Energy Efficiency Program Benefits in Ohio

On behalf of the American Council for an Energy-Efficient Economy (ACEEE), Synapse calculated the cost savings associated with the continuation of Ohio’s Energy Efficiency Resource Standard (EERS). First, Synapse projected the wholesale energy and capacity prices in Ohio’s region of the PJM to establish a reference case and to enable ACEEE to calculate the costs Ohio customers would avoid directly through the reductions in annual energy and peak demand required under the EERS. Synapse then projected the extent to which those wholesale energy and capacity prices would be higher in the absence of the reductions in annual energy and peak demand under the EERS. This projection allowed ACEEE to calculate the indirect wholesale electric energy and capacity costs Ohio would avoid through the reductions in annual energy and peak demand under its EERS. To view the report, visit: http://www.aceee.org/research-report/e138.