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.
3.4 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.
Appliance Retirement Highlights • Appliance Retirement energy and demand savings were consistent with expectations in 2024; however rising delivery costs combined with declining savings from increasingly newer and more efficient units bein...
AI summary Appliance Retirement program savings in 2024 were consistent but faced challenges from rising delivery costs and declining savings due to retiring newer, efficient units, prompting a program review. Savings are attributed to HomeWarming and Mi'kmaw Home Energy Efficiency Project, with E1 administering the former using DSM funds for non-electrically heated homes.
Other regulatory activities included: - ongoing development of the 2026-2030 DSM Plan (in February 2025 the provincial government introduced legislation to extend E1's current DSM Plan by one year to include 2026. Assuming the legislation...
AI summary Regulatory activities include development of the 2026-2030 DSM Plan, pending legislation to extend E1's DSM Plan, 2024 DSM evaluation, NS Power project participation, and information requests on load forecasts. Key entities involve E1, provincial government, and NS Power.
Rate Class Expenditures - E1 reports on planned and actual DSM expenditures by rate class to aid in cost recovery - allocations.[32](#page-51-0) - In an effort to provide insight into how E1 tracks and calculates its rate class results, th...
AI summary E1 reports on planned and actual Demand Side Management (DSM) expenditures by rate class to support cost recovery allocations. The document outlines E1's methodology for tracking rate class results, historical investment data, 2024 results, and 2025 forecasts.
1.1 Rate class allocation for 2023-2025 DSM Plan - Rate class investment allocations for the 2023-2025 DSM Plan were the sum of rate class - allocations calculated by program component. For each program component, the spending by - rate cl...
AI summary E1 allocates DSM Plan funds by rate class using historical spending data, with exceptions for Custom. The methodology ties to NS Power's DCR Rider applications and references a 2015 NSUARB order and the Public Utilities Act. E1 commits to refining estimates for future DSM Plans.
1 Table 1: Historical Expenditures by Rate Class Historical Expenditures by Rate Class Plan as Actual Variances Rate Class Approved ($ million) Expenditures ($ million) 2016-2024 Actual Compared to 2016- 2024 Plan as Approved 2016-2024 Act...
AI summary Table 1 presents historical expenditures by rate class from 2016-2024, showing variances between approved plans and actual spending. E1's total expenditures fell short of the approved plan by 3%, with significant deviations in categories like Small General (37% over) and Municipal (38% under). The data reflects program performance against targets.