1. National Town Meeting on Demand Response Demand Response Policy Overview Dan Delurey Demand Response Coordinating Committee June 2, 2008

2. Demand Response Coordinating Committee (DRCC) Founded in 2004 as charitable non-profit 501 c 3 organization Founded in 2004 as charitable non-profit 501 c 3 organization Mission is to develop and facilitate the exchange of information and expertise on demand response among regions, states, and individual parties Mission is to develop and facilitate the exchange of information and expertise on demand response among regions, states, and individual parties Served as the official U.S. stakeholder and funding group for the Demand Response Project of the International Energy Agency Served as the official U.S. stakeholder and funding group for the Demand Response Project of the International Energy Agency Responsible for the National Town Meeting on Demand Response Series of events and the DRCC Webinar Series Responsible for the National Town Meeting on Demand Response Series of events and the DRCC Webinar Series

3. DRCC Members DRCC Members Ameren Ameren American Electric Power American Electric Power Arizona Public Service Arizona Public Service ISO-New England ISO-New England MeterSmart MeterSmart Mid-American Energy Mid-American Energy Midwest ISO Midwest ISO National Grid National Grid NYSERDA NYSERDA PJM PJM Progress Energy Progress Energy Pacific Gas & Electric Pacific Gas & Electric Salt River Project Salt River Project San Diego Gas & Electric San Diego Gas & Electric Southern California Edison Southern California Edison Southern Company Southern Company Southwest Power Pool Southwest Power Pool TVA TVA Wal-Mart Wal-Mart Xcel Xcel

4. Demand – An Evolutionary Perspective Conservation Conservation Running out of oil Running out of oil Load Management Load Management Curtailment and Control Curtailment and Control Efficiency – Phase 1 Efficiency – Phase 1 Get the same benefit with less energy Get the same benefit with less energy Demand Side Management Demand Side Management Utility-oriented; IRP Utility-oriented; IRP Efficiency – Phase 2 Efficiency – Phase 2 Beyond the end use Beyond the end use Efficiency Phase 3 Efficiency Phase 3 The Smart Age based on Demand Response The Smart Age based on Demand Response Dynamic Efficiency Dynamic Efficiency Based on communications, information and prices Based on communications, information and prices Systems approach: Smart Grid, Smart Homes, Smart Appliances Systems approach: Smart Grid, Smart Homes, Smart Appliances

5. Demand Response Policy – A History PURPA 1978 PURPA 1978 Load Control Load Control Restructuring Restructuring FERC directives to ISOs/RTOs FERC directives to ISOs/RTOs RTP for large customers RTP for large customers Competitive metering Competitive metering Default service pricing Default service pricing System benefit funding System benefit funding Mega-mandates (CA, Ontario) Mega-mandates (CA, Ontario) Portfolio standards Portfolio standards EPACT 2005 EPACT 2005 FERC/State Action FERC/State Action Energy Independence Act 2007 Energy Independence Act 2007

6. EPACT 2005 – Smart Metering More than the name implied More than the name implied Four main provisions, Four main provisions, It is the policy of the U.S……..It is the policy of the U.S…….. DOE Report to CongressDOE Report to Congress FERC Report to CongressFERC Report to Congress New PURPA RequirementNew PURPA Requirement States and other jurisdictional bodies must investigate whether or not to provide time-based pricing and advanced metering States and other jurisdictional bodies must investigate whether or not to provide time-based pricing and advanced metering Flexible compliance Flexible compliance All Sectors covered All Sectors covered Decide by August 2007 Decide by August 2007

7. EPACT 1252 Proceedings Status Summary States with Open EPACT 1252 Proceedings 27 States with Closed EPACT 1252 Proceedings 12 States Deciding to Adopt EPACT 1252 2 States Deciding Not to Adopt EPACT 1252 11 States Deferring Decision to Adopt EPACT 1252 4

8. State Decisions on EPACT 1252 States Deciding to Adopt States Deciding Not to Adopt States Deferring Decision Ohio Ohio New Hampshire New Hampshire Delaware Delaware Florida Florida Idaho Idaho Iowa Iowa Kentucky Kentucky New York New York Tennessee Tennessee Utah Utah Vermont Vermont Virginia Virginia West Virginia West Virginia Colorado Colorado Maryland Maryland Montana Montana

