E-12024 DSM Annual Progress Report
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art of the 2024 DSM Evaluation. Affordable Single-family Homes was also impacted by reduced - savings resulting from the billing analysis but increased participation helped offset the lower - savings. - Total portfolio expenditures were $6...
AI summary The 2024 DSM Evaluation shows increased expenditures ($65.7M) over planned and approved levels, driven by 2023 underspend and investments in lighting incentives and DSM consultant costs related to E1's five-year plan and NSUARB's cost-effectiveness test directive. Participation in Affordable Single-family Homes offset lower savings from billing analysis.
3.3 2024 Expenditures - In 2024, E1's total expenditures were $65.7 million, $6.1 million, or 10%, above the mid-course - adjusted planned spending levels of $59.6 million, and $8.2 million, or 14%, above the 2024 Plan - as Approved spendi...
AI summary E1's 2024 expenditures of $65.7M exceeded planned spending by 10% and the 2024 Plan by 14%, driven by reinvestment of 2023's $7.8M underspend and increased spending on DSM initiatives, including a new five-year DSM Plan and a cost-effectiveness test mandated by the NSUARB. Incentive expenditures remained comparable to 2023 levels.
3.4 2024 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 2024 portfolio-level unit cost of $0.36/kWh, below mid-course adjusted ($0.39/kWh) and year-end forecasted ($0.43/kWh) targets. Residential results ($0.40/kWh) improved due to overperformance in rebate programs, while BNI results ($0.26/kWh) benefited from Custom Incentives. Increased incentives and policy changes in Direct Installation raised unit costs by 10% year-over-year.
ENABLING STRATEGIES 2024 ACTIVITY HIGHLIGHTS - six DSMAG sessions on developing an optimal cost-effectiveness test (benefit cost analysis) for Nova Scotia, and a revised report by Energy Futures Group was distributed to the DSMAG on the re...
AI summary Activities in 2024 focused on DSMAG sessions related to cost-effectiveness testing, distribution of reports on E1's 2026-2030 DSM Plan, stakeholder engagement, and modelling assumptions. Sessions included reviews of annual progress reports, evaluation reports, and savings verification, alongside advance materials distribution.
Table 1 Update on Implementation of 2018-2022 Evaluation Recommendations Year Evaluation/ Verification Recommendation Text Source Status Comments Expected Period of Completion 2021 Verification Several jurisdictions, for example Minnesota,...
AI summary The document discusses the ongoing implementation of a 2021 recommendation for Efficiency Nova Scotia (ENS) to review the new National Standard Practice Manual and expand planning for Distributed Energy Resources. ENS has engaged an external consultant to develop a cost-effectiveness test for Nova Scotia's Demand Side Management (DSM) Plan and expects to file an application with the regulator in 2025.
E-22024 DSM Programs Evaluation Reports
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Table 2: Instant Rebates Participant and Overall Free-ridership Algorithm 2022 Algorithm 2024 J Algorithm 1) Agree 1 [IF E5=1] Do you agree or disagree 1) Agree 1 [IF E5=1] Efficiency Nova Scotia promotional 2) Disagree EMPTY that Efficien...
AI summary Table 2 outlines the Instant Rebates Participant and Overall Free-ridership Algorithm for 2022 and 2024, focusing on whether Efficiency Nova Scotia promotional materials influenced company representatives to consider the cost-effectiveness of efficient products in their facility evaluations.
3 Effective Useful Life This section outlines the EUL values used to calculate lifetime energy savings. This section also presents EUL values for demand reduction measures; these values are not used to calculate lifetime energy savings sin...
AI summary This section defines Effective Useful Life (EUL) values for calculating lifetime energy savings and demand reduction measures. It clarifies that EUL for demand response measures reflects the persistence of demand reduction, not energy savings, and emphasizes using EUL in cost-effectiveness ratio calculations to capture lifetime benefits.
6 Effective Useful Life This section outlines the EUL values used to calculate lifetime energy savings. This section also presents EUL values for demand reduction measures; these values are not used to calculate lifetime energy savings sin...
AI summary The section explains that Effective Useful Life (EUL) values are used to calculate lifetime energy savings for energy-saving measures, while demand response measures use EUL to represent the duration of demand reduction. EUL values are crucial for cost-effectiveness ratio calculations to ensure lifetime benefits are accounted for.
Table 373: Instant Rebates Distributor Influence Level Algorithm Current Algorithm Adjusted Algorithm E4 Efficiency Nova Scotia program and what was learned by participating in that program, a company representative took into account the c...
AI summary The table discusses the Instant Rebates Distributor Influence Level Algorithm, highlighting how a company representative considers the cost-effectiveness of energy-efficient measures when evaluating options for a facility within the Efficiency Nova Scotia program.