Topic:"Financial Instruments" in M10473

1 Table 48: Custom Incentives Performance Indicators – Comparison of Settlement Plan and Alternate Scenario Scenario Year ear Ener First-Year Lifetime Energy Energy Savings Savings Total Resource Cost Test (TRC) a Program Administrator Cos...

AI summary Table 48 compares the performance indicators of the Settlement Plan and Alternate Scenario for the BNI Custom Incentives Program, highlighting differences in energy savings, costs, and participation metrics across 2023 to 2025.

9.4 AUDITED FINANCIAL STATEMENTS - E1 will retain the services of an external financial auditor to prepare audited annual financial statements. - These will be filed with the NSUARB in the second quarter of the following year, no later tha...

AI summary E1 will engage an external financial auditor to prepare audited annual financial statements, which will be submitted to the NSUARB by April 28 of the following year, as per the Revised Filing Dates letter issued in January 2018.

Overview of Spreadsheet Calculations DATE FILED: 11 March 2022 Page 11 of 16 ____________________________________

AI summary This section provides an overview of spreadsheet calculations filed on 11 March 2022. It outlines key financial and regulatory considerations relevant to the proceeding.

6 Q. IS EFFICIENCYONE'S TRC TEST CONSERVATIVE? 7 A. Yes, there are several areas that make EfficiencyOne's TRC test results 8 conservative relative to practices in other states or provinces. First, fixed and 9 variable administrative costs...

AI summary EfficiencyOne's TRC test is considered conservative due to factors such as allocating administrative costs at multiple levels, not exempting low-income participants, using WACC as a discount rate, and employing the minimum clearing floor cost for carbon emissions compliance. These practices align with standard evaluation methods.

Table 1: BER-MI Participant Survey Free-ridership Algorithm C3. If your organization had not received the rebate from Efficiency Nova Scotia, would you have paid the full cost of the energy-efficient measures? (Scale 0 to 10) IF DK OR REF:...

AI summary This table outlines the algorithm used to calculate the free-ridership score for participants in the Business Energy Rebates (BER) Program. It includes questions about whether participants would have paid for energy-efficient measures without the rebate and their awareness of certified lighting products.

Residual Suggested ID # Original finding Original Finding Description Status Remaining gaps Recommendations risk level timeframe 3.1 Access controls While EfficiencyOne has developed various Remediated + While EfficiencyOne has EfficiencyO...

AI summary EfficiencyOne has implemented logical access controls, but there are inconsistencies, especially with third-party IT providers, leading to a high risk. The original recommendations have been addressed, but further action is needed to align with the rate of access and permissions reviews.

rporate data warehouse with access to PI corporate data through an embedded Excel macro. warehouse Management response N/A Residual Suggested ID # Original finding Original Finding Description Status Remaining gaps Recommendations risk lev...

AI summary This chunk discusses a finding related to the redaction of social insurance numbers in EfficiencyOne's corporate data warehouse. The concern is that the current method does not fully render the numbers irrecoverable, although physical security safeguards are in place for paper forms.

”) tariffs (see, e.g., Statewide Plan, Exh. 1, App. A at 40; Exh. NG-Electric-5, Table IV.B.3.6 (Rev.)). Based on current Department-approved tariffs, the electric Program Administrators calculate separate EERFs for their residential, low-...

AI summary The document discusses the calculation of energy efficiency reconciliation factors (EERFs) for different customer classes and the use of local distribution adjustment factors (LDAF) by gas Program Administrators. It also notes the lack of projected revenues from other funding sources during the Three-Year Plan term and the submission of bill impacts for both participants and non-participants.

to a proposal to develop a consistent approach for weatherization programs across all Arkansas utilities, the PSC approved a uniform weatherization program in PSC Docket 13-002-U, Order No. 22 at 11. Act 1102 of 2017 (Ark. Code Ann. Sec. 2...

