2003
Annual Plan
Submitted to the
Vermont Public Service Board
November 20, 2002
Efficiency Vermont
2003 Annual Plan
TABLE OF CONTENTS
I.
INTRODUCTION AND OVERVIEW ………………………………………………..…………..4
A. MARKETS, SERVICES AND INITIATIVES……………...………………….……….……4
B. TWO PERSPECTIVES OF PLANNED ACTIVITIES FOR 2003….………………...…..6
II.
SERVICES AND INITIATIVES FOR 2003 …………………………………………..………...7
A. CORE SERVICES FOR 2003 ……………………………...…………………….………...7
1. Business Energy Services Overview .………………………………………………...7
2. Business New Construction ……………………………………………………………8
a. Market Objectives ……………………………………………………..……………8
b. Market Strategy…………………………………………………………..…………8
c. Specific Services and Incentives………………………………………….………9
3. Business Existing Facilities ….………………………………………..……….….…11
a. Market Objectives .………………………………………………...……….….…11
b. Market Strategy …………………………………………..…………….….….…11
c. Specific Services and Incentives………………………..…………….…..….…12
1) Prescriptive Projects…………………………………..…………….…....….12
2) Custom Projects…………………………………..……………………....….13
4. Residential Energy Services Overview …………………………………….………13
5. Retail Efficient Products .…………………………………..……………….…………14
a. Market Objectives …………………………………..……..……………...………14
b. Market Strategy…………………………………..……………….……...….……15
c. Core Services …………………………………..……………….………...………15
1) Vendor Support …………………………………..…………...……...………15
2) Financial Incentives…………………………………..…....………...………15
3) Expanded Product Focus …………………………………..………………15
4) Industry Initiatives …………………………………..…………………….…16
6. Residential New Construction ……………………………..………………..…….…16
a. Market Objectives ……………………………..…………………….…..…….…16
b. Market Strategy……………………………..…………………………....…….…16
c. Core Services……………………………..……………………………...…….…16
7. Existing Homes ……………………………..……………………………...…...….…17
a. Market Objectives ………………………..……………………….…...…...….…17
b. Market Strategy ………………………..………………….…………...…...….…17
1) Low-Income Services ………………………..………………………..….…17
2) High Use Households………………………..…...……………...…...….…17
c. Core Services ………………………..…………………..…………...…...….…17
1) Customer Service ………………………..…………………………...….…17
2) Low-Income Services …………...…………..…………………………...…18
3) High Use Households………………………..…………...……………...…18
2003 Annual Plan – Page 2
B. SPECIFIC INITIATIVES ………………………..………………………………………...…18
1. Cross-Sector Initiatives ………………………..………...………………………...…18
a. Multifamily ………………………..………………………………...…………...…18
b. Ski Areas ………………………..………………………………...………….……19
c. Regional and National Activities ……………………………...…………....……19
d. Strategic Partners ………………………..……………………………….………20
e. Conference ………………………..…………………………...………….………21
f. Codes and Act 250 Technical Support ………………..…….………….……..22
g. Cross-Sector Products ……………..…………………………...…………..…..22
2. Business Sector Initiatives ……………..…………………………...………...……..23
a. Schools ……………..…………………………...……………………….....……..23
b. Water and Wastewater ……………..…………………………...………...……..24
c. Farms ………………..…………………………...…………………….....……….24
d. Large Commercial Customers ……………..……………………………………25
e. Large Industrial Customers ……………..……………………………………….25
f. State Buildings and General Services ..………………………………………..26
3. Residential Sector Initiatives ..……………………………………………………….26
a. New Technologies..……………………………………………………………….26
b. Home Performance Contracting ..……………………………………………….27
c. Furnace Fans ..…………………………………………………………………….27
d. Lighting Showrooms ..………………………………………………………….27
e. Lighting Fixture Design Competition …………………………………………...28
f. ENERGY STAR Buyer’s Card …………………………………………………….28
III.
BUDGET ..…………………………………………………………………………………………..29
2003 Annual Plan – Page 3
Efficiency Vermont
2003 Annual Plan
I. INTRODUCTION AND OVERVIEW
This Annual Plan for 2003 is submitted by the Vermont Energy Investment
Corporation (VEIC) to the Vermont Public Service Board (PSB) pursuant to
VEIC’s contract with the PSB for delivery of “Energy Efficiency Utility” services
under the name “Efficiency Vermont…your resource for energy savings.”
This Plan serves three purposes:
1. to present Efficiency Vermont’s objectives and strategies for addressing core
statewide markets in 2003;
2. to identify and describe specific initiatives that are currently anticipated by
Efficiency Vermont for implementation in 2003;
3. to provide a current estimate of the budget associated with implementation of
planned core services and initiatives, based on current expectations of
available2003 funds.
A. MARKETS, SERVICES AND INITIATIVES
In the past year (2002), Efficiency Vermont implemented eight core programs
that had been approved by the PSB under the initial three-year contract for
delivery of Energy Efficiency Utility services and in the Board-approved Annual
Plan for 2002:
1.
2.
3.
4.
2002 Business Sector Programs
Commercial Energy Opportunities Program
Customer Credit Program
Low-Income Multifamily Program
Commercial and Industrial Emerging Markets Initiatives
1.
2.
3.
4.
2002 Residential Sector Programs
Residential New Construction Program
Efficient Products Program
Low Income Single Family Program
Residential Emerging Markets Initiatives
In 2003, Efficiency Vermont will continue to implement energy efficiency services
and activities that address these same core markets, consistent with the PSB
Order in Docket 5980 and the associated Memorandum of Understanding (MOU)
among the parties to that Docket. Starting in 2003, however, Efficiency Vermont
2003 Annual Plan – Page 4
plans to re-organize these core market energy efficiency services and initiatives
as follows:
2003 Business Sector Services and Initiatives
1. Business New Construction
2. Business Existing Facilities
3. Customer Credit
4. Business Emerging Market Initiatives
2003 Residential Sector Services and Initiatives
1. Retail Efficient Products
2. Residential New Construction
3. Residential Existing Buildings
4. Residential Emerging Market Initiatives
This re-configuration is the result of a yearlong internal evaluation and planning
process that was informed by the experience of the first three years of program
implementation. Important input was provided by customers, the Efficiency
Vermont Advisory Committee, staff of the PSB and the Vermont Department of
Public Service (DPS), trade allies, and a wide range of Efficiency Vermont staff.
