DRAFT

Water Heater National Energy Impacts

Author: Virginie Letschert

Lawrence Berkeley National Laboratory

COLOR SCHEME

Extrapolation

Input from Engineering and LCC Analysis

WORKSHEET DESCRIPTION

National Impacts Summary Tables and Charts of Primary Energy Savings and economic Impacts for All Product Classes

Base Case Consumption Calculation of Base Case Primary Energy Consumption for all Product Classes

NIA GSWH Calculation of Primary Energy Savings and economic Impacts for Gas Storage Water Heater

NIA ESWH Calculation of Primary Energy Savings and economic Impacts for Electric Storage Water Heaters

NIA OSWH Calculation of Primary Energy Savings and economic Impacts for Oil Storage Water Heater

NIA GIWH Calculation of Primary Energy Savings and economic Impacts for Gas Instantaneous Water Heater

Shipments Forecast Forecast of Shipments for all Product Classes in the base case, and without fuel switching effects

Fuel Switching Shipments Forecast of Shipments for Product Classes affected by fuel switching

New Housing Market Shares Historical Data and Forecast of Market Shares in New Housing

New Housing Forecast Forecast of New Housing

Historical Market Shares Data Historical Heating Fuel and Equipment Data for New Homes

LCC Inputs Design Option Input Data: Associated Costs and Unit Energy Consumption

GSWH-Market Trends Forecast of Market-Weighted Energy Efficiency for Gas Storage Water Heaters

EWH-Market Trends Forecast of Market-Weighted Energy Efficiency for Electric Storage Water Heaters

Retirement Function Probability Function Determining Replacement of Equipment

Energy Prices and Site to Source Forecasts of Energy Prices and Site-Source Conversion Factors

Discount Factor Discount Factor Forecast

This sheet allows the user to select from a variety of parameters to define the scenario for which they wish to calcula

discount rate, the energy price scenario, the market penetration growth for Instantaneous Gas Water Heaters, the fue

rate.

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

y of parameters to define the scenario for which they wish to calculate the NES and NPV. Parameters include the national 

ket penetration growth for Instantaneous Gas Water Heaters, the fuel switching scenario, the base case efficiency growth 

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
National Impacts Analysis Spreadsheet Flow Chart

Historic Market 

LCC Inputs Shares Data

NIA - Product Class

Shipments Forecast

National 

Impacts 

Summary

Historical data and 

user input 

worksheets

NES model and 

accounting 

worksheets 

Data output and 

summary 

worksheets 

Shipments 

Summary

Fuel Prices and 

Site to Source

sheet Flow Chart

New Housing Retirement 

Forecast

New Housing 

Market Shares

hipments Forecast

Base Case 

Consumption



DRAFT High 2

Reference 1

Low 0.5

1

Discount Rate 7% Reference Case Constant Efficiency

Current Year 2010 Low Economic Growth Instantaneous Water Heater Fuel Switching ON Efficiency Growth Rate Low Rate of Efficiency Increase

Energy Price Scenario High Economic Growth Market Share Scenario OFF Moderate Rate of Efficiency Increase

1 High Rate of Efficiency Increase 1

Note: Based on the Australian Market, see TSD ch.10 3

2

Efficiency Levels by TSL Levels

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Criteria

Shipment 

Weighted

Average 

Efficiency Interim Level Interim Level Interim Level Interim Level Interim Level

Energy Star 

Compatible Max Tech

Gas Storage Water Heater 1 2 2 2 7 8 2 6

Electric Storage Water Heater 2 3 4 5 8 8 6 7

Oil Storage Water Heater 3 4 5 5 5 5 5 7

Gas Instantaneous Water Heater 4 4 4 4 4 4 4 8

Efficiency Levels (EF) by TSL Levels

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Criteria

Shipment 

Weighted 

Average 

Efficiency Interim Level Interim Level Interim Level Interim Level Interim Level

Energy Star 

Compatible Max Tech

Gas Storage Water Heater 0.62 0.63 0.63 0.63 0.62 0.62 0.63 0.77

Electric Storage Water Heater 0.92 0.93 0.94 0.95 1.07 1.07 2.00 2.35

Oil Storage Water Heater 0.58 0.60 0.62 0.62 0.62 0.62 0.62 0.68

Gas Instantaneous Water Heater 0.82 0.82 0.82 0.82 0.82 0.82 0.82 0.95

0

NES Summary Results by TSL Levels (quads)

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Gas Storage Water Heater 0.69 1.17 1.17 1.17 0.81 1.29 1.17 4.91

Electric Storage Water Heater 0.29 0.41 0.79 1.09 1.67 1.67 8.90 11.22

Oil Storage Water Heater 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.02

Gas Instantaneous Water Heater 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.58

Total 1.07 1.66 2.05 2.35 2.58 3.06 10.16 16.73

Discounted NES Summary Results by TSL Levels (quads)

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Gas Storage Water Heater 0.17 0.29 0.29 0.29 0.20 0.32 0.29 1.22

Electric Storage Water Heater 0.07 0.11 0.20 0.28 0.43 0.43 2.31 2.91

Oil Storage Water Heater 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01

Instantaneous Storage Water Heater 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.14

Total 0.27 0.42 0.52 0.60 0.66 0.78 2.63 4.28

NPV Incremental Total Installed Cost Results by TSL Levels

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Gas Storage Water Heater 2.56 5.02 5.02 5.02 3.34 5.82 5.02 31.11

Electric Storage Water Heater 1.12 1.46 3.14 4.79 7.30 7.30 46.28 52.59

Oil Storage Water Heater 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.04

Gas Instantaneous Water Heater 0.42 0.42 0.42 0.42 0.42 0.42 0.42 7.58

Total 4.11 6.91 8.59 10.24 11.06 13.55 51.73 91.32

NPV Total Operating (Energy+O&M) Costs Results by TSL Levels

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Gas Storage Water Heater 3.15 5.24 5.24 5.24 3.61 5.72 5.24 21.16

Electric Storage Water Heater 1.48 2.07 3.99 5.52 8.32 8.32 45.12 55.84

Oil Storage Water Heater 0.03 0.07 0.10 0.10 0.10 0.10 0.10 0.19

Gas Instantaneous Water Heater 0.42 0.42 0.42 0.42 0.42 0.42 0.42 2.56

Total 5.07 7.79 9.74 11.28 12.45 14.56 50.88 79.75

NPV Summary Results by TSL Levels ($ Billions)

TSL 1 TSL 2 TSL 3 TSL 4 TSL 5 TSL 6 TSL 7 TSL 8

Gas Storage Water Heater 0.59 0.22 0.22 0.22 0.27 -0.10 0.22 -9.95

Electric Storage Water Heater 0.35 0.61 0.85 0.73 1.03 1.03 -0.52 3.25

Oil Storage Water Heater 0.03 0.06 0.09 0.09 0.09 0.09 0.09 0.15

Gas Instantaneous Water Heater 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.02

Total 0.96 0.88 1.15 1.03 1.39 1.01 -0.22 -11.57

2.746809401

Gas Storage Water Heater

GSWH Efficiency Level

BASE EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

Design

Standing Pilot, 1” 

ins

Standing Pilot, 

1.5” ins

Standing Pilot, 

2” Ins

Electronic 

ignition, 1” ins, 

power vent

Electronic 

ignition, 1.5” ins, 

power vent

Electronic 

ignition, 2” ins, 

power vent

Condensing, 2” 

ins, power vent

EL1 & EL6 

Weighted

EL2 & EL6 

Weighted

Shipments 2015-2045 (Millions) 143.4 143.4 143.4 143.4 143.4 143.4 143.4 144.0 143.9

Incremental Equipment and O&M Costs ($ Billions) 7.85 15.84 57.87 60.97 70.64 103.40 10.74 18.84

Energy Cost Savings ($ Billions) 15.63 26.39 28.44 41.42 58.05 111.27 18.37 29.26

Discounted Incremental Equipment ($ Billions) 2.56 5.02 17.03 18.34 20.97 31.11 3.34 5.82

Discounted Operating Cost Savings (Energy and O&M) ($ Billions) 3.15 5.24 4.95 7.72 10.74 21.16 3.61 5.72

Net Savings, not discounted ($ Billions) 7.78 10.55 -29.43 -19.55 -12.59 7.88 7.63 10.42

Net Present Value ($ Billions) 0.59 0.22 -12.08 -10.62 -10.23 -9.95 0.27 -0.10

Site Savings 2015- 2045 (Quads) 0.64 1.09 1.39 1.91 2.58 4.72 0.75 1.21

Source Savings 2015- 2045 (Quads) 0.69 1.17 1.27 1.84 2.57 4.91 0.81 1.29

Present Value of Source Savings 2015- 2045 (Quads) 0.17 0.29 0.31 0.45 0.64 1.22 0.20 0.32

Electric Storage Water Heater

ESWH

BASE EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

National Impacts Summary

Efficiency Level

-20

-15

-10

-5

0

5

10

15

20

-10

-8

-6

-4

-2

0

2

4

6

8

10

EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

$Billions

Quads

National Impacts - Gas Storage Water Heater

Source Energy Savings (Quads)

Net Present Value (Billions)

30

40

15

20

National Impacts - Electric Storage Water Heater

Reference Case

Reference

ON Moderate Rate of Efficiency Increase

0900006480eb89bf.xlsx 7/18/2011
DRAFT Design

1.5" ins 

(BASELINE) 2" ins 2.25"ins 2.5" ins 3" ins 4" ins Heat Pump Water Heater

Heat Pump 

Water Heater

EL5 & EL6 

Weighted

Shipments 2015-2045 (Millions) 174.84 174.84 174.84 174.84 174.84 174.84 174.84 174.84 177.39

Incremental Equipment and O&M Costs ($ Billions) 1.63 3.54 4.62 10.04 15.37 155.54 177.37 24.17

Energy Cost Savings ($ Billions) 2.69 7.18 10.09 19.56 27.11 236.70 282.33 41.63

Discounted Incremental Equipment ($ Billions) 0.53 1.12 1.46 3.14 4.79 45.96 52.59 7.30

Discounted Operating Cost Savings (Energy and O&M) ($ Billions) 0.56 1.48 2.07 3.99 5.52 46.78 55.86 8.32

Net Savings, not discounted ($ Billions) 1.07 3.64 5.47 9.52 11.73 81.15 104.96 17.46

Net Present Value ($ Billions) 0.03 0.35 0.61 0.85 0.73 0.82 3.26 1.03

Site Savings 2015- 2045 (Quads) 0.06 0.15 0.21 0.40 0.56 4.75 5.68 0.84

Source Savings 2015- 2045 (Quads) 0.11 0.29 0.41 0.79 1.09 9.43 11.23 1.67

Present Value of Source Savings 2015- 2045 (Quads) 0.03 0.07 0.11 0.20 0.28 2.45 2.91 0.43

Results for EL 7

Considering Switching Quads Quads $Billions

to GSWH EL 1 10.64 2.76 1.82

EL 2 10.71 2.78 1.93

EL 3 10.23 2.65 0.79

EL 4 10.31 2.68 1.04

EL 5 10.43 2.71 1.36

EL 6 11.22 2.91 3.25

Fuel Switching Effects for EL 7 (Electric Heat Pump Water Heaters)

GSWH EL 1 GSWH EL 2 GSWH EL 3 GSWH EL 4 GSWH EL 5 GSWH EL 6

Gas Storage Water Heater Design

Standing Pilot, 

1.5” ins

Standing Pilot, 

2” Ins

Electronic 

ignition, 1” ins, 

power vent

Electronic 

ignition, 1.5” ins, 

power vent

Electronic 

ignition, 2” ins, 

power vent

Condensing, 2” 

ins, power vent

Shift in Shipments 2015-2045 (Millions) 7.54 7.00 13.53 13.10 12.38 0.13

Savings in Electricity Equipment Cost ($ Billions) 12.26 11.37 22.13 21.41 20.21 0.27

Savings in Gas Equipment Cost ($Billions) -10.19 -10.31 -19.60 -19.15 -18.40 -0.27

Savings in Electricity Energy Cost ($Billions) 14.78 13.70 26.51 25.67 24.25 0.25

Savings in Gas Energy Cost ($Billions) -25.36 -22.97 -44.57 -41.95 -38.09 -0.34

Discounted Savings in Electricity Equipment Cost ($ Billions) 3.66 3.40 6.61 6.40 6.04 0.08

Discounted Savings in Gas Equipment Cost ($Billions) -3.21 -3.08 -5.86 -5.72 -5.50 -0.08

Discounted Savings in Electricity Energy Cost ($Billions) 2.88 2.68 5.18 5.01 4.73 0.05

Discounted Savings in Gas Energy Cost ($Billions) -4.78 -4.33 -8.40 -7.91 -7.18 -0.06

Net Impacts, not discounted ($ Billions) -8.50 -8.20 -15.52 -14.03 -12.03 -0.09

Net Present Value ($ Billions) -1.44 -1.34 -2.47 -2.23 -1.90 -0.01

Electricity Source Energy Savings (Quads) 0.68 0.63 1.22 1.18 1.11 0.01

Gas Source Energy Savings (Quads) -1.27 -1.15 -2.22 -2.09 -1.91 -0.02

Net Impacts on Source Energy Savings -0.59 -0.52 -1.00 -0.92 -0.80 -0.01

Present Value of Net Impacts on Source Savings 2015- 2045 (Quads) -0.15 -0.13 -0.26 -0.23 -0.20 0.00

Oil Storage Water Heater

OSWH

BASE EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7

Design

Electronic 

Ignition, 1” Ins 

(fiberglass) 

(BASELINE)

Electronic 

Ignition, 1.5” 

Ins (fiberglass)

Electronic 

Ignition, 2” Ins 

(fiberglass)

Electronic 

Ignition, 2.5” 

Ins (fiberglass)

Electronic 

Ignition, 2” Ins 

(foam)

Electronic 

Ignition, 2.5” 

Ins (foam)

Electronic 

Ignition, 1” Ins 

(fiberglass), 

enhanced flue 

baffle

Electronic 

Ignition, 1” Ins 

(foam), 

enhanced flue 

baffle

Shipments 2015-2045 (Millions) 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04

Incremental Equipment and O&M Costs ($ Billions) 0.00 0.00 0.01 0.00 0.02 0.11 0.11

Energy Cost Savings ($ Billions) 0.00 0.09 0.17 0.33 0.49 0.79 0.95

Discounted Incremental Equipment ($ Billions) 0.00 0.00 0.00 0.00 0.01 0.04 0.04

Discounted Operating Cost Savings (Energy and O&M) ($ Billions) 0.00 0.02 0.03 0.07 0.10 0.16 0.19

Net Savings, not discounted ($ Billions) 0.00 0.09 0.16 0.32 0.47 0.67 0.84

Net Present Value ($ Billions) 0.000 0.017 0.032 0.064 0.092 0.121 0.154

Site Savings 2015- 2045 (Quads) 0.000 0.002 0.004 0.008 0.012 0.019 0.023

Source Savings 2015- 2045 (Quads) 0.000 0.002 0.004 0.008 0.012 0.019 0.023

Present Value of Source Savings 2015- 2045 (Quads) 0.000 0.001 0.001 0.002 0.003 0.005 0.006

Gas Instantaneous Water Heater

GIWH Efficiency Level

BASE EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

Design

Standing pilot 

(BASELINE)

Standing Pilot, 

Improved HX

Electronic 

Ignition, Improved 

HX

Electronic 

Ignition, Induced 

Draft (Power 

Vent)

Electronic Ignition, 

Improved HX, 

Induced Draft 

(Power Vent)

Electronic 

Ignition, Improved 

HX, Induced Draft 

(Power Vent)

Electronic 

Ignition, Improved 

HX, Induced Draft 

(Power Vent)

Condensing Condensing, 

Improved HX

Shipments 2015-2045 (Millions) 50.8 50.8 50.8 50.8 50.8 50.8 50.8 50.8 50.8

Incremental Equipment and O&M Costs ($ Billions) 0.01 0.10 0.68 1.04 18.80 22.04 16.67 25.66

Energy Cost Savings ($ Billions) 0.19 1.51 1.66 1.94 3.71 4.59 10.58 13.57

Discounted Incremental Equipment ($ Billions) 0.00 0.16 0.32 0.42 5.59 6.53 4.97 7.58

Discounted Operating Cost Savings (Energy and O&M) ($ Billions) 0.04 0.34 0.36 0.42 0.74 0.90 2.01 2.56

Net Savings, not discounted ($ Billions) 0.18 -1.82 0.98 0.90 -15.09 -17.45 -6.09 -12.08

Net Present Value ($ Billions) 0.03 0.18 0.05 0.00 -4.84 -5.62 -2.96 -5.02

Site Savings 2015- 2045 (TWh) 0.01 0.06 0.07 0.08 0.15 0.18 0.42 0.53

Source Savings 2015- 2045 (Quads) 0.01 0.06 0.07 0.08 0.16 0.20 0.45 0.58

Present Value of Source Savings 2015- 2045 (Quads) 0.00 0.02 0.02 0.02 0.04 0.05 0.11 0.14

Efficiency Level

GSWH Standard Level

NPV

GSWH EL

Source 

Savings

Discounted 

Source Savings

-40

-30

-20

-10

0

10

20

-20

-15

-10

-5

0

5

10

EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

$Billions

Quads

Source Energy Savings (Quads)

Net Present Value (Billions)

-12.00

-7.00

-2.00

3.00

8.00

-0.90

-0.70

-0.50

-0.30

-0.10

0.10

0.30

0.50

0.70

0.90

EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7 EL 8

$Billions

Quads

National Impacts - Gas Instantaneous Water Heater

Source Energy Savings (Quads)

Net Present Value (Billions)

-1.00

-0.80

-0.60

-0.40

-0.20

0.00

0.20

0.40

0.60

0.80

1.00

-0.04

-0.03

-0.02

-0.01

0.00

0.01

0.02

0.03

0.04

EL 1 EL 2 EL 3 EL 4 EL 5 EL 6 EL 7

Quads

$Billions

National Impacts - Oil Storage Water Heater

Source Energy Savings Net Present Value

-10

-8

-6

-4

-2

0

2

4

6

8

10

-3

-2

-1

0

1

2

3

GSWH EL 1 GSWH EL 2 GSWH EL 3 GSWH EL 4 GSWH EL 5 GSWH EL 6

$Billions

Quads

Fuel Switching Impacts - Electric Storage Water Heater

Source Energy Savings (Quads)

Net Present Value (Billions)

0900006480eb89bf.xlsx 7/18/2011
GWH EWH OWH GIWH GWH EWH OWH GIWH

2015 4.64 5.14 0.03 1.17 57.60 57.50 0.42 6.87

2016 4.62 5.22 0.04 1.25 57.48 58.35 0.42 7.97

2017 4.56 5.26 0.04 1.31 57.35 59.22 0.42 9.08

2018 4.50 5.28 0.03 1.35 57.21 60.09 0.42 10.17

2019 4.46 5.30 0.03 1.40 57.07 60.95 0.42 11.23

2020 4.44 5.33 0.03 1.44 56.93 61.79 0.42 12.25

2021 4.42 5.33 0.03 1.47 56.77 62.57 0.43 13.22

2022 4.42 5.35 0.03 1.51 56.62 63.31 0.43 14.12

2023 4.45 5.40 0.03 1.54 56.50 64.01 0.43 14.96

2024 4.49 5.46 0.03 1.58 56.42 64.70 0.43 15.74

2025 4.55 5.55 0.03 1.63 56.40 65.39 0.43 16.48

2026 4.61 5.63 0.03 1.66 56.45 66.07 0.43 17.17

2027 4.66 5.70 0.03 1.70 56.55 66.76 0.43 17.80

2028 4.69 5.75 0.03 1.72 56.70 67.43 0.43 18.38

2029 4.73 5.81 0.03 1.75 56.90 68.11 0.43 18.92

2030 4.77 5.88 0.03 1.77 57.15 68.80 0.43 19.42

2031 4.80 5.92 0.03 1.79 57.44 69.49 0.43 19.88

2032 4.81 5.96 0.03 1.80 57.75 70.16 0.43 20.30

2033 4.84 6.00 0.03 1.81 58.09 70.83 0.43 20.68

2034 4.87 6.05 0.03 1.83 58.44 71.50 0.43 21.03

2035 4.90 6.10 0.03 1.84 58.82 72.16 0.43 21.36

2036 4.94 6.15 0.03 1.86 59.22 72.82 0.43 21.66

2037 4.99 6.20 0.03 1.88 59.63 73.48 0.43 21.95

2038 5.03 6.26 0.03 1.90 60.06 74.14 0.43 22.22

2039 5.08 6.32 0.03 1.92 60.50 74.81 0.43 22.49

2040 5.13 6.38 0.03 1.94 60.96 75.47 0.43 22.74

2041 5.17 6.44 0.03 1.96 61.43 76.15 0.43 22.98

2042 5.22 6.50 0.03 1.98 61.92 76.83 0.43 23.22

2043 0.00 0.00 0.00 0.00 57.16 70.95 0.40 21.46

2044 0.00 0.00 0.00 0.00 52.36 65.03 0.36 19.68

Total

2015-2045 132.8 161.7 1.0 46.7 1,681.5 1,963.8 12.4 505.8

Shipments (Millions) Remaining Stock (Millions)

Base Case Energy Consumption
EWH GWH EWH

Gas Elec Elec Oil Elec Gas Elec

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.00 1.51

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.00 1.46

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.26

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.13

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.12

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.13

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.98 1.15

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.98 1.16

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.98 1.18

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.20

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.15

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.16

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.15

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.16

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.99 1.09

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.00 1.10

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.00 1.11

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.01 1.12

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.01 1.13

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.02 1.14

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.03 1.15

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.03 1.17

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.04 1.18

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.05 1.19

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.06 1.20

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.06 1.21

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.07 1.22

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.08 1.23

16.0 0.0 8.5 18.6 0.2 11.3 0.1 1.00 1.14

16.0 0.0 8.5 18.6 0.2 11.3 0.1 0.91 1.04

464.7 0.9 247.6 540.8 5.2 327.4 2.9 30.2 35.3

Source Energy (Quads)

GWH OWH GIWH

UEC of Shipments (MMBtu)
OWH GIWH

0.01 0.09

0.01 0.10

0.01 0.11

0.01 0.13

0.01 0.14

0.01 0.15

0.01 0.16

0.01 0.18

0.01 0.19

0.01 0.20

0.01 0.21

0.01 0.21

0.01 0.22

0.01 0.23

0.01 0.24

0.01 0.24

0.01 0.25

0.01 0.25

0.01 0.26

0.01 0.26

0.01 0.27

0.01 0.27

0.01 0.27

0.01 0.28

0.01 0.28

0.01 0.28

0.01 0.29

0.01 0.29

0.01 0.27

0.01 0.25

0.3 6.5

Source Energy (Quads)
Shipments Affected Stock Avg UEC of 

Shipments

Gas Efficiency, 

Site Savings

Elec. Eff. Site 

Savings

Total Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost Savings

Maintenance 

and Repair Cost 

Savings

Net Savings Net Present 

Value

Gas Efficiency, 

Site Savings

Elec. Eff. Site 

Savings

Total Primary 

Savings

Discounted 

Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net Savings Net Present 

Value

Gas 

Efficiency 

Site Savings

Elec. Eff. Site 

Savings

Total 

Primary 

Savings

Millions Millions MMBtu Quads TWh Quads Quads Billions $2009 Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009 Billions $2009 Quads TWh Quads

1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 3 3 3

2015 4.642 4.64 16.0 0.00217 0.000 0.0023 0.0017 $0.03 -$0.27395 $0.000 -$0.241 -$0.17 0.00379 -0.021 0.0039 0.0028 $0.06 -$0.53778 $0.000 -$0.483 -$0.34 0.00570 -0.280 0.0032

2016 4.617 9.26 16.0 0.00432 0.000 0.0047 0.0031 $0.07 -$0.27203 $0.000 -$0.206 -$0.14 0.00756 -0.043 0.0077 0.0051 $0.11 -$0.53400 $0.000 -$0.423 -$0.28 0.01137 -0.559 0.0067

2017 4.555 13.81 16.0 0.00644 0.000 0.0069 0.0043 $0.10 -$0.26799 $0.000 -$0.169 -$0.11 0.01127 -0.064 0.0116 0.0072 $0.17 -$0.52607 $0.000 -$0.359 -$0.22 0.01695 -0.833 0.0112

2018 4.498 18.31 16.0 0.00853 0.000 0.0092 0.0054 $0.13 -$0.26424 $0.000 -$0.132 -$0.08 0.01493 -0.084 0.0155 0.0090 $0.22 -$0.51870 $0.000 -$0.296 -$0.17 0.02245 -1.104 0.0159

2019 4.464 22.78 16.0 0.01060 0.000 0.0114 0.0062 $0.17 -$0.26183 $0.000 -$0.096 -$0.05 0.01855 -0.105 0.0192 0.0105 $0.28 -$0.51399 $0.000 -$0.235 -$0.13 0.02790 -1.372 0.0200

2020 4.441 27.22 16.0 0.01265 0.000 0.0137 0.0069 $0.20 -$0.26004 $0.000 -$0.060 -$0.03 0.02215 -0.125 0.0230 0.0117 $0.34 -$0.51048 $0.000 -$0.174 -$0.09 0.03331 -1.638 0.0239

2021 4.416 31.55 16.0 0.01465 0.000 0.0158 0.0075 $0.23 -$0.25820 $0.000 -$0.025 -$0.01 0.02566 -0.145 0.0266 0.0126 $0.39 -$0.50686 $0.000 -$0.114 -$0.05 0.03858 -1.897 0.0277

2022 4.418 35.64 16.0 0.01654 0.000 0.0179 0.0079 $0.27 -$0.25791 $0.000 $0.009 $0.00 0.02896 -0.164 0.0301 0.0134 $0.45 -$0.50628 $0.000 -$0.056 -$0.02 0.04355 -2.141 0.0313

2023 4.445 39.41 16.0 0.01828 0.000 0.0198 0.0082 $0.30 -$0.25912 $0.016 $0.053 $0.02 0.03200 -0.181 0.0333 0.0138 $0.50 -$0.50866 $0.016 $0.005 $0.00 0.04812 -2.366 0.0347

2024 4.492 42.81 16.0 0.01983 0.000 0.0216 0.0084 $0.32 -$0.26147 $0.015 $0.073 $0.03 0.03472 -0.196 0.0363 0.0141 $0.54 -$0.51327 $0.015 $0.038 $0.01 0.05222 -2.567 0.0378

2025 4.554 45.79 16.0 0.02119 0.000 0.0231 0.0084 $0.34 -$0.26467 $0.015 $0.094 $0.03 0.03711 -0.210 0.0389 0.0141 $0.58 -$0.51955 $0.014 $0.074 $0.03 0.05581 -2.744 0.0415

2026 4.612 48.37 16.0 0.02236 0.000 0.0243 0.0082 $0.37 -$0.26758 $0.016 $0.115 $0.04 0.03915 -0.222 0.0411 0.0139 $0.62 -$0.52526 $0.015 $0.108 $0.04 0.05888 -2.895 0.0438

