3. 2023 PORTFOLIO RESULTS
p. pp. 6-7
million (85% of the mid-course adjusted target of $53.1 million). This underspend is reflective of the mix of program components that saw a shortfall in their savings results in 2023, that led to a corresponding reduction in the program co...
AI summary In 2023, program underspend reached 85% of the mid-course adjusted target of $53.1 million due to shortfalls in components like Affordable Single-family Homes and Residential Behaviour. E1's Q3 2023 DSM report forecasted this underspend, which will be reinvested in 2024-2025 to meet performance targets. Table 1 compares portfolio results against 2023 Plan targets and forecasts.