PORTFOLIO MATURITY AND HISTORICAL PERFORMANCE 6 In the 1980s to 1990s, New York State electric utilities operated large scale energy efficiency programs. The annual spending on these programs was $286 million at its peak in 1992. Total uti...
AI summary New York State electric utilities implemented large-scale energy efficiency programs from the 1980s to 1990s, with spending peaking at $286 million in 1992 and totaling over $1.2 billion between 1990 and 1996, resulting in 5,744 GWh of energy savings. In 1996, the SBC was established with NYSERDA as the administrator, and these programs were scaled back.