2027 4.658 50.53 16.0 0.02334 0.000 0.0254 0.0080 $0.39 -$0.26987 $0.016 $0.135 $0.04 0.04086 -0.231 0.0429 0.0136 $0.66 -$0.52977 $0.015 $0.140 $0.04 0.06145 -3.021 0.0460

2028 4.694 52.32 16.0 0.02413 0.000 0.0263 0.0078 $0.41 -$0.27154 $0.016 $0.154 $0.05 0.04226 -0.239 0.0443 0.0131 $0.69 -$0.53305 $0.015 $0.172 $0.05 0.06354 -3.124 0.0476

2029 4.730 53.79 16.0 0.02478 0.000 0.0269 0.0075 $0.43 -$0.27319 $0.016 $0.171 $0.05 0.04339 -0.245 0.0456 0.0126 $0.72 -$0.53629 $0.016 $0.201 $0.06 0.06524 -3.208 0.0504

2030 4.770 54.99 16.0 0.02530 0.000 0.0275 0.0071 $0.45 -$0.27506 $0.017 $0.188 $0.05 0.04430 -0.251 0.0466 0.0120 $0.75 -$0.53995 $0.016 $0.227 $0.06 0.06662 -3.275 0.0515

2031 4.796 55.98 16.0 0.02572 0.000 0.0280 0.0068 $0.46 -$0.27612 $0.018 $0.205 $0.05 0.04503 -0.255 0.0473 0.0114 $0.78 -$0.54204 $0.017 $0.256 $0.06 0.06772 -3.330 0.0523

2032 4.812 56.79 16.0 0.02605 0.000 0.0283 0.0064 $0.47 -$0.27664 $0.018 $0.216 $0.05 0.04562 -0.258 0.0479 0.0108 $0.80 -$0.54306 $0.018 $0.275 $0.06 0.06860 -3.373 0.0530

2033 4.837 57.46 16.0 0.02632 0.000 0.0286 0.0060 $0.48 -$0.27764 $0.019 $0.224 $0.05 0.04609 -0.261 0.0484 0.0102 $0.81 -$0.54501 $0.018 $0.287 $0.06 0.06931 -3.408 0.0535

2034 4.869 58.05 16.0 0.02656 0.000 0.0289 0.0057 $0.49 -$0.27903 $0.018 $0.234 $0.05 0.04650 -0.263 0.0489 0.0096 $0.83 -$0.54775 $0.018 $0.304 $0.06 0.06992 -3.438 0.0540

2035 4.903 58.58 16.0 0.02676 0.000 0.0291 0.0054 $0.50 -$0.28051 $0.018 $0.241 $0.04 0.04685 -0.265 0.0492 0.0091 $0.85 -$0.55065 $0.018 $0.317 $0.06 0.07045 -3.464 0.0544

2036 4.943 59.07 16.0 0.02694 0.000 0.0293 0.0050 $0.51 -$0.28235 $0.019 $0.249 $0.04 0.04717 -0.267 0.0495 0.0085 $0.87 -$0.55427 $0.018 $0.329 $0.06 0.07093 -3.488 0.0547

2037 4.986 59.54 16.0 0.02711 0.000 0.0295 0.0047 $0.52 -$0.28437 $0.019 $0.257 $0.04 0.04748 -0.269 0.0499 0.0080 $0.88 -$0.55822 $0.018 $0.342 $0.05 0.07139 -3.510 0.0551

2038 5.031 60.01 16.0 0.02728 0.000 0.0296 0.0045 $0.53 -$0.28652 $0.019 $0.264 $0.04 0.04777 -0.270 0.0502 0.0075 $0.90 -$0.56245 $0.018 $0.353 $0.05 0.07184 -3.532 0.0554

2039 5.079 60.47 16.0 0.02745 0.000 0.0298 0.0042 $0.54 -$0.28876 $0.019 $0.271 $0.04 0.04807 -0.272 0.0505 0.0071 $0.91 -$0.56685 $0.018 $0.365 $0.05 0.07228 -3.554 0.0558

2040 5.127 60.95 16.0 0.02762 0.000 0.0300 0.0039 $0.55 -$0.29103 $0.019 $0.279 $0.04 0.04837 -0.274 0.0508 0.0067 $0.93 -$0.57130 $0.018 $0.378 $0.05 0.07273 -3.576 0.0561

2041 5.174 61.43 16.0 0.02780 0.000 0.0302 0.0037 $0.56 -$0.29325 $0.019 $0.287 $0.04 0.04867 -0.275 0.0511 0.0063 $0.95 -$0.57565 $0.018 $0.391 $0.05 0.07319 -3.599 0.0565

2042 5.220 61.92 16.0 0.02798 0.000 0.0304 0.0035 $0.57 -$0.29538 $0.019 $0.295 $0.03 0.04898 -0.277 0.0514 0.0059 $0.97 -$0.57984 $0.018 $0.404 $0.05 0.07366 -3.622 0.0568

2043 5.264 62.42 16.0 0.02816 0.000 0.0306 0.0033 $0.58 -$0.29742 $0.020 $0.304 $0.03 0.04930 -0.279 0.0518 0.0056 $0.98 -$0.58384 $0.019 $0.418 $0.04 0.07414 -3.645 0.0572

2044 5.307 62.93 16.0 0.02834 0.000 0.0308 0.0031 $0.59 -$0.29937 $0.020 $0.313 $0.03 0.04963 -0.281 0.0521 0.0052 $1.00 -$0.58768 $0.019 $0.433 $0.04 0.07463 -3.669 0.0576

2045 58.10 16.0 0.02615 0.000 0.0284 0.0027 $0.55 $0.020 $0.573 $0.05 0.04579 -0.259 0.0481 0.0045 $0.93 $0.019 $0.954 $0.09 0.06885 -3.385 0.0531

2046 53.23 16.0 0.02394 0.000 0.0260 0.0023 $0.51 $0.020 $0.533 $0.05 0.04192 -0.237 0.0440 0.0039 $0.87 $0.019 $0.886 $0.08 0.06304 -3.100 0.0487

2047 48.33 16.0 0.02172 0.000 0.0236 0.0019 $0.47 $0.021 $0.491 $0.04 0.03804 -0.215 0.0399 0.0033 $0.80 $0.020 $0.815 $0.07 0.05720 -2.812 0.0441

2048 43.39 16.0 0.01949 0.000 0.0212 0.0016 $0.43 $0.021 $0.448 $0.03 0.03413 -0.193 0.0358 0.0027 $0.72 $0.020 $0.742 $0.06 0.05132 -2.523 0.0396

2049 38.40 16.0 0.01724 0.000 0.0187 0.0013 $0.38 $0.021 $0.403 $0.03 0.03019 -0.171 0.0317 0.0023 $0.65 $0.020 $0.666 $0.05 0.04540 -2.232 0.0350

2050 33.38 16.0 0.01498 0.000 0.0163 0.0011 $0.34 $0.021 $0.357 $0.02 0.02623 -0.148 0.0275 0.0018 $0.57 $0.020 $0.588 $0.04 0.03944 -1.939 0.0304

2051 28.42 16.0 0.01274 0.000 0.0138 0.0009 $0.29 $0.021 $0.310 $0.02 0.02232 -0.126 0.0234 0.0015 $0.49 $0.020 $0.510 $0.03 0.03356 -1.650 0.0259

2052 23.68 16.0 0.01062 0.000 0.0115 0.0007 $0.24 -$0.120 $0.124 $0.01 0.01859 -0.105 0.0195 0.0011 $0.41 -$0.121 $0.291 $0.02 0.02795 -1.374 0.0216

2053 19.31 16.0 0.00865 0.000 0.0094 0.0005 $0.20 $0.000 $0.201 $0.01 0.01515 -0.086 0.0159 0.0009 $0.34 $0.000 $0.340 $0.02 0.02279 -1.120 0.0176

2054 15.40 16.0 0.00690 0.000 0.0075 0.0004 $0.16 $0.000 $0.162 $0.01 0.01208 -0.068 0.0127 0.0006 $0.27 $0.000 $0.274 $0.01 0.01817 -0.893 0.0140

2055 12.01 16.0 0.00538 0.000 0.0058 0.0003 $0.13 $0.000 $0.128 $0.01 0.00942 -0.053 0.0099 0.0005 $0.22 $0.000 $0.216 $0.01 0.01416 -0.696 0.0109

2056 9.16 16.0 0.00410 0.000 0.0045 0.0002 $0.10 $0.000 $0.099 $0.00 0.00718 -0.041 0.0075 0.0003 $0.17 $0.000 $0.167 $0.01 0.01079 -0.531 0.0083

2057 6.82 16.0 0.00305 0.000 0.0033 0.0001 $0.07 $0.000 $0.074 $0.00 0.00534 -0.030 0.0056 0.0002 $0.13 $0.000 $0.126 $0.01 0.00804 -0.395 0.0062

2058 4.96 16.0 0.00222 0.000 0.0024 0.0001 $0.05 $0.000 $0.055 $0.00 0.00389 -0.022 0.0041 0.0002 $0.09 $0.000 $0.093 $0.00 0.00584 -0.287 0.0045

2059 3.52 16.0 0.00158 0.000 0.0017 0.0001 $0.04 $0.000 $0.039 $0.00 0.00276 -0.016 0.0029 0.0001 $0.07 $0.000 $0.067 $0.00 0.00415 -0.204 0.0032

2060 2.44 16.0 0.00109 0.000 0.0012 0.0000 $0.03 $0.000 $0.028 $0.00 0.00191 -0.011 0.0020 0.0001 $0.05 $0.000 $0.047 $0.00 0.00288 -0.142 0.0022

2061 1.66 16.0 0.00074 0.000 0.0008 0.0000 $0.02 $0.000 $0.019 $0.00 0.00130 -0.007 0.0014 0.0000 $0.03 $0.000 $0.032 $0.00 0.00195 -0.096 0.0015

2062 1.09 16.0 0.00049 0.000 0.0005 0.0000 $0.01 $0.000 $0.013 $0.00 0.00086 -0.005 0.0009 0.0000 $0.02 $0.000 $0.021 $0.00 0.00129 -0.063 0.0010

2063 0.71 16.0 0.00032 0.000 0.0003 0.0000 $0.01 $0.000 $0.008 $0.00 0.00055 -0.003 0.0006 0.0000 $0.01 $0.000 $0.014 $0.00 0.00083 -0.041 0.0006

2064 0.44 16.0 0.00020 0.000 0.0002 0.0000 $0.01 $0.000 $0.005 $0.00 0.00035 -0.002 0.0004 0.0000 $0.01 $0.000 $0.009 $0.00 0.00052 -0.026 0.0004

2065 0.27 16.0 0.00012 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00021 -0.001 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.00032 -0.016 0.0002

2066 0.16 16.0 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00013 -0.001 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00019 -0.009 0.0001

2067 0.10 16.0 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00011 -0.006 0.0001

2068 0.05 16.0 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00006 -0.003 0.0000

2069 0.03 16.0 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 -0.002 0.0000

2070 0.02 16.0 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 -0.001 0.0000

2071 0.01 16.0 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000

2072 0.00 16.0 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000

2073 0.00 16.0 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000

Energy Savings Net Present Value

Gas Water Heater 

Net Present Value

Efficiency Level 1

Base Case

Energy Savings

Efficiency Level 2

Energy Savings
Discounted 

Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost Savings

Maintenance 

and Repair 

Cost Savings

Net 

Savings

Net Present 

Value

Gas 

Efficiency 

Site Savings

Elec. Eff. Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost Savings

Maintenance 

and Repair 

Cost Savings

Net Savings Net Present 

Value

Gas 

Efficiency 

Site 

Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net 

Savings

Net 

Present 

Value

Gas 

Efficiency 

Site Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Billions $2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009 Billions $2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Quads TWh Quads Quads

3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 6 6 6 6

0.0023 $0.06 -$1.82329 $0.000 -$1.767 -$1.26 0.00747 -0.276 0.0052 0.0037 $0.08 -$1.96321 $0.002 -$1.877 -$1.34 0.00973 -0.270 0.0077 0.0055 $0.12 -$2.24465 $0.000 -$2.126 -$1.52 0.01696 -0.252 0.0156 0.0112

0.0044 $0.11 -$1.81046 $0.000 -$1.696 -$1.13 0.01488 -0.550 0.0105 0.0070 $0.17 -$1.94940 $0.005 -$1.776 -$1.18 0.01939 -0.538 0.0155 0.0103 $0.24 -$2.22886 $0.000 -$1.989 -$1.33 0.03380 -0.502 0.0314 0.0209

0.0070 $0.17 -$1.78358 $0.000 -$1.612 -$1.00 0.02219 -0.820 0.0170 0.0106 $0.25 -$1.92045 $0.007 -$1.660 -$1.03 0.02890 -0.802 0.0243 0.0152 $0.36 -$2.19576 $0.000 -$1.836 -$1.14 0.05039 -0.748 0.0480 0.0299

0.0093 $0.23 -$1.75860 $0.000 -$1.529 -$0.89 0.02939 -1.086 0.0236 0.0137 $0.34 -$1.89356 $0.009 -$1.545 -$0.90 0.03829 -1.063 0.0333 0.0194 $0.48 -$2.16502 $0.000 -$1.684 -$0.98 0.06675 -0.991 0.0646 0.0376

0.0109 $0.29 -$1.74262 $0.001 -$1.454 -$0.79 0.03653 -1.350 0.0295 0.0160 $0.43 -$1.87635 $0.011 -$1.439 -$0.78 0.04758 -1.321 0.0416 0.0226 $0.60 -$2.14534 $0.000 -$1.543 -$0.84 0.08296 -1.232 0.0805 0.0438

0.0122 $0.35 -$1.73071 $0.001 -$1.382 -$0.70 0.04362 -1.612 0.0352 0.0179 $0.51 -$1.86353 $0.014 -$1.336 -$0.68 0.05682 -1.577 0.0497 0.0253 $0.73 -$2.13068 $0.000 -$1.403 -$0.71 0.09906 -1.471 0.0961 0.0489

0.0132 $0.41 -$1.71847 $0.001 -$1.310 -$0.62 0.05051 -1.867 0.0408 0.0194 $0.60 -$1.85034 $0.016 -$1.233 -$0.59 0.06580 -1.826 0.0576 0.0274 $0.85 -$2.11561 $0.000 -$1.265 -$0.60 0.11473 -1.704 0.1112 0.0529

0.0139 $0.47 -$1.71650 $0.001 -$1.247 -$0.55 0.05702 -2.108 0.0461 0.0205 $0.69 -$1.84823 $0.018 -$1.139 -$0.51 0.07428 -2.062 0.0651 0.0289 $0.98 -$2.11319 $0.000 -$1.137 -$0.50 0.12951 -1.923 0.1257 0.0558

0.0144 $0.52 -$1.72456 -$0.098 -$1.304 -$0.54 0.06301 -2.329 0.0511 0.0212 $0.76 -$1.85691 -$0.069 -$1.162 -$0.48 0.08207 -2.278 0.0722 0.0299 $1.08 -$2.12311 -$0.099 -$1.142 -$0.47 0.14310 -2.125 0.1394 0.0578

0.0146 $0.56 -$1.74018 -$0.096 -$1.280 -$0.50 0.06837 -2.527 0.0556 0.0216 $0.82 -$1.87372 -$0.066 -$1.118 -$0.43 0.08906 -2.472 0.0785 0.0305 $1.16 -$2.14233 -$0.098 -$1.078 -$0.42 0.15528 -2.306 0.1518 0.0589

0.0150 $0.60 -$1.76149 -$0.095 -$1.254 -$0.45 0.07307 -2.701 0.0606 0.0220 $0.89 -$1.89667 -$0.064 -$1.072 -$0.39 0.09518 -2.642 0.0851 0.0308 $1.26 -$2.16857 -$0.096 -$1.010 -$0.37 0.16596 -2.464 0.1634 0.0592

0.0148 $0.65 -$1.78084 -$0.094 -$1.228 -$0.42 0.07709 -2.849 0.0640 0.0217 $0.95 -$1.91750 -$0.061 -$1.027 -$0.35 0.10042 -2.787 0.0898 0.0304 $1.34 -$2.19239 -$0.096 -$0.945 -$0.32 0.17509 -2.600 0.1724 0.0584

0.0146 $0.69 -$1.79612 -$0.093 -$1.202 -$0.38 0.08045 -2.974 0.0671 0.0212 $1.01 -$1.93396 -$0.060 -$0.983 -$0.31 0.10480 -2.909 0.0940 0.0298 $1.43 -$2.21120 -$0.095 -$0.881 -$0.28 0.18272 -2.713 0.1802 0.0571

0.0141 $0.73 -$1.80724 -$0.092 -$1.172 -$0.35 0.08320 -3.075 0.0694 0.0205 $1.07 -$1.94593 -$0.058 -$0.936 -$0.28 0.10838 -3.008 0.0972 0.0288 $1.50 -$2.22489 -$0.094 -$0.815 -$0.24 0.18896 -2.806 0.1863 0.0551

0.0139 $0.76 -$1.81822 -$0.092 -$1.147 -$0.32 0.08542 -3.157 0.0727 0.0201 $1.12 -$1.95775 -$0.057 -$0.896 -$0.25 0.11128 -3.088 0.1012 0.0280 $1.58 -$2.23841 -$0.094 -$0.757 -$0.21 0.19401 -2.881 0.1925 0.0532

0.0133 $0.80 -$1.83066 -$0.093 -$1.125 -$0.29 0.08722 -3.224 0.0742 0.0192 $1.17 -$1.97114 -$0.057 -$0.860 -$0.22 0.11362 -3.153 0.1034 0.0267 $1.64 -$2.25372 -$0.094 -$0.705 -$0.18 0.19810 -2.942 0.1966 0.0508

0.0126 $0.84 -$1.83773 -$0.093 -$1.096 -$0.26 0.08866 -3.277 0.0754 0.0182 $1.22 -$1.97876 -$0.058 -$0.816 -$0.20 0.11550 -3.206 0.1051 0.0254 $1.71 -$2.26243 -$0.095 -$0.644 -$0.16 0.20137 -2.990 0.1998 0.0483

0.0120 $0.86 -$1.84118 -$0.094 -$1.080 -$0.24 0.08982 -3.320 0.0764 0.0172 $1.25 -$1.98247 -$0.058 -$0.791 -$0.18 0.11700 -3.247 0.1064 0.0240 $1.76 -$2.26668 -$0.096 -$0.608 -$0.14 0.20399 -3.029 0.2023 0.0457

0.0113 $0.87 -$1.84779 -$0.095 -$1.071 -$0.23 0.09076 -3.354 0.0772 0.0163 $1.27 -$1.98959 -$0.059 -$0.775 -$0.16 0.11822 -3.281 0.1075 0.0227 $1.79 -$2.27482 -$0.097 -$0.584 -$0.12 0.20612 -3.061 0.2044 0.0431

0.0107 $0.90 -$1.85710 -$0.096 -$1.057 -$0.21 0.09155 -3.384 0.0779 0.0154 $1.31 -$1.99961 -$0.059 -$0.752 -$0.15 0.11926 -3.310 0.1085 0.0214 $1.83 -$2.28628 -$0.098 -$0.552 -$0.11 0.20793 -3.088 0.2063 0.0407

0.0100 $0.92 -$1.86690 -$0.097 -$1.049 -$0.19 0.09224 -3.409 0.0784 0.0144 $1.33 -$2.01017 -$0.060 -$0.737 -$0.14 0.12016 -3.335 0.1092 0.0201 $1.87 -$2.29834 -$0.099 -$0.528 -$0.10 0.20950 -3.111 0.2077 0.0383

0.0094 $0.93 -$1.87919 -$0.097 -$1.043 -$0.18 0.09288 -3.433 0.0789 0.0136 $1.36 -$2.02340 -$0.060 -$0.724 -$0.12 0.12098 -3.358 0.1099 0.0189 $1.91 -$2.31347 -$0.099 -$0.507 -$0.09 0.21094 -3.132 0.2091 0.0360

0.0089 $0.95 -$1.89259 -$0.098 -$1.038 -$0.17 0.09348 -3.455 0.0794 0.0128 $1.39 -$2.03783 -$0.060 -$0.712 -$0.11 0.12176 -3.379 0.1106 0.0178 $1.94 -$2.32997 -$0.100 -$0.488 -$0.08 0.21230 -3.153 0.2104 0.0339

0.0083 $0.97 -$1.90692 -$0.098 -$1.033 -$0.16 0.09406 -3.476 0.0799 0.0120 $1.41 -$2.05326 -$0.061 -$0.700 -$0.11 0.12252 -3.401 0.1113 0.0167 $1.98 -$2.34761 -$0.100 -$0.469 -$0.07 0.21362 -3.172 0.2118 0.0318

0.0078 $0.99 -$1.92186 -$0.099 -$1.029 -$0.14 0.09464 -3.498 0.0804 0.0113 $1.44 -$2.06934 -$0.060 -$0.689 -$0.10 0.12328 -3.422 0.1120 0.0157 $2.02 -$2.36600 -$0.101 -$0.450 -$0.06 0.21494 -3.192 0.2131 0.0299

0.0074 $1.01 -$1.93692 -$0.099 -$1.025 -$0.13 0.09523 -3.520 0.0809 0.0106 $1.47 -$2.08556 -$0.061 -$0.678 -$0.09 0.12405 -3.443 0.1127 0.0148 $2.05 -$2.38454 -$0.101 -$0.431 -$0.06 0.21628 -3.212 0.2144 0.0282

0.0069 $1.03 -$1.95168 -$0.099 -$1.019 -$0.13 0.09583 -3.542 0.0814 0.0100 $1.50 -$2.10145 -$0.061 -$0.665 -$0.08 0.12483 -3.465 0.1134 0.0139 $2.09 -$2.40272 -$0.101 -$0.410 -$0.05 0.21765 -3.232 0.2157 0.0265

0.0065 $1.05 -$1.96587 -$0.100 -$1.013 -$0.12 0.09645 -3.565 0.0820 0.0094 $1.53 -$2.11673 -$0.061 -$0.651 -$0.07 0.12563 -3.487 0.1142 0.0131 $2.13 -$2.42018 -$0.102 -$0.388 -$0.04 0.21905 -3.253 0.2171 0.0249

0.0061 $1.07 -$1.97946 -$0.100 -$1.006 -$0.11 0.09708 -3.588 0.0825 0.0088 $1.56 -$2.13137 -$0.061 -$0.637 -$0.07 0.12645 -3.510 0.1149 0.0123 $2.18 -$2.43691 -$0.103 -$0.364 -$0.04 0.22048 -3.274 0.2185 0.0234

0.0058 $1.10 -$1.99247 -$0.101 -$0.998 -$0.10 0.09772 -3.612 0.0830 0.0083 $1.59 -$2.14537 -$0.062 -$0.620 -$0.06 0.12729 -3.533 0.1157 0.0116 $2.22 -$2.45293 -$0.103 -$0.339 -$0.03 0.22193 -3.296 0.2200 0.0220

0.0050 $1.02 -$0.102 $0.922 $0.09 0.09015 -3.332 0.0766 0.0072 $1.48 -$0.065 $1.418 $0.13 0.11743 -3.259 0.1067 0.0100 $2.07 -$0.104 $1.967 $0.18 0.20475 -3.040 0.2030 0.0190

0.0043 $0.95 -$0.103 $0.848 $0.07 0.08254 -3.051 0.0701 0.0061 $1.38 -$0.068 $1.308 $0.11 0.10752 -2.984 0.0977 0.0086 $1.92 -$0.105 $1.816 $0.16 0.18747 -2.784 0.1858 0.0163

0.0036 $0.87 -$0.104 $0.770 $0.06 0.07489 -2.768 0.0636 0.0052 $1.26 -$0.071 $1.193 $0.10 0.09756 -2.708 0.0886 0.0073 $1.76 -$0.106 $1.659 $0.14 0.17009 -2.526 0.1686 0.0138

0.0030 $0.80 -$0.105 $0.690 $0.05 0.06719 -2.483 0.0571 0.0044 $1.15 -$0.074 $1.075 $0.08 0.08752 -2.429 0.0795 0.0061 $1.60 -$0.106 $1.497 $0.11 0.15260 -2.266 0.1513 0.0116

0.0025 $0.71 -$0.106 $0.607 $0.04 0.05944 -2.197 0.0505 0.0036 $1.03 -$0.077 $0.952 $0.07 0.07743 -2.149 0.0704 0.0050 $1.44 -$0.107 $1.329 $0.09 0.13500 -2.005 0.1338 0.0096

0.0020 $0.63 -$0.106 $0.521 $0.03 0.05164 -1.908 0.0439 0.0029 $0.91 -$0.080 $0.826 $0.06 0.06726 -1.867 0.0611 0.0041 $1.26 -$0.108 $1.155 $0.08 0.11728 -1.742 0.1162 0.0078

0.0016 $0.54 -$0.107 $0.434 $0.03 0.04394 -1.624 0.0373 0.0023 $0.78 -$0.083 $0.698 $0.04 0.05723 -1.588 0.0520 0.0032 $1.09 -$0.109 $0.980 $0.06 0.09979 -1.482 0.0989 0.0062

0.0013 $0.46 $0.001 $0.458 $0.03 0.03660 -1.353 0.0311 0.0018 $0.66 $0.011 $0.671 $0.04 0.04768 -1.323 0.0433 0.0025 $0.92 $0.000 $0.918 $0.05 0.08313 -1.234 0.0824 0.0048

0.0010 $0.38 $0.000 $0.378 $0.02 0.02984 -1.103 0.0254 0.0014 $0.54 $0.009 $0.554 $0.03 0.03887 -1.079 0.0353 0.0019 $0.76 $0.000 $0.758 $0.04 0.06777 -1.006 0.0672 0.0037

0.0007 $0.31 $0.000 $0.306 $0.02 0.02379 -0.879 0.0202 0.0010 $0.44 $0.007 $0.447 $0.02 0.03099 -0.860 0.0282 0.0014 $0.61 $0.000 $0.612 $0.03 0.05403 -0.802 0.0536 0.0027

0.0005 $0.24 $0.000 $0.241 $0.01 0.01855 -0.685 0.0158 0.0008 $0.35 $0.006 $0.353 $0.02 0.02416 -0.671 0.0220 0.0010 $0.48 $0.000 $0.483 $0.02 0.04212 -0.625 0.0418 0.0020

0.0004 $0.19 $0.000 $0.186 $0.01 0.01413 -0.522 0.0120 0.0005 $0.27 $0.004 $0.272 $0.01 0.01841 -0.511 0.0167 0.0007 $0.37 $0.000 $0.373 $0.02 0.03209 -0.477 0.0318 0.0014

0.0003 $0.14 $0.000 $0.141 $0.01 0.01052 -0.389 0.0089 0.0004 $0.20 $0.003 $0.205 $0.01 0.01370 -0.380 0.0125 0.0005 $0.28 $0.000 $0.281 $0.01 0.02389 -0.355 0.0237 0.0010

