Revised Incentive Levels for Electric Small Business Services Energy Efficiency Program
The New York State Department of Public Service (DPS) has received notification from National Grid regarding changes to the incentive levels for its Electric Small Business Services (SBS) Energy Efficiency Program. The program provides energy-efficient lighting and equipment to small commercial and industrial customers, with a current incentive level of $0.23/kWh up to 70% of the total project cost. In an effort to ensure the program's cost-effectiveness and continued success, National Grid has reduced the incentive level to $0.16/kWh up to 60% of the total project cost, effective August 1, 2015.
Key Takeaways:
- The Electric SBS Energy Efficiency Program provides energy-efficient lighting and equipment to small commercial and industrial customers with an average monthly demand of 110 kW or less.
- The program's current incentive level is $0.23/kWh up to 70% of the total project cost.
- National Grid has reduced the incentive level to $0.16/kWh up to 60% of the total project cost, effective August 1, 2015.
- The changes to the incentive levels are based on an analysis that shows no net reduction in aggregated energy savings, efficient use of ratepayers' funds, and no apparent detriment to existing EEPS programs.
- The analysis is available to DPS Staff upon request.
- National Grid will notify other utility program administrators of the revised incentive level and reflect the changes in the next Implementation Plan notification to the Secretary.
Statistics:
- Current incentive level: $0.23/kWh up to 70% of the total project cost.
- Revised incentive level: $0.16/kWh up to 60% of the total project cost.
- Effective date of revised incentive level: August 1, 2015.
- Program service territory: same as National Grid's service territory.
- Program customers: small commercial and industrial customers with an average monthly demand of 110 kW or less.
Sources:
- New York State Department of Public Service (DPS)
- National Grid
- Energy Efficiency Guidance Document, EE-05: Setting and Revising Customer Incentive Levels, issued by the New York State Department of Public Service on March 31, 2014.