►
Description
From the City of Burlington:
Mayor Miro Weinberger and Burlington Electric Department (BED), joined by partners from Rewiring America, the nation’s leading electrification nonprofit, Key Chevrolet, a member of BED’s Preferred Electric Vehicle Dealership Network, and the Vermont Housing Finance Agency (VHFA), announce new and expanded opportunities for Burlingtonians to advance strategic electrification.
Mayor Miro Weinberger
Darren Springer, General Manager, Burlington Electric Department
Rahul Young, Director, Local Engagement at Rewiring America
Sophie Ferrone, Assistant Sales Manager, Key Chevrolet
Maura Collins, Executive Director, Vermont Housing Finance Agency
1/11/2023
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A
Welcome
thank
you
for
joining
us.
We
have
a
very
exciting
series
of
announcements
to
make
today.
This
is
a
press
conference
I've
been
looking
forward
to
for
for
some
time.
Climate
change,
as
you
all
know,
is
an
existential
threat
to
everything:
burlingtonians
value,
most
our
community,
our
health,
our
natural
environment,
in
our
thriving
local
economy.
A
We
took
a
big
step
forward
in
that
plan
by
launching
the
first
green
stimulus
incentives
to
boost
the
city's
economic
recovery
from
the
pandemic
and
to
boost
our
transition
to
electric
vehicles,
to
electric
heat
pumps,
bikes,
lawn
mowers
and
more,
and
that
green
stimulus
program
worked
since
announcing
our
first
package
of
incentives
for
bed
customers.
Residential
cold
climate
heat
pump
installations
have
increased
by
approximately
20
times
today.
Excitingly.
We
are
announcing
another
big
step
forward
in
our
strategy
to
Electrify
everything
here
in
Burlington.
A
Of
President
Biden's
inflation
reduction
act
in
2022
represents
the
most
important
climate
action.
The
federal
government
has
ever
taken
it's
now
up
to
America's
states
and
cities
to
implement
this
historic
Bill
and
make
good
on
its
transformation,
transformative
potential
very
excitingly.
From
my
perspective,
what
this
Federal
legislation
does
is
in
many
ways
dramatically
amplify
this
strategy
of
electrifying
everything
that
Burlington
has
been
pursuing
so
aggressively
since
2019.
A
very
sizable
percentage
of
that
bill
goes
into
new
federal
incentives
that
can
be
layered
on
top
of
of
what
we
have
already
been
offering
here.
A
So
what
we're
announcing
today
is
new
and
expanded
electrification
incentives
at
the
local
level,
designed
to
help
our
rate
payers
make
the
most
of
New
Opportunities
flowing
from
this
Federal
investment.
I.
Think
the
the
most
important
take-home
message
from
today's
announcements
is
that
it
has
truly
never
been
easier
or
more
affordable
for
bed
customers
to
make
the
leap
to
electric
vehicles
and
electric
heat.
A
In
many
cases,
burlingtonians
can
now
transition
their
home
heating
to
Electric
for
a
lower
monthly
cost
than
they
currently
pay
it,
or
they
can
buy
and
fuel
a
new
electric
vehicle
for
a
lower
monthly
cost
than
driving
a
new
or
even
gently
used
gas
powered
car.
This
is
a
real
change
from
just
a
few
minutes
a
few
few
years
ago.
It
was
you
know.
When
we
started
talking
about
this.
There
was
a
real
gap
between
what
the
cost
of
these
electro
electric
electric
Technologies
cost
customers.
A
Foreign
today
you're
going
to
hear
more
about
how
BD's
incentives,
combined
with
these
state
and
federal
opportunities,
are
making
it
possible
to
buy
or
we're
gonna
we're
gonna
go
into
some
examples
and
the
one
that
one
of
the
ones
that
we
want
to
detail
for.
You
is
how
it's
possible,
by
a
brand
new
Chevy
bolt
for
almost
50
off
the
sticker
price
by
layering.
A
Don't
have
to
go
out
and
set
up
some
new
loan
that
can
can
use
their
utility
bills
to
pay
off
the
remaining
cast
figuring,
this
all
out,
figuring
figuring
out.
What
kind
of
system
is
right
for
your
living
situation
can
be
a
can
be
complicated,
and
that
is
why
we
have
assembled
an
Energy
Services
team
here
at
bed
that
offers
free
consultations
about
electrifying
homes,
and
this
is
a
service
that
we
hope
more
and
more
burlingtonians
are
coming
to
understand
and
take
advantage
of.
