Standard Offer Program
*According to the VEPP program, the 2022 RFP was the final solicitation year for the Standard Offer program, until further notice from the Vermont Public Utility Commission.
Background
In May 2009, Vermont enacted legislation requiring all Vermont retail electricity providers to purchase electricity generated by eligible renewable energy facilities through the Sustainably Priced Energy Enterprise Development (SPEED) Program via long-term contracts with fixed standard offer rates. This policy, commonly known as a "feed-in tariff", is intended to provide a reasonable return on investment to renewable energy facility developers, thereby spurring deployment of renewable energy. In June 2015, Vermont enacted legislation
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