{"id":4465,"date":"2010-01-29T19:11:44","date_gmt":"2010-01-30T00:11:44","guid":{"rendered":"https:\/\/www.capelightcompact.org\/press-release\/02-03-10-cape-light-compact-three%e2%80%90year-energy-efficiency-plan-approved\/"},"modified":"2010-01-29T19:11:44","modified_gmt":"2010-01-30T00:11:44","slug":"02-03-10-cape-light-compact-three%e2%80%90year-energy-efficiency-plan-approved","status":"publish","type":"press-release","link":"https:\/\/www.capelightcompact.org\/es\/press-release\/02-03-10-cape-light-compact-three%e2%80%90year-energy-efficiency-plan-approved\/","title":{"rendered":"01-29-10 Cape Light Compact Three\u2010Year Energy Efficiency Plan Approved"},"content":{"rendered":"

Cape Light Compact Three\u2010Year Energy Efficiency Plan Approved <\/strong><\/p>\n

Cape Light Compact customers to benefit from enhanced and expanded programs and incentives being offered statewide<\/em><\/strong><\/p>\n

Barnstable, MA, February 3, 2010 – Cape Light Compact and Massachusetts\u2019 gas and electric utility program administrators received approval for their 2010\u20102012 three\u2010year energy efficiency plan to deliver energy efficiency services to MA residents and businesses from the Department of Public Utilities on January 29, 2010. Approval of this historic plan signals a new era of delivering integrated, effective and measurable savings through energy efficiency programs to citizens, while addressing the challenges of climate change and fostering job growth and economic output within the state.<\/p>\n

Types of programs and services offered under the plan include improved energy assessments of ratepayers\u2019 homes and businesses, and incentives for purchase and installation of high efficiency lighting, appliances, heating and air conditioning, insulation and air sealing.<\/p>\n

Specifically, Cape Light Compact customers will benefit more significantly from deeper and broader programs and incentives being offered throughout the state. The Compact\u2019s small business retrofit and new construction customers will receive a cost incentive of 80% up to $150,000 \u2010 up from the previous cap of $75,000 \u2010 to fund their approved <\/span>projects. The Compact will also continue to provide 100% tuition reimbursement for the Building Operators Certification (BOC) program for municipal employees.<\/p>\n

Residential customers will benefit from an exclusive Cape Light Compact rebate on energy efficient dehumidifiers (with turn\u2010in of inefficient unit at the Cape Cod Life\/Cape Light Compact Seaside Living Expo <\/span>at the Hyannis Youth & Community Center on May 1\u20102, 2010) plus additional savings through the upcoming Commonwealth of Massachusetts’ appliance rebate program<\/span>, tentatively scheduled to launch in March 2010, that will help residents replace older, inefficient refrigerators, freezers, clothes washers and dishwashers with new, ENERGY STAR\u00ae qualified and ultra\u2010efficient models. Cape Light Compact will also roll out custom pilot programs including a Deep Energy Retrofit designed to provide a 50% or higher energy reduction compared to baseline energy use, and home automation control units designed to help second homeowners monitor energy use remotely.<\/p>\n

Cape Light Compact\u2019s Energy Education Program earned additional allocations for workforce training and development and expansion of the National Education Energy Development (NEED) project curriculum to more grade levels.<\/p>\n

Funded over three years with $1.7 billion from distribution charges on electricity bills, the proceeds of Regional Greenhouse Gas Initiative allowance auctions, customer contributions, and third\u2010party capital, the electric energy efficiency plans are expected to yield energy savings of nearly $5 billion, rocketing Massachusetts to the front of the national pack in terms of per capita savings through energy efficiency.<\/p>\n

Cape Light Compact was singled out in the plan as the only energy provider statewide that identified two outside funding sources to reduce ratepayer contribution <\/span>to the energy efficiency program fund.<\/strong><\/div>\n
\u00a0<\/strong><\/div>\n
\u00a0<\/strong><\/div>\n

\u00a0<\/strong><\/p>\n

 <\/p>\n

\u00abThis is a very impressive investment plan and the Compact will remain committed to bringing new and innovative program offerings and unprecedented savings to our customers over the next three years,\u00bb said Bob Mahoney, Chairman of Cape Light Compact.<\/p>\n

Statewide Plan Highlights<\/strong><\/em><\/div>\n
\u00a0<\/em><\/div>\n
\u00a0<\/em><\/div>\n

\u00a0<\/em><\/p>\n

 <\/p>\n

On the electric side, the plan sets an energy savings target of 2.4 percent of electricity sales in 2012, which would reverse the overall electricity usage trend from growing roughly 1 percent per year to declining 1.4 percent per year. Previous electric utility energy efficiency programs have produced savings of 0.8 percent to 0.9 percent annually. Energy efficiency investments to reach the 2012 target will save approximately 2,600 gigawatt\u2010hours of electricity \u2013 enough to power more than 350,000 households, or 15 percent of the utilities\u2019 residential customers, for one year. With electricity savings of 2.4 percent per year going forward, Massachusetts would meet nearly 30 percent of its electricity needs through improved energy efficiency, rather than additional power generation, by 2020. The plan also calls for the creation of 4,000 jobs in the clean energy sector in the Commonwealth.<\/p>\n

The Compact\u2019s estimated contributions to the statewide goals include:<\/strong><\/p>\n