A
A
point
I
want
to
make
and
I
I
I
hope
everyone
in
the
media
business
owners
residents
understand
that
these
new
incentives
work
very
much
hand
in
hand
with
some
of
the
policies.
The
energy
policies
that
the
city
has
been
pursuing.
People
know
on
Monday.
The
city
council
voted
to
put
a
ballot
item
on
the
March
ballot
that
will
create
a
new
carbon
pollution
fee
for
new
construction
or
major
buildings.
A
This
effort
spearheading
this
effort
for
years
now
so
grateful
to
have
your
partnership,
Darren
and
expertise
really
creating
opportunities
for
volantonians
that
virtually
no
other
city
in
the
country
has,
and
a
lot
of
it
has
to
do
with
your
leadership
and
this
team
here.
So
thank
you.
Thank
you.
Mayor
appreciate.
B
B
The
new
federal
incentives
talk
a
little
bit
about
the
new
on
Bill
financing
program
and
then
I'm
going
to
turn
tomorrow
and
then
we're
going
to
turn
to
Raul
young,
who
is
with
us
from
rewiring
America,
virtually
from
Washington
DC,
so
just
to
start
with,
we've
had
an
improved
upon
incentives
for
electrification
since
2017,
and
we
keep
building
and
improving
on
those
incentives
every
year
and
this
year
we
have
a
few
exciting
ones
to
announce.
The
first
is
with
heat
pumps,
with
our
cold
climate
heat
pumps.
We
offer
a
really
strong
incentive.
B
Previously,
we
had
not
had
an
incentive
for
somebody
who,
maybe
is
a
homeowner,
puts
in
a
heat,
pump
and
says
hey.
This
is
working
really
well
I'd
like
to
put
in
a
second
heat
pump.
We
didn't
have
an
incentive
for
the
second
heat
pump.
Our
team
worked
to
file
something
with
the
puc
and
go
through
the
regulatory
process,
and
now
new
for
2023
we're
going
to
have
a
500
rebate
for
a
second
heat
pump
in
a
home
that
has
already
installed
a
first
heat
pump
with
a
more
generous
rebate.
B
We
also
are
boosting
the
home
charging
rebate,
which
was
700
up
to
nine
hundred
dollars
for
customers
buying
a
pre-owned
electric
vehicle,
which
is
also
a
really
important
Market
that
we
want
to
support,
and
then
speaking
of
charging,
we're
going
to
have
a
host
of
great
great
incentives
for
workplace
charging.
We're
boosting
our
incentive,
if
you're,
installing
a
level
2
charger
at
your
workplace,
that
was
fifteen
hundred
dollars
per
Port.
B
Now
it's
going
to
be
two
thousand
dollars,
so,
if
you're
putting
in
a
couple
of
level
two
charging
units
at
a
workplace,
you
can
get
up
to
four
thousand
dollars
back
from
bed,
as
a
part
of
that,
we
also
for
the
first
time,
are
gonna
have
level
three.
What
we
call
fast
charging
incentives
for
customers
who
want
to
put
these
in
at
workplaces
around
the
city,
so
ten
thousand
dollars
for
a
level
three
fast
charger
and
actually
Burlington
Electric's,
investing
in
fast
chargers
for
the
city
as
well.
B
We're
gonna
have
one
here
at
585,
Pine,
Street
and
one
at
the
marketplace
garage
sometime
in
the
next
few
months
as
part
of
our
Net
Zero
Revenue
Bond.
We
also
have
not
forgotten
about
our
customers,
who
are
mowing
the
lawn
and
we
want
them
to
mow
electric,
and
so
our
residential
riding
mower
incentive
is
boosted
from
200
to
300
as
part
of
The
Suite
of
changes.
We
also
have
a
new
energy
ventilation
program.
That's
going
to
offer
between
five
hundred
and
a
thousand
dollars
for
what
we
call
energy
recovery
and
ventilation.
B
B
So
what
does
it
all
mean,
especially
when
we
think
about
the
new
incentives
that
are
part
of
the
inflation
reduction
act?
I
just
want
to
walk
through
a
couple
of
examples,
and
some
of
these
are
time
Limited
in
certain
respects.