9. States with Open EPACT 1252 Proceedings Alabama Alabama Alaska Alaska Arizona Arizona Arkansas Arkansas Colorado Colorado Delaware Delaware District of Columbia District of Columbia Georgia Georgia Illinois Illinois Indiana Indiana Kansas Kansas Louisiana Louisiana Maryland Maryland Michigan Michigan Minnesota Minnesota Missouri Missouri North Carolina North Carolina North Dakota North Dakota New Hampshire New Hampshire New Mexico New Mexico Ohio Ohio Rhode Island Rhode Island South Carolina South Carolina South Dakota South Dakota Texas Texas Washington Washington Wyoming Wyoming

10. States with Closed EPACT 1252 Proceedings Florida Florida Idaho Idaho Iowa Iowa Kentucky Kentucky Montana Montana Nevada Nevada New York New York Tennessee Tennessee Utah Utah Vermont Vermont Virginia Virginia West Virginia West Virginia

11. EPACT – Seeing the Forest instead of the Trees Everyone has been not only made aware but educated Everyone has been not only made aware but educated DR and AMI high on the NARUC agenda DR and AMI high on the NARUC agenda States that have issued a technical No have made other moves States that have issued a technical No have made other moves Utilities have begun to view things more opportunistically Utilities have begun to view things more opportunistically Other policy moves have been made, including in the legislatures Other policy moves have been made, including in the legislatures A critical foundation of understanding and discussion has been established A critical foundation of understanding and discussion has been established

12. Maryland The Commission has an AMI/DSM Collaborative, whose work includes a July 2007 report on technical standards for smart meters and on deployment of DSMThe Commission has an AMI/DSM Collaborative, whose work includes a July 2007 report on technical standards for smart meters and on deployment of DSM The Commission responded by directing, via a September 2007 Order, utilities to file comprehensive energy efficiency, conservation and demand reduction plans that include aggressive peak-demand reduction proposals.The Commission responded by directing, via a September 2007 Order, utilities to file comprehensive energy efficiency, conservation and demand reduction plans that include aggressive peak-demand reduction proposals. In April 2007, the Commission approved the plans of Pepco, DP&L, and SMECOIn April 2007, the Commission approved the plans of Pepco, DP&L, and SMECO In April 2007, The Commission approved BG&Es AMI pilot and two demand response pilotsIn April 2007, The Commission approved BG&Es AMI pilot and two demand response pilots In April 2008, Governor OMalley signed two bills:In April 2008, Governor OMalley signed two bills: 1. EmPower MD Energy Efficiency Act: Sets efficiency and peak-demand reduction portfolio standards; mandates utilities to file DR plans; and directs the Commission to consider whether smart meters are are cost–effective in reducing consumption and peak demand of electricity. EPACT 1252: In February 2007, the Commission deferred its decision on EPACT 1252. It wrote, the Commission hereby advises its jurisdictional electric utilities that it will not direct the wholesale implementation of the above- mentioned standards at this time. The Commission will continue to evaluate the standards and other demand response measures through its work group and any specific utility filings with the Commission. It will consider the working groups efforts and conduct further proceedings in this matter, if necessary, within two years of the effective date of [the Energy Policy] Act.In February 2007, the Commission deferred its decision on EPACT 1252. It wrote, the Commission hereby advises its jurisdictional electric utilities that it will not direct the wholesale implementation of the above- mentioned standards at this time. The Commission will continue to evaluate the standards and other demand response measures through its work group and any specific utility filings with the Commission. It will consider the working groups efforts and conduct further proceedings in this matter, if necessary, within two years of the effective date of [the Energy Policy] Act.

13. Michigan The Commission determined that all but two of the qualifying utilities already offered time-based rates that satisfied EPACT 1252it then opened proceedings specific to the utilities that didnt. In January 2007, the Commission presented to the Governor its 21 st Century Energy Plan, which recommends DR and AMI. The Commission then created four working groups to support the planthe groups will look at DR and the smart gridThe Commission determined that all but two of the qualifying utilities already offered time-based rates that satisfied EPACT 1252it then opened proceedings specific to the utilities that didnt. In January 2007, the Commission presented to the Governor its 21 st Century Energy Plan, which recommends DR and AMI. The Commission then created four working groups to support the planthe groups will look at DR and the smart grid In June 2007, the Commission opened a proceeding to implement the DR portion of the planit also formed a related working group called the Michigan Smart Grid Collaborative, which later was tasked with considering PHEVs vis-à-vis the smart gridIn June 2007, the Commission opened a proceeding to implement the DR portion of the planit also formed a related working group called the Michigan Smart Grid Collaborative, which later was tasked with considering PHEVs vis-à-vis the smart grid The Michigan Legislature is considering three bills that would foster the deployment of demand response and would reduce peak demand.The Michigan Legislature is considering three bills that would foster the deployment of demand response and would reduce peak demand. The Commission determined that all but two of the qualifying utilities already offered time-based rates that satisfied EPACT then opened proceedings specific to the utilities that didnt.The Commission determined that all but two of the qualifying utilities already offered time-based rates that satisfied EPACT then opened proceedings specific to the utilities that didnt.