AI summary Arkansas has approved a uniform weatherization program for utilities, but has not implemented financial assistance programs for low-income customers as authorized by Act 1102 of 2017. Low-income energy efficiency programs are not required to meet cost-effectiveness rules, and AWP funds are coordinated with federal WAP funds to cover installation costs.

on state standards, federal Energy Star and WaterSense specifications, and industry standards in most cases or, where a standard is not incorporated by reference, the standard is specified by statute. The standards apply to new products so...

AI summary The text discusses energy efficiency standards in Colorado and financial incentives in Connecticut. Colorado enforces standards based on federal Energy Star and WaterSense specifications, with phased implementation. Connecticut provides financial incentives and leads by example in energy efficiency, though it lacks a building energy-use disclosure policy.

of customer-side distributed resources, including CHP systems larger than 50 kW. Net metering: Connecticut’s net metering regulation is only applicable to renewable-powered systems up to 2MW in size. Last Updated: July 2018 ","Some additio...

AI summary Connecticut has implemented several supportive policies for combined heat and power (CHP) systems, including streamlined air permitting, financial incentives, and eligibility under renewable portfolio standards. The state also offers grants and loans for microgrids and anaerobic digestion facilities, and provides discounted natural gas rates for CHP systems.

SEU shall “improve the energy efficiency of low-income housing in the District of Columbia.” For the 2017-2021 program cycle the low-income spending requirement was adjusted to 20% of expenditures. Cost-Effectiveness Rules for Low-Income E...

AI summary The DCSEU is required to improve energy efficiency in low-income housing in the District of Columbia. For the 2017-2021 cycle, 20% of expenditures must be directed to low-income programs. While no specific cost-effectiveness rules apply, a 5% adder is used for non-energy benefits. The WAP is coordinated with DCSEU to increase weatherization efforts using additional funds from the IQEF.

lization, research, and development projects relating to renewable energy technologies and innovative technologies that significantly increase energy efficiency for vehicles and commercial buildings. Farm Energy and Water Efficiency Realiz...

AI summary The text outlines several energy efficiency and renewable energy programs aimed at promoting energy savings and sustainability. These include the FEWER program, which provides on-site evaluations and cost-share reimbursements for farms, the WHEEL initiative, which offers low-cost loans for residential energy efficiency and solar projects, and the FRED program, which provides free energy evaluations and reimbursement for energy conservation measures on farms.

of a plug-in vehicle is available to residents and businesses within Guam. Last Updated: July 2017 ",0 out of 2,"Guam has not set appliance standards beyond those required by the federal government. Last Updated: July 2016 ", Hawaii,14,28,...

AI summary The text discusses energy efficiency and renewable energy initiatives in Hawaii, including financial incentives, the Green Energy Market Securitization (GEMS) program, and the role of the Database of State Incentives for Renewables and Efficiency (DSIRE). It also notes Hawaii's leadership in energy efficiency and its use of energy savings performance contracts.

te Approaches to Account for Health and Environmental Benefits of Energy Efficiency. Last reviewed: July 2019 ","Requirements for State and Utility Support of Low-Income Energy Efficiency Programs In December 2016, the Illinois State Legis...

AI summary The Future Energy Jobs Bill (SB 2814) in Illinois mandates electric utilities to implement low-income energy efficiency programs with specific funding requirements. The legislation also excludes these programs from the total resource cost-effectiveness (TRC) test. The Illinois Department of Commerce and Economic Opportunity administers weatherization funds through the Illinois Home Weatherization Assistance Program (IHWAP), which is supported by multiple funding sources including DOE WAP, HHS grants, and state-level charges.

tion on streets. FAST Freight Plans and Goals: Indiana has a state freight plan that identifies a multimodal freight network, but it does not include freight energy or greenhouse gas reduction goals. Last Reviewed: July 2019 ","Indiana doe...

