Topic:"Forecasting Methodology" in M11630

3.4 2023 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 2023 portfolio-level unit cost of $0.33/kWh, below mid-course adjusted ($0.42/kWh) and year-end forecasted ($0.37/kWh) targets. Lower costs stemmed from overperformance in programs like Existing Residential and BNI Efficient Product Rebates, driven by higher energy savings and reduced heat pump installation costs.

5.5.2 Performance Indicator The NSUARB also established a Performance Indicator of incidental cumulative annual energy savings of 23.6 GWh applicable to low-income and underserved communities from non-targeted programs. [26](#page-39-1) E1...

AI summary The NSUARB set a 23.6 GWh annual energy savings target for low-income/underserved communities via non-targeted programs. E1 met its 2023 mid-course adjusted target (10.3 GWh achieved) using Residential and BNI rebates, custom incentives, and direct installation. E1 updated its methodology for estimating program impacts in Q3 2023, with 2023 results reflecting these changes.

II. Resource Acquisition and Other Evaluation Frameworks Efficiency Nova Scotia programs are almost entirely resource acquisition programs that treat saved energy as equivalent to generated energy. This is the original framework for the en...

AI summary Efficiency Nova Scotia's energy efficiency programs are evaluated as resource acquisition initiatives, treating saved energy as generated energy. Econoler, an international consulting firm, evaluates these programs. Market transformation frameworks, pioneered by BC Hydro and NUTEK, evolved to include code development and regulatory bans on inefficient practices.

The Evaluator found that Green Heat: - Achieved net electrical energy savings of 2.918 GWh, and 2.561 MW in net peak demand savings, although savings are less than planned net electrical energy savings of 3.629 GWh and net peak demand savi...

AI summary The Evaluator found that Green Heat achieved 2.918 GWh energy savings but fell short of planned targets. Participation dropped 11% in 2023, with customers preferring HEA/CGH over Green Heat due to higher incentives. Contractors reported program confusion, low incentives, and portal issues. Recommendations include improving marketing, website usability, communication, and increasing incentives for low-income households. The MSHP market is growing, with 40% of Nova Scotia households projected to use heat pumps by 2023.

multi-year project. This program component provides technical assistance to increase building energy consumption performance, both for peak demand savings and for overall energy reduction activities. For 2023 the Evaluator performed a comp...

AI summary The 2023 evaluation of Nova Scotia's BNI Custom Incentives Program assessed Retrofit, Building Optimization, and New Construction components, revealing high free-ridership (38% for Solar PV) and participant behavior indicating limited incentive dependency. Methods included adjusted savings calculations, surveys, and interviews to identify program delivery challenges.