Decision-makers are increasingly concerned about the potential future rate impacts of a number of policies and industry trends that support rapid decarbonization, electrification, and grid modernization.
Since at least the late 1970s, electric utilities and their regulators have recognized the value of experimentation to motivate innovation. The industry has a long history of using pilots to help inform future decision making about electric utility rates, customer technology adoption and integration, and even changes to the utility’s regulatory or business model.
The National Standard Practice Manual (NSPM) for Distributed Energy Resources (DERs) provides a comprehensive framework and supporting concepts and guidance for sound, consistent, and balanced benefit-cost analysis (BCA) of DERs, including energy efficiency. The manual is intended for use by jurisdictions to help inform which resources to acquire to meet the jurisdiction’s specific policy goals and objectives.
We are pleased to announce the release of a new report from Berkeley Lab identifying energy efficiency (EE) and demand response (DR) attributes, utility system conditions, and technological factors that are likely to drive interactions between EE and DR.
According to a recent industry report, a little over 55% of U.S. households now have smart meters. This presents utilities with an opportunity to leverage the rich data these systems provide to better understand their customers and make data-driven decisions concerning optimal rate or program portfolio planning and implementation. Being able to update assessments at an ever more rapid pace will become increasingly important as consumption patterns and peak demands shift due to technology innovations and adoptions (e.g., solar panels, electric vehicles).