Louisiana’s 2030 Energy Efficiency Roadmap R. Neal Elliott, Research Director Briefing on ACEEE Report June 2013

The American Council for an Energy- Efficient Economy (ACEEE) ACEEE is a nonprofit 501(c)(3) research organization that acts as a catalyst to advance energy efficiency policies, programs, technologies, investments & behaviors. Nearly 50 staff primarily engineers, researchers and policy analysts Focus on end-use efficiency in industry, buildings, utilities & transportation Other research in economic analysis; behavior; national, state & local policy. Funding: ◦Foundation Grants (60%) ◦Contract Work & Gov. Grants (25%) ◦Conferences and Publications (11%) ◦Contributions and Other (4%)

Why Efficiency? Our Least-Cost Resource Source: Lazard 2012 for all except for EE, which is Molina 2013

Multiple Attributes of Energy Efficiency -Least-COST resource for system planning -Least-RISK resource for system planning -Economic development in the form of local jobs -Net energy bill savings -Environmental benefits

Context ACEEE completed series of state EE potential studies over the past 6 years (e.g., Arkansas, North Carolina, South Carolina, Pennsylvania, Missouri, Florida, Texas, and ongoing in Mississippi) Potential studies are one tool in the tool-box for decision-makers interested in tapping into energy efficiency Assess overall resource potential for cost-effective EE Identify program potential by customer class Increasing interest in energy efficiency in South

Broad stakeholder support of EE -Ohio Manufacturers Association worked with ACEEE to support EE rules -High-level bipartisan interest from governors across the country: Mary Fallin (OK),Phil Bryant (MS), Deval Patrick (MA), John Kasich (OH), Rick Snyder (MI)

Efficiency Program & Policy Scenario Impacts in Louisiana 5% electricity savings by 2020, 16% by 2030; 3% natural gas savings by 2020, 12% by 2030 Universal benefits of $4.2 billion in net energy bill savings to all consumers over the life of the measures Cost is modest: -Typical Residential customer—cost of $0.47 on avg $103 monthly bill (1,000 kWh usage) -Typical Commercial customers—cost of $5.41 on avg $1,188 monthly bill (12,500 kWh usage) Job creation throughout the life of the program, with 27,100 new jobs in place by 2030, $3 billion in net economic output, and increased state & local tax revenue of $114 million

Electricity Program and CHP Potential

Example Residential Measures Energy Star Refrigerator— 5% savings at $0.03/kWh Incremental cost ($40) CFL—11% savings at $0.01/kWh Incremental cost ($0.56/bulb)

Business Electricity Savings Potential in 2030 by Program (6,658 GWh)

Example Commercial Measures High efficiency chillers— cost $0.02/kWh Incremental investment $9,900 Occupancy sensors for lighting—cost $0.01/kWh Incremental investment $48

Residential Electricity Savings Potential in 2030 by Program (6,391 GWh)

Thank you! R. Neal Elliott, Ph.D., P.E. Associate Director for Research Visit ACEEE on the Web: