Update: The Proposed CHS in Vermont

In January, Vermont’s Public Utility Commission is scheduled to deliver a proposed Clean Heat Standard to the legislature, according to The Fuel Line, the newsletter of the Vermont Fuel Dealers Association. In early December, the PUC published a draft document that sets first-year obligations for “Obligated Parties” under a potential Clean Heat Standard. The Dec. 13 issue of The Fuel Line noted that the  credit obligation for each company in this draft memo represents fuel brought into Vermont in 2023.

“If the CHS became law, the first payment would occur in 2026 and would reflect gallons sold in 2024,” the newsletter said. However, the newsletter also reported that the PUC acknowledged the data in its draft report was inaccurate, an example being fuel dealer registration data, according to the newsletter. “It’s not just fuel delivered by truck,” the newsletter reported. “Every retail store that sells kerosene or propane from a stationary pump or in a canister must register. Based on publicly available lists, the PUC’s compliance rate is less than 30%.”