The primary objectives of this reorganization are to:
 align Efficiency Vermont services and initiatives more closely with customer
needs and to support a more customer-focused perspective in all aspects of
Efficiency Vermont operations;
 simplify customer participation;
 reflect a more useful segmentation of markets for service delivery, reporting and
market assessment purposes;
 facilitate coordination and efficiency among program offerings;
 eliminate unintended gaps in program services; and
 align service delivery more closely with increasingly cross-functional internal
management structure and staff capabilities.
The specific details of this reorganization (2003 compared to 2002) are as
follows:
1. For Customer Credit, Residential New Construction, and Energy Efficient
Products, no major change in the market served or scope of services is
anticipated from 2002 to 2003. Only the nomenclature is changed to better
reflect the organization of activities based on serving customer markets with
“services” rather than with “programs.”
2. The 2003 “Business New Construction” service will be comprised of services
provided under the new construction component of the 2002 “Commercial
Energy Opportunities” program, the new construction component of the 2002
2003 Annual Plan – Page 5
“Low-Income Multifamily” program, and the multifamily services of the 2002
“Residential New Construction” program.
3. The newly defined “Business Existing Facilities” service will provide the
equipment replacement component of the 2002 Commercial Energy
Opportunities” program, the “Large Commercial Retrofit” component of the
2002 “Commercial and Industrial Emerging Markets” program, and the retrofit,
renovation and equipment replacement services provided under the 2002
“Low Income Multifamily” program and for other multifamily rental properties
operated under a business model. Services for low-income multifamily
housing will continue to be tailored to overcome the barriers to participation in
this market sector and will continue to be tracked separately.
4. The newly defined “Residential Existing Buildings” service will provide the
“Targeted High Use” component of the 2002 “Residential Emerging Markets
Initiatives” and the services provided under the 2002 “Low Income Single
Family” program. Services for low-income participants will continue to be
tailored to overcome the special barriers to participation in this market sector
and will continue to be tracked separately.
5. The 2003 “Business Emerging Market Initiatives” and “Residential Emerging
Market Initiatives” replace the corresponding 2002 programs. These 2003
Initiatives will no longer include delivery of the retrofit services now to be
provided as part of services for existing buildings. These initiatives will
continue to include a range of research, development, demonstration and
other activities, including those based on new technologies, feedback from
strategic partners, new service delivery concepts, and potential niche market
services.
B. TWO PERSPECTIVES OF PLANNED ACTIVITIES FOR 2003
The markets where Efficiency Vermont seeks to achieve energy efficiency are
complex, with multiple market decision-influencers having the potential to affect
efficiency decisions through a variety of channels and mechanisms. The
experience of the first three years of Efficiency Vermont implementation suggests
that, while the definition and organization of services by customer sector and
“program” (or market intervention opportunity) can be useful for many purposes
(e.g., market assessment, planning, budgeting, reporting), it is not sufficient.
More appropriate, effective and customer-oriented strategies for securing energy
efficiency can, in many cases, be better organized by other ways of defining and
managing Efficiency Vermont activities. For example, for some types of customer
groups (e.g. ski areas), it has been Efficiency Vermont’s experience that
approaching and working with these customers on a comprehensive, crossprogram and cross-sector basis is more effective than offering participation in
multiple, separate programs. Other critical activities (e.g., establishing
2003 Annual Plan – Page 6
partnerships with equipment and product suppliers and/or retailers) do not lend
themselves to organization or management by “program” or “market”.
Accordingly, this Plan for 2003 describes currently anticipated Efficiency Vermont
activities from two different views:
Core Services for 2003 – This perspective is organized primarily by customer
segment (residential vs. business) and type of market opportunity (new
construction vs. existing facilities). Market objectives for each of the five defined
core markets are presented, with corresponding market strategies. The
corresponding, specific Efficiency Vermont technical services and financial
incentives available to customers in each of these markets are also presented in
this format.
Specific Initiatives for 2003 – This perspective is used to present proposed
2003 Efficiency Vermont activities in a manner more consistent with their
management and implementation. These activities are presented as
comprehensive efforts that may include strategy development, marketing,
business development, customer service and provision of technical services.
They may or may not include new and existing construction, lost opportunity
measures and discretionary retrofits, and participants from both residential and
business customer sectors.
It is acknowledged that these two perspectives overlap with each other. While
this adds some complexity to the Plan, Efficiency Vermont has found it to be a
useful way to describe what we believe will be a highly effective approach to
serving a complex marketplace.
II. SERVICES AND INITIATIVES FOR 2003
A. CORE SERVICES FOR 2003
1. Business Energy Services Overview
Efficiency Vermont’s business services will continue to address the markets
targeted in the Core Program designs outlined in the Power to Save and in our
original contract. However, these Core Programs will be considered parts of our
broader market based strategy outlined below. While services will be enhanced
and approaches expanded, the fundamental delivery of efficiency services and
the procurement of energy savings across the business market in Vermont will
continue, much as it has over the past three years. One key change will be the
elimination of references to “programs”, such as the CEO Program or the REEP
Program, from our internal and external lexicon. This change in language allows
us to more effectively serve and communicate with customers whose projects
transcend traditional program boundaries. We have defined the business market
2003 Annual Plan – Page 7
as including multi-family, farm, commercial, institutional and industrial facilities
and their operations. The services that we have offered and will continue to offer
include:




Comprehensive design assistance for new construction;
Identification of energy efficient equipment replacements;
Incentives targeted at the incremental costs associated with the higher cost of
efficient options for market driven equipment replacement or new
construction;
Incentives to overcome the barriers to retrofitting existing inefficient
equipment with no planned upgrades.
We will continue to target sub-markets, such as multi-family facilities or schools
with initiatives that look across the market, developing strategic relationships and
a high level of understanding of the barriers and decision-makers within the submarket. Efficiency Vermont has a vested interest in identifying new opportunities
for the application of efficient technologies and will continue to seek the
application of new technologies as they are introduced and proven. We plan to
also continue to participate in regional and national initiatives to leverage the
work of others, to enable Vermont’s businesses to benefit from these initiatives.
2. Business New Construction
a. Market Objectives
Efficiency Vermont’s overarching goal in this market is to work toward a time
when every new building in Vermont achieves the highest levels of cost-effective
and feasible efficiency.
b. Market Strategy
Our primary strategies in this market are to effectively engage with the principals
(architects, engineers, developers, building owners, etc.) in as many new
construction and major renovation projects as possible and to capture the
maximum practical efficiency upgrades offered in each of these projects. Our
relationships with design professionals are critical to our success in establishing
efficiency as an obtainable objective in large and high-visibility projects. These
projects offer disproportionate opportunities to transform practices in the new
construction market. Recognizing that project coordinators who work without
design professionals often have less information available regarding efficient
options and have a short timeframe from conception to occupancy, we plan to
continue to seek the most effective ways to engage with these individuals. The
trade ally outreach work that we are doing will support our increased success in
these smaller, fast-paced projects.
