E-12023 DSM Annual Progress Repot
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3.4 2023 Unit Cost - Unit cost data is a calculation output of E1's investment and savings over a defined time period. - Factors that influence unit cost results typically include: - the level of participation in a program or program compo...
AI summary E1 achieved a 2023 portfolio-level unit cost of $0.33/kWh, below mid-course adjusted ($0.42/kWh) and year-end forecasted ($0.37/kWh) targets. Lower costs stemmed from overperformance in programs like Existing Residential and BNI Efficient Product Rebates, driven by higher energy savings and reduced heat pump installation costs.
Regulatory Affairs - Engagement with regulatory stakeholders and the DSM Advisory Group (DSMAG) including: - o DSMAG meeting on the 2022 Annual Progress Report and 2022 Evaluation Reports and facilitation of DSMAG process to consider these...
AI summary The document outlines engagement activities with regulatory stakeholders and the DSM Advisory Group (DSMAG), including meetings on the 2022 Annual Progress Report, development of DSM cost-effectiveness testing methodology, and planning for the 2026-2030 DSM Plan. E1's Residential Behaviour program and evaluation processes are highlighted.
ENABLING STRATEGIES 2023 ACTIVITY HIGHLIGHTS o DSMAG meeting on updates to avoided costs.
AI summary The DSM Advisory Group convened to discuss updates to avoided costs, a key consideration in energy regulation and efficiency programs. This meeting highlights ongoing efforts to refine cost methodologies impacting utility planning and consumer incentives.
Table 4: Update on Implementation of 2022 Verification Recommendations Year Evaluation/ Verification Recommendation Text Source Status Comments Expected Period of Completion 2022 Verification E1 should set up a study group to review the ne...
AI summary In 2023, E1 engaged an external consultant to review and develop an optimal cost-effectiveness test for Nova Scotia with the DSM Advisory Group, following the NSUARB's directive. This work was initiated in Q4 2023 and is expected to continue into 2024.