2024 EEC Rates
Cost-effective energy efficiency
Efficiency Vermont is committed to advancing clean energy solutions that reduce energy use and help you save money. The Energy Efficiency Charge (EEC) that appears on your electric bill each month helps us do that—reducing the cost of efficient technologies, helping businesses reduce operating expenses, and much more. Maintaining stable EEC rates has been a priority for Efficiency Vermont. Since 2019, the EEC rate has decreased or remained flat for most customers. In 2024, Vermont’s EEC charge—set by the Vermont Public Utility Commission and calculated using their standard methodology—will increase 2.5% for residential customers, 3.6% for commercial customers, and 5.9% for industrial customers. For the average household, this will result in a $0.16 increase in their monthly electric bill.
The new EEC rates factor in cost increases for 2024 that will allow Efficiency Vermont to continue to offer its programs and services, a key part of our state’s strategy to provide low-cost, clean, and reliable power today and in the future. Every $1 invested in energy efficiency yields more than $2 in savings. Take advantage of our energy services by visiting www.efficiencyvermont.com.
Since 2000, investments Vermonters have made in energy efficiency will save more than $3 billion over the lifetime of those investments—and reduce more than 13 million metric tons of greenhouse gas emissions. That’s like taking all of Vermont’s cars off the road for 5 years.