2003 Annual Plan – Page 8
We are working to improve our screening and engagement of new construction
participants through direct outreach, in addition to our strategic partnership work.
Our weekly review of both the Works in Progress (WIP) Construction Report and
Act 250 postings provides leads on most of the new construction activity in
Vermont. However, we are finding that our current approach sometimes yields
“unqualified” projects; projects that have no owner commitment to work with
Efficiency Vermont. This type of “project” gets assigned to a project manager
whose primary job function is to work on efficiency measures and design, but
who becomes responsible for engaging the customer, trade ally or design
professional. In 2003, we will be working to identify more effective screening and
engagement strategies and tools to increase active participation and to reduce
time spent working to engage players who are not key decision-makers. The
early involvement achieved through our aggressive outreach to these WIP leads
should improve the likelihood that designs will meet the minimum requirements of
the 2001 Vermont Guidelines for Energy Efficient Construction, and allow us to
work with customers to exceed these standards, striving toward the construction
of “high-performance” buildings.
In addition, our aggressive outreach efforts with design professionals and trade
allies will foster greater awareness of our services and of efficiency opportunities.
This will help encourage more active and fruitful participation.
c. Specific Services and Incentives
Services provided to new construction participants include comprehensive design
assistance services and design incentives, plan review, energy analysis, and
financial incentives toward the incremental cost of building more efficient
structures. Work with design professionals and building owners early in the
design process is recognized as critical to assuring that the most efficient
equipment and design is pursued from the start, addressing the cost barrier
associated with “re-design” of building systems, and facilitating comprehensive
approaches that integrate systems and equipment.
An important element of this approach is to increase building owner and operator
knowledge and understanding of the importance of capturing energy efficiency
opportunities during the design phase. With this understanding, buyers and
sellers of construction materials, equipment and services are better motivated to
demand higher levels of energy efficiency.
To support the adoption of energy efficient approaches and options in this
market, we plan to expand the use of case studies, our new “technical briefs,” our
“Design Guide for Multifamily Housing,” and other tools available from outside
Vermont – such as the New Building Institute’s “Advanced Building Design
Guidelines,” when completed. Efficiency Vermont’s updated website also will
provide increasing support to Vermont building and design professionals and
2003 Annual Plan – Page 9
project team participants, through direct provision and links to relevant technical
information, tools, and resources.
In 2003, Efficiency Vermont plans to expand promotion of the Comprehensive
Track for those building owners or developers and design teams that are
interested in pursuing a more comprehensive energy efficient design. This
approach provides a method for achieving a higher level of energy efficiency by
optimizing the interactive benefits between various building systems and the
whole building. As part of our support for these comprehensive design projects,
we will continue our efforts to include in projects, and to build Vermont capability
to conduct, appropriate levels of building energy simulation modeling.
We will endeavor to increase participation of small to medium sized building
projects under the “simple” track, to increase attention to lighting design and
heating, ventilation and air conditioning (HVAC) equipment sizing. We plan to
also work to engage simple track participants on envelope detailing and window
selection, as well as system controls. We will monitor participation in the
“enhanced” track to ensure that this high level of service and investment in
incentives is directed to the most appropriate projects. As designer interest,
engagement, capability and standard practice in comprehensive design
increases, we will monitor the prescriptive incentive levels tied to the simple track
and will evaluate the appropriateness of adjusting them downward.
We have experienced a dramatic rise in multifamily new construction projects,
particularly in market-rate housing. We plan to continue to refine our approach to
working with developers and construction managers to improve efficiency in the
design and construction of these buildings. We are working to increase adoption
of new technologies, such as drain water heat recovery and spray polyurethane
foam. We plan to document our experience with the early adopters in case
studies, to encourage the adoption of new methods in other projects. In general,
builders with experience in Chittenden County have been the participants most
likely to consider such innovations. We will endeavor to increase interest in other
areas of the state.
Efficiency Vermont has a very large number of in-progress new construction
projects that are expected to be completed in 2003. We will be bringing many of
our early comprehensive design projects to completion in multi-family and
commercial construction and plan to continue to apply our lessons learned to the
design and approaches for projects that where construction will be completed in
2004 and 2005.
2003 Annual Plan – Page 10
3. Business Existing Facilities
a. Market Objectives
Efficiency Vermont’s objectives for this market in 2003 are threefold. Our primary
objective will be to capture maximum cost-effective levels of participation and
efficiency by effectively understanding and responding to customer needs.
Secondly, Efficiency Vermont will seek a balance in securing energy savings in
existing business facilities through both lost-opportunity projects (e.g., efficiency
upgrade at time of equipment replacement) and high-value discretionary retrofit
projects (those that can secure large savings at low cost). We will further seek a
balance between immediate capture and recording of efficiency improvements
and longer term, permanent changes in stocking, specification, purchasing and
installation of efficient products and systems.
b. Market Strategy
Our new, integrated approach to this market will enable us to build upon the
successes we have had in the previously differentiated equipment replacement
and retrofit markets, thereby developing a stronger, more consistent mechanism
for capturing equipment replacement savings and leveraging retrofit projects in
existing buildings. Internally, we will continue to record and report custom
measures under either market opportunity or retrofit tracks.
We plan to continue to rely on and enhance the primary strategies we have in
place: Aggressive outreach and education of strategic partners (i.e.
manufacturers, vendors, and contractors), direct communication with end users,
provision of technical assistance and financial incentives, and coordination and
participation in regional and national initiatives. In addition, we expect to greatly
enhance our ability to support and educate interested business owners –
particularly small business owners - with the expansion of telephone-based
technical resource services.
Many Vermont business owners recognize the economic benefits of energy
efficiency but find initial product and installation costs to be a barrier to action. To
eliminate this barrier, we will increasingly be working with businesses in 2003 to
identify and secure a range of financing options that will enable them to take
advantage of energy savings opportunities. We will continue the initial work
begun in collaboration with the DPS and the Vermont Economic Development
Authority to develop new lending and leasing instruments that will allow capital
constrained businesses to invest in energy efficiency while securing a positive
cash flow.
Efficiency Vermont also is developing Technical Briefs for targeted industry
sectors, the initial round of which will be completed and disseminated in 2003.