14. New Mexico EPACT 1252 Proceeding opened September 2006. Commission has held several workshops and solicited from utilities white papers on AMI and time-based rates.EPACT 1252 Proceeding opened September 2006. Commission has held several workshops and solicited from utilities white papers on AMI and time-based rates. Legislation: In February 2007, Governor Richardson signed legislation that directs utilities to include load management and energy efficiency programs in their resource portfolio. It also sets a minimum threshold for action:Legislation: In February 2007, Governor Richardson signed legislation that directs utilities to include load management and energy efficiency programs in their resource portfolio. It also sets a minimum threshold for action: By 2014, save 5% of total 2005 retail kWh sales By 2014, save 5% of total 2005 retail kWh sales By 2020, save 10% of total 2005 retail kWh sales. By 2020, save 10% of total 2005 retail kWh sales. In January 2008, the Commission opened a proceeding to investigate what effect incentives will have to motivate utilities to deploy energy efficiency and load management.In January 2008, the Commission opened a proceeding to investigate what effect incentives will have to motivate utilities to deploy energy efficiency and load management.

15. New York Decision: Declined Adoption of EPACT 1252 the Commission determined that it already provides a time-based metering and communications standard comparable to PURPA.Decision: Declined Adoption of EPACT 1252 the Commission determined that it already provides a time-based metering and communications standard comparable to PURPA. In August 2006, the Commission directed utilities, in response to EPACT 1252, to file AMI plans.In August 2006, the Commission directed utilities, in response to EPACT 1252, to file AMI plans. In October 2007, the Commission solicited comments about the plans.In October 2007, the Commission solicited comments about the plans. In April 2008, the Commissions Staff held a technical conference.In April 2008, the Commissions Staff held a technical conference.

16. Ohio Decision: Adopted EPACT 1252 in March 2007 and series of workshops held subsequentlyDecision: Adopted EPACT 1252 in March 2007 and series of workshops held subsequently In May 2008, Governor Strickland signed Senate Bill 221, mandating a peak-load reduction standard:In May 2008, Governor Strickland signed Senate Bill 221, mandating a peak-load reduction standard: Beginning in 2009, an electric distribution utility shall implement peak demand reduction programs designed to achieve a one per cent reduction in peak demand in 2009 and an additional seventy-five hundredths of one per cent reduction each year through 2018. Beginning in 2009, an electric distribution utility shall implement peak demand reduction programs designed to achieve a one per cent reduction in peak demand in 2009 and an additional seventy-five hundredths of one per cent reduction each year through 2018. It requires the Commission to report annually verification of peak-demand reduction It requires the Commission to report annually verification of peak-demand reduction It sets state policy to encourage innovation and market access for…demand-side management, time- differentiated pricing, and implementation of advanced metering infrastructure. It sets state policy to encourage innovation and market access for…demand-side management, time- differentiated pricing, and implementation of advanced metering infrastructure.

17. Pennsylvania In February 2008, the House passed a bill that would mandate deployment of smart meters and demand response, set peak-demand reduction goals, and establish M&V standards. The bill is now in the Senate.In February 2008, the House passed a bill that would mandate deployment of smart meters and demand response, set peak-demand reduction goals, and establish M&V standards. The bill is now in the Senate. In March 2008, House of Representatives passed legislation that would allocate $850 million to Governor Rendells Energy Independence Fund$270 million of it is to provide grants and loans for DSM projects. The bill is now in the Senate.In March 2008, House of Representatives passed legislation that would allocate $850 million to Governor Rendells Energy Independence Fund$270 million of it is to provide grants and loans for DSM projects. The bill is now in the Senate.

