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.
VEIC acquires its first patent, for an algorithm enabling analysts to use smart-thermostat and smart-meter data, along with weather information, to determine how fast a building loses internal temperature; providing cost-saving remote assessment of building shell performance.
VEIC co-founder, Beth Sachs, receives a Lifetime Achievement Award, from Northeast Energy Efficiency Partnerships, honoring 40 years of pioneering leadership in the energy efficiency field.
VEIC leads an innovative Vehicle-to-Grid Electric School Bus pilot program for the Massachusetts Department of Energy Resources.
VEIC works with the Delaware Sustainable Energy Utility to develop a Zero Energy Modular (ZEM) Home Replacement Program, based on the original ZEM program developed for Efficiency Vermont.
VEIC launches Commons Energy, a public purpose energy services company designed to reduce energy costs for multifamily housing and other public-serving buildings.
The Biomass Energy Resource Center at VEIC plays a key role in securing a partnership between the State of Vermont and the State of Upper Austria to develop biomass heating programs and technologies.
The VEIC-administered Efficiency Vermont helps design the first zero-energy-ready replacement for mobile homes in a collaboration with Vermont modular home manufacturer, Vermod Homes, and the Vermont Housing & Conservation Board.
VEIC marks its 25th anniversary by rededicating itself to the mission of the organization and strengthening its unique culture.
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.
VEIC creates a transportation efficiency division to focus on the development of transportation efficiency implementation programs, policy development, and advocacy.
VEIC moves its Burlington, Vermont headquarters to Lakeside Avenue, transforming a 150-year-old mill building into an energy-efficient, sustainable, and productive office space.
This year marks the start of VEIC’s annual top-ten ranking on the Best Places to Work in Vermont list, recognizing VEIC for its positive impact on Vermont’s economy and workforce as measured by workplace policies, practices, demographics, and employee satisfaction.
VEIC launches two new energy efficiency utilities: Ohio-based EfficiencySmart, in partnership with American Municipal Power, and the District of Columbia Sustainable Energy Utility, under a contract with the District Department of the Environment.
VEIC co-founder Blair Hamilton passes away after fighting a 20-year battle with cancer. In his honor, VEIC creates the Blair Hamilton Memorial Fund for Innovation in Energy Efficiency and Social Justice.
Under a contract with the U.S. Department of Energy, VEIC begins to provide technical assistance to municipalities across the U.S., completing more than 200 projects in four years.
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.
Owing to Vermont legislation, the VEIC-administered Efficiency Vermont expands its scope to include both electricity and fossil fuel efficiency, supported in part by the Northeast Regional Greenhouse Gas Initiative and by VEIC’s participation in the region’s Forward Capacity Market; selling saved energy as a resource to the region’s electric grid.
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.
VEIC opens a New Jersey office, with a team of partners implementing New Jersey’s Customer Onsite Renewable Energy program for business and residences.
VEIC introduces KITT, an enhanced data management software system designed to track savings and manage customer information, allowing Efficiency Vermont to better serve customers.
VEIC develops the concept of "market-based program design," focusing strategies on customer needs, rather than technologies or individual program boundaries.
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”.
Efficiency Vermont launches the inaugural Better Buildings by Design Conference, which now draws more than 1,200 contractors, architects, engineers, developers, and energy professionals annually.
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.
VEIC develops CAT, a software screening tool to determine the cost-effectiveness of energy measures.
Efficiency Vermont is born. VEIC wins the contract, with the Vermont Public Service Board, to create and administer the nation’s first energy efficiency utility. Efficiency Vermont begins delivering services to Vermont ratepayers in March 2000.
VEIC creates its first mission statement: “To reduce the costs, both monetary and environmental, of energy use”.
Vermont Governor Howard Dean signs into law a net metering bill, allowing customers with onsite renewable energy to feed excess power into the grid and to draw power when their systems aren’t producing. That same afternoon, VEIC installs the first photovoltaic panel complying with the new law.
Supported by the U.S. Department of Energy 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 energy efficiency utility.
VEIC launches the Vermont Fuel Buyers' Group, a project which eventually became the Energy Co-op of Vermont.
With Conservation Services Group, VEIC creates and releases the first version of Fast Track, a data management tool for tracking energy efficiency savings.
VEIC begins designing energy efficiency program in countries such as Mexico, Jamaica, St. Lucia, several provinces in Canada, and the United Kingdom.
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 New Jersey utilities.
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.
Energy Rated Homes of Vermont, a program of VEIC, wins a U.S. Department of Energy grant to serve as one of five participants in a national Home Energy Rating System pilot.
VEIC and the Burlington, Vermont Housing Authority enter into one of the national’s first public-purpose, non-profit energy performance contracts.
VEIC begins work, for the Conservation Law Foundation and the Natural Resources Defense Council, designing programs for utilities required to deliver demand-side management services.
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.
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.