Efficiency Vermont your resource for energy savings

The Economic Benefits of Energy Efficiency

What Is Efficiency Vermont?

The first energy efficiency utility in the

USA

Created by order of theVermont Public Service Board

Performance-based contract administered by a Vermont Non-Profit Entity

Efficiency Vermont Mission

Our sole mission is to help all Vermonters save energy, reduce energy costs and protect our environment.

Efficiency Vermont Goals

Three basic goals drive Efficiency Vermont’s initiatives and milestones…

Electrical (MWh) Savings

Total Resource Benefits

Market Transformation

Efficiency Vermont Serves:

All electric rate payers in Vermont, including...

Commercial, Industrial, Municipal

Residential

Farmers

Mixed Commercial & Residential Sites

Energy Efficiency

Benefits beyond lower energy costs: Improved value

Lower life-cycle costs

Creates a more comfortable and healthier

environment

Increases profits and productivity

Basic Service Sectors

Business Energy ServicesEnergy Efficient Equipment

New Construction

Residential Energy Services

Energy Efficient Products

New Construction

Targeted High Use

Energy Efficiency Projects with Businesses

Over 970 Commercial Projects Over $2.4 Million in Financial

Incentives to Businesses Over 35,000 Megawatt hours of

Electricity Saved Over $24.1 Million in Total

Resource Benefits

Energy Efficiency Projects with Residents

Over 52,000 Residential Projects Over $4.6 Million in Financial

Incentives to Residents Over 36,000 Megawatt hours of

Electricity Saved Annually Over $24 Million Dollars in Total

Resource Benefits

Technical Services:

Design Assistance Computer Modeling Cost-Benefit Analysis Product Sourcing Collaboration

Financial Incentives

Lighting - Statewide standard Three-phase motors - Regional standard HVAC - Regional standard Refrigeration - Custom Process equipment - Custom Other electrical end-use equipment Design Studies (3rd Party)

Prescriptive Rebates

Commercial- Lighting- HVAC- Electric Motors

Residential-Lighting-Appliances-Energy Star Homes

Custom Projects

Identify efficient alternatives or approaches

Custom incentive packages Establish baseline product/design Assist with cost/benefit evaluation Assist with presentations to

boards or the community

Sample Project #1Large Wholesale Grocer

Chiller & Quick Close Freezer Doors Financial Incentive = $110,000 1,325,000 annual kWh savings $140K in Annual Operating Cost

Savings

Sample Project #2Plastics Manufacturer

Equipment Replacement-Dryer installation

$3000 Financial Incentive 69,000 annual kWh savings $145,520 Operating Cost Savings in

scrap reduction, labor and energy savings

Sample Project #35 Ski Areas - 9 projects total

Snowmaking Tower Guns, Lighting upgrades, compressed air, variable speed drive and motors

$207,000 Total Financial Incentives $383,000 Annual Operating Cost

Savings $4.62 million in Total Resource Benefits

Other Positive Results

We’ve helped 1 of every 10 electric utility customers lower their energy costs

That’s over 30,900 Vermonters receiving over $20 million in lifetime savings

Demand-Side-Management keeps dollars in the state of Vermont

Saved an estimated $24 million in fossil fuels 125 lighting retailers & 70 appliance dealers

sell ENERGY STAR products in Vermont

Public Value of Efficiency Vermont Services

Courtesy of Richard Cowart

Contracted vs. Open-Market

When demand exceeds the capacity at the contracted rate...

Peak Cost for NE Grid in July 2001 was $1.00 per KWh

Economic Benefit of Efficiency Measures

Last year, Efficiency Vermont saved electricity at a cost of 2.5 cents/kWh

while it cost an average of 4 cents/kWh for utilities to purchase or generate

electricity.

We’re like an invisible power plant--but less expensive

How to reach us:

Efficiency Vermont255 S. Champlain Street

Burlington, Vermont 05401-4717 _______________________

(888) 921-5990 x-1088(802) 658-1643 FAX