AI summary The text discusses Indiana's lack of state-level freight energy and greenhouse gas reduction goals, absence of programs to incentivize low-income housing near transit, and limited appliance standards. It also mentions House Bill 1101 related to public transportation funding and notes that Iowa has energy efficiency programs and financial incentives, but does not allow energy savings performance contracting.

lesser of 10% of the cost of the purchased electric vehicle or $3000. Last Reviewed: July 2019 ",0 out of 3,"Louisiana has not set appliance standards beyond those required by the federal government. Last Reviewed: June 2019 ", Massachuset...

AI summary The text provides information on energy efficiency and incentive programs in Massachusetts, including tax incentives, grant and rebate programs, and PACE financing. It also discusses the Transit-Oriented Development (TOD) Bond Program aimed at promoting compact, mixed-use development near transit stations.

te Approaches to Account for Health and Environmental Benefits of Energy Efficiency. Last reviewed: June 2020 ","Requirements for State and Utility Support of Low-Income Energy Efficiency Programs Efficiency Vermont (EVT), the state’s ener...

AI summary Efficiency Vermont (EVT) is funded through a systems benefits charge and is required to achieve a minimum level of low-income energy efficiency spending. The state also funds low-income programs through the Weatherization Trust Fund, which is supported by a gross-receipts tax. Vermont applies a 15% adjustment to the cost-effectiveness screening tool for low-income programs.

s funding from utility USB programs and also provides bill assistance and low-income weatherization. Energy Share and DPHHS work with Human Resource Development Councils (HRDC) to distribute funding. Last reviewed: July 2019 ","Self-direct...

AI summary The text discusses self-direct programs in Montana, including funding from utility USB programs, bill assistance, and low-income weatherization. It also covers the denial of lost revenue adjustments by the PSC for NorthWestern Energy and MDU, as well as the rejection of NorthWestern's decoupling approach by the PSC.

00 per person for the purchase and installation of home charging equipment. Last Reviewed: June 2020 ",0 out of 3,"Policy: N.J. Stat. § 48:3-99 et seq., New Jersey Energy Efficiency Product Standards Description: In 2005 New Jersey Governo...

AI summary New Jersey established Energy Efficiency Product Standards in 2005, which were preempted by the federal Energy Policy Act. The standards are managed by the Board of Public Utilities. New Mexico offers financial incentives for energy efficiency and enables PACE financing, though no active PACE programs exist.

does it consider the proximity of transit facilities when distributing federal Low-Income Housing Tax Credits to qualifying property owners. Last Reviewed: July 2019 ","No policy in place or proposed. Last Reviewed: July 2019 ","No policy...

AI summary The text discusses the absence of specific policies in Ohio and Oklahoma related to energy efficiency, climate action, and incentives. It highlights the lack of state-level appliance standards, energy action plans, and disclosure policies, while noting some initiatives like PACE financing and training programs.

of State Payroll Tax Program that provides a direct ongoing revenue stream for transit districts that can demonstrate equal local matching revenues from state agency employers in their service areas. Last Reviewed: June 2020 ","In the 2017...

AI summary The document discusses Oregon's transportation and energy policies, including the State Payroll Tax Program for transit districts and the Keep Oregon Moving Act, which introduced incentives for zero-emission vehicles (ZEVs) through rebate programs. The funding for these programs comes from a tax on car dealers, though a pending lawsuit may affect its eligibility.

Homeowner are not eligible for a GELF loan. The type of financing provided includes construction loans, term loans and lease financing. Loans will range between approximately $100,000 and $2,500,000. Pennsylvania Sustainable Energy Finance...

AI summary The text discusses various energy financing programs in Pennsylvania, including the Sustainable Energy Finance Program, Alternative Fuels Incentive Grant, and the Pennsylvania Energy Development Authority. These programs offer technical assistance, low-cost capital, and financing options for clean energy and energy improvement projects.

ding of 50% of the cost of approved measures is leveraged by HCD with the federal funding they receive, allowing more homes to be served each year. Services are at no cost to the program participants. Dominion annually provides $500,000 of...