The Technical Briefs provide information on energy efficiency improvements that
2003 Annual Plan – Page 11
are typically most cost-effective for customers in selected industries. These
targeted sectors represent the largest industries in Vermont. We will use these
Technical Briefs to help customers take necessary steps toward making
efficiency upgrades, including linking them to the other market actors.
c. Specific Services and Incentives
1) Prescriptive Projects
Prescriptive Incentives provide a simple way for many business customers
to avail themselves of Efficiency Vermont’s services. Prescriptive
incentives increase participation among trade allies, as they find it easier
to deal with known incentive levels. While some new construction projects
and measures are eligible for prescriptive incentives, we view this
primarily as a tool for increasing our success in equipment replacement
interactions. Lighting, motor, and HVAC prescriptive incentives will
continue in 2003.
In 2003, Efficiency Vermont will review T-8 fluorescent and other lighting
equipment to determine baseline levels, market acceptance, and
incremental costs. For unitary HVAC equipment, we - along with other
sponsors of the NEEP Cool Choice initiative - , will eliminate incentives for
the Tier 1 efficiency level in 2003. . This is based on widespread
acceptance of Tier 1 equipment, the fact that most states in the region
now require Tier 1 or higher efficiency in their codes (including Maine,
New York, Massachusetts, and New Jersey), and that ENERGY STAR has
adopted minimum levels generally consistent with Tier 2.
Efficiency Vermont will continue to work toward increased market
acceptance of LED traffic signals and Vending Machine Controllers. We
plan to conduct strategic outreach to appropriate market players, to
familiarize them with these technologies and with our services. Planned
efforts include:



statewide promotion of LED traffic signals to municipalities, through
direct mail and work with the Vermont League of Cities and Towns;
visits to beverage distributors, to increase upstream acceptance of
vending misers and the early adoption of new high efficiency vending
machine equipment;
the development of partnerships with distributors, to promote vending
machine controls and efficient machines, which are now available.
Efficiency Vermont is working to develop a standardized approach to small
commercial refrigeration, which may include prescriptive incentives.
Measures being considered range from fresh air economizers to zero
energy doors on refrigerated reach-ins. This delivery improvement will
2003 Annual Plan – Page 12
reduce the amount of repetitive analysis required for these measures and
will increase trade ally participation by clarifying incentive levels.
We plan to also be considering establishing a standardized, and possibly
prescriptive, approach for high-efficiency commercial washing machines
and residential refrigerators used in multi-family housing and in some
small commercial facilities.
2) Custom Projects
While prescriptive incentives accommodate a high volume of participants,
the majority of the savings garnered from existing buildings are expected
to continue to come from custom projects. Custom projects allow
Efficiency Vermont to work with customers and trade allies to identify
opportunities for interactive efficiencies and to explore a broader range of
projects and options that can lead, over time, to more comprehensive
facility upgrades.
A continued major focus in 2003 will be the existing facilities of Vermont’s
largest electric customers. In addition to our continued, one-on-one direct
business development outreach to these customers, we expect that our
increased partnerships with the trade allies that serve these customers will
result in greater market opportunity and retrofit activity. While we will
continue to promote all cost-effective custom efficiency measures, we also
will focus our efforts to increase the appropriate use of variable frequency
drives (VFD) in process and HVAC fan and pump applications.
We plan to continue to maintain a strong technical assistance servicebased delivery approach for market-driven and retrofit dairy farm projects.
We have increased prescriptive incentives and adopted a more custom
approach in order to increase installation of vacuum pump VFDs. In
addition, we will continue to evaluate the effectiveness of High Volume
Low Speed (HVLS) ventilation fans.
Cost-effective fuel-switching projects, with their high electricity-savings
potential, will continue to be a focus of our affordable multi-family new and
existing housing market services. We plan to continue to work with trade
allies to collaborate on these projects.
4. Residential Energy Services Overview
Efficiency Vermont’s residential services will continue to utilize consumer
marketing, education and financial incentives to secure cost-effective energy
savings in this sector. We plan to both maintain and enhance the services
provided through the “core programs” of our original contract, i.e. Energy Efficient
2003 Annual Plan – Page 13
Products, Residential New Construction, Low-Income Single Family and
Residential Emerging Markets. However, rather than delivering services within a
pre-defined program, we will focus on the needs of residential customers within
the following market segments: Retail Efficient Products, Residential New
Construction, Existing Homes, and Residential Emerging Markets.
Our overarching aim will be to increase the opportunities for residential
customers to improve the energy efficiency of their homes and to reduce the
barriers that consumers face when making energy-related purchase decisions.
Toward this end, we plan to continue to:


leverage the national ENERGY STAR brand as a way to increase customer
awareness of energy efficient products, homes and services and as a way to
extend Efficiency Vermont’s resources to benefit from the regional and
national ENERGY STAR promotions;
work cooperatively with the organizations throughout the state that deliver the
Weatherization Assistance Program, to improve the comprehensiveness and
effectiveness of the energy services delivered to Vermont’s low-income
customers.
In addition, we will undertake initiatives to enhance our scope of services,
improve the efficiency of our delivery, and evaluate new technologies and
program designs for opportunities to expand and improve our services to the
residential market segments.
5. Retail Efficient Products
a. Market Objectives
Our overall objective in this market will be to reduce barriers, encourage and
enable customers to buy energy efficient products, more frequently and for more
applications. Leveraging the national ENERGY STAR brand will not only increase
customer awareness of energy efficient products and support their confidence in
the effectiveness of energy efficient products; it will also increase both retail and
wholesale purchases of efficient products.
We expect that this process will sufficiently transform markets and buying habits
to enable an eventual shift, in years ahead, away from incentive-based efficient
product services. We therefore anticipate that the benefits of our efforts will
expand beyond energy savings, to include improved products, expanded product
lines, greater product availability, and better-informed consumers who are
motivated to demand and choose energy-efficient products.
2003 Annual Plan – Page 14
b. Market Strategy
Our efforts to increase consumer awareness and to reduce purchase barriers will
include:
 strengthening and expanding our relationships with retail and wholesale
vendors of energy efficient products;
 promotion of all ENERGY STAR labeled products to increase consumer
recognition of and confidence in energy efficient products;
 continued financial incentives for selected ENERGY STAR labeled products;
 participation in and support for regional and national initiatives that have an
impact on manufacturers’ product design decisions and upon retail chain
purchasing and promotion of ENERGY STAR labeled products.
c. Core Services
1) Vendor Support
We plan to provide marketing support for vendors of energy efficient
products. This support is expected to take the form of consumer rebates,
point-of-purchase consumer information, financial support for cooperative
advertising and training for retail sales personnel. In addition, Efficiency
Vermont plans to provide financial incentives to targeted vendors and
manufacturers to increase the availability of specific energy efficient
products.
