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Section 2. Energy Efficiency Performance Standard. (A) Performance Standard (1) For each of calendar years 2011 through 2020, retail electric and natural gas distribution utilities shall implement energy efficiency programs that achieve electric and natural gas energy savings equivalent to the following applicable percentages: Year Electricity Incremental Savings Target % Electricity Cumulative Savings Target % Natural Gas Incremental Savings Target % Natural Gas Cumulative Savings Target % 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.25 0.25 0.25 0.5 0.75 0.25 0.5 0.75 1.5 0.5 1.0 2.5 0.5 1.5 1.0 3.5 0.75 2.25 0.25 1.25 4.75 0.75 3.0 1.0 4.0 1.0 5.0 1.0 6.0 1.0 7.0 1.0 8.0 1.0 9.0 1.0 10.0 1.0 11.0 1.0 12.0 1.0 1.25 6.0 1.5 1.5 1.5 7.5 9.0 10.5 1.75 12.25 1.75 14.0 2.0 2.0 2.0 16.0 18.0 20.00 (2) If a utility’s incremental energy savings in any year exceed the performance standard established in this section, those extra savings may be carried forward and credited to the next year's standard, subject to the following provisions: a) that the amount of those savings carried forward shall not exceed 1/3 of the next year's standard. b) that any such savings carried forward shall not be used toward claiming any utility incentive under Sections 7 or 8. c) however any such savings carried forward may be applied in the consideration of any penalties under Section 10. (3) Beginning in 2011, a retail electric distribution utility shall implement additional or expanded peak demand reduction programs that achieve incremental peak demand savings, beyond any peak demand reduction programs existing at the time of this legislation, equivalent to at least seventy-five hundredths of one percent (0.75%) of the baseline for peak demand savings. In 2020, the Commission shall make recommendations to the general assembly regarding future peak demand reduction targets. (B) A utility may promote new combined heat and power (CHP) installations as part of their programs to achieve the savings targets outlined in this section, provided that both of the following apply: (1) New CHP installations put into operation after the effective date of this legislation can qualify; (2) Savings from upgrades to existing CHP systems can qualify, counting only those savings above what was achieved with the prior system and that save energy relative to the supply-side alternative; and (3) Total claimed savings from such CHP installations can account for no more than twenty percent of the utility’s annual savings requirements (C) For the purposes of subsections (A)(1), (2), (3) and (4) of this section 9 applicablePDF Image | Energy Efficiency Resource Standards
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