3. As a goal, no less than 90 percent of the utilitys funds would be dedicated to direct investment in fuel savings, keeping overhead at 10 percent or less.
4. Individuals or companies, like IBM Essex Junction, who already use best practices in efficiency, could qualify for tax credits by mentoring other individuals or companies.
5. The utility would be accountable for performance to measurable objectives,? and would operate with a clear and transparent financial reporting structure.
Vermont, home of the Green Valley, would be the first in the nation to create an All Fuels Efficiency Utility that is competitive, and lean in overhead. It would create jobs and foster savings in heating fuels and transportation fuels for homes, apartment buildings, schools, hospitals and businesses, and for all kinds of fleets, from school buses to delivery trucks to contractors heavy construction equipment. As new fuel-saving technologies gallop out of the research labs and into the marketplace, Vermonters can be the first to adopt them.
Brian Dubie is Vermonts Lieutenant Governor. E-mail his office at email@example.com, or visit www.ltgov.state.vt.us.