Topic:"Financial Instruments" in M07544

As can be seen in the Recommendations, a full financial analysis should be documented for all incentive-setting including analysis of both current and estimated future retail pricing, Incremental Equipment Costs, running the Participant Co...

AI summary The text emphasizes the need for comprehensive financial analysis in setting incentives, including evaluating current and future retail pricing, incremental equipment costs, participant cost tests, TRC and PAC analyses, and assessing budget and cost effectiveness impacts.

Figure 23: Union Gas Targets & Performance Metric[s](#page-125-0) 4 Resource Acquisition Scorecard Total MT budget Total Program Budget without Overheads Total Program Overhead Total Program Budget with Program-level Overhead Portfolio-lev...

AI summary The text presents a table detailing Union Gas's Resource Acquisition Scorecard, including various budget figures such as total program budgets with and without overheads, portfolio-level overheads, and research costs across different time periods.

Understand Financial Impacts EfficiencyOne conducts cost effectiveness testing using the TRC test. The TRC is calculated at the measure level to qualify measures, though some measures are included that do not pass the TRC test for strategi...

AI summary EfficiencyOne uses the Total Resource Cost (TRC) test for cost-effectiveness screening at both measure and program levels, though some measures are included for strategic reasons even if they fail the TRC. A new software-based data management system is being implemented to track measure implementations. Recommendations include improving granularity in tracking frequency and determining appropriate incentive screening thresholds.

Figure 23: Union Gas Targets & Performance Metric[s](#page-125-0) 4 Resource Acquisition Scorecard Large Volume Large Volume Large Volume - Revised Large Volume Overhead - Revised Evaluation - Revised Evaluation - Revised Large Volume Tota...

AI summary The text presents a detailed breakdown of Union Gas's budget and performance metrics, including various program costs, overheads, and financial figures. The table outlines different categories such as program budgets, evaluation costs, administrative expenses, and other financial allocations, with figures ranging from thousands to millions of dollars.

Figure 7: Identified Incentive Setting Best Practices Methodology Research and Engagement Phase F ina ia l Im ts nc p ac & R is ks Us ing l im ina inc ive t tes p re ry en ra i de i f ie d in he iou ha d nt t p rev s p se a n ic ip ion fo...

AI summary Figure 7 outlines a methodology for identifying best practices in incentive setting, emphasizing the importance of financial instruments and risk management. It highlights the need for balanced approaches in incentive design, including proper funding and program implementation.

br>t cy e c ur re c p rog ra ms f ina ia l im hro h in d iv i du l p t t nc p ac ug a rog ra m ion W he inc ive t o t t ma na g em en p er a s. n en f f On ha i de d, E ic ien tes c ng es a re co ns re cy e c rea f ina ia l fo f t he inc i...

AI summary The document discusses the implementation of energy efficiency programs by Efficiency Nova Scotia, including the management of incentive programs, the use of financial instruments, and the development of new solar energy systems. It also mentions the integration of these programs into broader energy management systems and the measurement of their impact.

Figure 20: Gas Program Budgets 4 Utility 2014 (Actuals) 2015 2016 2017 2018 2019 2020 2015-2020 Total Proposed Portfolio Overhead Costs $11,735,000 $6,142,000 $5,642,000 $5,642,000 $5,642,000

AI summary Figure 20 presents gas program budgets for various years, showing proposed portfolio overhead costs for a utility. The data includes actuals for 2014 and projections from 2015 to 2020, with a total for the period 2015-2020.