AI-generated summary
· Application · 05/26/2025
EfficiencyOne filed its Q1 2025 DSM Report showing 41.1 GWh of energy savings achieved against a three-year plan on track for three of four performance targets, with demand response capacity falling significantly short.
AI summary
- EfficiencyOne achieved 41.1 GWh of net incremental energy savings, 5.0 MW of net peak demand savings, and $15.4 million in expenditures in Q1 2025, representing approximately 25% of the 2025 Plan as Approved annual investment of $62.5 million (Table 2, p. 6).
- The 2023–2025 cumulative plan forecast projects 105% of the energy savings target (433.0 GWh vs. 412.7 GWh approved) and 96% of the demand savings target (75.5 MW vs. 78.8 MW), but only 56% of the available capacity target for demand response (10.0 MW vs. 17.9 MW), meaning E1 does not expect to meet that Performance Target (Table 1, p. 2).
- Residential programs are forecast to significantly underperform their 2025 Plan as Approved targets—particularly Existing Residential, where the Residential Behaviour program component projects only 15.0 GWh (vs. 29.8 GWh planned) due to lower-than-expected savings per participant from delivery agent Bidgely, while Affordable Single-family Homes (HomeWarming) nearly met its full-year participation target in Q1 alone (491 of 493 homes; Table 3, p. 8).
- Demand Response results for the 2024/2025 season (December 1, 2024–February 28, 2025) remain pending and are expected to be reported in Q2 2025; the year-end forecast of 10.0 MW available capacity is 44% below the Plan as Approved target of 17.9 MW, with challenges in the Eco Shift residential pathway and BNI Aggregator pathway cited as contributing factors (Table 10, p. 22).
- Portfolio-level unit cost is forecast to rise to $0.44/kWh from the approved $0.38/kWh, consistent with E1's own characterization in its 2026 DSM Extension Application (M12249) that diminishing low-cost lighting opportunities are driving DSM toward more complex, higher-cost markets (p. 9).
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What was filed
Documents filed on this day
- E-1 Report
- 97777 Letter EOne re: 2025 Q1 Demand Side Management Report