HomeEquity AccessM07544Evidence
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Topic:"Equity Access" in M07544

Matter: E-ENS-R-16 - EfficiencyOne - Incentive Setting Methodology Review and RecommendationsGroup with M06733
10 passages 6 documents

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E-1Incentive Setting Methodology: CLEAResult Report & EfficiencyOne Implementation Plan 1 passage
Incentive Setting for Energy Efficiency Programs p. p. 25
Incentive Setting for Energy Efficiency Programs Energy conservation programs feature different types of incentives to attract participation. The underlying theory behind the design of energy conservation programs is that some energy effic...

AI summary Energy efficiency programs use financial, convenience, and educational incentives to overcome barriers like cost, time, and lack of knowledge. Financial incentives are emphasized as a key component in jurisdictions studied, targeting cost barriers for residential and business customers.

E-3REVISED Incentive Setting Methodology: CLEAResult Report & EfficiencyOne Implementation Plan - Clean Version 2 passages
Incentive Setting for Energy Efficiency Programs p. p. 25
Incentive Setting for Energy Efficiency Programs Energy conservation programs feature different types of incentives to attract participation. The underlying theory behind the design of energy conservation programs is that some energy effic...

AI summary Energy efficiency programs use financial, convenience, and educational/technical assistance incentives to overcome barriers like cost, time, and lack of knowledge. Financial incentives are emphasized as a key component in jurisdictions studied to address cost barriers for residential and business customers.

The Importance of Education and Awareness p. p. 43
The Importance of Education and Awareness In almost all cases, education and awareness initiatives play a key role in motivating the customer to make a purchase decision. While educational incentives are not specifically discussed in this...

AI summary Education and awareness initiatives are crucial for motivating customer participation in programs by removing financial and non-financial barriers. They help customers recognize financial benefits of measures and overcome knowledge gaps about programs, technology, or services, thereby reducing the need for incentives.

69564NSPI - Comments 1 passage
General Comments p. p. 2
- 3- The CLEAResult report does not discuss how to set incentives for low-income programs. The report acknowledges that the retail price of electricity has increased 70 percent in the past ten years, and that it is important to understand...

AI summary The CLEAResult report is criticized for not addressing low-income program incentives, affordability concerns, and budget allocation. It acknowledges rising electricity prices and suggests using PCT and PAC cost-effectiveness tests to determine incentive ranges. Budget allocation should prioritize programs with the highest kWh reduction per dollar spent, while ENS's role in customer education could reduce ratepayer-funded incentives.

69771Reply to Stakeholder Comments re Incentive Setting Methodology 2 passages
1) Customer Research p. p. 3
1) Customer Research The customer research is intended to capture the understanding of the customer's motivations and barriers to participate. The identification of the barriers will inform the incentive design, and broader program design...

AI summary Customer research aims to identify motivations and barriers to participation, informing incentive and program design. Understanding customer valuation methods (e.g., upfront costs, lifecycle costs) ensures aligned incentives. Barriers may require education or non-financial incentives to address.

3) Supply Chain Research p. p. 3
3) Supply Chain Research The supply chain research assists with understanding if members of the supply chain and stakeholders face barriers to participation in the programs and whether a specific incentive level (or broader program design...

AI summary The supply chain research aims to identify barriers faced by supply chain members and stakeholders in program participation, evaluate the effectiveness of different incentive levels (midstream, upstream, downstream), and support customer and technology research efforts.

69772Incentive Setting Methodology and CLEAResult Report and EfficiencyOne Implementation Plan - Second Revision - Clean Version 2 passages
Incentive Setting for Energy Efficiency Programs p. p. 25
Incentive Setting for Energy Efficiency Programs Energy conservation programs feature different types of incentives to attract participation. The underlying theory behind the design of energy conservation programs is that some energy effic...

AI summary Energy efficiency programs use financial, convenience, and educational incentives to overcome barriers like cost, time, and lack of knowledge. Financial incentives are emphasized as a key component in jurisdictions studied, aiming to make energy-efficient choices feasible for customers.

The Importance of Education and Awareness p. p. 43
The Importance of Education and Awareness In almost all cases, education and awareness initiatives play a key role in motivating the customer to make a purchase decision. While educational incentives are not specifically discussed in this...

AI summary Education and awareness initiatives are critical for motivating customer participation in programs by addressing both financial and non-financial barriers. They help customers recognize financial benefits of measures and overcome knowledge gaps about programs, technologies, or services, thereby improving participation rates and reducing reliance on incentives.

69773Incentive Setting Methodology and CLEAResult Report and EfficiencyOne Implementation Plan - Second Revision - Redline Version 2 passages
Incentive Setting for Energy Efficiency Programs p. p. 0
Incentive Setting for Energy Efficiency Programs Energy conservation programs feature different types of incentives to attract participation. The underlying theory behind the design of energy conservation programs is that some energy effic...

AI summary Energy conservation programs use financial, convenience, and educational/technical assistance incentives to overcome barriers like cost, time, and lack of knowledge. Financial incentives are emphasized as a key component in jurisdictions studied to encourage energy-efficient choices for residential and business customers.

The Importance of Education and Awareness p. p. 45
The Importance of Education and Awareness In almost all cases, education and awareness initiatives play a key role in motivating the customer to make a purchase decision. While educational incentives are not specifically discussed in this...

AI summary Education and awareness initiatives are crucial in motivating customer participation by removing both financial and non-financial barriers, enabling informed decisions and reducing the need for incentives when measures are financially beneficial.

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