So
our
our
message
is
that
this
is
the
best
combination
of
incentives
and
customers
should
act
now,
if
they're
interested,
because
these
at
the
federal
level
may
change
as
some
of
the
guidance
rolls
out.
B
But
let's
say
you're
a
customer
of
ours
here
at
Burlington,
electric
and
you're,
looking
to
get
a
new
electric
vehicle
in
January
of
2023
and
you're.
Looking
at
maybe
the
Chevy
bolt,
which
can
get
about
260
miles
of
range,
is
priced
at
about
thirty
one
thousand
dollars
so
starting
with
the
Burlington
electric
incentive
we're
offering
up
to
3
000
for
low-income,
modern
income
customers.
B
The
state
also
has
a
rebate
of
four
thousand
dollars
for
income,
qualified
customers
and
now-
and
this
is
new
this
year,
the
bolt
now
qualifies
for
the
7
500
federal
tax
incentive,
which
it
had
not
in
2022,
because
Chevrolet
had
gone
through
its
full
allotment
under
the
previous
program.
So
all
of
a
sudden
and
we've
got
7
500
from
the
federal
government
and
7
000
between
bed
and
the
state
of
Vermont
you're.
B
B
It's
got
260
miles
of
range,
and
then
we
can
get
you
nine
hundred
dollars
to
put
in
a
level
two
charger
at
your
home
and
sign
you
up
for
Burlington,
Electric's,
off-peak
residential
charging
rate
now
you're
charging
for
70
cents
a
gallon
instead
of
paying
three
or
four
dollars
for
a
gallon
of
gas
and
we're
we're
charging
with
100
renewable
electricity
and
we're
keeping
more
dollars
local.
That's
the
kind
of
win-win-win
scenario
that
we
have
between
the
federal
government,
the
state
Burlington,
electric
and
all
of
these
opportunities
when
it
comes
to
electric
vehicles.
B
Let's
talk
about
heat
pump,
for
example,
so
you
are
a
homeowner
you
want
to
put
in
a
new
single
head
heat
pump
to
heat
and
cool
efficiently
in
a
space,
so
Burlington
electric
has
been
offering
will
continue
to
offer
rebates
that
total
about
2400
150
dollars
off
the
cost
of
that
heat
pump
new
this
year,
not
not
in
place
previously.
The
federal
government's
offering
a
30
percent
tax
credit.
That's
available,
now
up
to
two
thousand
dollars
off
the
cost
of
that
heat
pump.
B
It
is
now
cheaper
if
you're
looking
at
a
single
family
residence
to
heat
with
a
heat
pump
than
it
is
with
natural
gas
in
Burlington,
and
that's
a
new
development
really
in
the
last
year.
So
we
think
that
it's
cheaper
better
for
the
planet
and
better
for
the
consumer.
If
you
can
go
electric,
whether
that's
with
your
electric
vehicle,
whether
that's
with
a
heat
pump
or
all
these
other
Technologies
and
then
the
last
piece
I
just
want
to
mention
and
more
is
going
to
talk
more
about
it
is
brown.
B
Wellington,
electric
is
really
pleased
to
be
partnering
with
vhfa
on
this
new
on-bill
financing
tariff,
which
is
called
the
rap
tariff,
and
what
that
means
is
customers
of
ours
are
going
to
be
able
to
finance
weatherization
and
heat
pumps
and
repay
right
on
the
electric
bill.
We're
going
to
have
relatively
low
interest
rates
for
that
financing.
B
We're
going
to
break
through
what
has
been
a
challenge
to
put
in
things
like
heat
pumps
and
rental
units,
where
we
have
a
split
incentive
where
maybe
the
tenant
is
paying
the
bill
and
the
property
owner
didn't
want
to
make
an
improvement.
Now,
with
this
new
program,
we
can
get
that
heat
pump
in.
We
can
Finance
it
and
we
can
have
it
stay
with
the
meter,
so
that
Improvement
and
the
savings
is
going
to
stay
with
the
property.
That's
a
brand
new
paradigm
for
us
in
Burlington,
and
we're
excited
about
that.
B
C
We
know
that
more
of
more
than
a
third
of
this
state's
greenhouse
gas
emissions
come
from
the
thermal
outputs
of
arrest,
our
homes
and
our
businesses,
and
investing
in
weatherization
is
one
of
the
most
effective
ways
that
we
can
meet
our
climate
goals,
while
also
improving
our
housing
stock
and
reducing
the
high
energy
burdens
that
disproportionately
face
lower
and
moderate
income.
