirements of subdivision (a)(1) of this section and is reasonably consistent with achieving the goals and targets of subsection 8005(d)(2017 SPEED goal; total renewables targets) of this title.
(d)(1) Least cost transmission services shall be provided in accordance with this subsection. Not later than July 1, 2006, any electric company that does not have a designated retail service territory and that owns or operates electric transmission facilities within the state of Vermont, in conjunction with any other electric companies that own or operate these facilities, jointly shall prepare and file with the department of public service and the public service board a transmission system plan that looks forward for a period of at least 10 years. A copy of the plan shall be filed with each of the following: the house committees on commerce and on natural resources and energy and the senate committees on finance and on natural resources and energy. The objective of the plan shall be to identify the potential need for transmission system improvements as early as possible, in order to allow sufficient time to plan and implement more cost-effective nontransmission alternatives to meet
reliability needs, wherever feasible. The plan shall:
(2) Prior to the adoption of any transmission system plan, a utility preparing a plan shall host at least two public meetings at which it shall present a draft of the plan and facilitate a public discussion to identify and evaluate nontransmission alternatives. The meetings shall be at separate locations within the state, in proximity to the transmission facilities involved or as otherwise required by the board, and each shall be noticed by at least two advertisements, each occurring between one and three weeks prior to the meetings, in newspapers having general circulation within the state and within the municipalities in which the meetings are to be held. Copies of the notices shall be provided to the public service board, the department of public service, any entity appointed by the public service board pursuant to subdivision 209(d)(2) of this title, the agency of natural resources, the division for historic preservation, the department of health, the byways advisory counc
il, the agency of transportation, the attorney general, the chair of each regional planning commission, each retail electricity provider within the state, and any public interest group that requests, or has made a standing request for, a copy of the notice. A verbatim transcript of the meetings shall be prepared by the utility preparing the plan, shall be filed with the public service board and the department of public service, and shall be provided at cost to any person requesting it. The plan shall contain a discussion of the principal contentions made at the meetings by members of the public, by any state agency, and by any utility.
(7) Before the department of public service takes a position before the board concerning the construction of new transmission or a transmission upgrade with significant land use ramifications, the department shall hold one or more public meetings with the legislative bodies or their designees of each town, village, or city that the transmission lines cross, and shall engage in a discussion with the members of those bodies or their designees and the interested public as to the department's role as public advocate. (Added 1991, No. 99, § 2; amended 1999, No. 60, § 2, eff. June 1, 1999; 1999, No. 157 (Adj. Sess.), § 7; 2005, No. 61, § 9; 2007, No. 209 (Adj. Sess.), § 13; 2011, No. 62, § 25; 2011, No. 170 (Adj. Sess.), § 11.)