Since 2006, Vermont Gas Systems, Inc. (Vermont Gas), the only natural gas company in the state, has operated under a Commission-approved Alternative Regulation Plan.
The current plan includes quarterly rate adjustments to reflect increases or decreases in Vermont Gas's actual gas-related costs (which make up the majority of Vermont Gas's total costs). These changes flow through to ratepayers on a quarterly basis. The current plan also includes the Climate Action and Innovation Budget which allows Vermont Gas to pursue new technologies and offer these services to its customers.
The plan was approved by the Commission in an order issued on August 11, 2021, in Case No. 19-3529-PET. The plan expires on September 30, 2024, with an option to extend the plan through September 30, 2026.