Vermonters.
C
So
rap
is
an
Innovative
on
Bill
financing
structure
that
was
developed
in
collaboration
with
Vermont's
Energy
Partners,
including
bed.
Vhfa,
is
going
to
cover
most
of
the
upfront
cost.
If
you
weatherize
your
home
and
will
allow
the
participants
the
residents
to
then
Finance
the
remaining
costs
over
time
through
a
monthly
charge
on
your
utility
bill.
So
on
your
bed
bill,
these
projects
will
be
carefully
screened
so
that
the
average
Energy
savings
that
you
pay
back
of
the
wrap
charge
will
be
less
than
what
your
energy
cost
would
have
been.
C
That's
high
upfront
costs,
limited
access
to
credit,
limited
availability
to
different
types
of
homes
like
rental
properties,
but
rap
will
not
be
doing
credit
checks
on
customers
and
instead,
we'll
be
looking
at
the
clean
utility
bill,
payment
history
and
looking
at
that
and
really
underwriting
the
home,
and
if
it's
an
energy
hog
home
that
is
losing
a
lot
of
energy
to
the
outside
air,
then
that's
going
to
be
a
target
for
what
we're
looking
for
in
this
program.
So
both
has
been
mentioned.
C
Both
homeowners
and
renters
can
participate
in
rap,
and
the
best
part
is
is
that
one
thing
that
keeps
people
from
weatherizing
is
the
thought
of
that
they'll
be
moving
soon,
especially
if
you're
a
renter,
but
even
as
homeowners.
They
don't
know
how
long
they'll
be
in
the
home,
and
will
they
live
there
long
enough
to
recoup
the
investment
that
they
put
in
with
this
program
that
wrap
charge
stays
with
the
electric
meter,
and
so
it
transfers
to
the
new
Resident
and
you
don't
need
to
pay
it
off
before
you
move.
C
So
this
program
would
not
be
possible
without
the
efforts
of
many
partners
across
the
state.
The
governor's
Administration
proposed
funding
and
the
legislature
supported
that
to
kick-start
these
efforts
and
they
encouraged
us
to
explore
on-bill
financing
and
awarded
vhfa
nine
million
dollars
for
this
program
and
recently
Senator
retiring
Senator
Leahy
was
able
to
secure
Us
in
earmark
in
the
federal
budget
to
add
another
8.5
million
dollars
to
this
broader
effort.
C
So
bed
has
been
a
great
partner
in
the
development
of
rap
and
will
it'll
be
bed
who's,
connecting
customers
with
approved
contractors
and
rebates,
as
Darren
explained,
and
will
be
working
with
vhfa
on
the
back
side
for
the
on
bill
repayments.
So,
together
we're
excited
to
deliver
a
program
to
burlingtonians
that
will
help
more
residents,
benefit
from
safer,
more
comfortable
homes,
lower
heating
bills
and,
overall,
a
better
future
for
our
city.
Thank
you.
B
And
I
just
wanted
to
mention
that
Raul's
organization,
rewiring
America,
we
work
with
a
lot
in
DC
but
I
think
Raul
is
joining
us
from
San
Francisco.
So
my
apologies
for
the
error
and
we're
going
to
turn
it
over
to
Raul
to
learn
more
about
the
federal
incentives
and
some
of
the
tools
that
rewiring
America
has
for
customers,
including
Burlington
customers.
D
D
So
if
you
don't
forget
to
participate
in
this
announcement,
mayor
Weinberger
was
a
founding
member
of
our
Mayors
and
Municipal
leaders
for
electrification,
Coalition
and
Darren's,
a
member
of
our
CBS
for
electrification
and
Coalition
We
Salute.
The
leadership
that
you
and
your
colleagues
have
shown
here
Burlington
continues
to
lead
the
way
in
pursuing
the
ambitious
goal
of
becoming
a
net
zero
at
the
decision
by
2030.,
offering
additional
localized
incentives
as
Burlington
electing
department
and
its
partners
are
doing
something.
Cities
throughout
the
nation
should
strive
to
emulate.
