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Energy Efficiency Cost Effectiveness Screening

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In the latest RAP webinar, Tim Woolf, Vice President of Synapse Energy Economics and author of the recent paper "Energy Efficiency Cost-Effectiveness Screening", addresses some of the major issues ...

In the latest RAP webinar, Tim Woolf, Vice President of Synapse Energy Economics and author of the recent paper "Energy Efficiency Cost-Effectiveness Screening", addresses some of the major issues that arise in choosing and applying cost-effectiveness screening tests. He spoke on two elements of energy efficiency program screening that are frequently treated improperly - “other program impacts” (i.e., non-energy impacts and other fuel savings) and the costs of complying with environmental regulations.

Presenter: Tim Woolf, Synapse Energy Economics
Moderator: Chris Neme, Energy Futures Group
Length: Approx. 60 minutes

Many states around the US are ramping up their energy efficiency programs, and several states have adopted policies to pursue all cost-effective energy efficiency resources. However, there is great variation across the states in the ways that energy efficiency programs are screened for cost-effectiveness. Many states apply methodologies and assumptions that do not capture the full value of efficiency resources, leading to under-investment in this low-cost resource, and thus higher costs to utility customers and society.

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