% of Vermont retail electric sales from renewable energy
Current Value
79.70%
Definition
Story Behind the Curve
Electric Utilities have found value in having an electric portfolio with REC attributes in excess of requirements in order to facilitate electrification, as well as a tool to communicate with customers.
Benchmarks
Renewable Energy Standard. In 2021, the RES required 59% of retail sales to be met by renewable energy, as evidenced by retirement of Renewable Energy Credits, which are attributes associated with generated electricity.
Notes on Methodology
Data still being cleaned and finalized, subject to slight changes. Percent renewable reflects REC retirements- physical delivery of power (via contracts or ownership) reflects a lower amount of renewability. (~65-70%)