In his annual budget address, Governor Phil Scott today proposed a range of clean energy investments to lower energy burdens and climate pollution while supporting Vermont’s economy. The Governor’s climate economy proposals include $10 million toward an initiative to bring local, renewable energy to those with low and moderate incomes, $5 million to accelerate Vermont’s transition to electric and more fuel-efficient vehicles, and $20 million for weatherization and energy efficiency.
In the following statement, Olivia Campbell Andersen, Renewable Energy Vermont’s Executive Director expressed support, citing the benefits these proposals offer to all Vermonters.
“Every Vermonter, particularly those with the highest energy burdens, must be able to equitably access local solar, electric vehicles, and efficient homes. The Governor’s proposed support for expanding energy efficiency and climate resilience with local renewable energy will save Vermonters money on their energy bills, make their homes more comfortable and reduce climate pollution.
State energy investments should leverage both private capital and federal funds to lower energy burdens and help grow existing and new businesses to maximize the number of Vermonters served. More than 18,900 hardworking Vermonters are employed in renewable energy, clean transportation, and efficiency jobs, representing 6.1% of Vermont’s workforce. Targeted investments in these sectors will provide immediate economic benefits to communities rebuilding from the devastation of COVID-19.
The Governor’s proposal will also help more Vermonters access electric vehicles, saving millions of dollars in transportation costs. For every $1 invested in EV incentives Vermonters save more than $3 on gas, car maintenance, and health bills.
We look forward to working with the Governor and legislators to advance necessary climate budget and policy proposals that expand Vermonters’ ability to make choices about their energy.”