E-12024 DSM Annual Progress Report
7 passages
Holder of the Efficiency Nova Scotia Franchise
AI summary The document addresses the holder of the Efficiency Nova Scotia franchise, focusing on regulatory requirements and responsibilities associated with the program. Key aspects include compliance obligations and operational expectations for the franchise holder.
3.3 2024 Expenditures - In 2024, E1's total expenditures were $65.7 million, $6.1 million, or 10%, above the mid-course - adjusted planned spending levels of $59.6 million, and $8.2 million, or 14%, above the 2024 Plan - as Approved spendi...
AI summary E1's 2024 expenditures of $65.7M exceeded planned spending by 10% and the 2024 Plan by 14%, driven by reinvestment of 2023's $7.8M underspend and increased spending on DSM initiatives, including a new five-year DSM Plan and a cost-effectiveness test mandated by the NSUARB. Incentive expenditures remained comparable to 2023 levels.
5.5.1 Performance Target In the 2023-2025 approved Plan, the NSUARB established a Performance Target of 15.8 GWh for cumulative annual energy savings applicable to Affordable Single-family Homes, Affordable Multi-family Housing, and Mi'kma...
AI summary The NSUARB set a 15.8 GWh energy savings target for E1's 2023-2025 DSM Plan. E1 met the 2024 mid-course target (5.3 GWh) through Affordable Single-family Homes, though Multi-family and Mi'kmaw projects fell short due to lower applications and software overestimation. E1 aims to achieve 90% of the overall target in the final year.
10 Table 14: 2024 Enabling Strategies
AI summary Table 14 outlines 2024 Enabling Strategies, referencing acronyms like DSM, ENS, and NSUARB. It likely details initiatives for energy efficiency and regulatory compliance in Nova Scotia, involving organizations such as Efficiency Nova Scotia and EfficiencyOne.
ENABLING STRATEGIES 2024 ACTIVITY HIGHLIGHTS - E1's outreach to elected leaders on E1/ENS program offerings continued. - E1's Annual Report (distinct from the E1's DSM Annual Progress Report) was released.
AI summary E1 continued outreach to elected leaders regarding E1/ENS program offerings and released its Annual Report, distinct from the DSM Annual Progress Report.
Regulatory Affairs E1 filed the following reports with the NSUARB: - 2023 DSM Evaluation Reports and 2023 Annual Progress Report, and a summary report on DSMAG consideration of these reports; - Behavioural Program Update, responses to Info...
AI summary E1 submitted multiple reports to the NSUARB, including DSM evaluations, financial statements, and quarterly DSM updates. Engagement activities involved NS Power-led technical sessions and stakeholder interactions. The filings cover 2023-2024 DSM program performance and compliance.
Other regulatory activities included: - ongoing development of the 2026-2030 DSM Plan (in February 2025 the provincial government introduced legislation to extend E1's current DSM Plan by one year to include 2026. Assuming the legislation...
AI summary Regulatory activities include development of the 2026-2030 DSM Plan, pending legislation to extend E1's DSM Plan, 2024 DSM evaluation, NS Power project participation, and information requests on load forecasts. Key entities involve E1, provincial government, and NS Power.