2027

Our Mission. Our Story.

Our work will result in reducing 20 million tons of greenhouse gas emissions (GHG) (carbon ton equivalent) per year by 2027, twice the amount the entire state of Vermont produced in 2007. This is equal to eliminating the need for seven 300 MW coal plants or removing 4 million cars from our roads. This work will generate net economic benefits in 2027 of $1.5 billion.

We will ensure that at least 10% of the GHG and fiscal savings we create in 2027 will be from work that benefits low-income people.

As a community, we will reduce the average GHG footprint per staff person by 50% as measured against the 2007 VEIC per-employee average, incorporating both business and personal GHG emissions.

2013

VEIC rebrands itself to bring to life its mission. The updated logo represents the spark of hope and the spark of the ideas that we put into new energy solutions. The circle represents the most abundant form of energy—the sun—and the planet we all inhabit. Circles are a visual metaphor of unity, infinity, and strength. Finally, we use black to remind us of the gravity of the current energy situation. This seriousness and urgency is juxtaposed with moments of color that represent the optimism in the work VEIC is doing.

2012

VEIC marks its 25th anniversary by rededicating itself to the mission of the organization and strengthening its unique culture.

2012

VEIC expands its expertise in renewable energy through the acquisition of the Biomass Energy Resource Center (BERC), building upon years of cooperation between the two organizations.

2012

VEIC creates a transportation efficiency division to focus on the development of transportation efficiency implementation programs, policy development, and advocacy.

2011

VEIC moves to its current location on Lakeside Avenue, repurposing a150-year-old mill building into an energy-efficient, affordable, sustainable, and productive workspace

2011

VEIC wins an award for being one of the Top Ten Places to Work in Vermont, and continues to win each year since.

2011

Two new energy efficiency utilities come to life, furthering the proof of concept that an Energy Efficiency Utility can operate successfully in different environments—from rural, to industrial, to urban. VEIC launches EfficiencySmart in Ohio, in partnership with American Municipal Power and the District of Columbia Sustainable Energy Utility, under a contract with the District Department of the Environment.

2011

After 20 years of working and living with an incurable cancer, co-founder and dear member of the community, Blair Hamilton passes away. In his honor, VEIC creates the Blair Hamilton Memorial Fund for Innovation in Energy Efficiency and Social Justice.

2010

Under a contract with the DOE, VEIC begins to provide technical assistance to cities and municipalities across the US and its territories, completing more than 200 projects in four short years.

2008

The VEIC Board of Directors selects Scott Johnstone to become VEIC's new Executive Director, assuming the role from Beth Sachs who steps down after 22 years of leading the organization through birth, transformation, and growth.

2008

Made possible by legislative action, Efficiency Vermont expands its scope to address electric heating efficiency as well as electricity, supported in part by the Northeast’s Regional Greenhouse Gas Initiative and participation in the region’s Forward Capacity Market by “selling” efficiency as a resource to the region’s grid operator.

2007

At its 20 year anniversary, VEIC adopts a "big, hairy audacious goal" for its next 20 years—"Our work will result in reducing 20 million tons of greenhouse gas emissions per year by the year 2027." This is also the first year that Efficiency Vermont’s work helps to bend the curve to turn Vermont’s electricity load growth negative.

2006

VEIC opens an office in New Jersey with a strong team of partners to implementing New Jersey’s Customer Onsite Renewable Energy (CORE) Program for both business and residential customers.

2005

VEIC introduces KITT, an enhanced data management software system designed to track savings and manage customer information, allowing Efficiency Vermont to better serve customers.

2003

VEIC develops the concept of "market-based program design," focusing strategies on customer needs, rather than technologies or individual program boundaries.

2003

VEIC wins the Innovation in American Government Award from the Harvard Kennedy School of Government for Efficiency Vermont, the nation’s first “energy efficiency utility”.

2003

Efficiency Vermont launches the inaugural Better Buildings by Design Conference, which now draws more than 1,200 contractors, architects, engineers, developers, and energy professionals.

2001

VEIC consulting work continues to expand in the areas of renewable energy, distributed generation, efficiency program design, and more to sites across the U.S. and Canada. In this year, VEIC also creates the first VEIC logo.

1999

VEIC develops CAT, a software screening tool to determine the cost-effectiveness of energy measures.

1999

Efficiency Vermont is born. VEIC wins the contract from the Public Service Board of Vermont to create the nation’s first energy efficiency utility. Efficiency Vermont begins delivering services to Vermont ratepayers in March 2000.

1998

VEIC writes its first-ever mission statement: "to reduce the costs, both monetary and environmental, of energy use." While the team is good at creating a lasting mission, their power of prediction isn't so hot. Ten-year projected revenues of $2 million annually turns out to be $20 million!

1998

Governor Howard Dean signs into law Vermont's net metering bill that allows customers with onsite renewable energy to feed excess power into the grid and draw power when their system isn't producing. VEIC installs the first PV panel in compliance with the new law that same afternoon.

1997

Supported by the DOE and in partnership with the Vermont Department of Public Service and the Office of Economic Opportunity, VEIC creates the Residential Energy Efficiency Program (REEP), the precursor to the first-ever “energy efficiency utility".

1996

VEIC launches the Vermont Fuel Buyers' Group, a project which eventually became the Energy Co-op of Vermont.

1996

With Conservation Services Group, VEIC creates and releases the first version of Fast Track, a data management tool for tracking energy efficiency savings.

1993

Beyond the U.S., VEIC begins designing energy efficiency program in countries such as Mexico, Jamaica, St. Lucia, several provinces in Canada, and the United Kingdom.

1993

In partnership with Natural Resources Defense Council and New Jersey Public Service Electric & Gas, VEIC begins work in New Jersey, followed by work with other utilities.

1992

VEIC wins a contract to provide home energy rating services for all new residential construction in Central Vermont Public Service territory, requiring VEIC to cover all corners of the state. Two years later, VEIC is providing similar services to 80% of Vermont’s electric utility service territories.

1991

Energy Rated Homes of Vermont, a program of VEIC, wins a Department of Energy (DOE) Grant to serve as one of five pilot states participating in a national Home Energy Rating System enabling VEIC to install its first computer network.

1989

VEIC enters into one of the nation’s first public-purpose, non-profit energy performance contracts with the Burlington Housing Authority. VEIC installed a 60-kW, natural-gas-fired cogeneration system that provides this 160-unit public housing high-rise with all of its hot water needs and some space heating. HUD called this innovative financing mechanism the "Burlington model."

1988

Begins working for CLF and NRDC designing programs for utilities being forced to deliver DSM services.

1987

A partnership of the Vermont Home Finance Agency and VEIC launches the Home Energy Improvement Loan Program, an innovative financing and technical assistance program for low-and moderate-income Vermont homeowners, that loans close to $1 million dollars for energy-efficiency improvements and was then taken up by commercial lenders.

1986

Founders Beth Sachs and Blair Hamilton incorporate VEIC with the purpose of "the promotion and encouragement of conserving precious natural resources, reducing energy costs for consumers, particularly low-income consumers and entities serving low-income consumers, and engaging in economic development activities which benefit the community as a whole and promote the well-being and self-determination of its low-income members." They issued the first press release announcing the formation of the new organization with a year-one annual budget of $8,000.