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. § 3045)
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§ 3045. Conservation and load management
(a) Cooperatives may expend their funds, including the proceeds of their notes, bonds,
or other obligations, for the purposes of modifying demand for electric capacity or
energy through conservation or load management by participation in such facilities,
projects, and programs as the governing board of the cooperative determines will effectively
accomplish such purposes. Such facilities, projects, and programs may include providing
or financing facilities or programs for conservation or load management, which may
be: (i) owned or operated by the cooperative or by others, (ii) leased or licensed
by the cooperative to others, or financed by loans by the cooperative to others, in
either case on such terms and conditions as the governing board of the cooperative
may determine.
(b) A cooperative may issue its notes, bonds, or other obligations pursuant to any statutory
authority conferring such power for carrying out the purposes of this section. (Added 1989, No. 112, § 5a, eff. June 22, 1989.)