Earth Day Announcement of New Energy Efficiency Goal

National Energy Efficiency Day - October 5

Earth Day Announcement of New Energy Efficiency Goal

On Earth day of this year, April 20, 2018, Governor Cuomo announced a new energy efficiency (EE) target in an effort to cut greenhouse gas emissions and combat climate change. The energy efficiency target, established in the New Efficiency: New York white paper, is 185 trillion British thermal units (TBtu) of cumulative annual site energy savings relative to forecasted energy consumption in 2025. This level of energy savings is equivalent to fueling and powering over 1.8 million New York homes by 2025. If achieved, the 2025 Energy Efficiency target will compensate for one-third of the 40% reduction in greenhouse gas emissions goal by 2030.
 
How will we reach this goal? Our Suggestions:
We at the Alliance for Clean Energy New York (ACE NY), fully support this target. The challenge we now face is reaching this goal. ACE NY and Advanced Energy Economy Institute (AEEI) filed Comments on New Efficiency: New York that detail our suggestions for NYSERDA to include in the Energy Efficiency Order that is to result from the New Efficiency: New York white paper.
 
We suggest a focus on utilities; giving them aggressive goals, strong incentives, and clear guidance on funding. The next step in reaching the Energy Efficiency goal is fully defining the Utility-leveraged portion of Accelerated Actions and providing guidance to utilities on actions they should be implementing to ramp up their EE savings.
 
We urge the Commission to issue an Energy Efficiency framework order focused on the Utility-Leveraged Accelerated Actions by the end of 2018 that allocates a portion of the Energy Efficiency target to each utility and explains how cost recovery will work in the short-term.
 
We request that this Order, while maintaining flexibility for utilities, compel them to apply a methodology to value energy efficiency as a resource and commence regular competitive procurement of energy efficiency. There needs to be a funding mechanism and price signal to invest in and capture the value of EE potential. Directives from the Commission to utilities that increase their EE targets, plus provide clarity regarding cost recovery, will jumpstart EE.
 
Finally the PSC must be bold and timely, because we simply do not have any more time to wait to leverage the sizeable EE opportunity and meet the Governor’s goals for EE, renewable energy, and carbon reductions for 2025.
 
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