1. Efficiency Vermont your resource for energy savings The Economic Benefits of Energy Efficiency

2. What Is Efficiency Vermont? 4The first energy efficiency utility in the USA 4Created by order of the Vermont Public Service Board 4Performance-based contract administered by a Vermont Non-Profit Entity

3. Efficiency Vermont Mission 4Our sole mission is to help all Vermonters save energy, reduce energy costs and protect our environment.

4. Efficiency Vermont Goals Three basic goals drive Efficiency Vermont’s initiatives and milestones… 4Electrical (MWh) Savings 4Total Resource Benefits 4Market Transformation

5. Efficiency Vermont Serves: All electric rate payers in Vermont, including... 4Commercial, Industrial, Municipal 4Residential 4Farmers 4Mixed Commercial & Residential Sites

6. Energy Efficiency Benefits beyond lower energy costs: 4Improved value 4Lower life-cycle costs 4Creates a more comfortable and healthier environment 4Increases profits and productivity

7. Basic Service Sectors 4Business Energy Services Energy Efficient Equipment New Construction 4Residential Energy Services Energy Efficient Products New Construction Targeted High Use

8. Energy Efficiency Projects with Businesses 4Over 970 Commercial Projects 4Over $2.4 Million in Financial Incentives to Businesses 4Over 35,000 Megawatt hours of Electricity Saved 4Over $24.1 Million in Total Resource Benefits

9. Energy Efficiency Projects with Residents 4Over 52,000 Residential Projects 4Over $4.6 Million in Financial Incentives to Residents 4Over 36,000 Megawatt hours of Electricity Saved Annually 4Over $24 Million Dollars in Total Resource Benefits

10. Technical Services: 4Design Assistance 4Computer Modeling 4Cost-Benefit Analysis 4Product Sourcing 4Collaboration

11. Financial Incentives 4Lighting - Statewide standard 4Three-phase motors - Regional standard 4 HVAC - Regional standard 4 Refrigeration - Custom 4 Process equipment - Custom 4 Other electrical end-use equipment 4 Design Studies (3rd Party)

12. Prescriptive Rebates 4Commercial - Lighting - HVAC - Electric Motors 4Residential -Lighting -Appliances -Energy Star Homes

13. Custom Projects 4Identify efficient alternatives or approaches 4Custom incentive packages 4Establish baseline product/design 4Assist with cost/benefit evaluation 4Assist with presentations to boards or the community

14. Sample Project #1 Large Wholesale Grocer 4Chiller & Quick Close Freezer Doors 4Financial Incentive = $110,000 41,325,000 annual kWh savings 4$140K in Annual Operating Cost Savings

15. Sample Project #2 Plastics Manufacturer 4Equipment Replacement-Dryer installation 4$3000 Financial Incentive 469,000 annual kWh savings 4$145,520 Operating Cost Savings in scrap reduction, labor and energy savings

16. Sample Project #3 5 Ski Areas - 9 projects total 4Snowmaking Tower Guns, Lighting upgrades, compressed air, variable speed drive and motors 4$207,000 Total Financial Incentives 4$383,000 Annual Operating Cost Savings 4$4.62 million in Total Resource Benefits

17. Other Positive Results 4We’ve helped 1 of every 10 electric utility customers lower their energy costs 4That’s over 30,900 Vermonters receiving over $20 million in lifetime savings 4Demand-Side-Management keeps dollars in the state of Vermont 4Saved an estimated $24 million in fossil fuels 4125 lighting retailers & 70 appliance dealers sell ENERGY STAR products in Vermont

18. Public Value of Efficiency Vermont Services Courtesy of Richard Cowart

19. Contracted vs. Open-Market When demand exceeds the capacity at the contracted rate... 4Peak Cost for NE Grid in July 2001 was $1.00 per KWh

20. Economic Benefit of Efficiency Measures Last year, Efficiency Vermont saved electricity at a cost of 2.5 cents/kWh while it cost an average of 4 cents/kWh for utilities to purchase or generate electricity. We’re like an invisible power plant-- but less expensive

21. How to reach us: Efficiency Vermont 255 S. Champlain Street Burlington, Vermont 05401-4717 _______________________ (888) 921-5990 x-1088 (802) 658-1643 FAX