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This budget proposal outlines a residential energy efficiency and renewable program for 2013, aiming to achieve energy savings and customer actions towards energy efficiency. The proposed budget includes specific initiatives for HVAC systems, home performance, NJ E-Star Homes, and renewable incentives. The plan also focuses on marketing, website maintenance, and program support.
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Residential Energy Efficiency & Renewable Programs 2013 Proposed 18 Month Budget Proposal
Budget Challenges • Proposed Residential EE Budget of $27MM Through June 2013 • Proposed Renewable Budget of $5MM Through June 2013 • Modify Programs to Achieve Energy Savings and Drive Customer Energy Efficiency Actions • Support a Smooth Transition of Program Changes
HVAC Program Maintain Furnace Minimum Efficiency Levels, Enhance Combo Furnace & Water Heating Incentives Eliminate Central AC Incentives Maintain High-Efficiency Water Heating, Boilers, Solar Thermal and GSHP Incentives Continue HVAC Contractor Training Especially High Efficiency Heating and Water Heating Systems Installations
Home Performance • Maintain Tier 3 Incentives at $5000 & $4000 • Maintain Tier 2 Incentives at $2,000 to Support Air Sealing. • Maintain 0% Loan Support to Utilities Where Possible • Maintain Coop Marketing Incentive
E-Star Program • Transition CFL Support to Increased LED Participation and Selection • Reduce Secondary Refrigerator Recycling • Narrow the Suite of Upstream Appliance Incentives
NJ E-Star Homes • Eliminate Incentives for Tier 1 and Tier 2 ENERGYEfficent and ENERGY STAR Homes • Transition Program Requirements To Support Climate Choice Home Tier • Maintain Coop Marketing
Renewable Program • Closeout All CORE & REIP Solar Projects Prior To 2013 • Maintain Rebates For Bio-power • Support Wind Program Analysis Process • Continue To Process SREC Registrations • Continue To Implement Requirements Of 6/4/2012 Rule Adoption • Update Processes As Necessary To Comply With The Solar Act
Marketing • Continue Website Maintenance & Updates • Program Support & Promotion • Evaluate & Approve Coop Marketing • Variable Spend Limited To Program Changes for 2013