VLITE as a public benefit, nonprofit corporation, will exercise its charge to represent the best interests of the public by appointing three voting members of the VELCO Board and allocating funding to advance Vermont’s Comprehensive Energy Plan.
The mission of VLITE is to help meet the needs of low-income Vermonters by
reducing energy costs and increasing energy efficiency. Since we began
issuing grants in 2013, VLITE’s strategy has also been to support projects
that can be transformational – that can serve as models and open new
pathways for renewable technologies, efficiency measures, and education and
outreach programs. Vermont is transitioning to a largely renewable-energy
economy, with all the economic, environmental and health benefits that
improve all Vermonters lives.
Through its Comprehensive Energy Plan, the state has set an ambitious goal –
that by 2050, 90% of all Vermont’s energy needs, in transportation,
buildings and electric power, will be met by renewable sources, with our
overall energy consumption reduced by more than one third.
VLITE has also issued over $6 million in grants supporting projects that, in
part, are reduced energy costs and improved the long-term energy efficiency
of low income Vermonters homes; helped to promote electric vehicles and
install more charging stations; and helped utilities to protect power
supplies and better deploy the energy that’s being generated by the growing
number of solar and biomass resources around the state.
At our December 2018 meeting, the VLITE Board updated its strategic plan.
The Board determined that it needed to further increase its commitment to
low income Vermonters. In prior years, VLITE as an annual average, issued
55% to 60% of its grants to improving energy efficiency for low income
Vermonters. In FY 2019 the percentage will be increased to 75%. The
remaining 25% will still continue to support Comprehensive Energy Plan
projects that can be transformational – that can serve as models and open
new pathways for renewable technologies, efficiency measures, education and
job development. These percentages can be revised at the discretion of the