D
D
2023
is
going
to
be
the
year
that
we
turn
the
tide
against
climate
change,
supercharged,
electrification
in
our
country,
thanks
for
the
inflation
reduction
Act
and
the
incentives
we're
announcing
today,
every
one
of
you
out
there
has
an
electric
wallet
filled
with
incentives
that
will
help
you
make
your
homes
and
lives
better,
healthier,
safer,
more
comfortable
and
better
for
the
environment.
So
anytime
you're
wondering
what
can
I
do
for
the
climate?
This
is
the
answer.
This
is
what
you
can
do.
A
A
We
will
make
life
more
awesome
in
other
ways
as
well.
There
will
be
made
massive
health
benefits
to
getting
the
air
pollution
from
automobiles
even
as
much
as
we've
improved
that
already
in
this
country,
there's
still
nine
million
people
a
year
estimated
who
died
prematurely
from
air
particulates.
Electrifying.
Everything
will
go
straight
straight
to
that
indoor.
Air
quality
is
a
huge
issue.
We've
learned
more
every
year
about
how
gas
cooking
has
negative
impacts
on
particularly
on
children
living
in
those
households,
especially
if
you're
not
getting
proper
ventilation.
A
Electrifying
cooking,
as
we
have
incentives
to
do,
can
have
huge
health
benefits
there.
There
are
noise
benefits
with
having
electric
vehicles
that
are
much
quieter
than
traditional
cars,
and
the
same
is
true,
of
course,
for
leaf
blowers
and
lawn
mowers
as
well,
and
it
goes
on
and
on
yeah,
when
this
is
I
think
for
a
long
time.
We
we
worry
that
to
get
to
to
stop
the
global
warming,
stop
climate
change.
We
would
need
to
adopt
some
extremely
austere
Vision
in
the
future.
A
That
really
represented
a
kind
of
retreat
towards
a
lot
of
the
economic
progress
that
this
country
in
the
world
has
made.
Rewire
America
has
really
I
think
helped.
A
growing
number
of
Americans
understand
that
the
the
future
that
addresses
climate
change
is
going
to
be
an
exciting
future.
It's
one
that
and
that's
part
of
why
I'm
so
committed
to
getting
Burlington
there
as
fast
as
we
can
it's
going
to
be
a
better
Burlington
when
more
melatonians
take
advantage
of
these
incentives
and
Electrify
their
homes
and
their
vehicles.
So
with
that
we've
been
talking
a
lot.
A
Guys,
yeah,
that's
a
great
point,
and
one
that
is
is
is
really
exciting.
The
technology
is
changing
dramatically
in
these
areas.
This
inflation
reduction
act
seeks
to
accelerate
that
even
further
something
we're
just
beginning
to
understand.
As
a
city
are
the
and
that,
frankly,
we're
waiting
for
some
of
the
rules
to
be
written
is
there's
going
to
be
me.
There
are
major
incentives
for
heavy
equipment
to
be
electrified
for
large
Vehicles,
like
we
used
to
plow
the
streets
and
buses,
and
eventually
you
know
fire
engines
and
and
areas
where
the
technology
hasn't
kept
up.
A
B
Think
back
to
maybe
2008
2009
with
electric
vehicles,
we
had
really
kind
of
a
couple
options.
We
had
the
Chevy
Volt,
which
could
get
you
about
37
miles
of
range
and
then
had
to
switch
to
a
gas
backup
engine
we
had
the
Nissan
Leaf
came
out,
I
think
with
around
76
miles
of
range.
We
talk
about
electric
vehicles
today,
we're
talking
hundreds
and
hundreds
of
miles
of
range,
the
vehicles
that
are
right
here,
the
Chevy
Bolt,
the
Mustang
Machi.
B
These
are
both
between
200
and
300
mile
range
Vehicles,
we've
seen
on
the
higher
end
that
some
vehicles
are
getting
four
and
500
miles
of
range,
so
I.
Think
of
that,
as
really
tangible
progress
in
about
a
decade
plus
time
think
about
heat
pumps,
heat
pumps
did
not
used
to
be
usable.
In
a
climate
like
Vermont,
there
was
not
an
option
to
be
able
to
heat
down
past
about
five
degrees,
and
now
we
have
the
cold
climate
heat
pumps
really
just
in
the
last
decade.
Again
that
are
working
down
well.
