The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 30 V.S.A. § 3044)
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§ 3044. Approval by members of cooperative
(a) With respect to matters not subject to section 248 of this title, a cooperative established under this chapter shall obtain the approval of the voters
of the cooperative before in any way:
(1) purchasing electric capacity or energy from outside the State:
(A) for a period exceeding five years, that represents more than three percent of its
historic peak demand, unless the purchase is from a plant that produces electricity
from renewable energy; or
(B) for a period exceeding 10 years, that represents more than 10 percent of its historic
peak demand, if the purchase is from a plant that produces electricity from renewable
energy;
(2) investing in an electric generation or transmission facility located outside this
State; or
(3) beginning site preparation for or construction of an electric generation facility
within the State, or an electric transmission facility within the State that is designed
for immediate or eventual operation at any voltage or exercising the right of eminent
domain in connection with site preparation for or construction of any such transmission
or generation facility, except for the replacement of existing facilities with equivalent
facilities in the usual course of business.
(b) A cooperative shall obtain the approval required by subsection (a) of this section
by a vote of a majority of the voters of the cooperative voting upon the question
at a duly warned annual or special meeting to be held for that purpose. Prior to the
meeting, the cooperative may provide to the voters an assessment of any risks and
benefits of the proposed action.
(c) In this section, “plant” and “renewable energy” have the same meaning as in section 8002 of this title. (Added 1985, No. 48, § 4; amended 2015, No. 130 (Adj. Sess.), § 2.)