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Energy Disclosure Ordinance Tweaked, Approved - The Montpelier Bridge

The Montpelier Bridge
The Montpelier City Council last week approved a controversial ordinance that would require residential home sellers to disclose to prospective buyers the amount of energy they use to heat, cool, and run their homes but not right away.
After hearing complaints from residents who suggested that the website used to produce the required Vermont Home Energy Profile was not ready for primetime, the council agreed to postpone making the ordinance mandatory until July 1, 2022.
The original ordinance called for the law to become mandatory in July of this year. The additional year of voluntary compliance would give the operators of the site, Clearly Energy, time to improve the user experience, the council said. The council also reduced the cap on the amount of fines for non-compliance from $1,000 to $500, once the mandatory phase begins. ....

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City Seeks to Require Energy Cost Disclosure - The Montpelier Bridge

The Montpelier Bridge
A sample energy disclosure. Courtesy Northeast Energy Efficiency Partnerships.
Montpelier residents would be required to disclose their home’s annual energy cost when selling their property under an ordinance proposed by the city council.
If approved, the measure would require home sellers to obtain a free Vermont Home Energy Profile (VHEP) and provide the results to realtors and prospective buyers. The profile includes an annual cost estimate for heating, cooling, and electricity use and applies an algorithm that scores the home on its energy consumption.
City officials say the profile is good for buyers and sellers by informing the owner of his or her current energy use and offers consumer protection for buyers by educating them on what improvements might be needed to lower energy costs. ....

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Vermont Legislative Update 02-05-2021 - An analysis from DRM's Government & Public Affairs Team | Downs Rachlin Martin PLLC

Project based TIFs would expand rural redevelopment
The Senate Committee on Economic Development, Housing and General Affairs is considering S.33, a bill that would allow more towns to apply for project-based tax increment financing. TIFs allow municipal governments to fund new private infrastructure projects through the anticipated tax revenue that results from the new projects.
S.33 would create a pilot program limited to six projects with a $1.5 million cap per application. This bill was considered last year with a higher limit but was lowered to get the support of the Senate Finance Committee chair. Witnesses testified this week in favor of increasing the cap to at least $4 million. ....

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