New York Energy Efficiency Targets and Incentives
Synapse prepared testimony on energy efficiency targets and incentives on behalf of the Natural Resources Defense Council in the recent Con Edison rate case. The testimony addressed the need to develop electricity and gas efficiency savings targets that are consistent with the Commission's statewide targets as well as the state's carbon emission reduction goals. It also addressed the need to provide sufficient budget to allow the utilities to provide the efficiency services necessary to meet the targets. Synapse also recommended modifications to the utility's cost-effectiveness practices to be consistent with the Commission's recent order on Benefit-Cost Analyses and to ensure the implementation of all cost-effective efficiency resources. Finally, the testimony addressed the energy efficiency earning adjustment mechanisms (i.e., performance incentive mechanisms) to ensure that Con Edison has sufficient incentive to implement effective efficiency programs, but not overlapping or unduly excessive incentives.