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 was approved by the Commission in an order issued on August 15, 2019, in Case No. 19-2932-PET. The expiration date was recently extended to September 30, 2021, in an order issued on April 23, 2020, in Case No. 19-3529-PET.