2) Financial Incentives
We will continue to provide financial incentives to customers for the
purchase of ENERGY STAR labeled bulbs, fixtures, and clothes washers,
with seasonal promotions of air conditioners, ceiling fans and refrigerators.
The dollar amount of these incentives may be adjusted during the year to
reflect changing market conditions such as product availability and retailer
pricing.
3) Expanded Product Focus
We plan to expand our support to include a broader range of ENERGY STAR
labeled products and to help introduce newly labeled products. If, for
example, an anticipated introduction of ENERGY STAR labeled freezers
occurs in 2003, we may create an introductory incentive to increase
consumer awareness and to encourage retailers to stock these products.
In addition, we plan to increase promotion of other ENERGY STAR labeled
products, such as TV’s, audio and electronic products. Although the result
of these efforts are not expected to produce large energy savings, our
2003 Annual Plan – Page 15
promotions are expected to increase consumer awareness of energy
efficiency and the ENERGY STAR label, and to support retailers and
manufacturers in actions that will result in greater market transformation.
4) Industry Initiatives
During 2002, Efficiency Vermont participated in a number of regional
incentive and rebate initiatives targeting manufacturers, distributors and
regional and national retail chains. In 2003, we plan to work with industry
partners to expand the number and variety of these initiatives.
6. Residential New Construction
a. Market Objectives
Our overall objectives in the new construction market will be to increase the
demand for Vermont ENERGY STAR Homes, and to increase the capacity of the
residential construction market in Vermont to produce these homes.
b. Market Strategy
2003 will mark the expansion of residential new construction services to include
all Vermont electric ratepayers with a uniform, statewide service offering, now
including members of the Washington Electric Cooperative (WEC).
We plan to continue to provide technical assistance and financial incentives to
builders, buyers and/or developers, as outlined below.
c. Core Services
Our core services to the residential new construction market will be:






Market support for builders and developers, to increase the demand for
Vermont ENERGY STAR Homes.
Technical assistance to builders and buyers in the form of plan reviews to
identify opportunities for efficiency improvements.
Final inspection, performance testing and energy rating of homes to verify
building performance.
Installation of compact fluorescent light bulbs and water conservation
products, as needed.
Support for builders, to help with code compliance.
Continued financial incentives for energy efficient construction, the installation
of energy efficient lighting and ENERGY STAR labeled appliances. Expanded
financial incentives for VGS service territory projects, to include thermal
performance, energy efficient construction and heating equipment.
2003 Annual Plan – Page 16

Continued prescriptive incentives for single-family new construction.
7. Existing Homes
a. Market Objectives
Existing Homes is a new market designation for Efficiency Vermont services that
provide education and services to help Vermonters reduce the use of energy in
their homes. This is a logical combination of current Customer Service, LowIncome Single Family, Targeted High Use and Weatherization Assistance
Program services that target existing Vermont residential homeowners and
renters.
b. Market Strategy
In 2003, strategies for owners and renters of existing homes will include:
1) Low-Income Services
As we continue the coordination of electric efficiency services with the
agencies that deliver the Weatherization Assistance Program to eligible
customers, we plan to pursue opportunities to increase savings per
participant and to improve the efficiency of service delivery.
2) High Use Households
We will aim to reach and educate a greater number of residential
customers with relatively high electric consumption. Through these efforts,
we expect to help an increasing number of Vermonters to identify and pay
for cost-effective energy efficiency improvements in their homes.
c. Core Services
1) Customer Service
We serve as an expert resource – by phone and e-mail – to ratepayers
with a range of energy efficiency questions. Because the most frequent
residential inquiry is about the causes of high bills, we provide tools to
help analyze electrical usage. Those tools include simple, plug-in energy
consumption meters (a loan service), a home energy use survey with
telephone technical assistance, and a computer CD (or on-line software)
that enables residents to conduct their own home energy audits. In 2003,
we plan to expand on these services, both in quantity (to respond to
growing consumer demand) and quality. One aspect of this enhancement
will be the development and provision of improved printed information
2003 Annual Plan – Page 17
materials (lists of energy tips, fact sheets, etc.) for residential consumers.
Another will be an expansion of the technical resources available, by
telephone, to ratepayers.
2) Low-Income Services
Working in partnership with the state’s weatherization agencies, we plan
to continue to provide electricity-savings measures to low-income
households, primarily through integrated delivery of services to recipients
of Weatherization Assistance Program services. These services include
technical assistance, and financial assistance to qualifying homeowners,
renters or rental property owners for:



recommended lights and fixtures;
the cost-effective replacement of refrigerators with ENERGY STAR
models;
Cost-effective conversion of electric water heaters and electric space
heating equipment.
3) High Use Households
Services to qualifying homes with high bill histories will consist of:
 energy audits to identify and evaluate cost effective opportunities;
 financial incentives to motivate customers to undertake the installation
of efficiency measures;
 direct installation of energy efficient lighting and water conservation
products, when appropriate;
 contract management services to facilitate the installation of these
measures.
B. SPECIFIC INTIATIVES
1. Cross-Sector Initiatives
a. Multifamily
Building on our success in the subsidized low-income market, we plan to
continue to collaborate with our partners, including Housing Vermont, the
weatherization agencies, local non-profit developers and Public Housing
Authorities (PHAs). The aim of these partnerships is to ensure that subsidized
affordable housing in Vermont receives a high level of attention, resulting in
energy affordability, housing durability and occupant comfort. Our direct outreach
to PHAs, initiated under our current contract, will be continued in 2003.
2003 Annual Plan – Page 18
Through our outreach to non-subsidized affordable housing markets, we have
identified some unique barriers and opportunities. As a result, we will work to
clarify and simplify services for multifamily rental property owners, regardless of
rental unit quantities. We will work to improve procedures for weatherization
income qualification for residents in non-subsidized housing.
b. Ski Areas
As we organizationally shift from a program- to a market-focus, the need for
coordinated outreach and services to markets that span residential and business
sectors is essential. In 2003 we will be using a team approach to
comprehensively address the specific needs of Vermont ski areas, where both
business and residential opportunities and services need to be considered.
Efficiency Vermont will continue to develop relationships and implement projects
with ski areas across the state. We plan to coordinate our ski area activities to
ensure quality customer service and streamlined efforts. We will also continue
our work with the Vermont Ski and Snowboard Association (VSSA) to increase
our understanding of the market and to raise industry awareness of our services.
