E-1Report
4 passages
Table 2: 2025 Plan as Approved, Year-End Forecast, Q2 and Year-to-date (YTD) Results 2025 5 Plan as App roved 202 5 Year-End Fore cast Q: 2 and YTD 2025 Resu ılts P rogram Status Efficient Product Rebates 38.5 572.4 7.2 8.4 - 33.6 500.4 5....
AI summary Table 2 presents data on the 2025 Plan as approved, year-end forecasts, and Q2 and year-to-date results for various energy efficiency programs. It includes metrics such as program participation, costs, and performance indicators for initiatives like Efficient Product Rebates, Business Energy Rebates, and Strategic Energy Management.
3.2 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 component;...
AI summary The unit cost for E1's 2025 Plan is projected at $0.42/kWh, higher than the approved $0.38/kWh due to the inclusion of more complex markets. Residential program costs are higher due to a program pause from a cybersecurity incident and a shift in focus. BNI program costs are lower than expected.
3.3 Year-to-Date Expenditures [Figure 1](#page-14-0) presents a breakdown, by category, of E1's expenditures year-to-date. Expenditure results for Q2 2025 are $32.8 million. E1's incentive expenditures, as a percentage of total expenditure...
AI summary E1's year-to-date expenditures in Q2 2025 reached $32.8 million, with a higher proportion allocated to incentive programs compared to 2024. Increased participation in Affordable Single-family Homes, changes in Efficient Product Installation offerings, and adjustments to Business Energy Rebates and Small Business Energy Solutions have influenced the expenditure breakdown.
Instant Savings Highlights - Stronger-than-expected results in Q1 (which included some November and December 2024 sales of lighting, outdoor heavy-duty timers, and smart thermostats), and in the early part of Q2, led to a review of planned...
AI summary E1 has adjusted the Instant Savings program for 2025, removing eligibility for certain products to stay within the $173 million investment limit for the 2023-2025 DSM Plan. Heat pump water heaters and other products remain eligible. Appliance replacement savings are covered under the Affordable Single-family Homes and Mi'kmaw Home Energy Efficiency Project, with funding from the Province of Nova Scotia.