18. Virginia In September 2007, Governor Kaine released his Virginia Energy Plan, which is to reduce the growth rate of consumption by 40% by 2017 and to reduce GHG emission by 30% by 2025. It considers DR to be a strategy for efficiency and conservation.In September 2007, Governor Kaine released his Virginia Energy Plan, which is to reduce the growth rate of consumption by 40% by 2017 and to reduce GHG emission by 30% by 2025. It considers DR to be a strategy for efficiency and conservation. In December 2007, the Commission reported to the Governor & General Assembly how to reduce consumption by 10% (of 2006 levels) by 2022 via load management, DSM, conservation, and efficiency. This report was in response to legislation enacted in April 2007.In December 2007, the Commission reported to the Governor & General Assembly how to reduce consumption by 10% (of 2006 levels) by 2022 via load management, DSM, conservation, and efficiency. This report was in response to legislation enacted in April 2007. In May 2008, Governor Kaine signed legislation that renews the states Commission on Electric Utility Restructuring while renaming it the Commission on Electric Utility Regulation. It also tasks this Commission with educating retail electricity consumers about demand response. The new law requires the State Corporation Commission to convene a working group to identify consumer education needs pertaining to DR, DSM, efficiency, and conservation.In May 2008, Governor Kaine signed legislation that renews the states Commission on Electric Utility Restructuring while renaming it the Commission on Electric Utility Regulation. It also tasks this Commission with educating retail electricity consumers about demand response. The new law requires the State Corporation Commission to convene a working group to identify consumer education needs pertaining to DR, DSM, efficiency, and conservation.

19. Elsewhere in Washington DOE DOE New Advisory Committee at DOENew Advisory Committee at DOE Continued support to MADRI, MWDRI and NWDRIContinued support to MADRI, MWDRI and NWDRI Other technical supportOther technical support FERC FERC Individual Decisions on ISO/RTO DRIndividual Decisions on ISO/RTO DR Ancillary Services and other markets Ancillary Services and other markets Inclusion of Traditional Efficiency as well as DR Inclusion of Traditional Efficiency as well as DR Rulemaking on DR in Competitive Markets (AD07-07- 000)Rulemaking on DR in Competitive Markets (AD07-07- 000) Technical Conferences on DRTechnical Conferences on DR EPA EPA Energy StarEnergy Star National Action Plan on Energy EfficiencyNational Action Plan on Energy Efficiency

20. Energy Independence Act Title XIII – Smart Grid Section 1301 – Statement of Policy Section 1301 – Statement of Policy Section 1302 – System Report Section 1302 – System Report Section 1303 – Advisory Committee and Task Force Section 1303 – Advisory Committee and Task Force Section 1304 – Technology RD&D Section 1304 – Technology RD&D Section 1305 – Interoperability Framework Section 1305 – Interoperability Framework Section 1306 – Federal Matching Fund Section 1306 – Federal Matching Fund Section 1307 – State Consideration Section 1307 – State Consideration Section 1308 – Study of Effect of Private Wires Laws on CHP Section 1308 – Study of Effect of Private Wires Laws on CHP Section 1309 – Study of Security Attributes Section 1309 – Study of Security Attributes

21. Section 1301 – Statement of Policy It is the policy….to support….which together characterize a smart grid: It is the policy….to support….which together characterize a smart grid: Digital information and controlsDigital information and controls Dynamic optimization with cyber-securityDynamic optimization with cyber-security Distributed Resources and DG, including renwewable energyDistributed Resources and DG, including renwewable energy Demand Response and Energy EfficiencyDemand Response and Energy Efficiency Smart technologies for metering, grid communications and distribution automationSmart technologies for metering, grid communications and distribution automation Smart appliances and consumer devicesSmart appliances and consumer devices Advanced storage and peak-shaving technologies, including PHEVs and thermal-storage A/CAdvanced storage and peak-shaving technologies, including PHEVs and thermal-storage A/C Information and control options to consumersInformation and control options to consumers Standards for communication and interoperabilityStandards for communication and interoperability Identification and lowering of barriersIdentification and lowering of barriers

22. Section 1304 – Technology RD&D Power Grid Digital Information Technologies Power Grid Digital Information Technologies Advanced techniques for measuring peak reductions and efficiency savingsAdvanced techniques for measuring peak reductions and efficiency savings Investigate means for DR, DG and storage to provide ancillary servicesInvestigate means for DR, DG and storage to provide ancillary services WAN measurement and control includingWAN measurement and control including Data mining Data mining Visualization Visualization Advanced computing Advanced computing Communications in a highly distributed environment Communications in a highly distributed environment New reliability techniques, includingNew reliability techniques, including Communications network capabilities in a grid control room environment Communications network capabilities in a grid control room environment

