Title: Title ABC
1Energy Efficiency Opportunities for New
Hampshire Under RGGI Presented to the
Department of Environmental Services RGGI
Stakeholders Meeting By Jim OReilly,
Director Policy, Outreach and Communications North
east Energy Efficiency Partnerships
(NEEP) December 14, 2006
2Northeast Energy Efficiency Partnerships (NEEP)
- A non-profit organization, founded in 1996, based
in Lexington, Mass. - Our mission To promote energy efficiency in
homes, buildings and industry in the Northeast
U.S. through regionally coordinated programs and
policies that increase the use of energy
efficient products, services and practices, and
that help achieve a cleaner environment and a
more reliable and affordable - energy system.
3Energy Efficiency as the Best RGGI Investment
- Energy efficiency
- Costs approximately two-thirds less than
traditional energy supply - Is an indigenous energy resource, keeping dollars
in state - Lowers demand, enhancing electric system
reliability - Is the most effective means of reducing emissions
of carbon and other greenhouse gases
4Current Energy Efficiency Investments Are Good,
But
- New Hampshire has been very effective in
utilizing current System Benefit Charge
(SBC)-funded energy efficiency programs to save
energy and dollars. Since mid-2002, they have - Saved over 3.3 billion lifetime kWh, enough to
power Concord for 8.7 years. - Served over 192,000 customers, more than 43
percent of states electric customers. - Saved customers over 376 million, which is more
than six times the cost of the CORE programs. - Results achieved very cost-effectively 1.95
cents/kWh - Reduced emissions by 2.2 million tons, or the
equivalent of taking 457,000 cars off the road. - However
5Current Energy Efficiency Investments Arent
Enough
- The state currently captures at best about 35
percent of the cost-effective energy efficiency
available to it. - Current SBC funding is legislatively capped at a
level - not reflective of the availability of energy
efficiency - not tied to any defined energy savings goal for
the state - As energy costs rise, demand on programs is
greater and unable to meet all customer needs.
6Ratepayer Funded Energy Efficiency
Programs Northeast States - Gas Electric
- 2005
- New York State authorities 244 million/year
- New Jersey Utility Commission 103 million/year
- New England
- Massachusetts Utility programs 145 million/year
- Connecticut Utility programs 62 million/year
- Rhode Island Utility programs 22
million/year - Vermont Efficiency Utility 19 million/year
- New Hampshire Utility programs 18
million/year - Maine Utility Commission 11 million/year
- Includes gas efficiency programs
7(No Transcript)
8New England Achievable Potential
for Cost-Effective Electric Energy Efficiency
9The Major Reservoirs of Achievable Energy
Efficiency Potential in 2013 By Sector
Residential Savings 12,745 GWH
CI Savings 21,630 GWH
10The Major Reservoirs of Achievable Energy
Efficiency Potential in 2013 -By End Use
Residential Savings
CI Savings
11Working Regionally Leverages Savings
- Coordinated regional initiatives nationally
recognized (PSNH and National Grid both
participate) - Significant market impacts
- Clothes Washers 45 regional market share
- Compact Fluorescent Lamps major industry
co-promotion national quality control and
delisting program - Motors - manufacturer commitment to NEMA Premium
- Unitary HVAC new federal standard based on
agreement with ARI - Building Codes most Northeast states adopting
most recent IECC, which reflects Northeast issues - Building Operator Certification 1,800 certified
- State Efficiency Standards CT, MA, MD, RI, NY,
NJ, VT adopted
12Greater Investment Means More Savings
- 100 percent consumer allocation with proceeds
funding more energy efficiency will - Maximize impact of efficiency in reducing carbon
emissions. - Mitigate the price impacts of RGGI on the
states ratepayers. - A projected cap level for N.H. of 22,892,730
tons, if 100 percent of allowances went to
consumers, would result in revenue for new
efficiency investments of 17 million (if
allowances are valued at 2 per ton), effectively
doubling current spending. - Modeling shows that using consumer allocations
for energy efficiency would result in bill
savings to consumers of between 5 and 12 percent.
13Thank You
Jim OReilly Director of Policy, Outreach and
Communications 781-860-9177, ext. 18
joreilly_at_neep.org www.neep.org