Topic:"Performance Plus" in M10473

m projects over multiple years since certain phases or measures can be fully operational before the entire project is completed. The four types of projects for which savings were tracked in 2021 were: - › Projects not completed in 2021. Fo...

AI summary The document outlines four types of energy efficiency projects tracked in 2021, including partially completed projects, completed projects, multiyear projects, and Pay-for-Performance (P4P) projects. Each type has specific rules for claiming savings and applying adjustment and net-to-gross ratios.

6.2.2 Project Review Findings As a result of the Evaluator review, adjustments were made to the savings of 12 Retrofit projects representing 46% of sampled files. These are broken down as eight files having a combination of energy and peak...

AI summary The Evaluator made adjustments to the savings of 12 Retrofit projects, with eight files having energy and peak demand adjustments and four having only peak demand adjustments. Solar PV projects had their energy savings reduced due to discrepancies between modelled and actual generation data.

2018 2019 2020 2021 Total Tracked Savings (kWh) 272,843 141,058 - 328,732 742,633 Year-specific Adjustment Ratio 0.995 0.948 - 0.946 - Revised Savings Prior to True-up (kWh) 271,479 133,723 - 310,980 716,182 Total Project Revised Savings w...

AI summary Table 17 presents an example of a 2021 True-up Adjustment, including tracked savings, year-specific adjustment ratios, and revised savings prior to true-up. The table highlights data from 2018 to 2021 and the total savings, with a focus on the true-up process.

Figure 17: 2021 SEM Participation Process Summary Eligibility Check, Memorandum of Understanding (MOU), and Kick-off Meeting - Once approved, eligible participants must first sign a MOU that outlines the project scope, participant requirem...

AI summary The 2021 SEM Participation Process Summary outlines the steps for eligibility, data collection, energy modeling, and the establishment of energy teams and policies. It also discusses performance-based incentives for energy savings, with different rates for participants in the Large Industrial initiative versus others. SEM aimed to generate 3.00 GWh of net electrical energy savings and 0.310 MW of peak demand savings in 2020.

ness. Municipalities have requested and received Michigan Energy Office technical assistance to plan a large building energy efficiency retrofit project using ESPC. ESPC training was also delivered. The State Energy Office is participating...

AI summary The Michigan Energy Office has supported performance contracting through ESPC training and participation in the U.S. Department of Energy's Performance Contracting Accelerator. A $35 million ESPC project was completed at a state correctional facility. The Michigan NextEnergy Center, a non-profit, supports energy efficiency and battery storage through partnerships and a matching grant program.