Jonathan A. Aldrich
966A Mail drop
1000 River Street
Essex Junction, VT 05452
May 17, 2006
Via e-mail
Susan M. Hudson, Clerk
Vermont Public Service Board
Chittenden Bank Building, Fourth Floor
112 State Street, Drawer 20
Montpelier, Vermont 05620
Re: Act 61 EEU Budget Review and Comments
Dear Ms. Hudson:
This letter presents the comments of International Business Machine Corporation (IBM) on the data
submitted to date on the task of setting the budget for the Energy Efficiency Utility.
We recommend that the EEU budget for 2006, 2007 and 2008 should remain at its current level of
$17.5M for the reasons stated in our letter dated May 3, 2006 same subject.
Several parties questioned the data and the avoided cost approach. We also recommend that a workshop be
scheduled to discuss avoided costs. We recommend that the Board make the EEU budget and avoided cost
decisions jointly.
The following are suggested Public Service Board policy directions for the EEU:
1. The Board should instruct the EEU to return 100% of the contributed dollars to the customers
that participate in the C and I Customer Credit Program. Returning 100%, rather than 70%, of the
dollars will maximize the benefit of the current funds that are spent directly on energy conservation
projects.
2. The Board should direct the EEU to develop alternative methods to fund energy conservation
projects. Programs that utilize shared savings and or performance contracting could help
commercial and industrial customers fund additional energy conservation projects without
burdening other rate payers.
3. The Board should appoint a special committee to evaluate the EEU business process with an eye
toward ensuring that the energy savings results are maximized and optimized.
Thank you for this opportunity to present our comments.
Sincerely,
Jonathan Aldrich
Energy Manager