Vermont Energy Efficiency Utility Fund Form

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VERMONT ENERGY EFFICIENCY UTILITY FUND
FY 2003 VEEU Remittance Worksheet Instructions
I. Filing Requirements and General Instructions
A. Introduction
In 1999, the State of Vermont established its first statewide Energy Efficiency Utility. Since
2000, Vermont electric customers have paid an Energy Efficiency Charge (EEC). This charge
was ordered by the Vermont Public Service Board to fund energy efficiency programs for
customers throughout the state of Vermont in Docket No. 5980.
In Docket No. 6741, the Vermont Public Service Board adopted a new established
methodology for billing of the year 2003 EEC for electrical distribution utilities. In Docket No.
6777, the Vermont Public Service Board set the amount to be collected for the year 2003
EEC.
B. Who Must File
All electrical distribution utilities operating in the state of Vermont are required to contribute to
the VEEU Fund. Payment of the EEC by customers of electrical distribution utilities is a
requirement for service and is subject to applicable law and Board rules, including but not
limited to those rules governing deposits and disconnection for non-payment.
C. When and Where to File
The current VEEU contribution period (Fiscal Year 2003) will include revenues from sales for
services rendered from January 1, 2003 and December 31, 2003. The EEC for 2003 should
be affected on bills rendered on or after February 1, 2003, with no proration. Monthly
submissions must be received by the VEEU Fiscal Agent, the NECA Services, Inc. on or
before the 23rd day of each month. The initial FY2003 submission is due by March 24,
2003, based on January data/revenue billed in February. (See Attachment A for the FY2003
VEEU Fund reporting schedule). Worksheets and instructions can be found on the NECA
Services website at:
“Program Administration” “Fund Administration”
D. Compliance
Utilities failing to submit a VEEU Fund worksheet and payment in a timely manner will be
reported as delinquent to the Vermont Public Service Board (VPSB).
Revised 1/03
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