Vermont Public Utility Commission Approves Corrected 2018 Energy Efficiency Savings for Burlington Electric Department

Strategic Insights -

The Vermont Public Utility Commission has issued an order approving corrected 2018 verified energy efficiency savings for the City of Burlington Electric Department (BED). The commission's decision follows a recommendation from the Vermont Department of Public Service, which identified errors in BED's initial savings claims. The corrected values for two key performance indicators (QPIs) were approved, resulting in updated figures for BED's 2018 performance.

Key Takeaways:

  • The Vermont Public Utility Commission has approved corrected 2018 energy efficiency savings for the City of Burlington Electric Department (BED).
  • The commission's decision was based on a recommendation from the Vermont Department of Public Service, which identified errors in BED's initial savings claims.
  • Two key performance indicators (QPIs) were corrected: QPI 1a (Total Resource Benefit---Present Lifetime Value) and QPI 1b (Total Resource Benefit---Lifetime MWh).
  • The corrected values for QPIs 1a and 1b were $8,063,509 and 63,890 MWh, respectively.
  • The updated figures have been applied to BED's 2018 performance targets and minimum performance requirements.
  • The commission has emphasized the importance of accurate savings verification and requested that the Department file corrections or updates in the case that addresses the affected year(s).

Statistics:

  • Total Resource Benefit---Present Lifetime Value (QPI 1a): $8,063,509 (corrected value) vs. $8,584,361 (initial value)
  • Total Resource Benefit---Lifetime MWh (QPI 1b): 63,890 MWh (corrected value) vs. 41,163 MWh (initial value)
  • Percent Achieved: 40.44% (QPI 1a) and 29.7% (QPI 1b)

Sources:

  • Vermont Public Utility Commission. Case No. 21A-2760. Order entered: 05/27/2022. STATE OF VERMONT PUBLIC UTILITY COMMISSION.