0.0002 $0.10 $0.000 $0.104 $0.00 0.00765 -0.283 0.0065 0.0003 $0.15 $0.002 $0.151 $0.01 0.00997 -0.277 0.0091 0.0004 $0.21 $0.000 $0.207 $0.01 0.01738 -0.258 0.0172 0.0007

0.0001 $0.07 $0.000 $0.075 $0.00 0.00543 -0.201 0.0046 0.0002 $0.11 $0.002 $0.109 $0.00 0.00708 -0.196 0.0064 0.0002 $0.15 $0.000 $0.149 $0.01 0.01234 -0.183 0.0122 0.0004

0.0001 $0.05 $0.000 $0.052 $0.00 0.00377 -0.139 0.0032 0.0001 $0.08 $0.001 $0.076 $0.00 0.00491 -0.136 0.0045 0.0002 $0.10 $0.000 $0.104 $0.00 0.00856 -0.127 0.0085 0.0003

0.0000 $0.04 $0.000 $0.036 $0.00 0.00255 -0.094 0.0022 0.0001 $0.05 $0.001 $0.052 $0.00 0.00332 -0.092 0.0030 0.0001 $0.07 $0.000 $0.072 $0.00 0.00580 -0.086 0.0057 0.0002

0.0000 $0.02 $0.000 $0.024 $0.00 0.00169 -0.062 0.0014 0.0000 $0.03 $0.001 $0.035 $0.00 0.00220 -0.061 0.0020 0.0001 $0.05 $0.000 $0.048 $0.00 0.00383 -0.057 0.0038 0.0001

0.0000 $0.02 $0.000 $0.016 $0.00 0.00109 -0.040 0.0009 0.0000 $0.02 $0.000 $0.023 $0.00 0.00142 -0.039 0.0013 0.0000 $0.03 $0.000 $0.031 $0.00 0.00247 -0.037 0.0025 0.0001

0.0000 $0.01 $0.000 $0.010 $0.00 0.00069 -0.025 0.0006 0.0000 $0.01 $0.000 $0.015 $0.00 0.00089 -0.025 0.0008 0.0000 $0.02 $0.000 $0.020 $0.00 0.00156 -0.023 0.0015 0.0000

0.0000 $0.01 $0.000 $0.006 $0.00 0.00042 -0.016 0.0004 0.0000 $0.01 $0.000 $0.009 $0.00 0.00055 -0.015 0.0005 0.0000 $0.01 $0.000 $0.012 $0.00 0.00096 -0.014 0.0009 0.0000

0.0000 $0.00 $0.000 $0.004 $0.00 0.00025 -0.009 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.00033 -0.009 0.0003 0.0000 $0.01 $0.000 $0.008 $0.00 0.00057 -0.008 0.0006 0.0000

0.0000 $0.00 $0.000 $0.002 $0.00 0.00015 -0.005 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00019 -0.005 0.0002 0.0000 $0.00 $0.000 $0.004 $0.00 0.00033 -0.005 0.0003 0.0000

0.0000 $0.00 $0.000 $0.001 $0.00 0.00008 -0.003 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00011 -0.003 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00019 -0.003 0.0002 0.0000

0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 -0.002 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00006 -0.002 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00 0.00010 -0.002 0.0001 0.0000

0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 -0.001 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 -0.001 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 -0.001 0.0001 0.0000

0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000

0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000

0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

Efficiency Level 5

Net Present Value

Efficiency Level 3

Energy Savings Net Present Value Energy Savings

Efficiency Level 4

Net Present Value

Efficiency Level 6

Energy Savings
Energy 

Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net 

Savings

Net 

Present 

Value

Gas 

Efficiency 

Site Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net 

Savings

Net 

Present 

Value

Gas 

Efficiency 

Site Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net 

Savings

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Discounted 

Primary 

Demand

Billions 

$2009

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Millions Millions Quads TWh Quads Quads

6 6 6 6 6 7 7 7 7 7 7 7 7 7 8 8 8 8 8 8 8 8 8 1 1 1 1 1 1

$0.23 -$3.32995 $0.000 -$3.099 -$2.21 0.00258 -0.006 0.0027 0.0019 $0.04 -$0.35717 $0.000 -$0.319 -$0.23 0.00423 -0.028 0.0043 0.0030 $0.06 -$0.62330 $0.000 -$0.562 -$0.40 0.22 0.22 0.00349 0.002 0.0038 $0.00

$0.47 -$3.30652 $0.000 -$2.841 -$1.89 0.00515 -0.012 0.0054 0.0036 $0.08 -$0.35466 -$0.001 -$0.277 -$0.18 0.00843 -0.055 0.0085 0.0057 $0.12 -$0.61891 -$0.001 -$0.496 -$0.33 0.23 0.45 0.00702 0.004 0.0076 0.0051

$0.70 -$3.25742 $0.000 -$2.559 -$1.59 0.00768 -0.018 0.0081 0.0051 $0.12 -$0.34939 -$0.001 -$0.234 -$0.15 0.01257 -0.082 0.0129 0.0080 $0.18 -$0.60972 -$0.001 -$0.426 -$0.27 0.23 0.68 0.01057 0.006 0.0114 0.0071

$0.93 -$3.21181 $0.000 -$2.279 -$1.33 0.01017 -0.024 0.0108 0.0063 $0.16 -$0.34450 -$0.001 -$0.190 -$0.11 0.01665 -0.109 0.0171 0.0100 $0.25 -$0.60119 -$0.001 -$0.355 -$0.21 0.23 0.91 0.01412 0.008 0.0153 0.0089

$1.17 -$3.18262 $0.000 -$2.014 -$1.10 0.01264 -0.030 0.0134 0.0073 $0.19 -$0.34137 -$0.001 -$0.148 -$0.08 0.02069 -0.135 0.0213 0.0116 $0.31 -$0.59572 -$0.001 -$0.288 -$0.16 0.23 1.14 0.01768 0.010 0.0191 0.0104

$1.41 -$3.16087 $0.000 -$1.752 -$0.89 0.01509 -0.035 0.0160 0.0081 $0.23 -$0.33904 -$0.001 -$0.106 -$0.05 0.02470 -0.161 0.0255 0.0130 $0.37 -$0.59165 -$0.002 -$0.221 -$0.11 0.23 1.37 0.02126 0.012 0.0230 0.0117

$1.65 -$3.13851 $0.000 -$1.491 -$0.71 0.01748 -0.041 0.0186 0.0088 $0.27 -$0.33664 -$0.002 -$0.064 -$0.03 0.02861 -0.187 0.0295 0.0140 $0.44 -$0.58747 -$0.002 -$0.154 -$0.07 0.23 1.60 0.02479 0.014 0.0268 0.0128

$1.89 -$3.13492 $0.000 -$1.247 -$0.55 0.01973 -0.046 0.0210 0.0093 $0.31 -$0.33625 -$0.002 -$0.024 -$0.01 0.03229 -0.211 0.0333 0.0148 $0.50 -$0.58679 -$0.002 -$0.090 -$0.04 0.23 1.81 0.02819 0.016 0.0306 0.0136

$2.09 -$3.14964 -$0.099 -$1.159 -$0.48 0.02180 -0.051 0.0232 0.0096 $0.35 -$0.33783 $0.005 $0.015 $0.01 0.03568 -0.233 0.0369 0.0153 $0.55 -$0.58955 $0.003 -$0.035 -$0.01 0.24 2.02 0.03136 0.018 0.0341 0.0141

$2.25 -$3.17816 -$0.098 -$1.025 -$0.40 0.02366 -0.055 0.0253 0.0098 $0.37 -$0.34089 $0.004 $0.038 $0.01 0.03872 -0.253 0.0402 0.0156 $0.59 -$0.59489 $0.002 $0.002 $0.00 0.24 2.21 0.03426 0.020 0.0374 0.0145

$2.43 -$3.21708 -$0.096 -$0.886 -$0.32 0.02528 -0.059 0.0271 0.0098 $0.40 -$0.34507 $0.004 $0.062 $0.02 0.04138 -0.270 0.0432 0.0156 $0.64 -$0.60217 $0.002 $0.041 $0.01 0.25 2.37 0.03686 0.022 0.0403 0.0146

$2.60 -$3.25242 -$0.096 -$0.752 -$0.25 0.02668 -0.062 0.0286 0.0097 $0.43 -$0.34886 $0.004 $0.087 $0.03 0.04366 -0.285 0.0455 0.0154 $0.69 -$0.60879 $0.002 $0.079 $0.03 0.25 2.52 0.03915 0.023 0.0428 0.0145

$2.75 -$3.28033 -$0.095 -$0.624 -$0.20 0.02784 -0.065 0.0299 0.0095 $0.46 -$0.35185 $0.004 $0.109 $0.03 0.04556 -0.298 0.0476 0.0151 $0.73 -$0.61401 $0.002 $0.114 $0.04 0.25 2.65 0.04115 0.025 0.0450 0.0142

$2.90 -$3.30064 -$0.094 -$0.496 -$0.15 0.02879 -0.067 0.0309 0.0091 $0.48 -$0.35403 $0.004 $0.131 $0.04 0.04712 -0.308 0.0491 0.0145 $0.76 -$0.61781 $0.002 $0.149 $0.04 0.26 2.76 0.04287 0.026 0.0468 0.0138

$3.03 -$3.32070 -$0.094 -$0.380 -$0.11 0.02956 -0.069 0.0317 0.0088 $0.50 -$0.35618 $0.005 $0.151 $0.04 0.04838 -0.316 0.0506 0.0140 $0.80 -$0.62157 $0.003 $0.181 $0.05 0.26 2.86 0.04434 0.027 0.0484 0.0134

$3.16 -$3.34341 -$0.094 -$0.277 -$0.07 0.03018 -0.070 0.0324 0.0084 $0.52 -$0.35862 $0.005 $0.170 $0.04 0.04940 -0.323 0.0516 0.0133 $0.83 -$0.62582 $0.003 $0.210 $0.05 0.27 2.94 0.04562 0.028 0.0498 0.0129

$3.29 -$3.35633 -$0.095 -$0.160 -$0.04 0.03068 -0.072 0.0329 0.0079 $0.54 -$0.36000 $0.006 $0.190 $0.05 0.05021 -0.328 0.0525 0.0127 $0.87 -$0.62824 $0.004 $0.242 $0.06 0.27 3.01 0.04672 0.029 0.0510 0.0123

$3.37 -$3.36263 -$0.096 -$0.088 -$0.02 0.03108 -0.073 0.0333 0.0075 $0.56 -$0.36068 $0.006 $0.203 $0.05 0.05087 -0.332 0.0532 0.0120 $0.89 -$0.62942 $0.004 $0.262 $0.06 0.27 3.08 0.04768 0.030 0.0520 0.0117

$3.43 -$3.37470 -$0.097 -$0.039 -$0.01 0.03140 -0.073 0.0337 0.0071 $0.57 -$0.36197 $0.006 $0.212 $0.04 0.05140 -0.336 0.0537 0.0113 $0.90 -$0.63168 $0.004 $0.276 $0.06 0.27 3.13 0.04854 0.030 0.0529 0.0112

$3.52 -$3.39170 -$0.098 $0.026 $0.01 0.03168 -0.074 0.0340 0.0067 $0.58 -$0.36380 $0.006 $0.223 $0.04 0.05185 -0.339 0.0542 0.0107 $0.92 -$0.63486 $0.004 $0.294 $0.06 0.28 3.18 0.04931 0.031 0.0538 0.0106

$3.58 -$3.40960 -$0.099 $0.075 $0.01 0.03192 -0.075 0.0342 0.0063 $0.59 -$0.36572 $0.006 $0.232 $0.04 0.05224 -0.341 0.0546 0.0101 $0.94 -$0.63821 $0.004 $0.308 $0.06 0.28 3.23 0.05002 0.032 0.0545 0.0100

$3.65 -$3.43204 -$0.099 $0.121 $0.02 0.03214 -0.075 0.0344 0.0059 $0.60 -$0.36812 $0.006 $0.241 $0.04 0.05260 -0.343 0.0549 0.0095 $0.96 -$0.64241 $0.004 $0.322 $0.06 0.28 3.27 0.05068 0.033 0.0553 0.0095

$3.72 -$3.45651 -$0.100 $0.164 $0.03 0.03234 -0.075 0.0347 0.0056 $0.61 -$0.37075 $0.006 $0.250 $0.04 0.05294 -0.346 0.0553 0.0089 $0.98 -$0.64699 $0.004 $0.335 $0.05 0.28 3.31 0.05130 0.033 0.0559 0.0090

$3.79 -$3.48269 -$0.100 $0.206 $0.03 0.03255 -0.076 0.0349 0.0052 $0.62 -$0.37355 $0.006 $0.258 $0.04 0.05327 -0.348 0.0556 0.0084 $1.00 -$0.65189 $0.004 $0.348 $0.05 0.29 3.35 0.05190 0.034 0.0566 0.0085

$3.86 -$3.50997 -$0.101 $0.249 $0.03 0.03275 -0.076 0.0351 0.0049 $0.64 -$0.37648 $0.006 $0.266 $0.04 0.05360 -0.350 0.0560 0.0079 $1.01 -$0.65700 $0.004 $0.361 $0.05 0.29 3.39 0.05248 0.035 0.0572 0.0080

$3.93 -$3.53748 -$0.101 $0.292 $0.04 0.03295 -0.077 0.0353 0.0046 $0.65 -$0.37943 $0.006 $0.275 $0.04 0.05393 -0.352 0.0563 0.0074 $1.03 -$0.66215 $0.004 $0.374 $0.05 0.29 3.43 0.05304 0.035 0.0578 0.0076

$4.00 -$3.56444 -$0.101 $0.338 $0.04 0.03316 -0.077 0.0355 0.0044 $0.66 -$0.38232 $0.007 $0.284 $0.03 0.05427 -0.354 0.0567 0.0070 $1.05 -$0.66719 $0.004 $0.388 $0.05 0.30 3.47 0.05360 0.036 0.0584 0.0072

$4.08 -$3.59035 -$0.102 $0.386 $0.04 0.03337 -0.078 0.0358 0.0041 $0.67 -$0.38510 $0.007 $0.293 $0.03 0.05462 -0.357 0.0571 0.0065 $1.07 -$0.67204 $0.004 $0.403 $0.05 0.30 3.50 0.05414 0.037 0.0590 0.0068

$4.15 -$3.61517 -$0.103 $0.437 $0.05 0.03359 -0.078 0.0360 0.0039 $0.68 -$0.38776 $0.007 $0.303 $0.03 0.05498 -0.359 0.0574 0.0062 $1.09 -$0.67669 $0.005 $0.418 $0.04 0.30 3.54 0.05469 0.037 0.0596 0.0064

$4.23 -$3.63893 -$0.103 $0.491 $0.05 0.03381 -0.079 0.0362 0.0036 $0.70 -$0.39031 $0.007 $0.313 $0.03 0.05534 -0.361 0.0578 0.0058 $1.11 -$0.68114 $0.005 $0.434 $0.04 0.30 3.58 0.05522 0.038 0.0602 0.0060

$3.95 -$0.104 $3.849 $0.36 0.03119 -0.073 0.0334 0.0031 $0.65 $0.008 $0.658 $0.06 0.05106 -0.333 0.0533 0.0050 $1.04 $0.005 $1.042 $0.10 3.30 0.05102 0.035 0.0556 0.0052

$3.66 -$0.105 $3.558 $0.31 0.02856 -0.067 0.0306 0.0027 $0.60 $0.008 $0.610 $0.05 0.04675 -0.305 0.0488 0.0043 $0.96 $0.006 $0.966 $0.08 3.03 0.04678 0.032 0.0510 0.0045

$3.36 -$0.106 $3.258 $0.27 0.02591 -0.060 0.0278 0.0023 $0.55 $0.008 $0.561 $0.05 0.04241 -0.277 0.0443 0.0036 $0.88 $0.006 $0.888 $0.07 2.75 0.04250 0.030 0.0464 0.0038

$3.05 -$0.106 $2.948 $0.23 0.02325 -0.054 0.0249 0.0019 $0.50 $0.009 $0.511 $0.04 0.03805 -0.248 0.0397 0.0030 $0.80 $0.006 $0.807 $0.06 2.47 0.03817 0.027 0.0416 0.0032

$2.74 -$0.107 $2.628 $0.19 0.02057 -0.048 0.0220 0.0016 $0.45 $0.009 $0.458 $0.03 0.03366 -0.220 0.0352 0.0025 $0.72 $0.007 $0.723 $0.05 2.19 0.03381 0.024 0.0369 0.0026

$2.40 -$0.108 $2.297 $0.15 0.01787 -0.042 0.0191 0.0013 $0.39 $0.009 $0.404 $0.03 0.02924 -0.191 0.0305 0.0020 $0.63 $0.007 $0.637 $0.04 1.90 0.02940 0.021 0.0321 0.0021

$2.07 -$0.109 $1.963 $0.12 0.01520 -0.035 0.0163 0.0010 $0.34 $0.010 $0.350 $0.02 0.02488 -0.162 0.0260 0.0016 $0.54 $0.007 $0.550 $0.03 1.62 0.02503 0.018 0.0273 0.0017

$1.75 $0.000 $1.746 $0.10 0.01267 -0.030 0.0136 0.0008 $0.29 -$0.131 $0.155 $0.01 0.02073 -0.135 0.0217 0.0013 $0.46 -$0.134 $0.324 $0.02 1.35 0.02087 0.015 0.0228 0.0013

$1.44 $0.000 $1.441 $0.08 0.01032 -0.024 0.0111 0.0006 $0.24 -$0.001 $0.235 $0.01 0.01690 -0.110 0.0176 0.0010 $0.38 -$0.001 $0.376 $0.02 1.10 0.01702 0.012 0.0186 0.0010

$1.16 $0.000 $1.163 $0.06 0.00823 -0.019 0.0088 0.0004 $0.19 -$0.001 $0.190 $0.01 0.01347 -0.088 0.0141 0.0007 $0.30 -$0.001 $0.304 $0.02 0.88 0.01358 0.010 0.0148 0.0008

$0.92 $0.000 $0.918 $0.04 0.00642 -0.015 0.0069 0.0003 $0.15 -$0.001 $0.150 $0.01 0.01050 -0.069 0.0110 0.0005 $0.24 -$0.001 $0.239 $0.01 0.69 0.01059 0.007 0.0116 0.0005

$0.71 $0.000 $0.708 $0.03 0.00489 -0.011 0.0052 0.0002 $0.12 $0.000 $0.115 $0.01 0.00800 -0.052 0.0084 0.0004 $0.19 $0.000 $0.185 $0.01 0.52 0.00807 0.006 0.0088 0.0004

$0.53 $0.000 $0.533 $0.02 0.00364 -0.008 0.0039 0.0002 $0.09 $0.000 $0.087 $0.00 0.00596 -0.039 0.0062 0.0003 $0.14 $0.000 $0.139 $0.01 0.39 0.00601 0.004 0.0066 0.0003

$0.39 $0.000 $0.392 $0.02 0.00265 -0.006 0.0028 0.0001 $0.06 $0.000 $0.064 $0.00 0.00433 -0.028 0.0045 0.0002 $0.10 $0.000 $0.102 $0.00 0.28 0.00437 0.003 0.0048 0.0002

$0.28 $0.000 $0.282 $0.01 0.00188 -0.004 0.0020 0.0001 $0.05 $0.000 $0.046 $0.00 0.00308 -0.020 0.0032 0.0001 $0.07 $0.000 $0.074 $0.00 0.20 0.00311 0.002 0.0034 0.0001

$0.20 $0.000 $0.198 $0.01 0.00130 -0.003 0.0014 0.0000 $0.03 $0.000 $0.032 $0.00 0.00213 -0.014 0.0022 0.0001 $0.05 $0.000 $0.052 $0.00 0.14 0.00216 0.002 0.0024 0.0001

$0.14 $0.000 $0.136 $0.00 0.00088 -0.002 0.0009 0.0000 $0.02 $0.000 $0.022 $0.00 0.00145 -0.009 0.0015 0.0000 $0.04 $0.000 $0.035 $0.00 0.09 0.00146 0.001 0.0016 0.0001

$0.09 $0.000 $0.091 $0.00 0.00058 -0.001 0.0006 0.0000 $0.01 $0.000 $0.015 $0.00 0.00096 -0.006 0.0010 0.0000 $0.02 $0.000 $0.024 $0.00 0.06 0.00097 0.001 0.0011 0.0000

$0.06 $0.000 $0.059 $0.00 0.00038 -0.001 0.0004 0.0000 $0.01 $0.000 $0.010 $0.00 0.00062 -0.004 0.0006 0.0000 $0.02 $0.000 $0.015 $0.00 0.04 0.00062 0.000 0.0007 0.0000

$0.04 $0.000 $0.038 $0.00 0.00024 -0.001 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00 0.00039 -0.003 0.0004 0.0000 $0.01 $0.000 $0.010 $0.00 0.03 0.00039 0.000 0.0004 0.0000

$0.02 $0.000 $0.023 $0.00 0.00015 0.000 0.0002 0.0000 $0.00 $0.000 $0.004 $0.00 0.00024 -0.002 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.02 0.00024 0.000 0.0003 0.0000

$0.01 $0.000 $0.014 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00014 -0.001 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.01 0.00014 0.000 0.0002 0.0000

$0.01 $0.000 $0.008 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00 0.00008 -0.001 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.01 0.00008 0.000 0.0001 0.0000

$0.00 $0.000 $0.005 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00 0.00005 0.000 0.0001 0.0000

$0.00 $0.000 $0.003 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00 0.00000 0.000 0.0000 0.0000

$0.00 $0.000 $0.001 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000

$0.00 $0.000 $0.001 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000

Efficiency Level 6

Net Present Value Energy Savings

Efficiency Level 1

Fuel Switching Effects

Efficiency Level 8w

Energy Savings Net Present Value

Efficiency Level 7w

Energy Savings Net Present Value
Energy 

Cost

Equipment 

Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Discounte

d Primary 

Demand

Energy 

Cost

Equipment 

Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Discounte

d Primary 

Demand

Energy 

Cost

Equipment 

Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Quads TWh Quads

1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 3 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4

$0.05 $0.31563 -$0.002 $0.361 $0.26 0.21 0.21 0.00316 0.003 0.0034 0.0025 $0.04 $0.29488 -$0.002 $0.336 $0.24 0.40 0.40 0.00596 0.028 0.0067 0.0048 $0.08 $0.56037 -$0.004 $0.639 $0.46 0.39 0.39 0.00562 0.027 0.0063

$0.10 $0.31934 -$0.005 $0.411 $0.27 0.21 0.42 0.00637 0.006 0.0069 0.0046 $0.09 $0.29836 -$0.004 $0.382 $0.25 0.41 0.81 0.01198 0.056 0.0135 0.0090 $0.17 $0.56696 -$0.008 $0.728 $0.48 0.39 0.78 0.01130 0.053 0.0127

$0.15 $0.32095 -$0.007 $0.460 $0.29 0.21 0.63 0.00958 0.008 0.0104 0.0065 $0.13 $0.29986 -$0.007 $0.426 $0.27 0.41 1.22 0.01803 0.084 0.0202 0.0126 $0.26 $0.56981 -$0.013 $0.813 $0.51 0.40 1.18 0.01701 0.080 0.0190

$0.20 $0.32157 -$0.009 $0.509 $0.30 0.21 0.84 0.01280 0.011 0.0139 0.0081 $0.18 $0.30045 -$0.009 $0.470 $0.27 0.41 1.63 0.02409 0.113 0.0268 0.0156 $0.34 $0.57091 -$0.017 $0.899 $0.52 0.40 1.58 0.02273 0.108 0.0253

$0.25 $0.32251 -$0.012 $0.559 $0.30 0.21 1.06 0.01604 0.014 0.0174 0.0095 $0.23 $0.30133 -$0.011 $0.515 $0.28 0.41 2.04 0.03017 0.141 0.0336 0.0183 $0.43 $0.57258 -$0.021 $0.986 $0.54 0.40 1.98 0.02846 0.135 0.0317

$0.30 $0.32401 -$0.014 $0.611 $0.31 0.21 1.27 0.01928 0.017 0.0209 0.0106 $0.27 $0.30273 -$0.013 $0.563 $0.29 0.41 2.45 0.03628 0.170 0.0404 0.0205 $0.53 $0.57524 -$0.026 $1.077 $0.55 0.40 2.38 0.03422 0.162 0.0381

$0.35 $0.32641 -$0.017 $0.664 $0.32 0.22 1.48 0.02249 0.020 0.0244 0.0116 $0.32 $0.30495 -$0.015 $0.611 $0.29 0.42 2.86 0.04232 0.198 0.0471 0.0224 $0.62 $0.57950 -$0.030 $1.170 $0.56 0.40 2.77 0.03991 0.189 0.0444

$0.41 $0.32979 -$0.019 $0.720 $0.32 0.22 1.68 0.02557 0.023 0.0278 0.0123 $0.37 $0.30808 -$0.018 $0.661 $0.29 0.42 3.25 0.04811 0.225 0.0536 0.0238 $0.72 $0.58550 -$0.034 $1.267 $0.56 0.41 3.15 0.04538 0.215 0.0506

$0.46 $0.33411 -$0.016 $0.774 $0.32 0.22 1.87 0.02845 0.026 0.0310 0.0129 $0.41 $0.31211 -$0.015 $0.710 $0.29 0.43 3.62 0.05353 0.250 0.0598 0.0248 $0.80 $0.59318 -$0.019 $1.372 $0.57 0.41 3.51 0.05049 0.239 0.0564

$0.49 $0.33929 -$0.018 $0.816 $0.32 0.22 2.05 0.03108 0.028 0.0340 0.0132 $0.45 $0.31693 -$0.017 $0.749 $0.29 0.43 3.96 0.05849 0.273 0.0656 0.0255 $0.87 $0.60236 -$0.022 $1.446 $0.56 0.42 3.83 0.05517 0.261 0.0619

$0.54 $0.34506 -$0.020 $0.862 $0.31 0.23 2.20 0.03343 0.030 0.0366 0.0133 $0.49 $0.32232 -$0.018 $0.791 $0.29 0.44 4.26 0.06292 0.294 0.0706 0.0256 $0.94 $0.61262 -$0.025 $1.526 $0.55 0.43 4.12 0.05936 0.281 0.0666

$0.58 $0.35112 -$0.021 $0.907 $0.31 0.23 2.34 0.03551 0.032 0.0389 0.0132 $0.52 $0.32796 -$0.020 $0.831 $0.28 0.45 4.52 0.06684 0.313 0.0750 0.0254 $1.01 $0.62337 -$0.028 $1.605 $0.54 0.43 4.38 0.06305 0.298 0.0707

$0.62 $0.35717 -$0.023 $0.950 $0.30 0.24 2.46 0.03732 0.034 0.0409 0.0129 $0.56 $0.33359 -$0.021 $0.871 $0.28 0.46 4.76 0.07024 0.329 0.0788 0.0249 $1.08 $0.63411 -$0.030 $1.680 $0.53 0.44 4.60 0.06626 0.314 0.0743

