N-8Electrification Strategy Report
5 passages
Cost/Benefit Component PCT SCT RIM Incremental upfront EV cost Cost Cost Federal EV purchase incentives Benefit Benefit Provincial EV purchase incentives Benefit EV O&M savings Benefit Benefit Vehicle fuel savings Benefit Benefit Electrici...
AI summary The table outlines various cost and benefit components associated with electric vehicles (EVs) under the Participant Cost Test (PCT), Societal Cost Test (SCT), and Ratepayer Impact Measure (RIM). It includes factors such as incremental upfront EV costs, federal and provincial EV purchase incentives, operational savings, fuel savings, electricity costs, charging infrastructure, and avoided emissions.
soline prices as detailed in Appendi[x 9.1.4.](#page-110-0) 55 Costs and benefits from the driver perspective are discounted at 9% while provincial costs and benefits are discounted at 3%. charging are smoothed by an aggregator. In this st...
AI summary The analysis of light-duty vehicle (LDV) charging management in Nova Scotia shows that drivers can achieve about $100 more in net savings by managing charging with VGI compared to unmanaged charging. Savings come from lower-cost winter TOU rates, but are offset by incremental infrastructure costs. Cost-benefit ratios in Table 4-3 show whether benefits outweigh costs for different scenarios.
4.3.2 Transit Bus BCA Results This study models transit busses as a representative heavy-duty vehicle (HDV), which is classified as a vehicle weighing 15 tonnes or more. 56 The net present value (NPV) of lifetime costs and benefits for an...
AI summary The cost-benefit analysis of electric transit buses in Nova Scotia shows net costs from the driver/owner and provincial perspectives due to high upfront and charging infrastructure costs. However, from the ratepayer perspective, benefits outweigh costs, leading to potential decreases in utility rates. Managed charging with VGI reduces annual charging bills by about $3,750, though benefits for ratepayers decrease slightly compared to unmanaged charging.
4.3.3 Parcel Truck BCA Results This study models parcel trucks as a representative medium-duty vehicle (MDV), which is classified as a vehicle weighing between 4.5 tonnes and 15 tonnes. 58 The net present value (NPV) of lifetime costs and...
AI summary This section discusses the benefits of adopting electric parcel trucks in Nova Scotia, focusing on cost savings and net benefits for owners, ratepayers, and the province. It highlights the impact of unmanaged and managed charging on costs and benefits, referencing TOU rates and VGI. The analysis shows that electric parcel trucks can lead to lower costs and reduced utility rates.
Short-term Actions, Customer Programs & Capital Investments Recommendation 1. Design and promote increasingly dynamic rate structures that encourage adoption and minimize costs, including expanding current time-of-use ratesto the full year...
AI summary The recommendation suggests designing and promoting dynamic rate structures, such as expanding time-of-use rates to the full year and gradually aligning rates with the marginal cost to serve load, to encourage adoption and minimize costs.