B
That's
going
to
mean
even
faster
recharging
for
vehicles
so
that
they're
competitive
with
refueling,
like
a
gas
vehicle
can
be,
and
the
inflation
reduction
act
has
incentives
in
place
to
really
centralize
that
type
of
research
development
Manufacturing
in
the
United
States,
really
really
strong
domestic
manufacturing
policy.
So
those
are
just
a
few
thoughts.
There's
probably
other
areas
we
could
talk
about,
but
a
lot
of
exciting
things
in
the
last
decade.
E
B
The
financing
is
going
to
be
affordable
through
vhfa
and
through
your
Burlington
electric
bill,
or
in
some
cases
might
be
your
Vermont
Gas
bill
or
whichever
utility
is
partnering
and
really
the
goal
is
to
lower
cost
overall,
so
yeah
there's
going
to
be
some
additional
financing
to
pay
for
the
heat
pump
or
the
weatherization,
but
we're
gonna
have
Energy
savings
that
are
going
to
more
than
offset
that.
So
the
goal
here
is
really
to
remove
that
upward
pressure
on
and
have
lower
energy
costs
for
the
person
who's
occupying
the
space.
C
Only
thing
I'd
add
because
I
think
you're
spot
on
with
that
is
that
we
are
really
focused
on
the
needs
of
low
and
moderate
income
from
honors,
and
so
the
rap
program,
I,
probably
didn't
make
clear
enough-
is
just
for
income
eligible
households,
not
all
households,
and
so
you
know
this
is
really
Innovative
and
new
that
it's
going
to
be
one
of
the
first
times.
We
can
offer
a
program
that
addresses
that
split
incentive
that
we
see
where
landlords
I
don't
see
why
they
wouldn't
allow
it
to
happen.
C
If
anything,
we're
going
to
improve
the
value
of
the
property
itself,
whereas
keeping
that
payment
with
the
tenant,
because
usually
tenants,
pay
utilities,
and
but
by
focusing
our
efforts
on
low
and
moderate
income
from
honors,
we
make
sure
we're
addressing
the
energy
Justice
needs
that
need
to
be
addressed
with
all
these
incentives.
I
kept
hearing,
Darren
say
a
lot
about
income
eligibility
for
a
lot
of
these
programs,
and
that's
a
wonderful
thing
to
see
that
we
are
largely
Direct.
C
C
A
Thanks
for
that,
more
I
mean
I
I,
just
I
I.
Think
you
hear
in
these
National
debates
a
lot
of
talk
about
how
critical
it
is,
if
we're
going
to
to
work
towards
addressing
the
climate
emergency
that
we
do
so
by
taking
steps
for
a
just
transition
as
I
kind
of
catch
word.
You
hear
a
lot.
This
is.
These
are
really
concrete,
tangible
ways
in
which
these
local
Net
Zero
efforts
are.
A
We
are
attempting
to
implement
and
Achieve
that
just
transition
creating
these
local
incentives
that
are
Income
eligible
and
that
more
and
more
people
are
taking
advantage
of.
When
we
started
this
back
in
2017,
there
were
very
few
low
and
moderate
income
repairs
for
taking
advantage
of
them.
We
have
succeeded
in
pushing
that
number
up
over
time
and
with
the
help
of
the
federal
government
and
these
new
programs,
we're
excited
to
see
that
that
figure
go
even
higher.
A
Well,
it
depends
on
the
incentive,
of
course,
so
the
the
big
change
from
prior
years
that,
as
Darren
said
burlingtonians,
who
are
even
considering
changing
cars
electrifying
their
homes
should
really
take
advantage
of
right
now
is,
is
are
these
additional
Federal
incentives
which
are
being
paid
for
by
by
the
federal
government
and
by
this
massive
infusion
of
resources,
360
billion
dollars
of
resources
in
the
inflation
reduction
act
that
is
being
paid
for
out
of
the
federal
treasury?
The
local
incentives
are
kind
of
different
and
I.
A
One
thing
I
always
like
to
remind
people
with
them.
These
are
these
are
sort
of
different
than
some
other
government
programs,
which
are
you
know,
I,
think
we're
all
used
to
sort
of
seeing
some
government
programs
as
being
sort
of
assistant
programs
from
the
government
that
are
subsidized
by
their
taxpayers.
That's
not
the
case
with
these
local
incentives.
These
local
incentives
really
are
more
like
a
hotel
offering
a
discount.