$0.65 $0.36297 -$0.024 $0.992 $0.29 0.24 2.56 0.03888 0.036 0.0425 0.0126 $0.59 $0.33899 -$0.022 $0.908 $0.27 0.46 4.96 0.07318 0.342 0.0820 0.0242 $1.14 $0.64441 -$0.032 $1.753 $0.52 0.45 4.80 0.06904 0.327 0.0773

$0.69 $0.36834 -$0.025 $1.031 $0.29 0.24 2.65 0.04022 0.037 0.0440 0.0122 $0.62 $0.34398 -$0.023 $0.944 $0.26 0.47 5.13 0.07571 0.354 0.0846 0.0234 $1.20 $0.65395 -$0.034 $1.822 $0.50 0.45 4.96 0.07142 0.338 0.0798

$0.72 $0.37316 -$0.026 $1.068 $0.28 0.25 2.73 0.04137 0.038 0.0452 0.0117 $0.65 $0.34847 -$0.024 $0.978 $0.25 0.48 5.28 0.07788 0.364 0.0870 0.0225 $1.26 $0.66250 -$0.035 $1.887 $0.49 0.46 5.11 0.07348 0.348 0.0821

$0.76 $0.37743 -$0.026 $1.106 $0.27 0.25 2.79 0.04237 0.039 0.0463 0.0112 $0.68 $0.35245 -$0.024 $1.013 $0.24 0.48 5.41 0.07977 0.373 0.0891 0.0215 $1.32 $0.67009 -$0.036 $1.953 $0.47 0.47 5.23 0.07526 0.356 0.0841

$0.78 $0.38127 -$0.027 $1.133 $0.26 0.25 2.85 0.04324 0.040 0.0473 0.0107 $0.71 $0.35602 -$0.025 $1.037 $0.23 0.49 5.52 0.08142 0.381 0.0909 0.0205 $1.36 $0.67691 -$0.037 $2.001 $0.45 0.47 5.34 0.07682 0.364 0.0858

$0.80 $0.38485 -$0.027 $1.156 $0.24 0.25 2.90 0.04402 0.041 0.0481 0.0101 $0.72 $0.35935 -$0.025 $1.058 $0.22 0.49 5.62 0.08289 0.388 0.0925 0.0195 $1.40 $0.68326 -$0.038 $2.041 $0.43 0.48 5.44 0.07821 0.370 0.0873

$0.82 $0.38834 -$0.028 $1.184 $0.23 0.26 2.95 0.04472 0.042 0.0489 0.0096 $0.75 $0.36260 -$0.026 $1.083 $0.21 0.50 5.71 0.08421 0.394 0.0941 0.0185 $1.44 $0.68946 -$0.038 $2.089 $0.41 0.48 5.53 0.07946 0.376 0.0888

$0.84 $0.39188 -$0.028 $1.208 $0.22 0.26 2.99 0.04536 0.043 0.0495 0.0091 $0.77 $0.36590 -$0.026 $1.105 $0.20 0.50 5.79 0.08542 0.400 0.0953 0.0176 $1.47 $0.69574 -$0.039 $2.132 $0.39 0.48 5.61 0.08060 0.382 0.0900

$0.87 $0.39553 -$0.029 $1.233 $0.21 0.26 3.04 0.04596 0.044 0.0502 0.0086 $0.78 $0.36931 -$0.026 $1.128 $0.19 0.50 5.87 0.08656 0.405 0.0966 0.0166 $1.51 $0.70223 -$0.039 $2.174 $0.37 0.49 5.68 0.08167 0.387 0.0912

$0.89 $0.39933 -$0.029 $1.257 $0.20 0.26 3.07 0.04652 0.045 0.0508 0.0082 $0.80 $0.37286 -$0.027 $1.150 $0.19 0.51 5.95 0.08763 0.410 0.0978 0.0157 $1.55 $0.70897 -$0.040 $2.217 $0.36 0.49 5.76 0.08269 0.392 0.0923

$0.91 $0.40329 -$0.029 $1.282 $0.19 0.27 3.11 0.04707 0.045 0.0514 0.0077 $0.82 $0.37655 -$0.027 $1.172 $0.18 0.51 6.02 0.08865 0.415 0.0990 0.0149 $1.58 $0.71600 -$0.040 $2.260 $0.34 0.50 5.83 0.08366 0.396 0.0934

$0.93 $0.40740 -$0.030 $1.306 $0.18 0.27 3.15 0.04759 0.046 0.0520 0.0073 $0.84 $0.38038 -$0.027 $1.194 $0.17 0.52 6.09 0.08965 0.420 0.1001 0.0141 $1.62 $0.72329 -$0.041 $2.303 $0.32 0.50 5.89 0.08460 0.401 0.0945

$0.95 $0.41156 -$0.030 $1.331 $0.17 0.27 3.18 0.04810 0.047 0.0526 0.0069 $0.86 $0.38427 -$0.028 $1.217 $0.16 0.52 6.15 0.09062 0.424 0.1011 0.0133 $1.66 $0.73069 -$0.041 $2.346 $0.31 0.51 5.96 0.08552 0.405 0.0955

$0.97 $0.41573 -$0.030 $1.356 $0.17 0.27 3.21 0.04861 0.048 0.0531 0.0065 $0.88 $0.38815 -$0.028 $1.240 $0.15 0.53 6.22 0.09157 0.429 0.1022 0.0125 $1.69 $0.73807 -$0.042 $2.390 $0.29 0.51 6.02 0.08642 0.410 0.0965

$0.99 $0.41982 -$0.031 $1.381 $0.16 0.28 3.25 0.04910 0.048 0.0536 0.0062 $0.90 $0.39197 -$0.028 $1.263 $0.14 0.54 6.29 0.09251 0.433 0.1033 0.0118 $1.73 $0.74535 -$0.042 $2.434 $0.28 0.52 6.08 0.08731 0.414 0.0975

$1.01 $0.00000 -$0.031 $0.983 $0.11 0.28 3.28 0.04959 0.049 0.0542 0.0058 $0.92 $0.39572 -$0.029 $1.286 $0.14 0.54 6.35 0.09344 0.438 0.1043 0.0112 $1.77 $0.75248 -$0.043 $2.478 $0.27 0.52 6.15 0.08819 0.418 0.0985

$1.04 $0.00000 -$0.031 $1.004 $0.10 0.28 3.31 0.05008 0.050 0.0547 0.0055 $0.94 $0.39939 -$0.029 $1.309 $0.13 0.55 6.41 0.09436 0.442 0.1053 0.0106 $1.81 $0.75947 -$0.043 $2.523 $0.25 0.53 6.21 0.08907 0.422 0.0994

$0.97 -$0.028 $0.940 $0.09 3.06 0.04627 0.046 0.0506 0.0047 $0.88 -$0.026 $0.851 $0.08 5.93 0.08719 0.409 0.0973 0.0091 $1.69 -$0.038 $1.651 $0.15 5.74 0.08230 0.390 0.0919

$0.90 -$0.025 $0.873 $0.08 2.81 0.04243 0.043 0.0464 0.0041 $0.81 -$0.023 $0.790 $0.07 5.44 0.07995 0.375 0.0892 0.0078 $1.57 -$0.032 $1.534 $0.13 5.26 0.07546 0.358 0.0843

$0.83 -$0.022 $0.803 $0.07 2.55 0.03854 0.039 0.0421 0.0034 $0.75 -$0.021 $0.727 $0.06 4.94 0.07263 0.340 0.0811 0.0066 $1.44 -$0.027 $1.412 $0.12 4.78 0.06856 0.325 0.0765

$0.75 -$0.019 $0.731 $0.06 2.29 0.03462 0.035 0.0378 0.0029 $0.68 -$0.018 $0.662 $0.05 4.44 0.06524 0.306 0.0728 0.0056 $1.31 -$0.021 $1.286 $0.10 4.29 0.06158 0.292 0.0688

$0.67 -$0.016 $0.656 $0.05 2.03 0.03066 0.031 0.0335 0.0024 $0.61 -$0.015 $0.594 $0.04 3.93 0.05778 0.271 0.0645 0.0046 $1.17 -$0.016 $1.156 $0.08 3.80 0.05454 0.259 0.0609

$0.59 -$0.013 $0.578 $0.04 1.77 0.02666 0.027 0.0291 0.0019 $0.54 -$0.012 $0.523 $0.03 3.42 0.05024 0.235 0.0561 0.0037 $1.03 -$0.010 $1.020 $0.07 3.31 0.04742 0.225 0.0529

$0.51 -$0.010 $0.499 $0.03 1.50 0.02270 0.023 0.0248 0.0015 $0.46 -$0.009 $0.452 $0.03 2.91 0.04278 0.201 0.0478 0.0030 $0.89 -$0.005 $0.883 $0.06 2.82 0.04038 0.192 0.0451

$0.43 -$0.007 $0.422 $0.02 1.25 0.01893 0.019 0.0207 0.0012 $0.39 -$0.007 $0.382 $0.02 2.43 0.03566 0.167 0.0398 0.0023 $0.75 -$0.025 $0.723 $0.04 2.35 0.03367 0.160 0.0376

$0.35 -$0.012 $0.343 $0.02 1.02 0.01544 0.016 0.0169 0.0009 $0.32 -$0.011 $0.310 $0.02 1.98 0.02909 0.136 0.0325 0.0018 $0.62 -$0.021 $0.597 $0.03 1.92 0.02746 0.130 0.0307

$0.29 -$0.009 $0.277 $0.01 0.82 0.01231 0.013 0.0135 0.0007 $0.26 -$0.009 $0.251 $0.01 1.58 0.02321 0.109 0.0259 0.0013 $0.50 -$0.016 $0.482 $0.02 1.53 0.02191 0.104 0.0245

$0.23 -$0.007 $0.219 $0.01 0.64 0.00960 0.010 0.0105 0.0005 $0.20 -$0.007 $0.198 $0.01 1.23 0.01810 0.085 0.0202 0.0010 $0.39 -$0.013 $0.380 $0.02 1.19 0.01709 0.081 0.0191

$0.17 -$0.005 $0.169 $0.01 0.49 0.00732 0.007 0.0080 0.0004 $0.16 -$0.005 $0.153 $0.01 0.94 0.01380 0.065 0.0154 0.0007 $0.30 -$0.010 $0.293 $0.01 0.91 0.01302 0.062 0.0145

$0.13 -$0.004 $0.127 $0.01 0.36 0.00545 0.006 0.0060 0.0002 $0.12 -$0.004 $0.115 $0.00 0.70 0.01028 0.048 0.0115 0.0005 $0.23 -$0.007 $0.221 $0.01 0.68 0.00970 0.046 0.0108

$0.10 -$0.003 $0.094 $0.00 0.26 0.00397 0.004 0.0043 0.0002 $0.09 -$0.003 $0.085 $0.00 0.51 0.00748 0.035 0.0083 0.0003 $0.17 -$0.005 $0.163 $0.01 0.49 0.00706 0.033 0.0079

$0.07 -$0.002 $0.067 $0.00 0.19 0.00282 0.003 0.0031 0.0001 $0.06 -$0.002 $0.061 $0.00 0.36 0.00531 0.025 0.0059 0.0002 $0.12 -$0.004 $0.117 $0.00 0.35 0.00501 0.024 0.0056

$0.05 -$0.001 $0.047 $0.00 0.13 0.00196 0.002 0.0021 0.0001 $0.04 -$0.001 $0.043 $0.00 0.25 0.00369 0.017 0.0041 0.0001 $0.08 -$0.003 $0.082 $0.00 0.24 0.00348 0.017 0.0039

$0.03 -$0.001 $0.032 $0.00 0.09 0.00132 0.001 0.0014 0.0000 $0.03 -$0.001 $0.029 $0.00 0.17 0.00250 0.012 0.0028 0.0001 $0.06 -$0.002 $0.056 $0.00 0.16 0.00236 0.011 0.0026

$0.02 -$0.001 $0.022 $0.00 0.06 0.00088 0.001 0.0010 0.0000 $0.02 -$0.001 $0.020 $0.00 0.11 0.00165 0.008 0.0018 0.0001 $0.04 -$0.001 $0.038 $0.00 0.11 0.00156 0.007 0.0017

$0.01 $0.000 $0.014 $0.00 0.04 0.00057 0.001 0.0006 0.0000 $0.01 $0.000 $0.013 $0.00 0.07 0.00106 0.005 0.0012 0.0000 $0.03 -$0.001 $0.025 $0.00 0.07 0.00101 0.005 0.0011

$0.01 $0.000 $0.009 $0.00 0.02 0.00036 0.000 0.0004 0.0000 $0.01 $0.000 $0.008 $0.00 0.05 0.00067 0.003 0.0007 0.0000 $0.02 $0.000 $0.016 $0.00 0.04 0.00063 0.003 0.0007

$0.01 $0.000 $0.006 $0.00 0.01 0.00022 0.000 0.0002 0.0000 $0.01 $0.000 $0.005 $0.00 0.03 0.00041 0.002 0.0005 0.0000 $0.01 $0.000 $0.010 $0.00 0.03 0.00039 0.002 0.0004

$0.00 $0.000 $0.003 $0.00 0.01 0.00013 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.02 0.00025 0.001 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00 0.02 0.00023 0.001 0.0003

$0.00 $0.000 $0.002 $0.00 0.01 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.01 0.00014 0.001 0.0002 0.0000 $0.00 $0.000 $0.003 $0.00 0.01 0.00014 0.001 0.0002

$0.00 $0.000 $0.001 $0.00 0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.01 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.01 0.00008 0.000 0.0001

$0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000

$0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000

Energy Savings Energy Savings

Efficiency Level 1

Net Present Value Net Present Value

Fuel Switching 

Effects

Net Present Value

Fuel Switching Efficiency Level 2 Efficiency Level 3

Effects

Energy Savings

Fuel Switching 

Effects
Discounte

d Primary 

Demand

Energy 

Cost

Equipment 

Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Discounte

d Primary 

Demand

Energy 

Cost

Equipmen

t Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Shipments Affected 

Stock

Gas 

Demand

Elec 

Demand

Primary 

Energy

Discounte

d Primary 

Demand

Energy 

Cost

Equipment 

Cost

Maintenan

ce and 

Repair 

Cost

Net

Net 

Present 

Value

Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

4 4 4 4 4 4 5 5 5 5 5 5 5 5 5 5 5 6 6 6 6 6 6 6 6 6 6 6

0.0045 $0.08 $0.54763 -$0.004 $0.622 $0.44 0.37 0.37 0.00513 0.025 0.0058 0.0041 $0.07 $0.52600 -$0.004 $0.593 $0.42 0.00 0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.008 $0.000 $0.008 $0.01

0.0085 $0.16 $0.55407 -$0.008 $0.705 $0.47 0.37 0.74 0.01032 0.050 0.0116 0.0077 $0.14 $0.53218 -$0.008 $0.669 $0.45 0.00 0.01 0.00009 0.000 0.0001 0.0001 $0.00 $0.008 $0.000 $0.009 $0.01

0.0118 $0.24 $0.55686 -$0.012 $0.786 $0.49 0.37 1.12 0.01553 0.075 0.0174 0.0108 $0.22 $0.53485 -$0.012 $0.742 $0.46 0.00 0.01 0.00014 0.001 0.0002 0.0001 $0.00 $0.008 $0.000 $0.010 $0.01

0.0147 $0.32 $0.55793 -$0.016 $0.867 $0.50 0.38 1.49 0.02075 0.100 0.0231 0.0135 $0.29 $0.53589 -$0.016 $0.815 $0.47 0.00 0.02 0.00019 0.001 0.0002 0.0001 $0.00 $0.008 $0.000 $0.010 $0.01

0.0172 $0.41 $0.55956 -$0.020 $0.949 $0.52 0.38 1.87 0.02599 0.125 0.0289 0.0157 $0.37 $0.53745 -$0.020 $0.890 $0.48 0.00 0.02 0.00024 0.001 0.0003 0.0001 $0.00 $0.008 $0.000 $0.011 $0.01

0.0194 $0.50 $0.56216 -$0.024 $1.035 $0.53 0.38 2.24 0.03125 0.150 0.0348 0.0177 $0.45 $0.53995 -$0.023 $0.968 $0.49 0.00 0.02 0.00028 0.001 0.0003 0.0002 $0.00 $0.008 $0.000 $0.012 $0.01

0.0211 $0.58 $0.56633 -$0.028 $1.123 $0.53 0.38 2.62 0.03645 0.175 0.0406 0.0193 $0.53 $0.54395 -$0.027 $1.048 $0.50 0.00 0.03 0.00033 0.002 0.0004 0.0002 $0.00 $0.008 $0.000 $0.012 $0.01

0.0225 $0.67 $0.57219 -$0.031 $1.214 $0.54 0.38 2.98 0.04144 0.199 0.0462 0.0205 $0.61 $0.54958 -$0.031 $1.130 $0.50 0.00 0.03 0.00038 0.002 0.0004 0.0002 $0.01 $0.008 $0.000 $0.013 $0.01

0.0234 $0.75 $0.57969 -$0.017 $1.313 $0.54 0.39 3.31 0.04611 0.222 0.0516 0.0214 $0.68 $0.55679 -$0.017 $1.222 $0.51 0.00 0.03 0.00042 0.002 0.0005 0.0002 $0.01 $0.008 $0.000 $0.014 $0.01

0.0240 $0.81 $0.58867 -$0.020 $1.383 $0.54 0.40 3.62 0.05038 0.242 0.0566 0.0219 $0.74 $0.56541 -$0.020 $1.286 $0.50 0.00 0.04 0.00046 0.002 0.0005 0.0002 $0.01 $0.008 $0.000 $0.015 $0.01

0.0241 $0.88 $0.59869 -$0.023 $1.458 $0.53 0.40 3.90 0.05421 0.260 0.0608 0.0221 $0.80 $0.57504 -$0.023 $1.355 $0.49 0.00 0.04 0.00049 0.003 0.0006 0.0002 $0.01 $0.008 $0.000 $0.015 $0.01

0.0240 $0.95 $0.60920 -$0.026 $1.533 $0.52 0.41 4.14 0.05758 0.277 0.0646 0.0219 $0.86 $0.58513 -$0.026 $1.423 $0.48 0.00 0.04 0.00052 0.003 0.0006 0.0002 $0.01 $0.008 $0.000 $0.016 $0.01

0.0235 $1.01 $0.61969 -$0.028 $1.604 $0.51 0.42 4.35 0.06052 0.291 0.0679 0.0215 $0.92 $0.59521 -$0.028 $1.488 $0.47 0.00 0.04 0.00055 0.003 0.0006 0.0002 $0.01 $0.009 $0.000 $0.017 $0.01

0.0229 $1.07 $0.62976 -$0.030 $1.673 $0.49 0.42 4.53 0.06305 0.303 0.0707 0.0209 $0.98 $0.60488 -$0.030 $1.551 $0.46 0.00 0.05 0.00057 0.003 0.0006 0.0002 $0.01 $0.009 $0.000 $0.017 $0.01

0.0221 $1.13 $0.63908 -$0.031 $1.738 $0.48 0.43 4.69 0.06523 0.314 0.0729 0.0202 $1.03 $0.61383 -$0.031 $1.611 $0.45 0.00 0.05 0.00059 0.003 0.0007 0.0002 $0.01 $0.009 $0.000 $0.018 $0.00

0.0212 $1.18 $0.64744 -$0.032 $1.800 $0.47 0.44 4.83 0.06711 0.323 0.0750 0.0194 $1.08 $0.62186 -$0.032 $1.667 $0.43 0.00 0.05 0.00061 0.003 0.0007 0.0002 $0.01 $0.009 $0.000 $0.018 $0.00

0.0203 $1.24 $0.65485 -$0.033 $1.862 $0.45 0.44 4.94 0.06874 0.330 0.0768 0.0186 $1.13 $0.62898 -$0.033 $1.725 $0.42 0.00 0.05 0.00062 0.003 0.0007 0.0002 $0.01 $0.009 $0.000 $0.019 $0.00

0.0194 $1.28 $0.66152 -$0.034 $1.907 $0.43 0.44 5.05 0.07017 0.337 0.0784 0.0177 $1.16 $0.63538 -$0.034 $1.766 $0.40 0.00 0.05 0.00064 0.003 0.0007 0.0002 $0.01 $0.009 $0.000 $0.019 $0.00

0.0184 $1.31 $0.66772 -$0.035 $1.946 $0.41 0.45 5.14 0.07144 0.343 0.0798 0.0168 $1.19 $0.64134 -$0.035 $1.801 $0.38 0.00 0.05 0.00065 0.003 0.0007 0.0002 $0.01 $0.009 $0.000 $0.020 $0.00

0.0175 $1.35 $0.67378 -$0.035 $1.991 $0.39 0.45 5.22 0.07259 0.349 0.0812 0.0160 $1.23 $0.64716 -$0.035 $1.843 $0.36 0.00 0.05 0.00066 0.003 0.0007 0.0001 $0.01 $0.009 $0.000 $0.020 $0.00

0.0166 $1.39 $0.67992 -$0.036 $2.031 $0.37 0.46 5.30 0.07364 0.354 0.0823 0.0152 $1.26 $0.65306 -$0.036 $1.880 $0.35 0.00 0.05 0.00067 0.003 0.0007 0.0001 $0.01 $0.009 $0.000 $0.020 $0.00

0.0157 $1.42 $0.68626 -$0.036 $2.072 $0.36 0.46 5.37 0.07462 0.359 0.0833 0.0144 $1.29 $0.65915 -$0.036 $1.917 $0.33 0.00 0.05 0.00068 0.003 0.0008 0.0001 $0.01 $0.010 $0.000 $0.021 $0.00

0.0149 $1.46 $0.69285 -$0.037 $2.112 $0.34 0.47 5.44 0.07555 0.363 0.0844 0.0136 $1.33 $0.66548 -$0.036 $1.954 $0.31 0.00 0.06 0.00069 0.003 0.0008 0.0001 $0.01 $0.010 $0.000 $0.021 $0.00

0.0140 $1.49 $0.69972 -$0.037 $2.153 $0.32 0.47 5.50 0.07644 0.368 0.0854 0.0128 $1.36 $0.67208 -$0.037 $1.992 $0.30 0.00 0.06 0.00069 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.021 $0.00

0.0133 $1.52 $0.70684 -$0.038 $2.194 $0.31 0.48 5.57 0.07730 0.372 0.0863 0.0121 $1.39 $0.67892 -$0.037 $2.029 $0.29 0.00 0.06 0.00070 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.022 $0.00

0.0125 $1.56 $0.71407 -$0.038 $2.235 $0.29 0.48 5.63 0.07815 0.376 0.0873 0.0115 $1.42 $0.68586 -$0.038 $2.067 $0.27 0.00 0.06 0.00071 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.022 $0.00

0.0118 $1.59 $0.72129 -$0.039 $2.276 $0.28 0.48 5.69 0.07897 0.380 0.0882 0.0108 $1.45 $0.69280 -$0.038 $2.105 $0.26 0.00 0.06 0.00072 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.023 $0.00

0.0112 $1.63 $0.72840 -$0.039 $2.318 $0.27 0.49 5.75 0.07979 0.384 0.0891 0.0102 $1.48 $0.69962 -$0.039 $2.144 $0.25 0.00 0.06 0.00073 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.023 $0.00

0.0106 $1.66 $0.73538 -$0.039 $2.360 $0.25 0.49 5.81 0.08060 0.388 0.0900 0.0097 $1.51 $0.70632 -$0.039 $2.182 $0.23 0.01 0.06 0.00073 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.023 $0.00

0.0100 $1.70 $0.74220 -$0.040 $2.402 $0.24 0.50 5.87 0.08140 0.392 0.0909 0.0091 $1.55 $0.71288 -$0.039 $2.221 $0.22 0.01 0.06 0.00074 0.004 0.0008 0.0001 $0.01 $0.010 $0.000 $0.024 $0.00

0.0086 $1.59 -$0.035 $1.554 $0.15 5.42 0.07522 0.362 0.0840 0.0079 $1.45 -$0.035 $1.412 $0.13 0.06 0.00068 0.003 0.0008 0.0001 $0.01 $0.000 $0.013 $0.00

0.0074 $1.47 -$0.030 $1.444 $0.13 4.97 0.06897 0.332 0.0770 0.0067 $1.34 -$0.030 $1.312 $0.11 0.05 0.00063 0.003 0.0007 0.0001 $0.01 $0.000 $0.012 $0.00

0.0063 $1.35 -$0.025 $1.330 $0.11 4.52 0.06266 0.302 0.0700 0.0057 $1.23 -$0.025 $1.209 $0.10 0.05 0.00057 0.003 0.0006 0.0001 $0.01 $0.000 $0.011 $0.00

0.0053 $1.23 -$0.020 $1.211 $0.09 4.06 0.05629 0.271 0.0629 0.0048 $1.12 -$0.020 $1.101 $0.08 0.04 0.00051 0.003 0.0006 0.0000 $0.01 $0.000 $0.010 $0.00

0.0044 $1.10 -$0.015 $1.088 $0.08 3.59 0.04985 0.240 0.0557 0.0040 $1.00 -$0.015 $0.989 $0.07 0.04 0.00045 0.002 0.0005 0.0000 $0.01 $0.000 $0.009 $0.00

0.0035 $0.97 -$0.010 $0.960 $0.06 3.13 0.04335 0.209 0.0484 0.0032 $0.88 -$0.009 $0.874 $0.06 0.03 0.00039 0.002 0.0004 0.0000 $0.01 $0.000 $0.008 $0.00

0.0028 $0.84 -$0.004 $0.831 $0.05 2.66 0.03691 0.178 0.0412 0.0026 $0.76 -$0.004 $0.756 $0.05 0.03 0.00034 0.002 0.0004 0.0000 $0.01 $0.000 $0.007 $0.00

0.0022 $0.70 -$0.023 $0.681 $0.04 2.22 0.03077 0.148 0.0344 0.0020 $0.64 -$0.023 $0.618 $0.04 0.02 0.00028 0.001 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00

0.0017 $0.58 -$0.019 $0.562 $0.03 1.81 0.02510 0.121 0.0280 0.0015 $0.53 -$0.019 $0.510 $0.03 0.02 0.00023 0.001 0.0003 0.0000 $0.00 $0.000 $0.005 $0.00

0.0012 $0.47 -$0.015 $0.454 $0.02 1.44 0.02003 0.096 0.0224 0.0011 $0.43 -$0.015 $0.412 $0.02 0.01 0.00018 0.001 0.0002 0.0000 $0.00 $0.000 $0.004 $0.00

0.0009 $0.37 -$0.012 $0.358 $0.02 1.13 0.01562 0.075 0.0174 0.0008 $0.34 -$0.012 $0.325 $0.02 0.01 0.00014 0.001 0.0002 0.0000 $0.00 $0.000 $0.003 $0.00

0.0006 $0.29 -$0.009 $0.276 $0.01 0.86 0.01191 0.057 0.0133 0.0006 $0.26 -$0.009 $0.251 $0.01 0.01 0.00011 0.001 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00

0.0005 $0.22 -$0.007 $0.208 $0.01 0.64 0.00887 0.043 0.0099 0.0004 $0.20 -$0.007 $0.189 $0.01 0.01 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00

