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Recent Developments in New England’s Bedrock Energy Efficiency (EE) Programs. New England Electricity Restructuring Roundtable. June 18, 2010. Penni McLean-Conner Vice President, Customer Care. Areas of Focus. Redesigning delivery models is key Ensuring EE financial levers are in place
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Recent Developments in New England’s Bedrock Energy Efficiency (EE) Programs New England Electricity Restructuring Roundtable June 18, 2010 Penni McLean-Conner Vice President, Customer Care
Areas of Focus • Redesigning delivery models is key • Ensuring EE financial levers are in place • Reaching hard to reach customers • Advancing complimentary policies • Continuing NSTAR leadership in EE
5% 50 and more% Our challenge is to drive deeper savings! • CFL bulbs • Air sealing & duct sealing • Insulation • Furnace/boiler & thermostat • Appliances & AC • Replacement windows • Deep Energy Retrofit • Onsite Renewables This home produces more electricity than it uses.
Redesigning our EE Delivery Models is Key • Innovative technologies • Fully integrated gas and electric programs • Advanced delivery models • Packaging of Measures • Targeted marketing and data mining • Comprehensive design solutions • Combined heat and power offerings Most importantly, we must create value propositions that are compelling to customers to invest in deeper energy savings.
Ensuring EE financial levers are in place • Funding source for EE efforts • Systems Benefit Charge (SBC) • Regional Greenhouse Gas Initiative (RGGI) funds • Forward Capacity Market funds (FCM) • Energy Efficiency Recovery Factor (EERF) • Recovery for lost revenue/decoupling • Performance incentives MA has been a leader in creating a financial infrastructure that supports sustainable EE investment.
Reaching Hard to Reach Customers • Micro-businesses – Main Streets Program • Property Management – Office of the Future • Underserved rental markets – Community-based outreach We must address gaps in participation
Advancing complimentary policies • National Energy policy • Building labeling • Property-Assessed Clean Energy (PACE) financing NSTAR is an active participant several MA energy policy task forces and in providing letters of support for standards and grants.
NSTAR continues to be a Leader in EE “ Our fuel of choice in Massachusetts is energy efficiency. That’s what we’re investing in tremendously as a utility and as a state. -- Tom May on the Emily Rooney Show, February 4, 2010 ” NSTAR is investing in people, processes and technology to meet rapid increase in programs.