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  • Thumbnail for HOW VERMONT’S RENEWABLE PORTFOLIO STANDARD AFFECTS UTILITY RATES
    HOW VERMONT’S RENEWABLE PORTFOLIO STANDARD AFFECTS UTILITY RATES by Germain, Pierre

    This study uses the synthetic control method to investigate the impact of a 2015 amendment to the renewable portfolio in Vermont on utility rates. Renewable portfolio standards mandate utility providers to supply a certain percentage of their electricity through renewable sources. The study finds that the new more stringent renewable portfolio standard holds utility prices high. However, the findings are not compelling due to poorly balanced synthetic and real Vermont.