In particular, we will stress the long-term cost savings benefits of energy
efficiency improvements and the value of Efficiency Vermont technical
assistance, process improvements, and financial incentives.
c. Regional and National Activities
Efficiency Vermont plans to continue to work cooperatively and to be a
participant in both regional and national initiatives and organizations. This
includes participation with Northeast Energy Efficiency Partnerships (NEEP),
Consortium for Energy Efficiency (CEE), Residential Energy Services Network
(RESNET), New Buildings Institute (NBI), and Affordable Comfort, in order to
take advantage of the economies of scale, when available, and to improve the
effectiveness of our services.
Efficiency Vermont plans to continue to participate in at least six of the regional
initiatives sponsored by NEEP: MotorUp, Cool Choice, Design Lights Consortium
(DLC), Lighting, Appliances, and Building Codes, thereby leveraging regional
resources as we endeavor to change market practices.
To increase support and promotion of efficiency opportunities and to strengthen
trade ally relationships, Efficiency Vermont plans to undertake motor and HVAC
vendor outreach formerly conducted by NEEP representatives. In prior years,
these representatives traveled a significant distance to visit Vermont vendors on,
at best, an annual basis. This established a tenuous link between Efficiency
Vermont and these key allies clearly identified in the May draft C&I evaluation
study conducted by the DPS. In order to increase awareness and foster more
participation by motor and mechanical equipment vendors, and in response to
2003 Annual Plan – Page 19
findings from the DPS study, Business Development Specialists from Efficiency
Vermont will replace the contractors in field delivery.
We are investigating the use of the Environmental Protection Agency’s ENERGY
STAR Buildings classification. If undertaken, this project would take several years,
as the ENERGY STAR rating is based on actual performance of buildings, as
opposed to modeled performance. Data would be gathered on selected projects
over a period of two years after construction, to determine the usefulness of the
program.
Efficiency Vermont is participating actively with the New Buildings Institute in the
development of the Advanced Building Guidelines that will serve as a strong
resource to guide the design and construction of buildings that exceed energy
conservation code requirements.
d. Strategic Partners
A significant focus in 2003 will be our continuing effort to develop and strengthen
relationships with key agencies, industries and associations throughout the state.
We will be enhancing our Information Technology systems to share and track
information among the Efficiency Vermont staff that interacts with these Strategic
Partners. Additionally we will work as a cross sector team to coordinate our
outreach and services to provide more consistency and clarity for our partners.
To inform and support our strategic partners, we will develop and distribute case
studies of successful energy efficient equipment, systems, design, and
construction projects. In addition to focusing on Vermont-specific projects, we will
develop a library of relevant research from institutions such as Rensselaer
Polytechnic Institute Lighting Research Center and the Office of Industrial
Technology.
A key component in the success of this effort will be effective distribution of
information. Our efforts will focus on delivering relevant case studies to
individuals in decision-making roles and upon strategic informational and
organization links on our website.
In 2003, our efforts will focus on maintaining and building ties with:
 Trade Allies such as electrical, mechanical and refrigeration contractors, lighting
and equipment vendors, retailers and manufacturers. Our initial focus will be
on motor suppliers and HVAC/refrigeration equipment vendors and installers.
Through on-site and telephone surveys, we will become more familiar with the
energy efficiency products and services that they offer and with their target
client base. With this information, we will develop strategies to expand
participation, increase stocking and promotion of efficient equipment, and to
link customers with appropriate vendors. We expect that this process will
2003 Annual Plan – Page 20
result in a measurable increase in the sales and installation of energy efficient
equipment. We believe that this approach has the potential to be a key
strategy to capture the lost opportunity equipment replacement market and all
opportunities among small customers. The initial experience gained from
working closely with the motor and HVAC/ refrigeration market is expected to
prepare us to expand efforts to electrical contractors and equipment
distributors/suppliers later in the year.
 Trade allies who serve Vermont’s largest electric customers, as described in
section 3.c.2) of this Plan. Because many of these trade allies also work with
smaller customers, this will - in turn - lead to greater and sustainable activity
among smaller, lower-profile projects.
 Design professionals, including architects, engineers, construction specifiers,
interior designers, and lighting designers. Input from the Roundtable at the
Building Solutions 2002 Conference and direct experience working with
decision-makers make it clear that additional information tools are needed to
support wider adoption of efficient practices. Efficiency Vermont plans to
continue to work closely with local chapters of the American Institute of
Architects (AIA), the American Society of Heating, Refrigerating, and AirConditioning Engineers (ASHRAE), and the Construction Specification
Institute (CSI), as well as directly with leading professionals, to aid market
transformation by strengthening relationships with design professionals. This
work includes participation at various chapter meetings, presentations to local
firms, feedback on potential speakers and technical sessions for the annual
building conference, an annual design competition, and co-sponsoring training
and educational opportunities such as case studies and site visits. This work
also ties-into our comprehensive design assistance services, which help build
capability among design professionals for modeling and understanding
interactive effects.
 Local and statewide associations for trades or customer groups, such as The
Northern and Southern Homebuilders Association, The Vermont Ski Area
Association, local and statewide Chamber of Commerce groups and the
Vermont Wood Products Manufacturers;
 Agencies, including the Agriculture Department, the Department of Economic
Development and regional groups such as the Regional Economic
Development Corporations and Public Housing Authorities. In addition, we will
develop partnerships with agencies related to specific sub markets described
below, under Business Sector Initiatives.
e. Conference
Annually, Efficiency Vermont presents a comprehensive conference on high
performance residential and commercial new construction. The 2003 Better
Buildings by Design Conference will maintain and expand upon the success of
five previous Building Solutions conferences. This gathering of the top
construction and design professionals in the Northeast is looked to as a key
resource for information about the latest innovations in energy efficiency,
2003 Annual Plan – Page 21
superior building performance and indoor air quality. The event is expected to
draw more than 500 building and design professionals.
The 2003 conference will include nationally renowned speakers and workshop
leaders and 30+ presentations on building envelope, integrated design, lighting
and mechanical systems. Rather than featuring code under a separate track that
has drawn decreasing numbers of attendees in the past, the conference will
integrate code and guidelines into many of the technical sessions in the four
primary tracks. Featuring more than 40 exhibits of energy efficient products and
services, the event provides exceptional visibility for vendors and service
providers. We will host an evening reception for the first time, to provide our
Strategic Partners with vital networking opportunities with other professionals,
and with current and prospective clients who we encourage them to invite.
This year, we will expand our professional energy efficient design competition to
include students of engineering and architects in Vermont undergraduate
programs.
f.