0.0003 $0.16 -$0.005 $0.153 $0.01 0.47 0.00645 0.031 0.0072 0.0003 $0.14 -$0.005 $0.139 $0.01 0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00

0.0002 $0.11 -$0.003 $0.110 $0.00 0.33 0.00458 0.022 0.0051 0.0002 $0.10 -$0.003 $0.100 $0.00 0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00

0.0001 $0.08 -$0.002 $0.077 $0.00 0.23 0.00318 0.015 0.0036 0.0001 $0.07 -$0.002 $0.070 $0.00 0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00

0.0001 $0.05 -$0.002 $0.053 $0.00 0.16 0.00215 0.010 0.0024 0.0001 $0.05 -$0.002 $0.048 $0.00 0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0001 $0.04 -$0.001 $0.036 $0.00 0.10 0.00142 0.007 0.0016 0.0000 $0.03 -$0.001 $0.032 $0.00 0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.02 -$0.001 $0.023 $0.00 0.07 0.00092 0.004 0.0010 0.0000 $0.02 -$0.001 $0.021 $0.00 0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.02 $0.000 $0.015 $0.00 0.04 0.00058 0.003 0.0006 0.0000 $0.01 $0.000 $0.013 $0.00 0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.01 $0.000 $0.009 $0.00 0.03 0.00036 0.002 0.0004 0.0000 $0.01 $0.000 $0.008 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.01 $0.000 $0.006 $0.00 0.02 0.00021 0.001 0.0002 0.0000 $0.01 $0.000 $0.005 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.003 $0.00 0.01 0.00012 0.001 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.002 $0.00 0.01 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

Energy Savings

Efficiency Level 6

Net Present Value Net Present Value Energy Savings Net Present Value

Fuel Switching 

Effects

Efficiency Level 4 Fuel Switching 

Effects

Efficiency Level 5
Shipments Affected 

Stock Avg UEC of 

Shipments

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Millions Millions kWh TWh Quads Quads Billions 

$2009

1 1 1 1

2015 5.141 5.14 569.1 0.053 0.0006 0.0004 $0.01

2016 5.224 10.36 569.1 0.106 0.0011 0.0007 $0.01

2017 5.257 15.62 569.1 0.159 0.0014 0.0008 $0.02

2018 5.277 20.90 569.1 0.212 0.0016 0.0009 $0.03

2019 5.304 26.20 569.1 0.266 0.0019 0.0011 $0.03

2020 5.325 31.53 569.1 0.319 0.0023 0.0012 $0.04

2021 5.328 36.76 569.1 0.371 0.0027 0.0013 $0.04

2022 5.352 41.75 569.1 0.420 0.0031 0.0014 $0.05

2023 5.398 46.39 569.1 0.465 0.0034 0.0014 $0.06

2024 5.464 50.62 569.1 0.506 0.0037 0.0015 $0.06

2025 5.548 54.38 569.1 0.542 0.0038 0.0014 $0.06

2026 5.627 57.67 569.1 0.573 0.0040 0.0014 $0.07

2027 5.695 60.49 569.1 0.599 0.0041 0.0013 $0.07

2028 5.752 62.86 569.1 0.620 0.0043 0.0013 $0.08

2029 5.812 64.86 569.1 0.637 0.0041 0.0011 $0.08

2030 5.877 66.54 569.1 0.650 0.0042 0.0011 $0.08

2031 5.925 67.95 569.1 0.661 0.0042 0.0010 $0.08

2032 5.958 69.14 569.1 0.670 0.0043 0.0010 $0.08

2033 6.000 70.17 569.1 0.676 0.0043 0.0009 $0.09

2034 6.049 71.08 569.1 0.682 0.0044 0.0009 $0.09

2035 6.096 71.90 569.1 0.686 0.0044 0.0008 $0.09

2036 6.149 72.67 569.1 0.690 0.0044 0.0008 $0.09

2037 6.204 73.39 569.1 0.693 0.0044 0.0007 $0.09

2038 6.261 74.09 569.1 0.696 0.0045 0.0007 $0.09

2039 6.321 74.78 569.1 0.699 0.0045 0.0006 $0.09

2040 6.381 75.46 569.1 0.702 0.0045 0.0006 $0.09

2041 6.441 76.14 569.1 0.704 0.0045 0.0006 $0.09

2042 6.500 76.82 569.1 0.707 0.0045 0.0005 $0.10

2043 6.558 77.51 569.1 0.709 0.0045 0.0005 $0.10

2044 6.616 78.20 569.1 0.711 0.0046 0.0005 $0.10

2045 72.23 569.1 0.656 0.0042 0.0004 $0.09

2046 66.20 569.1 0.599 0.0038 0.0003 $0.08

2047 60.12 569.1 0.543 0.0035 0.0003 $0.08

2048 53.98 569.1 0.487 0.0031 0.0002 $0.07

2049 47.79 569.1 0.430 0.0028 0.0002 $0.06

2050 41.55 569.1 0.373 0.0024 0.0002 $0.05

2051 35.37 569.1 0.317 0.0020 0.0001 $0.05

Electric Storage Water Heater

Base Case Efficiency Level 1
2052 29.48 569.1 0.264 0.0017 0.0001 $0.04

2053 24.05 569.1 0.215 0.0014 0.0001 $0.03

2054 19.18 569.1 0.171 0.0011 0.0001 $0.03

2055 14.96 569.1 0.133 0.0009 0.0000 $0.02

2056 11.40 569.1 0.102 0.0006 0.0000 $0.02

2057 8.49 569.1 0.076 0.0005 0.0000 $0.01

2058 6.18 569.1 0.055 0.0004 0.0000 $0.01

2059 4.39 569.1 0.039 0.0002 0.0000 $0.01

2060 3.04 569.1 0.027 0.0002 0.0000 $0.00

2061 2.06 569.1 0.018 0.0001 0.0000 $0.00

2062 1.36 569.1 0.012 0.0001 0.0000 $0.00

2063 0.88 569.1 0.008 0.0000 0.0000 $0.00

2064 0.55 569.1 0.005 0.0000 0.0000 $0.00

2065 0.34 569.1 0.003 0.0000 0.0000 $0.00

2066 0.20 569.1 0.002 0.0000 0.0000 $0.00

2067 0.12 569.1 0.001 0.0000 0.0000 $0.00

2068 0.07 569.1 0.001 0.0000 0.0000 $0.00

2069 0.04 569.1 0.000 0.0000 0.0000 $0.00

2070 0.02 569.1 0.000 0.0000 0.0000 $0.00

2071 0.01 569.1 0.000 0.0000 0.0000 $0.00

2072 0.00 569.1 0.000 0.0000 0.0000 $0.00

2073 0.00 569.1 0.000 0.0000 0.0000 $0.00
Equipment 

Cost 

Savings

Maintenance 

and Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 TWh Quads Quads Billions $2009

1 1 1 1 2 2 2 2

-$0.05430 $0.000 -$0.048 -$0.03 0.140 0.0015 0.0011 $0.02

-$0.05491 $0.000 -$0.042 -$0.03 0.282 0.0028 0.0019 $0.03

-$0.05498 $0.000 -$0.036 -$0.02 0.424 0.0036 0.0022 $0.05

-$0.05493 $0.000 -$0.030 -$0.02 0.566 0.0042 0.0025 $0.07

-$0.05494 $0.000 -$0.024 -$0.01 0.708 0.0052 0.0028 $0.08

-$0.05488 $0.000 -$0.017 -$0.01 0.850 0.0062 0.0032 $0.10

-$0.05464 $0.002 -$0.008 $0.00 0.988 0.0073 0.0034 $0.12

-$0.05460 $0.002 -$0.002 $0.00 1.119 0.0082 0.0036 $0.13

-$0.05480 $0.002 $0.003 $0.00 1.240 0.0091 0.0038 $0.15

-$0.05519 $0.002 $0.008 $0.00 1.349 0.0100 0.0039 $0.16

-$0.05575 $0.002 $0.011 $0.00 1.445 0.0101 0.0037 $0.17

-$0.05625 $0.002 $0.015 $0.01 1.527 0.0107 0.0036 $0.18

-$0.05664 $0.002 $0.018 $0.01 1.596 0.0110 0.0035 $0.19

-$0.05692 $0.002 $0.021 $0.01 1.652 0.0114 0.0034 $0.20

-$0.05721 $0.002 $0.023 $0.01 1.697 0.0109 0.0030 $0.21

-$0.05755 $0.002 $0.025 $0.01 1.734 0.0111 0.0029 $0.21

-$0.05771 $0.003 $0.028 $0.01 1.763 0.0113 0.0027 $0.22

-$0.05773 $0.003 $0.029 $0.01 1.785 0.0114 0.0026 $0.23

-$0.05783 $0.003 $0.031 $0.01 1.803 0.0115 0.0024 $0.23

-$0.05799 $0.003 $0.032 $0.01 1.817 0.0116 0.0023 $0.23

-$0.05813 $0.003 $0.033 $0.01 1.829 0.0117 0.0022 $0.23

-$0.05832 $0.003 $0.034 $0.01 1.839 0.0118 0.0020 $0.24

-$0.05852 $0.003 $0.035 $0.01 1.848 0.0118 0.0019 $0.24

-$0.05874 $0.003 $0.035 $0.01 1.856 0.0119 0.0018 $0.24

-$0.05897 $0.003 $0.036 $0.01 1.863 0.0119 0.0017 $0.25

-$0.05920 $0.003 $0.037 $0.00 1.870 0.0120 0.0016 $0.25

-$0.05943 $0.003 $0.038 $0.00 1.877 0.0120 0.0015 $0.25

-$0.05964 $0.003 $0.039 $0.00 1.884 0.0120 0.0014 $0.25

-$0.05984 $0.003 $0.040 $0.00 1.890 0.0121 0.0013 $0.26

-$0.06002 $0.003 $0.040 $0.00 1.897 0.0121 0.0012 $0.26

$0.003 $0.094 $0.01 1.748 0.0112 0.0010 $0.24

$0.003 $0.086 $0.01 1.598 0.0102 0.0009 $0.22

$0.003 $0.079 $0.01 1.448 0.0093 0.0008 $0.20

$0.003 $0.072 $0.01 1.297 0.0083 0.0006 $0.18

$0.003 $0.064 $0.00 1.146 0.0073 0.0005 $0.16

$0.003 $0.057 $0.00 0.995 0.0064 0.0004 $0.14

$0.000 $0.046 $0.00 0.845 0.0054 0.0003 $0.12

Efficiency Level 1 Efficiency Level 2
$0.000 $0.038 $0.00 0.704 0.0045 0.0003 $0.10

$0.000 $0.031 $0.00 0.573 0.0037 0.0002 $0.08

$0.000 $0.025 $0.00 0.457 0.0029 0.0001 $0.07

$0.000 $0.020 $0.00 0.356 0.0023 0.0001 $0.05

$0.000 $0.015 $0.00 0.271 0.0017 0.0001 $0.04

$0.000 $0.011 $0.00 0.202 0.0013 0.0001 $0.03

$0.000 $0.008 $0.00 0.146 0.0009 0.0000 $0.02

$0.000 $0.006 $0.00 0.104 0.0007 0.0000 $0.02

$0.000 $0.004 $0.00 0.072 0.0005 0.0000 $0.01

$0.000 $0.003 $0.00 0.049 0.0003 0.0000 $0.01

$0.000 $0.002 $0.00 0.032 0.0002 0.0000 $0.01

$0.000 $0.001 $0.00 0.021 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.013 0.0001 0.0000 $0.00

$0.000 $0.000 $0.00 0.008 0.0001 0.0000 $0.00

$0.000 $0.000 $0.00 0.005 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.003 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.002 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.001 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00
Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 TWh Quads Quads Billions $2009

2 2 2 2 3 3 3 3

-$0.11510 $0.000 -$0.099 -$0.07 0.197 0.0021 0.0015 $0.02

-$0.11639 $0.000 -$0.083 -$0.06 0.396 0.0040 0.0026 $0.05

-$0.11655 $0.000 -$0.066 -$0.04 0.596 0.0051 0.0032 $0.07

-$0.11642 $0.000 -$0.050 -$0.03 0.795 0.0060 0.0035 $0.09

-$0.11645 $0.000 -$0.033 -$0.02 0.995 0.0073 0.0040 $0.12

-$0.11633 $0.000 -$0.016 -$0.01 1.194 0.0088 0.0045 $0.14

-$0.11582 $0.002 $0.004 $0.00 1.389 0.0102 0.0048 $0.17

-$0.11574 $0.002 $0.020 $0.01 1.573 0.0115 0.0051 $0.19

-$0.11616 $0.002 $0.034 $0.01 1.743 0.0128 0.0053 $0.21

-$0.11699 $0.002 $0.047 $0.02 1.896 0.0140 0.0054 $0.23

-$0.11818 $0.002 $0.057 $0.02 2.031 0.0142 0.0052 $0.24

-$0.11924 $0.002 $0.067 $0.02 2.146 0.0150 0.0051 $0.26

-$0.12007 $0.002 $0.075 $0.02 2.242 0.0155 0.0049 $0.27

-$0.12065 $0.002 $0.082 $0.02 2.321 0.0160 0.0047 $0.28

-$0.12126 $0.002 $0.089 $0.02 2.385 0.0153 0.0042 $0.29

-$0.12199 $0.002 $0.095 $0.02 2.436 0.0156 0.0040 $0.30

-$0.12233 $0.003 $0.101 $0.02 2.477 0.0158 0.0038 $0.31

-$0.12238 $0.003 $0.106 $0.02 2.508 0.0160 0.0036 $0.32

-$0.12258 $0.003 $0.109 $0.02 2.534 0.0162 0.0034 $0.32

-$0.12291 $0.003 $0.112 $0.02 2.554 0.0163 0.0032 $0.33

-$0.12321 $0.003 $0.114 $0.02 2.570 0.0164 0.0030 $0.33

-$0.12361 $0.003 $0.117 $0.02 2.584 0.0165 0.0028 $0.33

-$0.12404 $0.003 $0.119 $0.02 2.597 0.0166 0.0027 $0.34

-$0.12451 $0.003 $0.122 $0.02 2.608 0.0167 0.0025 $0.34

-$0.12500 $0.003 $0.124 $0.02 2.618 0.0167 0.0024 $0.35

-$0.12550 $0.003 $0.126 $0.02 2.628 0.0168 0.0022 $0.35

-$0.12598 $0.003 $0.128 $0.02 2.638 0.0169 0.0021 $0.35

-$0.12643 $0.003 $0.131 $0.01 2.647 0.0169 0.0019 $0.36

-$0.12685 $0.003 $0.133 $0.01 2.656 0.0170 0.0018 $0.36

-$0.12723 $0.003 $0.135 $0.01 2.665 0.0170 0.0017 $0.36

$0.003 $0.244 $0.02 2.456 0.0157 0.0015 $0.34

$0.003 $0.225 $0.02 2.246 0.0144 0.0013 $0.31

$0.003 $0.206 $0.02 2.035 0.0130 0.0011 $0.28

$0.003 $0.186 $0.01 1.823 0.0117 0.0009 $0.26

$0.003 $0.166 $0.01 1.611 0.0103 0.0007 $0.23

$0.003 $0.145 $0.01 1.398 0.0089 0.0006 $0.20

$0.000 $0.121 $0.01 1.188 0.0076 0.0005 $0.17

Efficiency Level 2 Efficiency Level 3
$0.000 $0.102 $0.01 0.989 0.0063 0.0004 $0.14

$0.000 $0.084 $0.00 0.805 0.0052 0.0003 $0.12

$0.000 $0.067 $0.00 0.642 0.0041 0.0002 $0.09

$0.000 $0.053 $0.00 0.500 0.0032 0.0002 $0.07

$0.000 $0.040 $0.00 0.381 0.0024 0.0001 $0.06

$0.000 $0.030 $0.00 0.283 0.0018 0.0001 $0.04

$0.000 $0.022 $0.00 0.206 0.0013 0.0001 $0.03

$0.000 $0.016 $0.00 0.146 0.0009 0.0000 $0.02

$0.000 $0.011 $0.00 0.101 0.0006 0.0000 $0.02

$0.000 $0.008 $0.00 0.069 0.0004 0.0000 $0.01

$0.000 $0.005 $0.00 0.045 0.0003 0.0000 $0.01

$0.000 $0.003 $0.00 0.029 0.0002 0.0000 $0.00

$0.000 $0.002 $0.00 0.018 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.011 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.007 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.004 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.002 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.001 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.001 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00
Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 TWh Quads Quads Billions $2009

3 3 3 3 4 4 4 4

-$0.14935 $0.000 -$0.126 -$0.09 0.382 0.0040 0.0029 $0.04

-$0.15103 $0.000 -$0.104 -$0.07 0.769 0.0077 0.0051 $0.09

-$0.15123 $0.000 -$0.081 -$0.05 1.155 0.0098 0.0061 $0.14

-$0.15107 $0.000 -$0.057 -$0.03 1.542 0.0116 0.0067 $0.18

-$0.15110 $0.000 -$0.034 -$0.02 1.929 0.0142 0.0077 $0.23

-$0.15094 $0.000 -$0.010 $0.00 2.315 0.0170 0.0086 $0.27

-$0.15028 $0.002 $0.017 $0.01 2.692 0.0198 0.0094 $0.32

-$0.15018 $0.002 $0.039 $0.02 3.050 0.0224 0.0099 $0.36

-$0.15072 $0.002 $0.060 $0.02 3.379 0.0248 0.0103 $0.40

-$0.15180 $0.002 $0.078 $0.03 3.676 0.0272 0.0106 $0.44

-$0.15334 $0.002 $0.092 $0.03 3.937 0.0276 0.0100 $0.47

-$0.15473 $0.002 $0.105 $0.04 4.160 0.0292 0.0099 $0.50

-$0.15580 $0.002 $0.117 $0.04 4.347 0.0300 0.0095 $0.52

-$0.15655 $0.002 $0.127 $0.04 4.500 0.0309 0.0092 $0.55

-$0.15735 $0.002 $0.138 $0.04 4.624 0.0296 0.0082 $0.57

-$0.15829 $0.002 $0.146 $0.04 4.723 0.0302 0.0078 $0.59

-$0.15873 $0.003 $0.154 $0.04 4.802 0.0307 0.0074 $0.60

-$0.15879 $0.003 $0.160 $0.04 4.863 0.0311 0.0070 $0.61

-$0.15906 $0.003 $0.165 $0.03 4.912 0.0314 0.0066 $0.62

-$0.15949 $0.003 $0.169 $0.03 4.951 0.0317 0.0062 $0.63

-$0.15987 $0.003 $0.173 $0.03 4.983 0.0319 0.0059 $0.64

-$0.16039 $0.003 $0.177 $0.03 5.010 0.0320 0.0055 $0.65

-$0.16096 $0.003 $0.180 $0.03 5.034 0.0322 0.0052 $0.66

-$0.16156 $0.003 $0.183 $0.03 5.056 0.0323 0.0049 $0.66

-$0.16220 $0.003 $0.186 $0.03 5.076 0.0325 0.0046 $0.67

-$0.16284 $0.003 $0.190 $0.02 5.095 0.0326 0.0043 $0.68

-$0.16346 $0.003 $0.193 $0.02 5.113 0.0327 0.0040 $0.68

-$0.16405 $0.003 $0.196 $0.02 5.132 0.0328 0.0038 $0.69

-$0.16459 $0.003 $0.199 $0.02 5.149 0.0329 0.0035 $0.70

-$0.16509 $0.003 $0.203 $0.02 5.167 0.0331 0.0033 $0.71

$0.003 $0.341 $0.03 4.761 0.0305 0.0029 $0.66

$0.003 $0.315 $0.03 4.353 0.0278 0.0024 $0.60

$0.003 $0.288 $0.02 3.944 0.0252 0.0021 $0.55

$0.003 $0.260 $0.02 3.534 0.0226 0.0017 $0.50

$0.003 $0.232 $0.02 3.123 0.0200 0.0014 $0.44

$0.003 $0.203 $0.01 2.709 0.0173 0.0012 $0.39

$0.000 $0.171 $0.01 2.303 0.0147 0.0009 $0.33

Efficiency Level 3 Efficiency Level 4
$0.000 $0.143 $0.01 1.917 0.0123 0.0007 $0.28

$0.000 $0.117 $0.01 1.561 0.0100 0.0005 $0.23

$0.000 $0.094 $0.00 1.244 0.0080 0.0004 $0.18

$0.000 $0.074 $0.00 0.969 0.0062 0.0003 $0.14

$0.000 $0.057 $0.00 0.738 0.0047 0.0002 $0.11

$0.000 $0.042 $0.00 0.549 0.0035 0.0001 $0.08

$0.000 $0.031 $0.00 0.399 0.0026 0.0001 $0.06

$0.000 $0.022 $0.00 0.283 0.0018 0.0001 $0.04

$0.000 $0.016 $0.00 0.196 0.0013 0.0000 $0.03

$0.000 $0.011 $0.00 0.133 0.0009 0.0000 $0.02

$0.000 $0.007 $0.00 0.088 0.0006 0.0000 $0.01

$0.000 $0.005 $0.00 0.057 0.0004 0.0000 $0.01

$0.000 $0.003 $0.00 0.036 0.0002 0.0000 $0.01

$0.000 $0.002 $0.00 0.022 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.013 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.008 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.004 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.002 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.001 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.001 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.000 0.0000 0.0000 $0.00
Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 TWh Quads Quads Billions $2009

4 4 4 4 5 5 5 5

-$0.32132 $0.000 -$0.277 -$0.20 0.53 0.0056 0.0040 $0.06

-$0.32492 $0.000 -$0.235 -$0.16 1.07 0.0107 0.0071 $0.13

-$0.32536 $0.000 -$0.189 -$0.12 1.60 0.0136 0.0085 $0.19

-$0.32502 $0.000 -$0.143 -$0.08 2.14 0.0160 0.0093 $0.25

-$0.32508 $0.000 -$0.098 -$0.05 2.67 0.0196 0.0107 $0.31

-$0.32475 $0.000 -$0.051 -$0.03 3.21 0.0235 0.0120 $0.38

-$0.32333 $0.002 -$0.001 $0.00 3.73 0.0274 0.0130 $0.44

-$0.32310 $0.002 $0.042 $0.02 4.23 0.0310 0.0138 $0.50

-$0.32427 $0.002 $0.081 $0.03 4.68 0.0344 0.0143 $0.56

-$0.32659 $0.002 $0.116 $0.04 5.09 0.0377 0.0146 $0.61

-$0.32991 $0.002 $0.143 $0.05 5.46 0.0382 0.0139 $0.65

-$0.33289 $0.002 $0.169 $0.06 5.77 0.0404 0.0137 $0.69

-$0.33519 $0.002 $0.192 $0.06 6.02 0.0416 0.0132 $0.73

-$0.33682 $0.002 $0.211 $0.06 6.24 0.0429 0.0127 $0.76

-$0.33852 $0.002 $0.231 $0.06 6.41 0.0410 0.0113 $0.79

-$0.34055 $0.002 $0.247 $0.06 6.55 0.0419 0.0108 $0.81

-$0.34149 $0.003 $0.262 $0.06 6.65 0.0426 0.0103 $0.83

-$0.34163 $0.003 $0.275 $0.06 6.74 0.0431 0.0097 $0.85

-$0.34222 $0.003 $0.283 $0.06 6.81 0.0435 0.0092 $0.86

-$0.34313 $0.003 $0.291 $0.06 6.86 0.0439 0.0087 $0.88

-$0.34395 $0.003 $0.299 $0.05 6.91 0.0442 0.0081 $0.89

-$0.34508 $0.003 $0.305 $0.05 6.94 0.0444 0.0076 $0.90

-$0.34629 $0.003 $0.312 $0.05 6.98 0.0446 0.0072 $0.91

-$0.34759 $0.003 $0.318 $0.05 7.01 0.0448 0.0067 $0.92

-$0.34896 $0.003 $0.324 $0.05 7.03 0.0450 0.0063 $0.93

-$0.35034 $0.003 $0.330 $0.04 7.06 0.0452 0.0059 $0.94

-$0.35168 $0.003 $0.336 $0.04 7.09 0.0453 0.0056 $0.95

-$0.35294 $0.003 $0.342 $0.04 7.11 0.0455 0.0052 $0.96

-$0.35411 $0.003 $0.348 $0.04 7.14 0.0456 0.0049 $0.97

-$0.35519 $0.003 $0.355 $0.04 7.16 0.0458 0.0046 $0.98

$0.003 $0.659 $0.06 6.60 0.0422 0.0040 $0.91

$0.003 $0.607 $0.05 6.03 0.0386 0.0034 $0.84

$0.003 $0.554 $0.05 5.47 0.0350 0.0029 $0.76

$0.003 $0.501 $0.04 4.90 0.0313 0.0024 $0.69

$0.003 $0.446 $0.03 4.33 0.0277 0.0020 $0.61

$0.003 $0.390 $0.03 3.75 0.0240 0.0016 $0.54

$0.000 $0.331 $0.02 3.19 0.0204 0.0013 $0.46

Efficiency Level 4 Efficiency Level 5
$0.000 $0.277 $0.02 2.66 0.0170 0.0010 $0.38

$0.000 $0.228 $0.01 2.16 0.0138 0.0008 $0.32

$0.000 $0.183 $0.01 1.72 0.0110 0.0006 $0.25

$0.000 $0.143 $0.01 1.34 0.0086 0.0004 $0.20

$0.000 $0.110 $0.00 1.02 0.0065 0.0003 $0.15

$0.000 $0.082 $0.00 0.76 0.0049 0.0002 $0.11

$0.000 $0.060 $0.00 0.55 0.0035 0.0001 $0.08

$0.000 $0.043 $0.00 0.39 0.0025 0.0001 $0.06

$0.000 $0.030 $0.00 0.27 0.0017 0.0001 $0.04

$0.000 $0.020 $0.00 0.18 0.0012 0.0000 $0.03

$0.000 $0.014 $0.00 0.12 0.0008 0.0000 $0.02

$0.000 $0.009 $0.00 0.08 0.0005 0.0000 $0.01

$0.000 $0.006 $0.00 0.05 0.0003 0.0000 $0.01

$0.000 $0.003 $0.00 0.03 0.0002 0.0000 $0.00

$0.000 $0.002 $0.00 0.02 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.01 0.0001 0.0000 $0.00

$0.000 $0.001 $0.00 0.01 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.00 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.00 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.00 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.00 0.0000 0.0000 $0.00

$0.000 $0.000 $0.00 0.00 0.0000 0.0000 $0.00
Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Elec. 

Heat+Cool 

Demand

Fuel. 