A
When
there
is
our
available
rooms,
we
have
lots
of
EX
additional
electric
capacity
here
in
in
Burlington
and
a
lot
of
it
sort
of
goes
unsold
right
now
and
we
are
very
excited.
This
is
a
business
strategy
in
many
ways
for
the
Burlington
lecture,
Department,
that
as
we
you
have
more
customers
that
are
getting
around
town
with
electric
vehicles
and
heating
their
home
with
electricity.
We
will
be
able
to
bring
more
revenues
into
the
Burlington
electric
Department
that
really
pay.
A
If
you
take
a
Long
View
go
a
long
ways
towards
paying
for
these
incentives.
The
additional
revenues
coming
in
so
this
is,
we
are
projecting
over
to
meet
our
20
30
goals.
There's
going
to
be
a
big
increase
in
the
amount
of
renewable
energy
that
we're
going
to
generate
and
and
sell
to
the
public,
and
these
incentives
help
us
help
us
achieve
that.
You
want.
B
Anything
to
add
it
just
that
was
a
great
explanation.
I
would
just
add
that
the
Net
Zero
Energy
Revenue
bond
that
we
voters
approved
in
December
of
21
and
we
issued
in
April
of
2022,
is
part
of
that
strategy
to
provide
us
with
liquidity,
to
be
able
to
fund
the
incentives
and
not
only
fund
them
because
they
have
a
business
case,
but
but
actually
fund
them
at
beyond
the
levels
that
are
required
of
us
in
state
policy.
B
B
That's
why
we
have
the
EV
charging
rate
that
we
have
is
we
want
to
encourage
customers
to
use
electricity
when
we
have
the
capacity
available
where
it's
cheaper,
but
with
things
like
heat
pumps
and
other
Technologies,
we
hope
to
see
more
usage,
and
that's
part
of
the
revenue
Bond
as
well
is
to
upgrade
the
grid
to
be
able
to
handle
some
additional
capacity
and
additional
usage
over
time.
Mcneil's
output
is
really
something
that's
driven
in
part
by
the
New
England
market,
so
we
want
McNeil
to
be
running.
B
We
want
our
hydros
to
be
available,
both
our
local
and
we
also
get
some
Hydro
from
out
of
state
as
well.
We
have
wind
in
Vermont
and
out
of
state.
We
have
solar
in
Vermont.
The
question
I.
Think
a
good
question
is,
if
we're
all
moving
in
this
direction
as
Utilities
in
Vermont.
What
are
we
going
to
be
able
to
build
either
in
or
in
the
region?
That's
going
to
be
cost
effective,
new
Renewables
right
now
we
see
a
lot
of
Solar
Development
in
Vermont,
there's
really
no
new
wind,
there's
no
new.
B
Have
the
orb
at
the
airport,
it's
the
only
new
wind
project
in
the
last
I.
Don't
know
how
many
years-
and
we
hope
to
have
more
of
those
and
and
test
them
out,
but
but
really
no
new,
large-scale
win.
That's
happening!
There's
offshore
wind,
that's
being
developed,
but
it's
a
few
years
out.
So
that's
a
question
that
I
think
the
region
needs
to
Grapple
with
is
how
are
we
going
to
bring
on
more
cost-effective,
Renewables
at
scale?
What
Solutions
are
out
there?
Mcniel
will
continue
to
be
a
really
important
resource
for
us.
B
Just
in
December
as
a
side
note,
we
had
really
high
price
spikes
in
New
England.
Around
the
time
of
around
the
Christmas
holiday
prices
went
as
high
as
two
thousand
dollars
a
megawatt
hour,
when,
typically
they
would
be
more
like
30
or
40
on
a
regular
day
and
maybe
more
like
100
or
200
on
a
colder
day,
oil
generated
something
like
a
third
of
our
energy
during
that
period
of
time
in
the
new
England
region,
Burlington's
100
renewable,
but
the
region
is
over
dependent
on
natural
gas
over
dependent
on
oil.
A
And
Catherine
yeah
I
think
I
think
the
message
is
now
is
the
time
to
do
it.
Now
is
the
time
to
get
serious
about
shifting
to
an
electric
vehicle
or
cold
climate
heat
pump.
The
financial
opportunities
are
far
greater
than
they've
ever
been
right
now
and
maybe,
and
they
may,
we
may
lose
some
of
it
in
the
months
not
too
far
ahead.