Codes and Act 250 Technical Support
In 2003, Efficiency Vermont anticipates taking a larger role in providing technical
and training support regarding Vermont’s energy guidelines and codes for both
business and residential new construction. Previously, these efforts were lead
largely by the state, with considerable financial support from federal grant
funding. As Vermont seeks a more sustainable method to provide these
services, an increased, leadership role on the part of Efficiency Vermont is being
pursued. There is a synergistic benefit from incorporating code support and
delivery of Efficiency Vermont core services for new construction markets
described above. For example, training and education efforts with builders and
design professionals can be integrated to address not just minimum
requirements, but the rationales and technologies for going beyond minimums.
These efforts also will be integrated, as appropriate, across the residential and
business sectors.
g. Cross-Sector Products
To promote the benefits of energy-efficient computer use in homes and
businesses, we will continue our participation in the Environment Protection
Agency (EPA) “Sleep is Good” campaign begun in 2002. This campaign offers
free software designed to automatically put idle computers in the energy-saving
“sleep” mode. We have made the downloadable software available on our
website.
2003 Annual Plan – Page 22
2. Business Sector Initiatives
Three areas of the work defined under our initial contract and Annual Plans have
been integrated into what we now refer to as Business Initiatives. The
Commercial and Industrial Emerging Markets Program included numerous
initiative activities, which will be described in this section. In addition to Large
Customer Retrofit services, which are included under the Existing Buildings
section of this plan. We are also including here a set of diverse existing and new
activities. While these markets generally will be served within the basic new and
existing facilities market framework and operations, we plan to target efforts
toward overcoming barriers and capturing opportunities specific to these
particular markets.
a. Schools
The School Initiative focuses on understanding and overcoming the unique
barriers to the implementation of efficiency measures, in both new construction
and retrofit of school facilities. The goals of this initiative are to:
 ensure that new school design and construction are energy efficient, including
the use of daylighting when possible;
 assist schools in identifying and implementing energy efficiency
improvements;
 equitably distribute retrofit opportunities across the state;
 support implementation of Indoor Air Quality regulations through the use of
energy efficient ventilation systems.
 address the unique financial and institutional barriers to adoption of efficiency
in schools.
To develop an optimal market position and to define and address barriers,
Efficiency Vermont is working with the Vermont Department of Education (DoE),
the Vermont Superintendents Association (VSA) School Energy Management
Program (SEMP), Vermont School Boards Insurance Trust (VSBIT) local school
boards, school personnel, Vermont Energy Education Program, and design firms
specializing in school construction.
In 2003, Efficiency Vermont will coordinate and conduct a survey, in collaboration
with VSA and DoE, to collect data on the current conditions at the nearly 300
public K-12 schools across the state. No one currently collects this data, and
VSA and DoE strongly support this benchmarking activity. Efficiency Vermont will
evaluate the data collected to help us strategize our retrofit activities for school
facilities. We plan to continue to engage school administration, staff, and design
professionals through educational outreach opportunities, trade shows, and
targeted presentations. Efficiency Vermont will continue to evaluate the DoE’s biannual school construction forecast report to ensure that we are meaningfully
2003 Annual Plan – Page 23
involved in new school construction projects and implementing comprehensive
design assistance where possible.
Efficiency Vermont is engaged in discussions with DoE regarding the
requirement that schools perform “commissioning” to receive state construction
aid. Barriers to the successful implementation of this requirement include a lack
of awareness of the requirement by school boards and voters, a lack of common
understanding of what the requirement means, and the increased costs
associated with compliance, increasing the difficulty of obtaining voter approval
for school upgrades. Given the complexity of the problem and the extent of the
barriers, Efficiency Vermont will be collaborating with DoE and other players to
create a plan toward a common understanding of requirements, to develop
pricing guidelines so the work will be included in bond votes and to develop
training focusing on the objectives of a commissioning requirement.
b. Water and Wastewater
Efficiency Vermont plans to continue to pursue efficiency opportunities in
municipal, industrial, and private water and wastewater systems across the state,
both in new construction and retrofit activities. Water and wastewater facilities
are energy-intensive customers with large electrical pumping and aeration loads.
Efforts targeted to these facilities can yield large electrical savings, particularly
with the use VFDs. In addition, substantial fossil fuel and water resource savings
are often achievable as part of electrical efficiency strategies. For example, high
efficiency aeration systems reduce both electricity and water consumption.
Efficiency Vermont will continue to work with the Agency of Natural Resources,
Green Mountain Water Environment Association, Northeast Rural Water
Association, Vermont Technical College, trade allies, and design professionals
who specialize in water and wastewater facilities to engage and educate the
market, thereby encouraging adoption of energy efficient construction and
operations most cost-effective for Vermont facilities.
We will continue to monitor the newly formed Consortium for Energy Efficiency
(CEE) water and wastewater initiative. Depending on the potential benefits for
Vermont, we may participate more actively in this initiative.
In addition, we will promote energy efficiency educational opportunities for water
and wastewater operators and facility managers and we will participate in trade
shows, conferences, and training opportunities.
c. Farms
We plan to continue our successful direct outreach to farmers and the farm
community in 2003. We anticipate continued use of the Dairy Farm prescriptive
incentive form for existing farms. As mentioned above, this form has recently
2003 Annual Plan – Page 24
undergone adjustments to incentives and eligibility criteria to better capture high
participation and to reduce freeridership. As with all our prescriptive incentives,
we will continue to monitor these levels and criteria and to adjust them, as
appropriate, based on changing baselines, efficiency opportunities and costs.
Investigation of energy efficiency gains associated with the use of high-volume,
low-speed fans will continue.
d. Large Commercial Customers
Large customers present both opportunities and unique challenges. Because of
their size, the savings opportunities are significant, but size often adds
complexity to the decision making process and can increase the barriers to
adoption of efficiency. In addition, because these customers are often business
leaders who use leading design professionals and trade allies, their early
adoption of efficiency strategies offers market transformation benefits. We will
continue to work with these customers to identify, develop and implement
projects and to help them overcome some of the barriers to adoption of energy
efficiency.
Efforts will continue with customers we have identified as the “Top 100” - which
actually numbers closer to 250 large commercial customers, with targeted
facilities in each utility area. This group of customers includes manufacturers, ski
areas, large commercial establishments, institutions and municipal facilities.
e. Large Industrial Customers
Efficiency Vermont’s work with large industrial customers ranges from assisting
in facilities and process expansions for growing companies and cost-cutting work
with companies facing serious capital constraints. The addition of VFDs on
process motors and lighting upgrades continue to offer some of the best
opportunities for cost cutting, while plant upgrades or expansions present
opportunities for comprehensive pursuit of energy efficiency.