Heating 

Demand

Total 

Primary 

Savings

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 TWh TWh Quads Quads

5 5 5 5 6 6 6 6

-$0.49 $0.000 -$0.429 -$0.31 5.061 -0.42 0.000 0.0484

-$0.50 $0.000 -$0.371 -$0.25 10.178 -0.84 -0.001 0.0926

-$0.50 $0.000 -$0.308 -$0.19 15.302 -1.26 -0.001 0.1181

-$0.50 $0.000 -$0.244 -$0.14 20.421 -1.68 -0.002 0.1389

-$0.50 $0.000 -$0.182 -$0.10 25.541 -2.10 -0.002 0.1699

-$0.50 $0.000 -$0.116 -$0.06 30.656 -2.52 -0.002 0.2040

-$0.49 $0.002 -$0.048 -$0.02 35.652 -2.93 -0.003 0.2372

-$0.49 $0.002 $0.012 $0.01 40.386 -3.31 -0.003 0.2687

-$0.50 $0.002 $0.066 $0.03 44.753 -3.67 -0.003 0.2978

-$0.50 $0.002 $0.114 $0.04 48.681 -3.99 -0.004 0.3269

-$0.50 $0.002 $0.151 $0.05 52.134 -4.28 -0.004 0.3312

-$0.51 $0.002 $0.186 $0.06 55.095 -4.52 -0.004 0.3500

-$0.51 $0.002 $0.218 $0.07 57.573 -4.72 -0.004 0.3602

-$0.51 $0.002 $0.244 $0.07 59.599 -4.89 -0.005 0.3711

-$0.52 $0.002 $0.272 $0.08 61.235 -5.03 -0.005 0.3549

-$0.52 $0.002 $0.293 $0.08 62.549 -5.13 -0.005 0.3621

-$0.52 $0.003 $0.314 $0.08 63.590 -5.22 -0.005 0.3682

-$0.52 $0.003 $0.332 $0.07 64.403 -5.29 -0.005 0.3729

-$0.52 $0.003 $0.343 $0.07 65.046 -5.34 -0.005 0.3766

-$0.52 $0.003 $0.354 $0.07 65.565 -5.38 -0.005 0.3796

-$0.53 $0.003 $0.364 $0.07 65.990 -5.42 -0.005 0.3821

-$0.53 $0.003 $0.373 $0.06 66.352 -5.44 -0.005 0.3842

-$0.53 $0.003 $0.382 $0.06 66.668 -5.47 -0.005 0.3860

-$0.53 $0.003 $0.391 $0.06 66.953 -5.49 -0.005 0.3876

-$0.53 $0.003 $0.399 $0.06 67.219 -5.52 -0.005 0.3892

-$0.53 $0.003 $0.407 $0.05 67.473 -5.54 -0.005 0.3906

-$0.54 $0.003 $0.415 $0.05 67.718 -5.56 -0.005 0.3921

-$0.54 $0.003 $0.423 $0.05 67.959 -5.58 -0.005 0.3935

-$0.54 $0.003 $0.432 $0.05 68.196 -5.60 -0.005 0.3948

-$0.54 $0.003 $0.440 $0.04 68.431 -5.62 -0.005 0.3962

$0.003 $0.912 $0.09 63.051 -5.17 -0.005 0.3650

$0.003 $0.840 $0.07 57.654 -4.73 -0.005 0.3338

$0.003 $0.767 $0.06 52.238 -4.29 -0.004 0.3024

$0.003 $0.692 $0.05 46.805 -3.84 -0.004 0.2710

$0.003 $0.617 $0.04 41.353 -3.39 -0.003 0.2394

$0.003 $0.539 $0.04 35.882 -2.94 -0.003 0.2077

$0.000 $0.459 $0.03 30.500 -2.50 -0.002 0.1766

Efficiency Level 5
$0.000 $0.384 $0.02 25.383 -2.08 -0.002 0.1470

$0.000 $0.315 $0.02 20.674 -1.70 -0.002 0.1197

$0.000 $0.253 $0.01 16.471 -1.35 -0.001 0.0954

$0.000 $0.198 $0.01 12.832 -1.05 -0.001 0.0743

$0.000 $0.152 $0.01 9.771 -0.80 -0.001 0.0566

$0.000 $0.114 $0.00 7.270 -0.60 -0.001 0.0421

$0.000 $0.083 $0.00 5.285 -0.43 0.000 0.0306

$0.000 $0.060 $0.00 3.752 -0.31 0.000 0.0217

$0.000 $0.042 $0.00 2.601 -0.21 0.000 0.0151

$0.000 $0.028 $0.00 1.761 -0.14 0.000 0.0102

$0.000 $0.019 $0.00 1.163 -0.10 0.000 0.0067

$0.000 $0.012 $0.00 0.750 -0.06 0.000 0.0043

$0.000 $0.008 $0.00 0.472 -0.04 0.000 0.0027

$0.000 $0.005 $0.00 0.290 -0.02 0.000 0.0017

$0.000 $0.003 $0.00 0.173 -0.01 0.000 0.0010

$0.000 $0.002 $0.00 0.101 -0.01 0.000 0.0006

$0.000 $0.001 $0.00 0.057 0.00 0.000 0.0003

$0.000 $0.001 $0.00 0.031 0.00 0.000 0.0002

$0.000 $0.000 $0.00 0.017 0.00 0.000 0.0001

$0.000 $0.000 $0.00 0.008 0.00 0.000 0.0000

$0.000 $0.000 $0.00 0.004 0.00 0.000 0.0000

$0.000 $0.000 $0.00 0.001 0.00 0.000 0.0000
Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Elec. Eff. 

Site 

Savings

Elec. 

Heat+Cool 

Demand

Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 TWh TWh

6 6 6 6 6 6 7 7

0.0345 $0.54 -$4.70 -$0.007 -$4.170 -$2.97 5.897 -0.42

0.0617 $1.09 -$4.76 -$0.015 -$3.677 -$2.45 11.862 -0.84

0.0736 $1.65 -$4.76 -$0.022 -$3.131 -$1.95 17.840 -1.26

0.0809 $2.21 -$4.76 -$0.029 -$2.581 -$1.50 23.814 -1.68

0.0924 $2.75 -$4.76 -$0.037 -$2.047 -$1.11 29.793 -2.10

0.1037 $3.31 -$4.75 -$0.044 -$1.483 -$0.75 35.770 -2.52

0.1127 $3.87 -$4.73 $0.064 -$0.797 -$0.38 41.611 -2.93

0.1193 $4.39 -$4.73 $0.060 -$0.277 -$0.12 47.151 -3.31

0.1236 $4.88 -$4.75 -$0.207 -$0.071 -$0.03 52.267 -3.67

0.1268 $5.33 -$4.78 -$0.215 $0.331 $0.13 56.874 -3.99

0.1200 $5.70 -$4.83 -$0.220 $0.651 $0.24 60.931 -4.28

0.1185 $6.05 -$4.87 -$0.224 $0.950 $0.32 64.419 -4.52

0.1140 $6.35 -$4.91 -$0.228 $1.215 $0.38 67.344 -4.72

0.1098 $6.60 -$4.93 -$0.230 $1.441 $0.43 69.747 -4.89

0.0981 $6.86 -$4.96 -$0.231 $1.678 $0.46 71.696 -5.03

0.0936 $7.08 -$4.98 -$0.231 $1.864 $0.48 73.274 -5.13

0.0889 $7.27 -$5.00 -$0.232 $2.041 $0.49 74.533 -5.22

0.0842 $7.43 -$5.00 -$0.234 $2.193 $0.50 75.529 -5.29

0.0794 $7.53 -$5.01 -$0.236 $2.287 $0.48 76.327 -5.34

0.0748 $7.64 -$5.02 -$0.238 $2.383 $0.47 76.982 -5.38

0.0704 $7.74 -$5.03 -$0.240 $2.466 $0.45 77.529 -5.42

0.0661 $7.84 -$5.05 -$0.241 $2.546 $0.44 78.002 -5.44

0.0621 $7.93 -$5.07 -$0.242 $2.620 $0.42 78.423 -5.47

0.0583 $8.02 -$5.09 -$0.244 $2.690 $0.40 78.810 -5.49

0.0547 $8.11 -$5.11 -$0.244 $2.758 $0.39 79.174 -5.52

0.0513 $8.20 -$5.13 -$0.244 $2.826 $0.37 79.525 -5.54

0.0481 $8.29 -$5.15 -$0.244 $2.894 $0.36 79.868 -5.56

0.0451 $8.37 -$5.17 -$0.245 $2.963 $0.34 80.207 -5.58

0.0423 $8.46 -$5.18 -$0.245 $3.034 $0.33 80.542 -5.60

0.0397 $8.55 -$5.20 -$0.245 $3.107 $0.31 80.874 -5.62

0.0342 $7.93 -$0.238 $7.697 $0.72 74.539 -5.17

0.0292 $7.31 -$0.230 $7.077 $0.62 68.179 -4.73

0.0247 $6.67 -$0.223 $6.445 $0.53 61.793 -4.29

0.0207 $6.02 -$0.215 $5.801 $0.44 55.381 -3.84

0.0171 $5.35 -$0.208 $5.145 $0.37 48.943 -3.39

0.0139 $4.68 -$0.200 $4.477 $0.30 42.478 -2.94

0.0110 $4.00 -$0.378 $3.626 $0.23 36.114 -2.50

Efficiency Level 6
0.0086 $3.36 -$0.374 $2.982 $0.17 30.062 -2.08

0.0065 $2.75 -$0.030 $2.723 $0.15 24.489 -1.70

0.0049 $2.21 -$0.024 $2.185 $0.11 19.514 -1.35

0.0035 $1.73 -$0.018 $1.714 $0.08 15.204 -1.05

0.0025 $1.33 -$0.014 $1.315 $0.06 11.579 -0.80

0.0018 $1.00 -$0.010 $0.985 $0.04 8.616 -0.60

0.0012 $0.73 -$0.008 $0.721 $0.03 6.264 -0.43

0.0008 $0.52 -$0.005 $0.516 $0.02 4.447 -0.31

0.0005 $0.36 -$0.004 $0.360 $0.01 3.083 -0.21

0.0003 $0.25 -$0.003 $0.245 $0.01 2.087 -0.14

0.0002 $0.16 -$0.002 $0.163 $0.00 1.379 -0.10

0.0001 $0.11 -$0.001 $0.106 $0.00 0.889 -0.06

0.0001 $0.07 -$0.001 $0.067 $0.00 0.560 -0.04

0.0000 $0.04 $0.000 $0.042 $0.00 0.344 -0.02

0.0000 $0.03 $0.000 $0.025 $0.00 0.206 -0.01

0.0000 $0.01 $0.000 $0.015 $0.00 0.120 -0.01

0.0000 $0.01 $0.000 $0.008 $0.00 0.068 0.00

0.0000 $0.00 $0.000 $0.005 $0.00 0.037 0.00

0.0000 $0.00 $0.000 $0.002 $0.00 0.020 0.00

0.0000 $0.00 $0.000 $0.001 $0.00 0.010 0.00

0.0000 $0.00 $0.000 $0.001 $0.00 0.004 0.00

0.0000 $0.00 $0.000 $0.000 $0.00 0.001 0.00
Fuel. 

Heating 

Demand

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Quads Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

7 7 7 7 7 7 7 7

0.000 0.0571 0.0407 $0.64 -$5.35 -$0.007 -$4.723 -$3.37

-0.001 0.1094 0.0729 $1.29 -$5.42 -$0.015 -$4.139 -$2.76

-0.001 0.1397 0.0870 $1.95 -$5.43 -$0.022 -$3.495 -$2.18

-0.002 0.1644 0.0957 $2.61 -$5.42 -$0.029 -$2.846 -$1.66

-0.002 0.2011 0.1094 $3.25 -$5.43 -$0.037 -$2.215 -$1.20

-0.002 0.2415 0.1228 $3.92 -$5.42 -$0.044 -$1.549 -$0.79

-0.003 0.2809 0.1335 $4.58 -$5.40 $0.064 -$0.760 -$0.36

-0.003 0.3184 0.1414 $5.20 -$5.40 $0.060 -$0.145 -$0.06

-0.003 0.3529 0.1464 $5.78 -$5.42 -$0.207 $0.148 $0.06

-0.004 0.3876 0.1503 $6.31 -$5.47 -$0.215 $0.626 $0.24

-0.004 0.3928 0.1424 $6.75 -$5.53 -$0.220 $1.008 $0.37

-0.004 0.4153 0.1407 $7.17 -$5.58 -$0.224 $1.365 $0.46

-0.004 0.4277 0.1354 $7.53 -$5.62 -$0.228 $1.682 $0.53

-0.005 0.4408 0.1304 $7.83 -$5.65 -$0.230 $1.951 $0.58

-0.005 0.4219 0.1167 $8.15 -$5.68 -$0.231 $2.236 $0.62

-0.005 0.4307 0.1113 $8.41 -$5.72 -$0.231 $2.458 $0.64

-0.005 0.4382 0.1058 $8.64 -$5.74 -$0.232 $2.671 $0.65

-0.005 0.4440 0.1002 $8.83 -$5.74 -$0.234 $2.855 $0.64

-0.005 0.4488 0.0947 $8.96 -$5.76 -$0.236 $2.969 $0.63

-0.005 0.4526 0.0892 $9.10 -$5.77 -$0.238 $3.088 $0.61

-0.005 0.4559 0.0840 $9.22 -$5.79 -$0.240 $3.190 $0.59

-0.005 0.4587 0.0790 $9.34 -$5.81 -$0.241 $3.289 $0.57

-0.005 0.4612 0.0742 $9.46 -$5.84 -$0.242 $3.381 $0.54

-0.005 0.4635 0.0697 $9.58 -$5.86 -$0.244 $3.469 $0.52

-0.005 0.4656 0.0655 $9.69 -$5.89 -$0.244 $3.554 $0.50

-0.005 0.4677 0.0614 $9.80 -$5.92 -$0.244 $3.639 $0.48

-0.005 0.4698 0.0577 $9.91 -$5.94 -$0.244 $3.725 $0.46

-0.005 0.4718 0.0541 $10.03 -$5.97 -$0.245 $3.813 $0.44

-0.005 0.4738 0.0508 $10.14 -$5.99 -$0.245 $3.902 $0.42

-0.005 0.4758 0.0477 $10.25 -$6.01 -$0.245 $3.994 $0.40

-0.005 0.4385 0.0411 $9.52 -$0.238 $9.280 $0.87

-0.005 0.4011 0.0351 $8.77 -$0.230 $8.537 $0.75

-0.004 0.3636 0.0297 $8.00 -$0.223 $7.779 $0.64

-0.004 0.3258 0.0249 $7.22 -$0.215 $7.007 $0.54

-0.003 0.2880 0.0206 $6.43 -$0.208 $6.220 $0.44

-0.003 0.2499 0.0167 $5.62 -$0.200 $5.418 $0.36

-0.002 0.2125 0.0133 $4.81 -$0.378 $4.432 $0.28

Efficiency Level 7
-0.002 0.1769 0.0103 $4.03 -$0.374 $3.659 $0.21

-0.002 0.1441 0.0079 $3.31 -$0.030 $3.279 $0.18

-0.001 0.1148 0.0058 $2.65 -$0.024 $2.631 $0.13

-0.001 0.0895 0.0043 $2.08 -$0.018 $2.065 $0.10

-0.001 0.0681 0.0030 $1.60 -$0.014 $1.584 $0.07

-0.001 0.0507 0.0021 $1.20 -$0.010 $1.187 $0.05

0.000 0.0369 0.0014 $0.88 -$0.008 $0.869 $0.03

0.000 0.0262 0.0010 $0.63 -$0.005 $0.621 $0.02

0.000 0.0181 0.0006 $0.44 -$0.004 $0.434 $0.01

0.000 0.0123 0.0004 $0.30 -$0.003 $0.296 $0.01

0.000 0.0081 0.0002 $0.20 -$0.002 $0.197 $0.01

0.000 0.0052 0.0001 $0.13 -$0.001 $0.128 $0.00

0.000 0.0033 0.0001 $0.08 -$0.001 $0.081 $0.00

0.000 0.0020 0.0000 $0.05 $0.000 $0.050 $0.00

0.000 0.0012 0.0000 $0.03 $0.000 $0.030 $0.00

0.000 0.0007 0.0000 $0.02 $0.000 $0.018 $0.00

0.000 0.0004 0.0000 $0.01 $0.000 $0.010 $0.00

0.000 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00

0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00

0.000 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00

0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00
Elec. Eff. 

Site 

Savings

Elec. 

Heat+Cool 

Demand

Fuel. 

Heating 

Demand

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

TWh TWh Quads Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

8 8 8 8 8 8 8 8

0.860 -0.04 0.000 0.0085 0.0061 $0.10 -$0.75 -$0.001

1.729 -0.09 0.000 0.0163 0.0109 $0.19 -$0.76 -$0.002

2.599 -0.13 0.000 0.0208 0.0130 $0.29 -$0.76 -$0.002

3.468 -0.17 0.000 0.0245 0.0143 $0.39 -$0.76 -$0.003

4.338 -0.22 0.000 0.0300 0.0163 $0.48 -$0.76 -$0.004

5.207 -0.26 0.000 0.0360 0.0183 $0.58 -$0.75 -$0.005

6.055 -0.30 0.000 0.0419 0.0199 $0.68 -$0.75 -$0.017

6.859 -0.34 0.000 0.0474 0.0211 $0.77 -$0.75 -$0.017

7.601 -0.38 0.000 0.0526 0.0218 $0.86 -$0.75 -$0.018

8.268 -0.41 0.000 0.0577 0.0224 $0.94 -$0.76 -$0.019

8.855 -0.44 0.000 0.0585 0.0212 $1.00 -$0.77 -$0.019

9.358 -0.47 -0.001 0.0618 0.0209 $1.06 -$0.77 -$0.019

9.778 -0.49 -0.001 0.0636 0.0201 $1.12 -$0.78 -$0.020

10.123 -0.50 -0.001 0.0655 0.0194 $1.16 -$0.78 -$0.020

10.400 -0.52 -0.001 0.0627 0.0173 $1.21 -$0.79 -$0.020

10.624 -0.53 -0.001 0.0640 0.0165 $1.25 -$0.79 -$0.020

10.801 -0.54 -0.001 0.0656 0.0159 $1.28 -$0.79 -$0.021

10.939 -0.54 -0.001 0.0665 0.0150 $1.31 -$0.79 -$0.021

11.048 -0.55 -0.001 0.0672 0.0142 $1.32 -$0.80 -$0.021

11.136 -0.55 -0.001 0.0677 0.0133 $1.34 -$0.80 -$0.021

11.208 -0.56 -0.001 0.0681 0.0126 $1.36 -$0.80 -$0.021

11.270 -0.56 -0.001 0.0685 0.0118 $1.38 -$0.80 -$0.021

11.323 -0.56 -0.001 0.0688 0.0111 $1.39 -$0.80 -$0.021

11.372 -0.57 -0.001 0.0691 0.0104 $1.41 -$0.81 -$0.021

11.417 -0.57 -0.001 0.0694 0.0098 $1.43 -$0.81 -$0.021

11.460 -0.57 -0.001 0.0697 0.0092 $1.44 -$0.81 -$0.021

11.502 -0.57 -0.001 0.0699 0.0086 $1.46 -$0.82 -$0.021

11.543 -0.57 -0.001 0.0702 0.0080 $1.47 -$0.82 -$0.022

11.583 -0.58 -0.001 0.0704 0.0075 $1.49 -$0.82 -$0.022

11.623 -0.58 -0.001 0.0706 0.0071 $1.50 -$0.83 -$0.022

10.709 -0.53 -0.001 0.0651 0.0061 $1.40 -$0.021

9.792 -0.49 -0.001 0.0595 0.0052 $1.29 -$0.020

8.872 -0.44 0.000 0.0539 0.0044 $1.17 -$0.019

7.950 -0.40 0.000 0.0483 0.0037 $1.06 -$0.018

7.024 -0.35 0.000 0.0427 0.0031 $0.94 -$0.017

6.094 -0.30 0.000 0.0370 0.0025 $0.82 -$0.017

5.180 -0.26 0.000 0.0315 0.0020 $0.70 -$0.005

Efficiency Level w
4.311 -0.21 0.000 0.0262 0.0015 $0.59 -$0.004

3.511 -0.17 0.000 0.0213 0.0012 $0.48 -$0.003

2.798 -0.14 0.000 0.0170 0.0009 $0.39 -$0.002

2.179 -0.11 0.000 0.0132 0.0006 $0.30 -$0.002

1.660 -0.08 0.000 0.0101 0.0004 $0.23 -$0.001

1.235 -0.06 0.000 0.0075 0.0003 $0.18 -$0.001

0.898 -0.04 0.000 0.0055 0.0002 $0.13 -$0.001

0.637 -0.03 0.000 0.0039 0.0001 $0.09 -$0.001

0.442 -0.02 0.000 0.0027 0.0001 $0.06 $0.000

0.299 -0.01 0.000 0.0018 0.0001 $0.04 $0.000

0.198 -0.01 0.000 0.0012 0.0000 $0.03 $0.000

0.127 -0.01 0.000 0.0008 0.0000 $0.02 $0.000

0.080 0.00 0.000 0.0005 0.0000 $0.01 $0.000

0.049 0.00 0.000 0.0003 0.0000 $0.01 $0.000

0.029 0.00 0.000 0.0002 0.0000 $0.00 $0.000

0.017 0.00 0.000 0.0001 0.0000 $0.00 $0.000

0.010 0.00 0.000 0.0001 0.0000 $0.00 $0.000

0.005 0.00 0.000 0.0000 0.0000 $0.00 $0.000

0.003 0.00 0.000 0.0000 0.0000 $0.00 $0.000

0.001 0.00 0.000 0.0000 0.0000 $0.00 $0.000

0.001 0.00 0.000 0.0000 0.0000 $0.00 $0.000

0.000 0.00 0.000 0.0000 0.0000 $0.00 $0.000
Net Savings Net Present 

Value

Change in 

Shipments Shipments Stock Elec. Demand

Primary 

Demand

Discounted 

Primary 

Demand

Billions 

$2009

Billions 

$2009 Millions Millions Millions TWh Quads Quads

8 8

-$0.653 -$0.47 -0.22 4.92 -0.22 -0.30 -0.003 -0.002

-$0.564 -$0.38 -0.23 5.00 -0.45 -0.61 -0.006 -0.004

-$0.468 -$0.29 -0.23 5.03 -0.68 -0.92 -0.008 -0.005

-$0.371 -$0.22 -0.23 5.05 -0.91 -1.23 -0.009 -0.005

-$0.276 -$0.15 -0.23 5.07 -1.14 -1.54 -0.011 -0.006

-$0.177 -$0.09 -0.23 5.09 -1.37 -1.85 -0.014 -0.007

-$0.087 -$0.04 -0.23 5.10 -1.60 -2.16 -0.016 -0.008

$0.004 $0.00 -0.23 5.12 -1.81 -2.46 -0.018 -0.008

$0.087 $0.04 -0.24 5.16 -2.02 -2.74 -0.020 -0.008

$0.159 $0.06 -0.24 5.22 -2.21 -2.99 -0.022 -0.009

$0.217 $0.08 -0.25 5.30 -2.37 -3.22 -0.023 -0.008

$0.270 $0.09 -0.25 5.38 -2.52 -3.42 -0.024 -0.008

$0.318 $0.10 -0.25 5.44 -2.65 -3.59 -0.025 -0.008

$0.358 $0.11 -0.26 5.49 -2.76 -3.74 -0.026 -0.008

$0.400 $0.11 -0.26 5.55 -2.86 -3.87 -0.025 -0.007

$0.433 $0.11 -0.27 5.61 -2.94 -3.98 -0.025 -0.007

$0.464 $0.11 -0.27 5.66 -3.01 -4.08 -0.026 -0.006

$0.491 $0.11 -0.27 5.69 -3.08 -4.17 -0.027 -0.006

$0.508 $0.11 -0.27 5.73 -3.13 -4.24 -0.027 -0.006

$0.526 $0.10 -0.28 5.77 -3.18 -4.31 -0.028 -0.005

$0.541 $0.10 -0.28 5.82 -3.23 -4.38 -0.028 -0.005

$0.555 $0.10 -0.28 5.87 -3.27 -4.43 -0.028 -0.005

$0.569 $0.09 -0.28 5.92 -3.31 -4.49 -0.029 -0.005

$0.581 $0.09 -0.29 5.97 -3.35 -4.54 -0.029 -0.004

$0.594 $0.08 -0.29 6.03 -3.39 -4.60 -0.029 -0.004

$0.606 $0.08 -0.29 6.09 -3.43 -4.65 -0.030 -0.004

$0.618 $0.08 -0.30 6.15 -3.47 -4.70 -0.030 -0.004

$0.631 $0.07 -0.30 6.20 -3.50 -4.75 -0.030 -0.003

$0.644 $0.07 -0.30 6.26 -3.54 -4.80 -0.031 -0.003

$0.657 $0.07 -0.30 6.31 -3.58 -4.84 -0.031 -0.003

$1.375 $0.13 -3.30 -4.48 -0.029 -0.003

$1.265 $0.11 -3.03 -4.11 -0.026 -0.002

$1.153 $0.09 -2.75 -3.73 -0.024 -0.002

$1.040 $0.08 -2.47 -3.35 -0.021 -0.002

$0.924 $0.07 -2.19 -2.97 -0.019 -0.001

$0.806 $0.05 -1.90 -2.58 -0.017 -0.001

$0.700 $0.04 -1.62 -2.20 -0.014 -0.001

Standing Pilot, 1.5” ins

Fuel Switching Effiects for Heat Pump Water Heaters by GSW
$0.586 $0.03 -1.35 -1.83 -0.012 -0.001

