Current New Hampshire Cost-Effectiveness Test

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Presentation transcript:

Current New Hampshire Cost-Effectiveness Test New Hampshire Benefit/Cost Working Group March 13, 2019 Tim Woolf www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

NSPM Discussion Overview of study First task: review of NH EE cost-effectiveness policies Introduce policy table Request stakeholder inputs prior to next BC WG meeting Description of other tasks Timeline of meetings and Synapse tasks Overview of the report Next meeting Agenda Seeking comments in advance www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Policy Example State Energy Strategy (RSA 4-E:1, II): The strategy shall include a review of all state policies related to energy, including the issues in paragraph I, and recommendations for policy changes and priorities necessary to ensure the reliability, safety, fuel diversity, and affordability of New Hampshire's energy sources, while protecting natural, historic, and aesthetic resources and encouraging local and renewable energy resources. The strategy shall also include consideration of the extent to which demand-side measures including efficiency, conservation, demand response, and load management can cost-effectively meet the state's energy needs, and proposals to increase the use of such demand resources to reduce energy costs and increase economic benefits to the state. www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Timeline of meetings and Synapse tasks www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Current Cost-Effectiveness Test and Application www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Current Utility System Costs www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Current Utility System Benefits www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Non-Utility System Impacts www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.

Non-Utility System Impacts (continued) www.synapse-energy.com | ©2019 Synapse Energy Economics Inc. All rights reserved.