We are developing a model for presenting cost reduction projects with positive
cash flow financing and analysis of internal rate of return. An analysis of the
customer payment on the efficiency charge relative to the savings from a planned
upgrade is included in this presentation.
The Customer Credit Program will continue to be delivered to the current single
participant. Efficiency Vermont plans to continue to use the current criteria for
inclusion in the program. This specifies that a customer have no prior
participation in Vermont Demand Side Management programs. It also specifies
that a customer have membership in ClimateWise, with a listing on the EPA’s
ENERGY STAR Business Page as meeting the ClimateWise membership
requirement. As ClimateWise is no longer active, should additional customers
seek participation in the program, these criteria will need to be reexamined.
2003 Annual Plan – Page 25
f. State Buildings and General Services
In 2003, Efficiency Vermont will pursue full implementation of an agreement with
the state’s Buildings and General Services (BGS) division to initiate our
involvement early in the "Design Development Phase" for state building
renovation and new construction projects. We intend project meetings to be held
early in the design process, so that Efficiency Vermont and the BGS team can
discuss objectives and solutions for energy efficiency and related design
elements in planned projects.
In addition, we plan to work with the state to develop a plan for identifying and
improving existing buildings that are poor energy performers. Other goals include
developing a baseline and streamlining the process for smaller projects, such as
lighting upgrades, HVAC upgrades, and appliance/equipment upgrades and
replacements. We also work with the Purchasing and Contract Administration
group to promote the benefits and use of energy efficient products and to
increase awareness of our services.
We are working with BGS to develop a performance-based financing mechanism
for efficiency upgrades at the Bennington State Office Building to enable the
project to proceed with the comprehensive efficiency measures sought by both
the state and Efficiency Vermont.
Additionally, we will continue outreach to state agencies that build and maintain
state-owned buildings. These agencies include Vermont Building and General
Services, Department of Corrections and Vermont Department of Transportation.
3. Residential Sector Initiatives
Efficiency Vermont aims to evaluate and introduce new technology and initiatives
for this market segment on a pilot basis. If these approaches prove effective, we
will evaluate their potential for increased savings and will then expand services,
as warranted.
a. New Technologies
Our overall strategy is to identify opportunities and/or technologies that warrant
evaluation and development. We will explore selected opportunities and/or
technologies, through field tests/demonstrations, and we’ll participate in regional
and national efforts to influence manufacturers’ product designs. Our
participation will include financial support for the purchase, installation and
testing of new or improved energy efficient technologies.
2003 Annual Plan – Page 26
b. Home Performance Contracting
In an effort to increase market demand, contractor capacity and increased
savings in the residential retrofit market, we plan to pursue a new initiative using
the “home performance contracting” model. This model focuses on marketing
“home performance” to homeowners and developing a network of trained and
certified contractors. Initial results from early implementation of this model in New
York suggest it is worth consideration in Vermont. Efficiency Vermont might
provide:

marketing support for contractors, to increase customers’ awareness of
comprehensive home performance services and their value;
 contractor training and certification;
 financial support for training, tools, equipment and/or to generate initial jobs.
c. Furnace Fans
To encourage the installation of furnaces with energy efficient fans - in homes
with forced air systems - we will be pursuing a number of options, including
financial support for a pilot offering of incentives to new home builders/ buyers
and customers replacing forced air heating systems to purchase equipment that
utilizes energy efficient fans.
d. Lighting Showrooms
In addition to consumer incentives, we plan to provide financial incentives to
retail and wholesale outlets for residential lighting fixtures. The goal of this
incentive approach is twofold: If lighting showrooms provide a greater selection of
ENERGY STAR labeled fixtures, consumers purchases will increase, and
manufacturers will have more motivation to produce higher amounts of energy
efficient fixtures.
Efficiency Vermont does not anticipate making major modifications to our current
services and incentives for the single-family new construction market. It is
anticipated, however, that the lighting showroom initiative will benefit the
residential new construction market by increasing the availability and selection of
energy efficient lighting fixtures for builders and buyers.
We also plan to expand our outreach efforts to the trade allies who support the
residential new construction market, i.e. electricians, plumbers, HVAC
contractors, etc. By expanding our contact with, and education of, these trade
allies, we hope to increase their participation in the beneficial supply/demand
cycle for energy efficient products.
2003 Annual Plan – Page 27
e. Lighting Fixture Design Competition
In 2003, Efficiency Vermont plans to support an efficient lighting fixture design
competition sponsored though the Consortium for Energy Efficiency (CEE). It is
anticipated that this competition will encourage manufactures to introduce and
market new product designs and to increase the availability and selection of
energy efficient fixtures.
f. ENERGY STAR Buyer’s Card
Efficiency Vermont plans to also initiate a feasibility assessment for the
development of an ENERGY STAR buyer’s card that provides rewards for the
purchase of ENERGY STAR labeled products. This card has the potential to
increase consumer awareness of ENERGY STAR products, and to improve our
ability to capture both consumer information and the cumulative savings
associated with the sale of a critical mass of small-savings products.
2003 Annual Plan – Page 28
III.
Budget
These budgets are initial estimates only. They are the budgets that were
submitted as part of the current three-year Efficiency Vermont contract extension.
These budgets will be further revised after the 2003 Energy Efficiency Charge
and the 2002 carryover amount are finalized.
ESTIMATED BUDGET
For the Period January 1, 2003 through December 31, 2005
Estimate for
Year 2003
Estimate for
Year 2004
Estimate for
Year 2005
$7,591,006
$5,269,212
$8,024,291
$5,583,928
$8,259,598
$5,838,631
$23,874,895
$16,691,771
$12,860,218
$13,608,218
$14,098,229
$40,566,666
$137,799
$399,685
$537,484
$143,311
$414,482
$557,793
$149,044
$429,874
$578,918
$430,154
$1,244,041
$1,674,195
$194,267
$205,407
$212,819
$612,492
Sub-Total Prior to PerformanceBased Fee $13,591,969
$14,371,419
$14,889,966
$42,853,353
$410,000
$410,000
$460,000
$1,280,000
TOTAL ESTIMATED COSTS
INCLUDING PERFORMANCEBASED FEE $14,001,969
$14,781,419
$15,349,966
$44,133,353
Services and Initiatives
Business Sector
Residential Sector
Total Services and Initiatives
Supporting Services
Administration
Information Technology
Total Supporting Services
Operations Fee
Performance-Based Fee
2003 Annual Plan – Page 29
Three-Year
Budget