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S 138·VT·senate

An act relating to commercial property-assessed clean energy projects

FailedFiled Apr 1, 2025
Sponsor: Thomas Chittenden (D)
Latest Action

Read first time and referred to the Committee on Energy and Digital Infrastructure

Mar 24, 2026

Summary

The legislation expands Vermont's property‑assessed clean energy (PACE) program so that owners of commercial and industrial buildings can join. After a municipality votes to become a PACE district, qualifying owners can sign agreements to finance renewable‑energy or efficiency upgrades through a special assessment. The change aims to broaden clean‑energy financing options beyond residential properties.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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