Con Edison Multifamily Efficiency Program

Transcription

1 Building Bridges to Net Zero Con Edison Multifamily Efficiency Program How Utilities Design Programs for the Energy Consumer Presented by: Phil Madnick 1

2 Why Run Programs? NY State regulator requirement Defer capital expenditures Major: Substations, Compressor Stations Minor: transformers, feeders, regulators, etc. Customers become energy efficient Equipment: better quality and longevity Bills: lower monthly costs Living Environment: improved health Encourage market transformation

3 The Design Pyramid 4. FINAL GOAL & BUDGET 3. DESIGN PROGRAM COMPONENTS (Lead Sources, Eligibility Criteria, Measures) 2. MARKET POTENTIAL GOAL & BUDGET ESTIMATION 1. CONCEPT THEORY TARGET MARKET

4 1. Concept What is the purpose of program? Define target market: Upstream or Downstream Residential or Commercial Market Rate or Affordable Past Experience Similar Programs National (research ACEEE) Same territory (competitors)

5 2. Market Potential # of multifamily buildings in NYC: 20,000 50,000 75, , Million Units # of Buildings Service Territory Building Size

6 What are the income levels of multifamily customers? Public and subsidized housing accounts for 20% of rental marketplace. What is the potential for energy efficiency savings? Electric End Usage Gas End Usage Misc 1% Misc 21% Cooling 17% Space Heatin 2% Water Heati 3% Space Cooling 2% Cooking 14% Electronics 10% Appliances 8% Lighting 19% Water Heating 25% Space Heating 58% Refrigeration 20% Goal and budget estimation

7 3. Program Components Lead sources: Generation ratio Generation cost Eligibility Criteria Account type Building construction Income qualification Past participants Conversion rates

8 Measures Participation rate Annual energy savings Installation cost Rebate Cost Effectiveness FIXED FIXED FIXED FIXED VARIABLE VARIABLE VARIABLE VARIABLE VS

9 Incentive Options: 1. Direct Install 2. Prescriptive 3. Custom PROS High Participation Split Incentive Avoided Simple to Forecast Low $/kwh & $/therm Easily Quantify Savings & $ Low Level of Liability Promote Market Transformation Highly Flexibility Catch All Tech & Apps Customer Satisfaction CONS Low Cost / Pre Qualified Items Only Contractual Agreement EH&S Requirements Manage Qualified Trade Allies Low Flexibility Monitor Customer Demand Low Participation Difficult to Forecast Engineering Review MV&E Requirements

10 Exercise Multifamily Gas Program Target: 1 million therms Budget: $2M Measure 1: Low Flow Showerheads Potential up to 10,000 units Incentive Type Direct Install Incentive $15 Savings 10 therms Measure 3: Condensing Boilers Potential 20 to 50 units Incentive Type Prescriptive Incentive $10,000 Savings 3,000 therms Measure 2: Energy Management Systems (EMS) Potential up to 200 units Incentive Type Prescriptive Incentive $5,000 Savings 3,000 therms Measure 4: Thermostatic Radiator Valves (TRV) Potential 1,000 to 10,000 units Incentive Type Direct Install Incentive $100 Savings 40 therms

11 Solution MEASURE SAVINGS (therms) COST BOILERS x20 SHOWERHEADS x 10,000 TRV x 6,500 EMS x 200 SHOWERHEADS 100,000 $150,000 EMS 600,000 $1,000,000 BOILERS 60,000 $200,000 TRV 260,000 $650,000 TOTAL 1,020,000 $2,000,000

12 4. Goals & Budgets Savings and Incentives Other Overhead Expenses: 1. Implementation Contractor (IC) 2. Internal Administration 3. Marketing 4. Market Research & Analytics (MR&A) 5. Evaluation Measurement & Verification (EM&V)

13 EEPS 2 Multifamily Programs Achievements Electric Program Gas Program Low Income Program 60,000 50,000 52, , , , ,000 76,000 74,000 72,000 75,000 40,000 30,000 20,000 10, ,626 MWh Goal MWh Achieved 573, , , , , , , ,010 Dth Goal Dth Achieved 70,000 68,000 66,000 64,000 62,000 60,000 58,000 56,000 62,809 Dth Goal Dth Achieved

14 Customer Feedback Expand program to include buildings of all sizes All low to moderate income buildings should qualify for affordable level incentives Allow for custom measure incentives Better detail within energy survey report Residents who have CFL bulbs should receive LED upgrades Incentivize the bulk purchase of Energy Star appliances

15 Questions?

16 THANK YOU! coned.com/energyefficiency