$0.481 $0.03 -1.10 -1.49 -0.010 -0.001

$0.386 $0.02 -0.88 -1.19 -0.008 0.000

$0.303 $0.01 -0.69 -0.93 -0.006 0.000

$0.232 $0.01 -0.52 -0.71 -0.005 0.000

$0.174 $0.01 -0.39 -0.53 -0.003 0.000

$0.127 $0.00 -0.28 -0.38 -0.002 0.000

$0.091 $0.00 -0.20 -0.27 -0.002 0.000

$0.064 $0.00 -0.14 -0.19 -0.001 0.000

$0.043 $0.00 -0.09 -0.13 -0.001 0.000

$0.029 $0.00 -0.06 -0.08 -0.001 0.000

$0.019 $0.00 -0.04 -0.05 0.000 0.000

$0.012 $0.00 -0.03 -0.03 0.000 0.000

$0.007 $0.00 -0.02 -0.02 0.000 0.000

$0.004 $0.00 -0.01 -0.01 0.000 0.000

$0.003 $0.00 -0.01 -0.01 0.000 0.000

$0.001 $0.00 0.00 0.00 0.000 0.000

$0.001 $0.00 0.00 0.00 0.000 0.000

$0.000 $0.00 0.00 0.00 0.000 0.000

$0.000 $0.00 0.00 0.00 0.000 0.000

$0.000 $0.00 0.00 0.00 0.000 0.000

$0.000 $0.00 0.00 0.00 0.000 0.000
Energy Cost Equipment 

Cost

Maintenanc

e and 

Repair Cost

Net Net Present 

Value

Change in 

Shipments Shipments Stock

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Millions

-$0.03 -$0.35 $0.00 -$0.380 -$0.27 -0.21 4.93 -0.21

-$0.06 -$0.35 $0.00 -$0.415 -$0.28 -0.21 5.01 -0.42

-$0.09 -$0.36 $0.00 -$0.447 -$0.28 -0.21 5.04 -0.63

-$0.12 -$0.36 $0.00 -$0.478 -$0.28 -0.21 5.06 -0.84

-$0.15 -$0.36 $0.00 -$0.509 -$0.28 -0.21 5.09 -1.06

-$0.18 -$0.36 -$0.01 -$0.542 -$0.28 -0.21 5.11 -1.27

-$0.21 -$0.36 -$0.01 -$0.576 -$0.27 -0.22 5.11 -1.48

-$0.24 -$0.37 -$0.01 -$0.609 -$0.27 -0.22 5.13 -1.68

-$0.26 -$0.37 -$0.02 -$0.654 -$0.27 -0.22 5.18 -1.87

-$0.29 -$0.38 -$0.02 -$0.686 -$0.27 -0.22 5.24 -2.05

-$0.31 -$0.38 -$0.02 -$0.715 -$0.26 -0.23 5.32 -2.20

-$0.33 -$0.39 -$0.02 -$0.743 -$0.25 -0.23 5.40 -2.34

-$0.35 -$0.40 -$0.02 -$0.769 -$0.24 -0.24 5.46 -2.46

-$0.37 -$0.40 -$0.02 -$0.792 -$0.23 -0.24 5.51 -2.56

-$0.38 -$0.41 -$0.02 -$0.816 -$0.23 -0.24 5.57 -2.65

-$0.40 -$0.41 -$0.02 -$0.836 -$0.22 -0.25 5.63 -2.73

-$0.41 -$0.42 -$0.02 -$0.855 -$0.21 -0.25 5.68 -2.79

-$0.42 -$0.42 -$0.02 -$0.872 -$0.20 -0.25 5.71 -2.85

-$0.43 -$0.43 -$0.02 -$0.886 -$0.19 -0.25 5.75 -2.90

-$0.44 -$0.43 -$0.02 -$0.901 -$0.18 -0.26 5.79 -2.95

-$0.45 -$0.44 -$0.03 -$0.914 -$0.17 -0.26 5.84 -2.99

-$0.46 -$0.44 -$0.03 -$0.928 -$0.16 -0.26 5.89 -3.04

-$0.47 -$0.44 -$0.03 -$0.942 -$0.15 -0.26 5.94 -3.07

-$0.48 -$0.45 -$0.03 -$0.956 -$0.14 -0.27 6.00 -3.11

-$0.49 -$0.45 -$0.03 -$0.969 -$0.14 -0.27 6.05 -3.15

-$0.50 -$0.46 -$0.03 -$0.983 -$0.13 -0.27 6.11 -3.18

-$0.51 -$0.46 -$0.03 -$0.997 -$0.12 -0.27 6.17 -3.21

-$0.52 -$0.47 -$0.03 -$1.011 -$0.12 -0.28 6.22 -3.25

-$0.53 -$0.47 -$0.03 -$1.025 -$0.11 -0.28 6.28 -3.28

-$0.54 -$0.48 -$0.03 -$1.038 -$0.10 -0.28 6.33 -3.31

-$0.50 $0.00 -$0.03 -$0.525 -$0.05 -3.06

-$0.46 $0.00 -$0.03 -$0.486 -$0.04 -2.81

-$0.42 $0.00 -$0.03 -$0.446 -$0.04 -2.55

-$0.38 $0.00 -$0.02 -$0.405 -$0.03 -2.29

-$0.34 $0.00 -$0.02 -$0.363 -$0.03 -2.03

-$0.30 $0.00 -$0.02 -$0.320 -$0.02 -1.77

-$0.26 $0.00 -$0.02 -$0.277 -$0.02 -1.50

ding Pilot, 1.5” ins

eat Pump Water Heaters by GSWH Level Fuel Switching Effiect
-$0.21 $0.00 -$0.02 -$0.235 -$0.01 -1.25

-$0.18 $0.00 $0.00 -$0.180 -$0.01 -1.02

-$0.14 $0.00 $0.00 -$0.145 -$0.01 -0.82

-$0.11 $0.00 $0.00 -$0.114 -$0.01 -0.64

-$0.09 $0.00 $0.00 -$0.087 $0.00 -0.49

-$0.06 $0.00 $0.00 -$0.065 $0.00 -0.36

-$0.05 $0.00 $0.00 -$0.048 $0.00 -0.26

-$0.03 $0.00 $0.00 -$0.034 $0.00 -0.19

-$0.02 $0.00 $0.00 -$0.024 $0.00 -0.13

-$0.02 $0.00 $0.00 -$0.016 $0.00 -0.09

-$0.01 $0.00 $0.00 -$0.011 $0.00 -0.06

-$0.01 $0.00 $0.00 -$0.007 $0.00 -0.04

$0.00 $0.00 $0.00 -$0.004 $0.00 -0.02

$0.00 $0.00 $0.00 -$0.003 $0.00 -0.01

$0.00 $0.00 $0.00 -$0.002 $0.00 -0.01

$0.00 $0.00 $0.00 -$0.001 $0.00 -0.01

$0.00 $0.00 $0.00 -$0.001 $0.00 0.00

$0.00 $0.00 $0.00 $0.000 $0.00 0.00

$0.00 $0.00 $0.00 $0.000 $0.00 0.00

$0.00 $0.00 $0.00 $0.000 $0.00 0.00

$0.00 $0.00 $0.00 $0.000 $0.00 0.00

$0.00 $0.00 $0.00 $0.000 $0.00 0.00
Elec. 

Demand

Primary 

Demand

Discounted 

Primary 

Demand

Energy Cost Equipment 

Cost

Maintenanc

e and 

Repair Cost

Net Net Present 

Value

TWh Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

-0.28 -0.003 -0.002 -$0.03 -$0.33 $0.00 -$0.353 -$0.25

-0.57 -0.006 -0.004 -$0.05 -$0.33 $0.00 -$0.385 -$0.26

-0.85 -0.007 -0.005 -$0.08 -$0.33 $0.00 -$0.415 -$0.26

-1.14 -0.009 -0.005 -$0.11 -$0.33 $0.00 -$0.444 -$0.26

-1.43 -0.010 -0.006 -$0.14 -$0.33 $0.00 -$0.472 -$0.26

-1.72 -0.013 -0.006 -$0.16 -$0.33 $0.00 -$0.503 -$0.26

-2.01 -0.015 -0.007 -$0.19 -$0.34 -$0.01 -$0.534 -$0.25

-2.28 -0.017 -0.007 -$0.22 -$0.34 -$0.01 -$0.565 -$0.25

-2.54 -0.019 -0.008 -$0.24 -$0.34 -$0.02 -$0.607 -$0.25

-2.77 -0.021 -0.008 -$0.27 -$0.35 -$0.02 -$0.636 -$0.25

-2.98 -0.021 -0.008 -$0.29 -$0.36 -$0.02 -$0.663 -$0.24

-3.17 -0.022 -0.008 -$0.31 -$0.36 -$0.02 -$0.689 -$0.23

-3.33 -0.023 -0.007 -$0.32 -$0.37 -$0.02 -$0.713 -$0.23

-3.47 -0.024 -0.007 -$0.34 -$0.37 -$0.02 -$0.734 -$0.22

-3.59 -0.023 -0.006 -$0.36 -$0.38 -$0.02 -$0.756 -$0.21

-3.70 -0.024 -0.006 -$0.37 -$0.38 -$0.02 -$0.776 -$0.20

-3.79 -0.024 -0.006 -$0.38 -$0.39 -$0.02 -$0.793 -$0.19

-3.87 -0.025 -0.006 -$0.39 -$0.39 -$0.02 -$0.809 -$0.18

-3.94 -0.025 -0.005 -$0.40 -$0.40 -$0.02 -$0.822 -$0.17

-4.00 -0.026 -0.005 -$0.41 -$0.40 -$0.02 -$0.835 -$0.16

-4.06 -0.026 -0.005 -$0.42 -$0.40 -$0.02 -$0.848 -$0.16

-4.11 -0.026 -0.005 -$0.43 -$0.41 -$0.02 -$0.860 -$0.15

-4.16 -0.027 -0.004 -$0.44 -$0.41 -$0.02 -$0.873 -$0.14

-4.21 -0.027 -0.004 -$0.45 -$0.42 -$0.02 -$0.886 -$0.13

-4.26 -0.027 -0.004 -$0.45 -$0.42 -$0.02 -$0.899 -$0.13

-4.31 -0.028 -0.004 -$0.46 -$0.42 -$0.02 -$0.912 -$0.12

-4.36 -0.028 -0.003 -$0.47 -$0.43 -$0.02 -$0.924 -$0.11

-4.40 -0.028 -0.003 -$0.48 -$0.43 -$0.03 -$0.937 -$0.11

-4.45 -0.028 -0.003 -$0.49 -$0.44 -$0.03 -$0.950 -$0.10

-4.49 -0.029 -0.003 -$0.50 -$0.44 -$0.03 -$0.963 -$0.10

-4.15 -0.027 -0.002 -$0.46 $0.00 -$0.02 -$0.487 -$0.05

-3.81 -0.024 -0.002 -$0.43 $0.00 -$0.02 -$0.451 -$0.04

-3.46 -0.022 -0.002 -$0.39 $0.00 -$0.02 -$0.414 -$0.03

-3.11 -0.020 -0.002 -$0.35 $0.00 -$0.02 -$0.376 -$0.03

-2.75 -0.018 -0.001 -$0.31 $0.00 -$0.02 -$0.337 -$0.02

-2.39 -0.015 -0.001 -$0.28 $0.00 -$0.02 -$0.297 -$0.02

-2.04 -0.013 -0.001 -$0.24 $0.00 -$0.02 -$0.256 -$0.02

Fuel Switching Effiects for Heat Pump Water Heaters by GSWH Level

Standing Pilot, 2” Ins
-1.70 -0.011 -0.001 -$0.20 $0.00 -$0.02 -$0.218 -$0.01

-1.39 -0.009 0.000 -$0.16 $0.00 $0.00 -$0.167 -$0.01

-1.11 -0.007 0.000 -$0.13 $0.00 $0.00 -$0.134 -$0.01

-0.86 -0.006 0.000 -$0.10 $0.00 $0.00 -$0.105 -$0.01

-0.66 -0.004 0.000 -$0.08 $0.00 $0.00 -$0.081 $0.00

-0.49 -0.003 0.000 -$0.06 $0.00 $0.00 -$0.061 $0.00

-0.36 -0.002 0.000 -$0.04 $0.00 $0.00 -$0.044 $0.00

-0.25 -0.002 0.000 -$0.03 $0.00 $0.00 -$0.032 $0.00

-0.18 -0.001 0.000 -$0.02 $0.00 $0.00 -$0.022 $0.00

-0.12 -0.001 0.000 -$0.01 $0.00 $0.00 -$0.015 $0.00

-0.08 -0.001 0.000 -$0.01 $0.00 $0.00 -$0.010 $0.00

-0.05 0.000 0.000 -$0.01 $0.00 $0.00 -$0.007 $0.00

-0.03 0.000 0.000 $0.00 $0.00 $0.00 -$0.004 $0.00

-0.02 0.000 0.000 $0.00 $0.00 $0.00 -$0.003 $0.00

-0.01 0.000 0.000 $0.00 $0.00 $0.00 -$0.002 $0.00

-0.01 0.000 0.000 $0.00 $0.00 $0.00 -$0.001 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 -$0.001 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000 $0.00
Change in 

Shipments Shipments Stock Elec. Demand

Primary 

Demand

Discounted 

Primary 

Demand

Energy Cost Equipment 

Cost

Millions Millions Millions TWh Quads Quads Billions 

$2009

Billions 

$2009

-0.40 4.74 -0.40 -0.55 -0.006 -0.004 -$0.05 -$0.63

-0.41 4.82 -0.81 -1.10 -0.011 -0.007 -$0.10 -$0.64

-0.41 4.85 -1.22 -1.65 -0.014 -0.009 -$0.16 -$0.64

-0.41 4.87 -1.63 -2.21 -0.017 -0.010 -$0.21 -$0.64

-0.41 4.89 -2.04 -2.76 -0.020 -0.011 -$0.26 -$0.65

-0.41 4.91 -2.45 -3.32 -0.024 -0.012 -$0.32 -$0.65

-0.42 4.91 -2.86 -3.88 -0.028 -0.014 -$0.37 -$0.65

-0.42 4.93 -3.25 -4.41 -0.032 -0.014 -$0.42 -$0.66

-0.43 4.97 -3.62 -4.91 -0.036 -0.015 -$0.47 -$0.67

-0.43 5.03 -3.96 -5.36 -0.040 -0.015 -$0.52 -$0.68

-0.44 5.11 -4.26 -5.77 -0.040 -0.015 -$0.56 -$0.69

-0.45 5.18 -4.52 -6.13 -0.043 -0.015 -$0.59 -$0.70

-0.46 5.24 -4.76 -6.44 -0.045 -0.014 -$0.63 -$0.72

-0.46 5.29 -4.96 -6.71 -0.046 -0.014 -$0.66 -$0.73

-0.47 5.34 -5.13 -6.95 -0.044 -0.012 -$0.69 -$0.74

-0.48 5.40 -5.28 -7.15 -0.046 -0.012 -$0.72 -$0.75

-0.48 5.44 -5.41 -7.32 -0.047 -0.011 -$0.74 -$0.76

-0.49 5.47 -5.52 -7.48 -0.048 -0.011 -$0.76 -$0.76

-0.49 5.51 -5.62 -7.61 -0.049 -0.010 -$0.78 -$0.77

-0.50 5.55 -5.71 -7.74 -0.049 -0.010 -$0.80 -$0.78

-0.50 5.60 -5.79 -7.85 -0.050 -0.009 -$0.81 -$0.79

-0.50 5.64 -5.87 -7.96 -0.051 -0.009 -$0.83 -$0.79

-0.51 5.69 -5.95 -8.06 -0.052 -0.008 -$0.85 -$0.80

-0.51 5.75 -6.02 -8.15 -0.052 -0.008 -$0.86 -$0.81

-0.52 5.80 -6.09 -8.25 -0.053 -0.007 -$0.88 -$0.82

-0.52 5.86 -6.15 -8.34 -0.053 -0.007 -$0.90 -$0.82

-0.53 5.91 -6.22 -8.43 -0.054 -0.007 -$0.91 -$0.83

-0.54 5.96 -6.29 -8.52 -0.054 -0.006 -$0.93 -$0.84

-0.54 6.02 -6.35 -8.60 -0.055 -0.006 -$0.94 -$0.85

-0.55 6.07 -6.41 -8.69 -0.056 -0.006 -$0.96 -$0.86

-5.93 -8.03 -0.051 -0.005 -$0.89 $0.00

-5.44 -7.37 -0.047 -0.004 -$0.83 $0.00

-4.94 -6.69 -0.043 -0.004 -$0.76 $0.00

-4.44 -6.01 -0.038 -0.003 -$0.68 $0.00

-3.93 -5.32 -0.034 -0.002 -$0.61 $0.00

-3.42 -4.63 -0.030 -0.002 -$0.53 $0.00

-2.91 -3.94 -0.025 -0.002 -$0.46 $0.00

Electronic ignition, 1” ins, power vent

Fuel Switching Effiects for Heat Pump Water Heaters by GSWH Level
-2.43 -3.29 -0.021 -0.001 -$0.38 $0.00

-1.98 -2.68 -0.017 -0.001 -$0.32 $0.00

-1.58 -2.14 -0.014 -0.001 -$0.25 $0.00

-1.23 -1.67 -0.011 -0.001 -$0.20 $0.00

-0.94 -1.27 -0.008 0.000 -$0.15 $0.00

-0.70 -0.95 -0.006 0.000 -$0.11 $0.00

-0.51 -0.69 -0.004 0.000 -$0.08 $0.00

-0.36 -0.49 -0.003 0.000 -$0.06 $0.00

-0.25 -0.34 -0.002 0.000 -$0.04 $0.00

-0.17 -0.23 -0.001 0.000 -$0.03 $0.00

-0.11 -0.15 -0.001 0.000 -$0.02 $0.00

-0.07 -0.10 -0.001 0.000 -$0.01 $0.00

-0.05 -0.06 0.000 0.000 -$0.01 $0.00

-0.03 -0.04 0.000 0.000 $0.00 $0.00

-0.02 -0.02 0.000 0.000 $0.00 $0.00

-0.01 -0.01 0.000 0.000 $0.00 $0.00

-0.01 -0.01 0.000 0.000 $0.00 $0.00

0.00 0.00 0.000 0.000 $0.00 $0.00

0.00 0.00 0.000 0.000 $0.00 $0.00

0.00 0.00 0.000 0.000 $0.00 $0.00

0.00 0.00 0.000 0.000 $0.00 $0.00

0.00 0.00 0.000 0.000 $0.00 $0.00
Maintenanc

e and 

Repair Cost

Net Net Present 

Value

Change in 

Shipments Shipments Stock Elec. Demand

Primary 

Demand

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions Millions TWh Quads

$0.00 -$0.686 -$0.49 -0.39 4.75 -0.39 -0.53 -0.006

$0.00 -$0.747 -$0.50 -0.39 4.83 -0.78 -1.06 -0.011

$0.00 -$0.806 -$0.50 -0.40 4.86 -1.18 -1.60 -0.014

-$0.01 -$0.861 -$0.50 -0.40 4.88 -1.58 -2.14 -0.016

-$0.01 -$0.917 -$0.50 -0.40 4.91 -1.98 -2.68 -0.020

-$0.01 -$0.976 -$0.50 -0.40 4.93 -2.38 -3.22 -0.024

-$0.01 -$1.037 -$0.49 -0.40 4.93 -2.77 -3.75 -0.028

-$0.01 -$1.097 -$0.49 -0.41 4.94 -3.15 -4.27 -0.031

-$0.03 -$1.177 -$0.49 -0.41 4.99 -3.51 -4.75 -0.035

-$0.04 -$1.234 -$0.48 -0.42 5.05 -3.83 -5.19 -0.038

-$0.04 -$1.286 -$0.47 -0.43 5.12 -4.12 -5.59 -0.039

-$0.04 -$1.336 -$0.45 -0.43 5.19 -4.38 -5.93 -0.042

-$0.04 -$1.383 -$0.44 -0.44 5.25 -4.60 -6.24 -0.043

-$0.04 -$1.425 -$0.42 -0.45 5.30 -4.80 -6.50 -0.045

-$0.04 -$1.467 -$0.41 -0.45 5.36 -4.96 -6.73 -0.043

-$0.04 -$1.505 -$0.39 -0.46 5.42 -5.11 -6.92 -0.044

-$0.04 -$1.539 -$0.37 -0.47 5.46 -5.23 -7.09 -0.045

-$0.04 -$1.569 -$0.35 -0.47 5.49 -5.34 -7.24 -0.046

-$0.04 -$1.594 -$0.34 -0.48 5.53 -5.44 -7.37 -0.047

-$0.04 -$1.620 -$0.32 -0.48 5.57 -5.53 -7.49 -0.048

-$0.04 -$1.645 -$0.30 -0.48 5.61 -5.61 -7.60 -0.049

-$0.05 -$1.669 -$0.29 -0.49 5.66 -5.68 -7.70 -0.049

-$0.05 -$1.694 -$0.27 -0.49 5.71 -5.76 -7.80 -0.050

-$0.05 -$1.719 -$0.26 -0.50 5.76 -5.83 -7.89 -0.050

-$0.05 -$1.744 -$0.25 -0.50 5.82 -5.89 -7.98 -0.051

-$0.05 -$1.769 -$0.23 -0.51 5.87 -5.96 -8.07 -0.052

-$0.05 -$1.793 -$0.22 -0.51 5.93 -6.02 -8.16 -0.052

-$0.05 -$1.818 -$0.21 -0.52 5.98 -6.08 -8.24 -0.053

-$0.05 -$1.843 -$0.20 -0.52 6.04 -6.15 -8.33 -0.053

-$0.05 -$1.868 -$0.19 -0.53 6.09 -6.21 -8.41 -0.054

-$0.05 -$0.942 -$0.09 -5.74 -7.78 -0.050

-$0.05 -$0.872 -$0.08 -5.26 -7.13 -0.046

-$0.05 -$0.800 -$0.07 -4.78 -6.48 -0.041

-$0.04 -$0.727 -$0.06 -4.29 -5.82 -0.037

-$0.04 -$0.651 -$0.05 -3.80 -5.15 -0.033

-$0.04 -$0.574 -$0.04 -3.31 -4.48 -0.029

-$0.04 -$0.496 -$0.03 -2.82 -3.82 -0.024

Electronic ignition, 1.5” ins, pow

y GSWH Level Fuel Switching Effiects for Heat Pump Water He
-$0.04 -$0.421 -$0.02 -2.35 -3.18 -0.020

-$0.01 -$0.323 -$0.02 -1.92 -2.60 -0.017

-$0.01 -$0.260 -$0.01 -1.53 -2.07 -0.013

$0.00 -$0.204 -$0.01 -1.19 -1.62 -0.010

$0.00 -$0.156 -$0.01 -0.91 -1.23 -0.008

$0.00 -$0.117 $0.00 -0.68 -0.92 -0.006

$0.00 -$0.086 $0.00 -0.49 -0.67 -0.004

$0.00 -$0.062 $0.00 -0.35 -0.47 -0.003

$0.00 -$0.043 $0.00 -0.24 -0.33 -0.002

$0.00 -$0.029 $0.00 -0.16 -0.22 -0.001

$0.00 -$0.020 $0.00 -0.11 -0.15 -0.001

$0.00 -$0.013 $0.00 -0.07 -0.10 -0.001

$0.00 -$0.008 $0.00 -0.04 -0.06 0.000

$0.00 -$0.005 $0.00 -0.03 -0.04 0.000

$0.00 -$0.003 $0.00 -0.02 -0.02 0.000

$0.00 -$0.002 $0.00 -0.01 -0.01 0.000

$0.00 -$0.001 $0.00 -0.01 -0.01 0.000

$0.00 -$0.001 $0.00 0.00 0.00 0.000

$0.00 $0.000 $0.00 0.00 0.00 0.000

$0.00 $0.000 $0.00 0.00 0.00 0.000

$0.00 $0.000 $0.00 0.00 0.00 0.000

$0.00 $0.000 $0.00 0.00 0.00 0.000
Discounted 

Primary 

Demand

Energy Cost Equipment 

Cost

Maintenanc

e and 

Repair Cost

Net Net Present 

Value

Change in 

Shipments Shipments

Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Millions Millions

-0.004 -$0.05 -$0.61 $0.00 -$0.664 -$0.47 -0.37 4.77

-0.007 -$0.10 -$0.62 $0.00 -$0.723 -$0.48 -0.37 4.85

-0.008 -$0.15 -$0.62 $0.00 -$0.780 -$0.49 -0.37 4.88

-0.009 -$0.20 -$0.62 -$0.01 -$0.834 -$0.49 -0.38 4.90

-0.011 -$0.25 -$0.63 -$0.01 -$0.888 -$0.48 -0.38 4.93

-0.012 -$0.31 -$0.63 -$0.01 -$0.945 -$0.48 -0.38 4.95

-0.013 -$0.36 -$0.63 -$0.01 -$1.004 -$0.48 -0.38 4.95

-0.014 -$0.41 -$0.64 -$0.01 -$1.062 -$0.47 -0.38 4.97

-0.014 -$0.46 -$0.65 -$0.03 -$1.139 -$0.47 -0.39 5.01

-0.015 -$0.50 -$0.66 -$0.03 -$1.195 -$0.46 -0.40 5.07

-0.014 -$0.54 -$0.67 -$0.04 -$1.245 -$0.45 -0.40 5.15

-0.014 -$0.58 -$0.68 -$0.04 -$1.293 -$0.44 -0.41 5.22

-0.014 -$0.61 -$0.69 -$0.04 -$1.339 -$0.42 -0.42 5.28

-0.013 -$0.64 -$0.70 -$0.04 -$1.379 -$0.41 -0.42 5.33

-0.012 -$0.67 -$0.71 -$0.04 -$1.420 -$0.39 -0.43 5.38

-0.011 -$0.69 -$0.72 -$0.04 -$1.456 -$0.38 -0.44 5.44

-0.011 -$0.72 -$0.73 -$0.04 -$1.489 -$0.36 -0.44 5.48

-0.010 -$0.74 -$0.74 -$0.04 -$1.519 -$0.34 -0.44 5.51

-0.010 -$0.75 -$0.75 -$0.04 -$1.543 -$0.33 -0.45 5.55

-0.009 -$0.77 -$0.75 -$0.04 -$1.568 -$0.31 -0.45 5.60

-0.009 -$0.79 -$0.76 -$0.04 -$1.592 -$0.29 -0.46 5.64

-0.008 -$0.80 -$0.77 -$0.04 -$1.616 -$0.28 -0.46 5.69

-0.008 -$0.82 -$0.77 -$0.04 -$1.640 -$0.26 -0.47 5.74

-0.008 -$0.84 -$0.78 -$0.05 -$1.664 -$0.25 -0.47 5.79

-0.007 -$0.85 -$0.79 -$0.05 -$1.688 -$0.24 -0.48 5.85

-0.007 -$0.87 -$0.80 -$0.05 -$1.712 -$0.22 -0.48 5.90

-0.006 -$0.88 -$0.81 -$0.05 -$1.736 -$0.21 -0.48 5.96

-0.006 -$0.90 -$0.81 -$0.05 -$1.760 -$0.20 -0.49 6.01

-0.006 -$0.91 -$0.82 -$0.05 -$1.784 -$0.19 -0.49 6.06

-0.005 -$0.93 -$0.83 -$0.05 -$1.808 -$0.18 -0.50 6.12

-0.005 -$0.87 $0.00 -$0.05 -$0.912 -$0.09

-0.004 -$0.80 $0.00 -$0.05 -$0.844 -$0.07

-0.003 -$0.73 $0.00 -$0.04 -$0.775 -$0.06

-0.003 -$0.66 $0.00 -$0.04 -$0.703 -$0.05

-0.002 -$0.59 $0.00 -$0.04 -$0.630 -$0.05

-0.002 -$0.52 $0.00 -$0.04 -$0.555 -$0.04

-0.002 -$0.44 $0.00 -$0.04 -$0.480 -$0.03

Electronic ignition, 1.5” ins, power vent

Effiects for Heat Pump Water Heaters by GSWH Level
-0.001 -$0.37 $0.00 -$0.04 -$0.408 -$0.02

-0.001 -$0.31 $0.00 -$0.01 -$0.313 -$0.02

-0.001 -$0.25 $0.00 -$0.01 -$0.251 -$0.01

0.000 -$0.19 $0.00 $0.00 -$0.197 -$0.01

0.000 -$0.15 $0.00 $0.00 -$0.151 -$0.01

0.000 -$0.11 $0.00 $0.00 -$0.114 $0.00

0.000 -$0.08 $0.00 $0.00 -$0.083 $0.00

0.000 -$0.06 $0.00 $0.00 -$0.060 $0.00

0.000 -$0.04 $0.00 $0.00 -$0.042 $0.00

0.000 -$0.03 $0.00 $0.00 -$0.028 $0.00

0.000 -$0.02 $0.00 $0.00 -$0.019 $0.00

0.000 -$0.01 $0.00 $0.00 -$0.012 $0.00

0.000 -$0.01 $0.00 $0.00 -$0.008 $0.00

0.000 $0.00 $0.00 $0.00 -$0.005 $0.00

0.000 $0.00 $0.00 $0.00 -$0.003 $0.00

0.000 $0.00 $0.00 $0.00 -$0.002 $0.00

0.000 $0.00 $0.00 $0.00 -$0.001 $0.00

0.000 $0.00 $0.00 $0.00 -$0.001 $0.00

0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.000 $0.00 $0.00 $0.00 $0.000 $0.00

0.000 $0.00 $0.00 $0.00 $0.000 $0.00
Stock Elec. 

