Vermont Senate passes 2023 budget, expands funding for AMI

FOR IMMEDIATE RELEASE
April 21, 2022

CONTACT:
Julia Leopold
Cellphone: (802) 884-4488
E mail: [email protected]

Vermont Senate Passes 2023 Funds, Expands Funding for AMI
Equitable electrical infrastructure help supplied to Vermonters

Waterbury Middle, Vermont – The Vermont Senate has permitted an $8 billion finances that features a vital funding for superior metering infrastructure (AMI) in public energy communities. The finances handed the Senate on Wednesday, April 20, 2022.

In March, Home lawmakers acknowledged a necessity for AMI funding for municipal and cooperative electrical utilities. The Home handed its model of the finances invoice with $5 million in one-time funding from the Basic Fund appropriated to AMI. The Senate Appropriations Committee then supplied unanimous help for an extra $3 million in funding, for a complete $8 million in the direction of the inexpensive, equitable implementation of AMI in Vermont’s rural communities.

“VPPSA want to thank each Home and Senate legislators for the inclusion of AMI funding within the finances,” mentioned VPPSA Basic Supervisor, Ken Nolan. “We’re grateful to the leaders who’re serving to create an equitable transition to a clear power future the place electrical energy stays inexpensive.”

The $8 million of AMI funding will likely be administered by the Vermont Division of Public Service. Will probably be utilized as a reimbursement to municipal and cooperative electrical utilities that implement AMI techniques which have been permitted by the Public Utilities Fee.

The invoice will now doubtless head to a convention committee consisting of Home and Senate negotiators. Motion on the finances will likely be taken by Vermont Governor Phil Scott later this spring.
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About Vermont Public Energy Provide Authority (VPPSA)
VPPSA supplies municipal electrical utility members with a broad spectrum of providers and options, together with regulatory help, monetary planning, and energy provide. VPPSA members embrace Barton Village, Village of Enosburg Falls, Hardwick Electrical Division, Village of Jacksonville Electrical Firm, Village of Johnson Electrical Division, Ludlow Electrical Gentle Division, Lyndonville Electrical Division, Morrisville Water & Gentle Division, City of Northfield Electrical Division, Village of Orleans, and Swanton Village Electrical Division. For extra info, go to www.vppsa.com.