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Energy Efficiency Utility Program of Vermont (EV)


Efficiency Vermont (EV) was set up in 1999 and is an energy efficiency fund that delivers energy efficiency services to home-owners as well as businesses throughout the state of Vermont. Officially, it was named an Energy Efficiency Utility Program ("EEU Program"). Efficiency Vermont provides financial and technical assistance with regards to energy efficient appliances and buildings. It is the first of its kind in the USA.
EV is funded by electric customers' bills through a special levy of around 0.5 US-ct/kWh or 4 % of energy company revenues, known as the Energy Efficiency Charge, which is set annually by the regulatory agency Public Service Board (PSB). Its programmes cover different types of measures or are combined with other measures, including financing, providing information, energy advice, regulation, competitions & awards, etc.
During recent years, Efficiency Vermont saved around 100 million kWh/yr of energy in each calendar year. This is almost 2 % of total electricity consumption in Vermont. In addition, EV also saved 49,000 MMBtu/yr (14.36 million kWh/yr) of heating fuels. These energy savings were cost-effective for ratepayers and society. The benefit-to-cost ratio of Efficiency Vermont’s services was 2.4 to 1, 2.4 to 1, 2.2 to 1 in 2009, 2010, and 2011, respectively.

Authors

  • Xia, Chun (Lead author)
  • Thomas, Stefan (Reviewer)

References and further reading

  • Efficiency Vermont (2008): Vermont Energy Investment Corporation. Annual plan 2009-2011. www.bigee.net/s/x37a8h
  • Efficiency Vermont (2010): Vermont Energy Investment Corporation. Annual plan 2010-2011. www.bigee.net/s/bt1zd1
  • Efficiency Vermont (2011a): Vermont Energy Investment Corporation. Annual plan 2012. www.bigee.net/s/t4p3ed
  • Efficiency Vermont (2011b): Year 2010 Savings Claim. www.bigee.net/s/ep172k
  • Efficiency Vermont (2012): Year 2011 Savings Claim.
  • Efficiency Vermont (n.d.): Energy Leadership Challenge. www.bigee.net/s/nkmhcx
  • Hamilton, L. Blair (2010): A Comparison of Energy Efficiency Programmes for Existing Homes in Eleven Countries. Prepared for the Department of Energy and Climate Change United Kingdom
  • Hamilton, L. Blair; Dworkin, Michael; Sachs, Beth (2005):The Efficiency Utility: A Model for Replication. Paper presented at eceee 2005 Summer Study - What works & who delivers?
  • Public Service Board (n.d.). Energy Efficiency Utility Creation and Structure. www.bigee.net/s/dicfm8
  • Sedano, Richard (2011): Who Should Deliver Ratepayer-Funded Energy Efficiency? A 2011 Update. RAP report.

Info

  • Location:
    State of Vermont United States

  • Types of policy:
    • Energy efficiency funds
    • Energy audits & advice & assistance during retrofit
    • Energy advice & assistance during design and construction
    • Provision of information
    • Financial Incentives for ULEB and deep retrofits

  • Implementation period:
    1999 to present

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