23. Section 1304 – Technology RD&D Power Grid Digital Information Technologies Power Grid Digital Information Technologies Identify communications networks capabilities needed to implement advanced technologiesIdentify communications networks capabilities needed to implement advanced technologies Investigate feasibility of a transition to time- based and real-time pricingInvestigate feasibility of a transition to time- based and real-time pricing Develop algorithms for use in transmission software applicationsDevelop algorithms for use in transmission software applications Promote use of underutilized electric generation capacity in replacement of liquid fuels in transportationPromote use of underutilized electric generation capacity in replacement of liquid fuels in transportation Interconnection protocols to enable electric vehicles to help meet peak demandInterconnection protocols to enable electric vehicles to help meet peak demand

24. Section 1304 – Technology RD&D Regional Demonstration Initiative specifically focused on advanced technology for power grid sensing, communications and power flow control, including: Regional Demonstration Initiative specifically focused on advanced technology for power grid sensing, communications and power flow control, including: Demonstrate benefits of concentrated investmentsDemonstrate benefits of concentrated investments Facilitate transition to advanced technologiesFacilitate transition to advanced technologies Facilitate integration of advanced technologies into existing networksFacilitate integration of advanced technologies into existing networks Demonstrate protocols and standards for measurement verification of energy and emissions savings from DR and EEDemonstrate protocols and standards for measurement verification of energy and emissions savings from DR and EE Investigate differences in regulation and best practicesInvestigate differences in regulation and best practices

25. Section 1305 – Interoperability Primary responsibility given to National Institute of Standards and Technology (NIST) of Department of Commerce Primary responsibility given to National Institute of Standards and Technology (NIST) of Department of Commerce Authorization of $5M per year from 2008 to 2012 Authorization of $5M per year from 2008 to 2012 Purposes: Purposes: Develop framework that includes protocols and model standards for information management to achieve interoperability of devices and systemsDevelop framework that includes protocols and model standards for information management to achieve interoperability of devices and systems Alignment of policy, business and technology approaches to enable all electric resources, including demand resources to contribute to an efficient reliable electricity networkAlignment of policy, business and technology approaches to enable all electric resources, including demand resources to contribute to an efficient reliable electricity network Input must be solicited from: Input must be solicited from: DOEDOE Smart Grid Task Force and Advisory CommitteeSmart Grid Task Force and Advisory Committee Stakeholders such as GWAC, IEEE and NEROStakeholders such as GWAC, IEEE and NERO Framework Developed shall be technology- neutral, flexible, uniform and voluntary Framework Developed shall be technology- neutral, flexible, uniform and voluntary

26. Section 1305 - Interoperability Framework shall be designed Framework shall be designed To incorporate all resources, both generation and demand response and energy efficiencyTo incorporate all resources, both generation and demand response and energy efficiency To be flexible to accommodate regional differences and technology innovationsTo be flexible to accommodate regional differences and technology innovations To consider voluntary standards that accommodate appliances and equipment that are manufactured to respond to grid emergencies and price signals via curtailment or load sheddingTo consider voluntary standards that accommodate appliances and equipment that are manufactured to respond to grid emergencies and price signals via curtailment or load shedding Framework shall accommodate appropriate manufacturer lead time Framework shall accommodate appropriate manufacturer lead time

27. Section 1305 - Interoperability Timetable Timetable NIST to begin work 60 days post enactmentNIST to begin work 60 days post enactment Publish report on progress within 1 yearPublish report on progress within 1 year Further reports as warrantedFurther reports as warranted Final report when work is judged to have been completed or that a federal role is no longer necessaryFinal report when work is judged to have been completed or that a federal role is no longer necessary FERC FERC If sufficient consensus reached, FERC shall proceed to rulemaking to apply standards to interstate transmission and regional and wholesale marketsIf sufficient consensus reached, FERC shall proceed to rulemaking to apply standards to interstate transmission and regional and wholesale markets

28. Section 1307 – State Considerations Two new Standards created under the Public Utilities Regulatory Policy Act (PURPA) Two new Standards created under the Public Utilities Regulatory Policy Act (PURPA) New (17) Smart Grid Investments New (17) Smart Grid Investments Utilities must consider smart grid investments before proceeding with traditional investments Utilities must consider smart grid investments before proceeding with traditional investments Utilities are authorized to recover costs of smart grid investments Utilities are authorized to recover costs of smart grid investments Utilities are authorized to recover remaining book value of infrastructure made obsolete Utilities are authorized to recover remaining book value of infrastructure made obsolete

