Efficiency Vermont rate reduction in 2022

Coop CurrentsCoop News

And other brief updates from this issue of Co-op Currents

As provided by state law, the Energy Efficiency Charge (EEC) is collected by all Vermont electric utilities and paid directly to the statewide Energy Efficiency Utility (Efficiency Vermont).

This year, Efficiency Vermont will continue to maintain a flat budget, while reducing residential EEC rates by 8 percent, and keeping commercial and industrial rates flat for 2022. Members may be eligible for services from Efficiency Vermont. Contact them at 1-888-921-5990.

The 2022 electric Energy Efficiency Charge (EEC) rates for WEC members are:

RATES FOR RESIDENTIAL MEMBERS:

$0.01093/kwh

RATES FOR COMMERCIAL MEMBERS:

$0.01024/kwh

RATES FOR MEMBERS WITH DEMAND CHARGES (large power tariff):

$0.00662/kwh plus

$1.13825/kw

RATES FOR UNMETERED SECURITY LIGHTS

$0.01024/kwh times nominal wattage of light times 360 hours per month

MONTHLY FIXED FEES FOR NET METERING MEMBERS WITHOUT PRODUCTION METER

Residential $6.26 per month

Commercial $6.33 per month

Large Power $85.53 per month


Supply chain delays disrupt PowerShift program

WEC is facing multi-month transformer shipment delays, which may impact members’ ability to add new large electric loads to their homes. If you are considering adding an electric vehicle or other large electric load to your home, call WEC first: 802-223-5245 or toll-free at 1-800-932-5245.  We can assess your current transformer load and provide guidance.  

Due to supply chain delays, PowerShift enrollment is suspended until late 2022. If you would like to join the program when it reopens, fill out the form at efficiencyvermont.com/powershift. Space is limited and devices are available on a first come first served basis.


Apply for up to $30K in grants to cover COVID-related hardship

Vermont is accepting applications for its Homeowner Assistance Program, funded by the American Rescue Plan Act. Eligible applicants facing COVID-related hardship may receive up to $30,000 for overdue mortgage payments, utility bills, property taxes, and association fees. 

Visit vermonthap.vhfa.org or call the hotline at 833-221-4208, 9 AM-4 PM Monday through Friday.


Bylaw amendment on the ballot in 2022

In 2022, the Board of Directors will put forth an amendment to WEC’s bylaws under Article II: Meetings of Members. The proposed bylaw amendment will allow for electronic meetings and electronic voting among the membership. Full text and context of the proposed bylaw amendment and a ballot will be mailed to all members along with the Board of Directors election ballot and the April issue of Co-op Currents.