- Dec 13, 2019 1:57 am GMT
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Vermont utilities have faced some pushback for touting in-state energy generation projects like wind and solar, selling the renewable 'credits' to other states, then purchasing cheaper credits from out-of-state projects like hydropower to count toward the state’s renewable requirements. Eric Phaneuf, director of business development for Waitsfield-based Aegis Renewable Energy, said that he sees an opportunity for people looking to make more money from their older solar array. But he expressed concerns that the app would encourage Vermont businesses to purchase credits from existing projects instead of investing in new, in-state renewable power generation. "Unless we get new clean energy projects, we don’t clean up the profile of our current energy mix," said Phaneuf.