AI summary The text discusses low-income energy efficiency programs in Utah, including funding sources, eligibility criteria, and cost-effectiveness rules. It highlights Dominion's contribution of $500,000 annually, the use of specific tests for program approval, and coordination with the Weatherization Assistance Program (WAP).

This policy promotes the consideration of all forms of transportation when designing roads and highways in West Virginia. FAST Freight Plans and Goals: No finalized freight plan or goals in place. Last Reviewed: July 2019 ","West Virginia...

AI summary The text discusses West Virginia's lack of state programs to incentivize low-income housing near transit facilities and its absence of appliance standards beyond federal requirements. It also mentions the WV Commuter Rail Access Act, which established a special fund for commuter rail track access fees. Wisconsin is highlighted for its energy efficiency initiatives, including revolving loan programs and PACE financing.

Table 39: Three-Year Summary of the Business Energy Rebates Program Component Annual Plan Investment ($M) Energy Savings (GWh) Demand Savings (MW) Participation (products) Market Barriers • Upfront costs: the higher priced energy efficient...

AI summary Table 39 outlines the Business Energy Rebates Program, highlighting market barriers such as upfront costs, lack of knowledge, and time constraints. It also details key components like accessible rebates and product-level expertise. Eligible measures include energy efficiency upgrades across various sectors, such as agriculture, heating, lighting, and refrigeration.

22 Table 46: Three-Year Summary of the SEM & EMIS Program Component Annual Plan Investment ($M) Energy Savings (GWh) Demand Savings (MW) Participation (participants) 2023 Total 0.9 2.7 0.3 8 2024 Total 0.9 2.7 0.3 8 2025 Total 0.9 2.7 0.3...

AI summary This table summarizes the SEM & EMIS program component over three years, highlighting investment, energy savings, demand savings, and participation. It also identifies market barriers, such as upfront costs, internal competition for capital, and long payback periods, which hinder the adoption of energy efficiency initiatives by industrial customers.

9.4 AUDITED FINANCIAL STATEMENTS - E1 will retain the services of an external financial auditor to prepare audited annual financial statements. - These will be filed with the NSUARB in the second quarter of the following year, no later tha...

AI summary E1 will engage an external financial auditor to prepare audited annual financial statements, which will be submitted to the NSUARB by April 28 in the second quarter of the following year, as per the NSUARB's Revised Filing Dates letter from January 9, 2018.

9.4 AUDITED FINANCIAL STATEMENTS - E1 will retain the services of an external financial auditor to prepare audited annual financial statements. - These will be filed with the NSUARB in the second quarter of the following year, no later tha...

AI summary E1 will engage an external financial auditor to prepare audited annual financial statements, which will be submitted to the NSUARB by April 28 of the following year, as per the Revised Filing Dates letter from January 9, 2018.

The figure below identifies the Contract Price to be paid by NSPI allocated for each year of the Term. 2023 2024 2025 Total UARB Approved Investment Amount 53,000,000 57,500,000 62,500,000 173,000,000 Refund (273,174) TBD (273,174) Net Con...

AI summary The document outlines the Contract Price to be paid by NSPI for each year of the Term, including an investment amount and a refund of a 2019 surplus. The surplus from the 2020-2022 DSM Plan will adjust the 2024 Net Contract Amount. Any surplus from the Performance Targets will be reported to the UARB and refunded to NSPI unless directed otherwise.

9.4 AUDITED FINANCIAL STATEMENTS - E1 will retain the services of an external financial auditor to prepare audited annual financial statements. - These will be filed with the NSUARB in the second quarter of the following year, no later tha...

AI summary E1 will engage an external financial auditor to prepare audited annual financial statements, which will be submitted to the NSUARB by April 28 in the second quarter of the following year, as per the Revised Filing Dates letter from January 9, 2018.