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House committee reviews Senate amendment to S.50 to allow one-time REC reassignment window
Summary
Representative Kathleen James briefed the committee on a Senate amendment to S.50 that would allow one reassignment of renewable energy credits within 120 days of commissioning and a one-time retroactive reassignment window for systems commissioned between Jan. 1, 2023 and July 1, 2025 if changed before Sept. 2, the committee was told.
Representative Kathleen James told the House Energy and Digital Infrastructure Committee on May 7 that the Vermont Senate has added an amendment to S.50 allowing owners of net-metering systems a one-time reassignment of renewable energy credits (RECs) within 120 days of commissioning, and a retroactive one-time window for systems commissioned between Jan. 1, 2023 and July 1, 2025 if the owner requests reassignment before Sept. 2.
James said the Senate added the 120-day limit after discussion and that the additional retroactive window would permit owners of newer…
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