So
if
you're
thinking
about
it
get
get
serious
about
it
right
now
act
now
and
if
you
need
help
with
it
call
bed,
and
we
can
help
you
sort
through
your
options.
E
A
So
you
know
the
operation
of
electric
vehicles
we
are,
we
are.
We
can
help
people
with
Burlington
customers
who
get
a
smart
charger,
can
pay
a
much
lower
rate.
Like
Darren
mentioned,
you
can
pay
if
you're
charging
your
car
during
off-peak
hours,
which
is
the
biggest
part
of
the
kind
of
operating
cost
of
an
electric
vehicle.
You
can
pay
as
low
as
the
equivalent
of
70
cents.
A
A
gallon
from
my
perspective
and
I've
been
a
electric
car
owner
since
the
Nissan
Leaf
days
for
years
now,
since
the
last
time
I
own
a
gas
vehicle.
This
is
actually
one
of
the
advantages
of
electric
vehicles
over
traditional
combustion
engine
vehicles
or
a
lot
less
moving
Parts
than
electric
car
than
there
are
in
a
gas
powered
car
and
there
are
virtually
no
maintenance
costs,
but
for
you
do
have
to
replace
the
tires
a
little
bit.
More
often
the
electric
engines
are
so
powerful
they're.
A
You
know
you
they're
much
it's
another
another
advantage
of
electrifying,
it's
actually
the
the
cars
are
better.
You
can
accelerate
quicker
and
you
know
when
you're
getting
on
the
highway
or
whatnot,
and
that
does
put
some
additional
pressure
on
the
tires
you
do
have
to.
In
my
experience
to
replace
the
tires
more
often
that
is
the
only
thing
we
have
spent
any
maintenance
money
on
in
our
electric
vehicle
for
for
years.
B
Yeah
one
of
the
exciting
things
I
think
with
electric
vehicles
is,
you
can
do
a
lot
with
software
updates,
so
things
that
might
have
required
going
in
for
a
visit
to
a
dealer
now
they're
happening
over
the
air
I'm,
an
electric
vehicle
owner
as
well
I
wake
up
some
mornings.
My
car
says:
Hey
I've,
updated
I've
fixed
this
issue,
just
like
your
iPhone
or
your
Android
phone
might
update
over
time
and
improve
Vehicles
Now
can
do
that
with
their
software
systems
as
well,
but
no
oil
changes.
B
You
know
a
lot
of
things
that
we
think
about
in
traditional
maintenance,
they're
kind
of
not
part
of
it
and
then
with
heat
pumps.
Things
like
that
the
warranties
have
gotten
better
better
and
better.
So
it
used
to
be
I.
Think
a
five
or
seven
year
warranty
on
a
cold
climate
heat
pump,
now
they're
going
out
12
15
years,
so
you
can
really
cover
the
life
of
the
system
and
the
other
thing
just
to
your
point.
B
One
of
the
barriers
that
we've
seen
is
people
need
to
upgrade
their
electric
panels
and
for
a
long
time
there
was
no
financial
support
available.
For
that.
The
inflation
reduction
act
changes
that
so
we
now
have
incentives
as
well
as
rebates
that
are
becoming
in
the
coming
months.
Rowell
mentioned
the
rebate
programs
for
income,
qualified
individuals.
We
have
support
to
change
out
your
electric
panel.
B
If
you're
running
into
the
problem
of
you,
don't
have
enough
capacity
to
be
able
to
add
a
charging
unit
to
your
home
or
you
want
to
put
a
heat
pump
in,
but
you
need
an
upgrade
there's
financial
assistance
available
and
there's
also
going
to
be
a
state
program
with
20
million
in
funding
to
help
income
qualified
folks
be
able
to
upgrade
their
electric
panel.
That's
been
a
key
barrier.
We
want
to
upgrade
those
panels,
so
people
can
add
a
heat
pump.
A
Great,
thank
you
all
for
for
joining
us
today.
Thank
you
to
the
team
for
for
being
here
and
all
the
work
you've
done
to
get
us
the
point
where
we
can
make
these
announcements
Raul
again
look
forward
to
meeting
you
in
person,
maybe
maybe
next
week,
I'm
gonna
be
at
the
U.S
mayor's
Conference
next
week,
I,
don't
know
if
you're
gonna
be
around
and
more
awesome
always
to
be
with
you.
Thank
you
for
your
partnership
on
so
many
fronts
and.