29. Section 1307 – State Considerations New (18) Smart Grid Information New (18) Smart Grid Information Purchasers shall be provided direct access, in writing or electronically, to information including:Purchasers shall be provided direct access, in writing or electronically, to information including: Prices Prices Usage Usage Intervals and Projections Intervals and Projections Sources and emissions Sources and emissions

30. Section 1307 – State Considerations The PURPA Construct The PURPA Construct No direct mandate to doNo direct mandate to do Requirement is to considerRequirement is to consider Not just State CommissionsNot just State Commissions Commence a proceeding or set a hearing date within 1 yearCommence a proceeding or set a hearing date within 1 year Complete consideration and make determination within 2 yearsComplete consideration and make determination within 2 years

31. Energy Independence Act Title V – Efficiency and Demand Response Two additional PURPA Standards Two additional PURPA Standards Integrated Resource Planning (IRP)Integrated Resource Planning (IRP) Integrate Efficiency into IRP Integrate Efficiency into IRP Adopt policy establishing efficiency as a priority resource Adopt policy establishing efficiency as a priority resource Rate Design to Promote Efficiency Investments (Decoupling)Rate Design to Promote Efficiency Investments (Decoupling) Align utility incentives with energy efficiency (rate design) Align utility incentives with energy efficiency (rate design) Promote energy efficiency investment Promote energy efficiency investment Removing throughput incentive Removing throughput incentive Adopt rate designs to encourage efficiency Adopt rate designs to encourage efficiency Offer customers info and services in energy efficiency and demand response Offer customers info and services in energy efficiency and demand response

32. Energy Independence Act Title V – Efficiency and Demand Response Section 529 Section 529 Demand Response Assessment and National Action Plan FERC has leadFERC has lead Assessment of national potential in 5 and 10 year incrementsAssessment of national potential in 5 and 10 year increments Assessment completed within 18 monthsAssessment completed within 18 months $10M per year authorized in 2008 through 2010$10M per year authorized in 2008 through 2010 Action Plan submitted to Congress within one year of completion of AssessmentAction Plan submitted to Congress within one year of completion of Assessment

33. Energy Independence Act Title V – Efficiency and Demand Response Section 529 Section 529 Demand Response Assessment and National Action Plan Action Plan Components Action Plan Components Technical Assistance needed by StatesTechnical Assistance needed by States National Communications ProgramNational Communications Program Development of analytical tools, model contracts and other support materialsDevelopment of analytical tools, model contracts and other support materials Action Plan Implementation Action Plan Implementation FERC, together with DOE, to seek state agreements and submit implementation plan to CongressFERC, together with DOE, to seek state agreements and submit implementation plan to Congress

34. Elsewhere in the bill (almost) – Taxes Accelerated Depreciation for Advanced Metering (aka Qualified Energy Management Devices) Accelerated Depreciation for Advanced Metering (aka Qualified Energy Management Devices) Permanent Change from 20 years to 5-7 yearsPermanent Change from 20 years to 5-7 years $1.2 Billion tax benefit$1.2 Billion tax benefit Utility is taxpayerUtility is taxpayer Installations after January 1, 2008Installations after January 1, 2008 Device EligibilityDevice Eligibility Capable of hourly interval measurement and recording Capable of hourly interval measurement and recording Capability to exchange information with customer devices in support of time-based rates and demand response Capability to exchange information with customer devices in support of time-based rates and demand response Capability to allow providers to provide usage information to customers electronically Capability to allow providers to provide usage information to customers electronically Utility must offer net metering Utility must offer net metering

35. New Federal Law to Come Tax Tax Accelerated DepreciationAccelerated Depreciation Investment Tax Credit?Investment Tax Credit? Reduction Tax Credit?Reduction Tax Credit? Climate Change Climate Change Role of Efficiency/DRRole of Efficiency/DR M&VM&V

36. Thank You Dan Delurey Wedgemere Group Demand Response & Advanced Metering Coalition www.dramcoaltiion.org Demand Response Coordinating Committee www.demandresponsecommittee.org 1615 M Street NW Suite 900 Washington, DC 20036 202.296.1686