E-1Report
8 passages
1. INTRODUCTION - The third quarterly report of 2024 (Q3) summarizes EfficiencyOne's (E1) Demand Side - Management (DSM) results as administrator and operator of the Efficiency Nova Scotia (ENS) - franchise for the period of July 1 to Sept...
AI summary EfficiencyOne's Q3 2024 report outlines Demand Side Management (DSM) results under the Efficiency Nova Scotia franchise, including energy and peak demand savings. The NSUARB approved a 2023-2025 DSM Plan with specific targets, including 412.7 GWh annual energy savings and 78.8 MW peak demand savings. Mid-course adjustments in 2024 set revised targets within a $59.6 million investment.
2. YEAR-END FORECAST E1 updated its year-end forecast in October 2024 and is projecting to meet its energy and available capacity 2024 mid-course adjusted targets at the portfolio level, while net peak demand savings, and net energy saving...
AI summary E1 updated its 2024 year-end forecast, projecting meeting portfolio energy and capacity targets but falling short on net energy savings for specific programs. Forecasted expenditures exceed mid-course adjusted targets due to higher residential sector spending, including increased uptake in rebates and heat pump installations. The Mi'kmaw Home Energy Efficiency Project and Affordable Housing initiatives face shortfalls, while Residential Efficient Product Rebates overachieve.
1 Table 2: Participation Rates Participation 2024 Plan as Approved 2024 Mid Course (MCA) Q3 2024 Results YTD 2024 Results % of YTD 2024 Results to MCA % of 2024 Plan as Approved Participation Unit Efficient Product Rebates 101,991 255,495...
AI summary Table 2 presents participation rates for various energy efficiency and demand-side management programs in Nova Scotia under the 2024 Plan as Approved, Mid-Course Adjustment (MCA), and year-to-date (YTD) results. It highlights performance metrics such as the percentage of YTD results compared to MCA and the 2024 Plan as Approved, with notable variations across different programs.
Program Components - Appliance Retirement retires old, inefficient household appliances (e.g., refrigerators, freezers, room air conditioners) by offering free appliance pick-up from homes, proper recycling, and a financial incentive. The...
AI summary The document outlines two program components: Appliance Retirement, which removes inefficient appliances and offers incentives, and Instant Savings, providing rebates for energy-efficient purchases. These programs aim to enhance energy efficiency among residents.
Instant Savings Highlights - Q3 energy and demand savings were consistent with expectations as the program component geared up for its fall campaign, which launched September 23 and will run until November 17. Like the spring campaign, fal...
AI summary Q3 energy and demand savings aligned with expectations as the fall campaign (Sep 23-Nov 17) launched, offering higher LED lighting rebates (up to 80%) compared to spring (70%). Marketing efforts included digital channels. Appliance replacement savings are tied to specific programs, with E1 administering initiatives and DSM funds covering costs for non-electrically heated homes.
EXISTING RESIDENTIAL (2024) - Efficient Product Installation provides homeowners and tenants with free-of-charge direct installation of energy efficient products such as LED lamps, smart thermostats, air sealing measures, and water-saving...
AI summary The document outlines several energy efficiency programs under the Existing Residential (2024) initiative, including free product installations, financial incentives for heating systems, home energy assessments, targeted projects for Mi'kmaw communities, and a behavior-focused program using AMI data. These programs aim to reduce electricity consumption through technological upgrades, rebates, and consumer education.
Mi'kmaw Home Energy Efficiency Project Highlights - All energy assessments for the current cohort of participants were completed by the end of Q3 and delivery agents are now focused on progressing files through to installation and completi...
AI summary The Mi'kmaw Home Energy Efficiency Project has completed all energy assessments by Q3, with installation efforts moving to Q4. The Q2 2024 DSM Report indicates reduced savings forecasts due to expected evaluation results, including a planned billing analysis to address HOT2000 software overestimation.
8. LOW-INCOME, DIVERSE, AND UNDERSERVED COMMUNITIES - The NSUARB has established a separate Performance Target of 15.8 GWh for cumulative annual - energy savings applicable to Affordable Multi-family Housing, Affordable Single-family Homes...
AI summary The NSUARB set performance targets for energy savings in affordable housing and low-income communities, with E1 forecasting underachievement in some programs due to fewer applications and smaller buildings, while non-targeted programs are expected to exceed targets. Incidental savings from low-income participation in E1 programs are also tracked.