Demand

Primary 

Demand

Discounted 

Primary 

Demand

Energy Cost Equipment 

Cost

Maintenanc

e and 

Repair Cost

Net

Millions TWh Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

-0.37 -0.50 -0.005 -0.004 -$0.05 -$0.58 $0.00 -$0.626

-0.74 -1.00 -0.010 -0.007 -$0.10 -$0.58 $0.00 -$0.683

-1.12 -1.51 -0.013 -0.008 -$0.14 -$0.59 $0.00 -$0.736

-1.49 -2.02 -0.015 -0.009 -$0.19 -$0.59 -$0.01 -$0.787

-1.87 -2.53 -0.019 -0.010 -$0.24 -$0.59 -$0.01 -$0.838

-2.24 -3.04 -0.022 -0.011 -$0.29 -$0.59 -$0.01 -$0.892

-2.62 -3.55 -0.026 -0.012 -$0.34 -$0.60 -$0.01 -$0.948

-2.98 -4.03 -0.030 -0.013 -$0.39 -$0.60 -$0.01 -$1.003

-3.31 -4.49 -0.033 -0.014 -$0.43 -$0.61 -$0.03 -$1.076

-3.62 -4.91 -0.036 -0.014 -$0.47 -$0.62 -$0.03 -$1.128

-3.90 -5.28 -0.037 -0.013 -$0.51 -$0.63 -$0.03 -$1.176

-4.14 -5.61 -0.039 -0.013 -$0.54 -$0.64 -$0.03 -$1.221

-4.35 -5.89 -0.041 -0.013 -$0.57 -$0.65 -$0.04 -$1.264

-4.53 -6.14 -0.042 -0.012 -$0.60 -$0.66 -$0.04 -$1.302

-4.69 -6.36 -0.041 -0.011 -$0.63 -$0.67 -$0.04 -$1.341

-4.83 -6.54 -0.042 -0.011 -$0.65 -$0.68 -$0.04 -$1.375

-4.94 -6.70 -0.043 -0.010 -$0.68 -$0.69 -$0.04 -$1.407

-5.05 -6.84 -0.044 -0.010 -$0.70 -$0.70 -$0.04 -$1.435

-5.14 -6.96 -0.045 -0.009 -$0.71 -$0.70 -$0.04 -$1.457

-5.22 -7.08 -0.045 -0.009 -$0.73 -$0.71 -$0.04 -$1.481

-5.30 -7.18 -0.046 -0.008 -$0.74 -$0.72 -$0.04 -$1.503

-5.37 -7.28 -0.047 -0.008 -$0.76 -$0.72 -$0.04 -$1.526

-5.44 -7.37 -0.047 -0.008 -$0.78 -$0.73 -$0.04 -$1.549

-5.50 -7.46 -0.048 -0.007 -$0.79 -$0.74 -$0.04 -$1.571

-5.57 -7.54 -0.048 -0.007 -$0.80 -$0.75 -$0.04 -$1.594

-5.63 -7.63 -0.049 -0.006 -$0.82 -$0.75 -$0.04 -$1.617

-5.69 -7.71 -0.049 -0.006 -$0.83 -$0.76 -$0.04 -$1.639

-5.75 -7.79 -0.050 -0.006 -$0.85 -$0.77 -$0.04 -$1.662

-5.81 -7.87 -0.050 -0.005 -$0.86 -$0.78 -$0.05 -$1.685

-5.87 -7.95 -0.051 -0.005 -$0.88 -$0.78 -$0.05 -$1.707

-5.42 -7.35 -0.047 -0.004 -$0.82 $0.00 -$0.04 -$0.862

-4.97 -6.74 -0.043 -0.004 -$0.76 $0.00 -$0.04 -$0.798

-4.52 -6.12 -0.039 -0.003 -$0.69 $0.00 -$0.04 -$0.732

-4.06 -5.50 -0.035 -0.003 -$0.62 $0.00 -$0.04 -$0.665

-3.59 -4.87 -0.031 -0.002 -$0.56 $0.00 -$0.04 -$0.596

-3.13 -4.24 -0.027 -0.002 -$0.49 $0.00 -$0.04 -$0.525

-2.66 -3.61 -0.023 -0.001 -$0.42 $0.00 -$0.04 -$0.454

Fuel Switching Effiects for Heat Pump Water Heaters by GSWH Level

Electronic ignition, 2” ins, power vent
-2.22 -3.01 -0.019 -0.001 -$0.35 $0.00 -$0.03 -$0.385

-1.81 -2.45 -0.016 -0.001 -$0.29 $0.00 -$0.01 -$0.296

-1.44 -1.96 -0.013 -0.001 -$0.23 $0.00 -$0.01 -$0.237

-1.13 -1.53 -0.010 0.000 -$0.18 $0.00 $0.00 -$0.186

-0.86 -1.16 -0.007 0.000 -$0.14 $0.00 $0.00 -$0.143

-0.64 -0.87 -0.006 0.000 -$0.10 $0.00 $0.00 -$0.107

-0.47 -0.63 -0.004 0.000 -$0.08 $0.00 $0.00 -$0.079

-0.33 -0.45 -0.003 0.000 -$0.06 $0.00 $0.00 -$0.056

-0.23 -0.31 -0.002 0.000 -$0.04 $0.00 $0.00 -$0.039

-0.16 -0.21 -0.001 0.000 -$0.03 $0.00 $0.00 -$0.027

-0.10 -0.14 -0.001 0.000 -$0.02 $0.00 $0.00 -$0.018

-0.07 -0.09 -0.001 0.000 -$0.01 $0.00 $0.00 -$0.012

-0.04 -0.06 0.000 0.000 -$0.01 $0.00 $0.00 -$0.007

-0.03 -0.03 0.000 0.000 $0.00 $0.00 $0.00 -$0.005

-0.02 -0.02 0.000 0.000 $0.00 $0.00 $0.00 -$0.003

-0.01 -0.01 0.000 0.000 $0.00 $0.00 $0.00 -$0.002

-0.01 -0.01 0.000 0.000 $0.00 $0.00 $0.00 -$0.001

0.00 0.00 0.000 0.000 $0.00 $0.00 $0.00 -$0.001

0.00 0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000

0.00 0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000

0.00 0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000

0.00 0.00 0.000 0.000 $0.00 $0.00 $0.00 $0.000
Net Present 

Value

Change in 

Shipments Shipments Stock Elec. Demand

Primary 

Demand

Discounted 

Primary 

Demand

Energy Cost

Billions 

$2009 Millions Millions Millions TWh Quads Quads Billions $2009

-$0.45 0.00 5.14 0.00 -0.01 0.000 0.000 $0.00

-$0.45 0.00 5.22 -0.01 -0.01 0.000 0.000 $0.00

-$0.46 0.00 5.25 -0.01 -0.02 0.000 0.000 $0.00

-$0.46 0.00 5.27 -0.02 -0.02 0.000 0.000 $0.00

-$0.46 0.00 5.30 -0.02 -0.03 0.000 0.000 $0.00

-$0.45 0.00 5.32 -0.02 -0.03 0.000 0.000 $0.00

-$0.45 0.00 5.32 -0.03 -0.04 0.000 0.000 $0.00

-$0.45 0.00 5.35 -0.03 -0.04 0.000 0.000 $0.00

-$0.45 0.00 5.39 -0.03 -0.05 0.000 0.000 $0.00

-$0.44 0.00 5.46 -0.04 -0.05 0.000 0.000 $0.00

-$0.43 0.00 5.54 -0.04 -0.05 0.000 0.000 -$0.01

-$0.41 0.00 5.62 -0.04 -0.06 0.000 0.000 -$0.01

-$0.40 0.00 5.69 -0.04 -0.06 0.000 0.000 -$0.01

-$0.39 0.00 5.75 -0.05 -0.06 0.000 0.000 -$0.01

-$0.37 0.00 5.81 -0.05 -0.06 0.000 0.000 -$0.01

-$0.36 0.00 5.87 -0.05 -0.07 0.000 0.000 -$0.01

-$0.34 0.00 5.92 -0.05 -0.07 0.000 0.000 -$0.01

-$0.32 0.00 5.95 -0.05 -0.07 0.000 0.000 -$0.01

-$0.31 0.00 6.00 -0.05 -0.07 0.000 0.000 -$0.01

-$0.29 0.00 6.04 -0.05 -0.07 0.000 0.000 -$0.01

-$0.28 0.00 6.09 -0.05 -0.07 0.000 0.000 -$0.01

-$0.26 0.00 6.14 -0.05 -0.07 0.000 0.000 -$0.01

-$0.25 0.00 6.20 -0.06 -0.08 0.000 0.000 -$0.01

-$0.24 0.00 6.26 -0.06 -0.08 0.000 0.000 -$0.01

-$0.22 0.00 6.32 -0.06 -0.08 0.000 0.000 -$0.01

-$0.21 0.00 6.38 -0.06 -0.08 0.000 0.000 -$0.01

-$0.20 0.00 6.44 -0.06 -0.08 -0.001 0.000 -$0.01

-$0.19 0.00 6.50 -0.06 -0.08 -0.001 0.000 -$0.01

-$0.18 -0.01 6.55 -0.06 -0.08 -0.001 0.000 -$0.01

-$0.17 -0.01 6.61 -0.06 -0.08 -0.001 0.000 -$0.01

-$0.08 -0.06 -0.07 0.000 0.000 -$0.01

-$0.07 -0.05 -0.07 0.000 0.000 -$0.01

-$0.06 -0.05 -0.06 0.000 0.000 -$0.01

-$0.05 -0.04 -0.06 0.000 0.000 -$0.01

-$0.04 -0.04 -0.05 0.000 0.000 -$0.01

-$0.04 -0.03 -0.04 0.000 0.000 $0.00

-$0.03 -0.03 -0.04 0.000 0.000 $0.00

Fuel Switching Effiects for Heat Pump Water Heaters by GSWH Level

Condensing, 2” ins, power vent
-$0.02 -0.02 -0.03 0.000 0.000 $0.00

-$0.02 -0.02 -0.03 0.000 0.000 $0.00

-$0.01 -0.01 -0.02 0.000 0.000 $0.00

-$0.01 -0.01 -0.02 0.000 0.000 $0.00

-$0.01 -0.01 -0.01 0.000 0.000 $0.00

$0.00 -0.01 -0.01 0.000 0.000 $0.00

$0.00 0.00 -0.01 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00

$0.00 0.00 0.00 0.000 0.000 $0.00
Equipment 

Cost

Maintenanc

e and 

Repair Cost

Net Net Present 

Value

Standing 

Pilot, 1.5” 

ins

Standing 

Pilot, 2” Ins

Electronic 

ignition, 1” 

ins, power 

vent

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

-$0.01 $0.00 -$0.008 -$0.01 -$0.01 -$0.01 -$0.03

-$0.01 $0.00 -$0.009 -$0.01 $0.00 $0.00 -$0.01

-$0.01 $0.00 -$0.009 -$0.01 $0.01 $0.01 $0.00

-$0.01 $0.00 -$0.010 -$0.01 $0.02 $0.02 $0.02

-$0.01 $0.00 -$0.010 -$0.01 $0.03 $0.02 $0.04

-$0.01 $0.00 -$0.011 -$0.01 $0.04 $0.03 $0.05

-$0.01 $0.00 -$0.012 -$0.01 $0.04 $0.04 $0.06

-$0.01 $0.00 -$0.012 -$0.01 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.013 -$0.01 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.014 -$0.01 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.014 -$0.01 $0.05 $0.05 $0.09

-$0.01 $0.00 -$0.015 $0.00 $0.06 $0.05 $0.09

-$0.01 $0.00 -$0.015 $0.00 $0.06 $0.05 $0.09

-$0.01 $0.00 -$0.015 $0.00 $0.06 $0.05 $0.10

-$0.01 $0.00 -$0.016 $0.00 $0.06 $0.05 $0.10

-$0.01 $0.00 -$0.016 $0.00 $0.06 $0.05 $0.10

-$0.01 $0.00 -$0.017 $0.00 $0.06 $0.05 $0.10

-$0.01 $0.00 -$0.017 $0.00 $0.06 $0.05 $0.10

-$0.01 $0.00 -$0.017 $0.00 $0.06 $0.05 $0.09

-$0.01 $0.00 -$0.017 $0.00 $0.06 $0.05 $0.09

-$0.01 $0.00 -$0.018 $0.00 $0.05 $0.05 $0.09

-$0.01 $0.00 -$0.018 $0.00 $0.05 $0.05 $0.09

-$0.01 $0.00 -$0.018 $0.00 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.018 $0.00 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.019 $0.00 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.019 $0.00 $0.05 $0.04 $0.08

-$0.01 $0.00 -$0.019 $0.00 $0.04 $0.04 $0.07

-$0.01 $0.00 -$0.019 $0.00 $0.04 $0.04 $0.07

-$0.01 $0.00 -$0.020 $0.00 $0.00 $0.04 $0.07

-$0.01 $0.00 -$0.020 $0.00 $0.00 $0.03 $0.07

$0.00 $0.00 -$0.009 $0.00 $0.04 $0.03 $0.07

$0.00 $0.00 -$0.008 $0.00 $0.03 $0.03 $0.06

$0.00 $0.00 -$0.007 $0.00 $0.03 $0.03 $0.05

$0.00 $0.00 -$0.007 $0.00 $0.02 $0.02 $0.04

$0.00 $0.00 -$0.006 $0.00 $0.02 $0.02 $0.04

$0.00 $0.00 -$0.005 $0.00 $0.02 $0.02 $0.03

$0.00 $0.00 -$0.005 $0.00 $0.01 $0.01 $0.02

Net Fuel Switching Financial Imapcts by GSW

ter Heaters by GSWH Level
$0.00 $0.00 -$0.004 $0.00 $0.01 $0.01 $0.02

$0.00 $0.00 -$0.003 $0.00 $0.01 $0.01 $0.01

$0.00 $0.00 -$0.002 $0.00 $0.01 $0.01 $0.01

$0.00 $0.00 -$0.002 $0.00 $0.00 $0.00 $0.01

$0.00 $0.00 -$0.001 $0.00 $0.00 $0.00 $0.01

$0.00 $0.00 -$0.001 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 -$0.001 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 -$0.001 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00

$0.00 $0.00 $0.000 $0.00 $0.00 $0.00 $0.00
Electronic 

ignition, 1.5” 

ins, power 

vent

Electronic 

ignition, 2” 

ins, power 

vent

Condensing

, 2” ins, 

power vent

Billions 

$2009

Billions 

$2009

Billions 

$2009

-$0.03 -$0.02 $0.00

-$0.01 -$0.01 $0.00

$0.00 $0.00 $0.00

$0.02 $0.02 $0.00

$0.03 $0.03 $0.00

$0.05 $0.04 $0.00

$0.06 $0.05 $0.00

$0.07 $0.06 $0.00

$0.07 $0.06 $0.00

$0.07 $0.06 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.09 $0.07 $0.00

$0.09 $0.07 $0.00

$0.09 $0.08 $0.00

$0.09 $0.08 $0.00

$0.09 $0.07 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.08 $0.07 $0.00

$0.07 $0.06 $0.00

$0.07 $0.06 $0.00

$0.07 $0.06 $0.00

$0.07 $0.06 $0.00

$0.06 $0.06 $0.00

$0.06 $0.05 $0.00

$0.06 $0.05 $0.00

$0.06 $0.05 $0.00

$0.05 $0.05 $0.00

$0.05 $0.04 $0.00

$0.04 $0.03 $0.00

$0.03 $0.03 $0.00

$0.03 $0.02 $0.00

$0.02 $0.02 $0.00

ching Financial Imapcts by GSWH CSL
$0.02 $0.01 $0.00

$0.01 $0.01 $0.00

$0.01 $0.01 $0.00

$0.01 $0.01 $0.00

$0.01 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00

$0.00 $0.00 $0.00
Shipments Affected Stock Avg UEC of 

Shipments

Oil Efficiency, 

Site Savings

Elec. Eff. 

Site Savings

Total Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e Cost 

Savings

Net Savings Net Present 

Value

Oil Efficiency, 

Site Savings

Elec. Eff. Site 

Savings

Total 

Primary 

Savings

Discounte

d Primary 

Savings

Energy 

Cost 

Savings

Equipment 

Cost Savings

Maintenance 

Cost Savings Net Savings Net Present Value

Oil 

Efficiency, 

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary 

Savings

Discounted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

Cost 

Savings

Net Savings Net Present 

Value

Oil 

Efficiency, 

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary 

Savings

Discoun

ted 

Primary 

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e Cost 

Savings

Net 

Savings

Net 

Present 

Value

Oil 

Efficiency

, Site 

Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discount

ed 

Primary 

Savings

Energy 

Cost 

Savings

Equipmen

t Cost 

Savings

Maintena

nce Cost 

Savings

Net 

Savings

Net 

Present 

Value

Oil 

Efficiency

, Site 

Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discount

ed 

Primary 

Savings

Energy 

Cost 

Savings

Equipmen

t Cost 

Savings

Maintena

nce Cost 

Savings

Net 

Savings

Net 

Present 

Value

Oil 

Efficiency

, Site 

Savings

Elec. Eff. 

Site 

Savings

Total 

Primary 

Savings

Discount

ed 

Primary 

Savings

Energy 

Cost 

Savings

Equipmen

t Cost 

Savings

Maintena

nce Cost 

Savings

Net 

Savings

Net 

Present 

Value

Millions Millions MMBtu Quads TWh Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009 Billions $2009 Billions $2009 Billions $2009 Billions $2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009 Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

2015 0.035 0.03 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 -$0.00032 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 -$0.00061 $0.000 $0.000 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 -$0.00385 $0.000 -$0.002 $0.00 0.00008 0.000 0.0001 0.0001 $0.00 -$0.00385 $0.000 -$0.002 $0.00

2016 0.035 0.07 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 -$0.00032 $0.000 $0.000 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00008 0.000 0.0001 0.0001 $0.00 -$0.00061 $0.000 $0.001 $0.00 0.00013 0.000 0.0001 0.0001 $0.00 -$0.00388 $0.000 -$0.001 $0.00 0.00016 0.000 0.0002 0.0001 $0.00 -$0.00388 $0.000 $0.000 $0.00

2017 0.035 0.10 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.000 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 -$0.00032 $0.000 $0.001 $0.00 0.00008 0.000 0.0001 0.0001 $0.00 -$0.00011 $0.000 $0.002 $0.00 0.00012 0.000 0.0001 0.0001 $0.00 -$0.00061 $0.000 $0.003 $0.00 0.00019 0.001 0.0002 0.0001 $0.01 -$0.00388 $0.000 $0.001 $0.00 0.00023 0.001 0.0002 0.0001 $0.01 -$0.00387 $0.000 $0.002 $0.00

2018 0.035 0.14 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 -$0.00032 $0.000 $0.001 $0.00 0.00011 0.000 0.0001 0.0001 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00016 0.000 0.0002 0.0001 $0.00 -$0.00061 $0.000 $0.004 $0.00 0.00026 0.001 0.0003 0.0002 $0.01 -$0.00385 $0.000 $0.003 $0.00 0.00031 0.001 0.0003 0.0002 $0.01 -$0.00385 $0.000 $0.004 $0.00

2019 0.035 0.17 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 -$0.00032 $0.000 $0.002 $0.00 0.00013 0.000 0.0001 0.0001 $0.00 -$0.00011 $0.000 $0.004 $0.00 0.00020 0.001 0.0002 0.0001 $0.01 -$0.00060 $0.000 $0.005 $0.00 0.00032 0.001 0.0003 0.0002 $0.01 -$0.00382 $0.000 $0.005 $0.00 0.00039 0.001 0.0004 0.0002 $0.01 -$0.00382 $0.000 $0.007 $0.00

2020 0.034 0.21 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00031 $0.000 $0.002 $0.00 0.00016 0.000 0.0002 0.0001 $0.00 -$0.00010 $0.000 $0.004 $0.00 0.00024 0.001 0.0002 0.0001 $0.01 -$0.00060 $0.000 $0.006 $0.00 0.00038 0.001 0.0004 0.0002 $0.01 -$0.00379 $0.000 $0.007 $0.00 0.00047 0.001 0.0005 0.0002 $0.01 -$0.00379 $0.000 $0.009 $0.00

2021 0.034 0.24 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.001 $0.00 0.00010 0.000 0.0001 0.0000 $0.00 -$0.00031 $0.000 $0.002 $0.00 0.00019 0.001 0.0002 0.0001 $0.01 -$0.00010 $0.000 $0.005 $0.00 0.00028 0.001 0.0003 0.0001 $0.01 -$0.00059 $0.000 $0.007 $0.00 0.00045 0.001 0.0005 0.0002 $0.01 -$0.00376 $0.000 $0.009 $0.00 0.00054 0.002 0.0006 0.0003 $0.01 -$0.00376 $0.000 $0.011 $0.01

2022 0.034 0.27 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 -$0.00010 $0.000 $0.002 $0.00 0.00011 0.000 0.0001 0.0001 $0.00 -$0.00031 $0.000 $0.003 $0.00 0.00021 0.001 0.0002 0.0001 $0.01 -$0.00010 $0.000 $0.006 $0.00 0.00031 0.001 0.0003 0.0001 $0.01 -$0.00059 $0.000 $0.008 $0.00 0.00050 0.001 0.0005 0.0002 $0.01 -$0.00374 $0.000 $0.010 $0.00 0.00061 0.002 0.0006 0.0003 $0.02 -$0.00374 $0.000 $0.013 $0.01

2023 0.034 0.30 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 -$0.00010 $0.000 $0.002 $0.00 0.00012 0.000 0.0001 0.0001 $0.00 -$0.00031 $0.000 $0.003 $0.00 0.00023 0.001 0.0002 0.0001 $0.01 -$0.00010 $0.000 $0.006 $0.00 0.00035 0.001 0.0004 0.0001 $0.01 -$0.00059 $0.000 $0.009 $0.00 0.00056 0.002 0.0006 0.0002 $0.02 -$0.00373 $0.000 $0.012 $0.00 0.00067 0.002 0.0007 0.0003 $0.02 -$0.00373 $0.000 $0.015 $0.01

2024 0.034 0.33 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 -$0.00010 $0.000 $0.002 $0.00 0.00013 0.000 0.0001 0.0001 $0.00 -$0.00031 $0.000 $0.004 $0.00 0.00025 0.001 0.0003 0.0001 $0.01 -$0.00010 $0.000 $0.007 $0.00 0.00038 0.001 0.0004 0.0001 $0.01 -$0.00059 $0.000 $0.010 $0.00 0.00060 0.002 0.0006 0.0002 $0.02 -$0.00373 $0.000 $0.013 $0.01 0.00073 0.002 0.0007 0.0003 $0.02 -$0.00373 $0.000 $0.017 $0.01

2025 0.034 0.35 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 -$0.00010 $0.000 $0.002 $0.00 0.00014 0.000 0.0001 0.0001 $0.00 -$0.00031 $0.000 $0.004 $0.00 0.00027 0.001 0.0003 0.0001 $0.01 -$0.00010 $0.000 $0.008 $0.00 0.00040 0.001 0.0004 0.0001 $0.01 -$0.00059 $0.000 $0.011 $0.00 0.00064 0.002 0.0007 0.0002 $0.02 -$0.00375 $0.000 $0.015 $0.01 0.00078 0.002 0.0008 0.0003 $0.02 -$0.00374 $0.000 $0.019 $0.01

2026 0.034 0.37 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.002 $0.00 0.00015 0.000 0.0002 0.0001 $0.00 -$0.00031 $0.000 $0.004 $0.00 0.00028 0.001 0.0003 0.0001 $0.01 -$0.00010 $0.000 $0.008 $0.00 0.00042 0.001 0.0004 0.0001 $0.01 -$0.00059 $0.000 $0.012 $0.00 0.00068 0.002 0.0007 0.0002 $0.02 -$0.00376 $0.000 $0.016 $0.01 0.00082 0.002 0.0008 0.0003 $0.02 -$0.00376 $0.000 $0.020 $0.01

2027 0.034 0.38 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.002 $0.00 0.00016 0.000 0.0002 0.0001 $0.00 -$0.00031 $0.000 $0.004 $0.00 0.00029 0.001 0.0003 0.0001 $0.01 -$0.00010 $0.000 $0.009 $0.00 0.00044 0.001 0.0004 0.0001 $0.01 -$0.00060 $0.000 $0.012 $0.00 0.00071 0.002 0.0007 0.0002 $0.02 -$0.00378 $0.000 $0.017 $0.01 0.00085 0.002 0.0009 0.0003 $0.03 -$0.00378 $0.000 $0.021 $0.01

2028 0.034 0.40 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.002 $0.00 0.00016 0.000 0.0002 0.0000 $0.00 -$0.00031 $0.000 $0.004 $0.00 0.00030 0.001 0.0003 0.0001 $0.01 -$0.00010 $0.000 $0.009 $0.00 0.00045 0.001 0.0005 0.0001 $0.01 -$0.00060 $0.000 $0.013 $0.00 0.00073 0.002 0.0007 0.0002 $0.02 -$0.00380 $0.000 $0.018 $0.01 0.00088 0.002 0.0009 0.0003 $0.03 -$0.00380 $0.000 $0.022 $0.01

2029 0.035 0.40 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.002 $0.00 0.00017 0.000 0.0002 0.0000 $0.00 -$0.00032 $0.000 $0.005 $0.00 0.00031 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.009 $0.00 0.00047 0.001 0.0005 0.0001 $0.01 -$0.00060 $0.000 $0.013 $0.00 0.00074 0.002 0.0008 0.0002 $0.02 -$0.00382 $0.000 $0.019 $0.01 0.00090 0.003 0.0009 0.0003 $0.03 -$0.00381 $0.000 $0.023 $0.01

2030 0.035 0.41 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00032 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.009 $0.00 0.00047 0.001 0.0005 0.0001 $0.01 -$0.00060 $0.000 $0.014 $0.00 0.00076 0.002 0.0008 0.0002 $0.02 -$0.00383 $0.000 $0.019 $0.00 0.00092 0.003 0.0009 0.0002 $0.03 -$0.00383 $0.000 $0.024 $0.01

2031 0.035 0.42 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00032 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.010 $0.00 0.00048 0.001 0.0005 0.0001 $0.01 -$0.00061 $0.000 $0.014 $0.00 0.00077 0.002 0.0008 0.0002 $0.02 -$0.00383 $0.000 $0.020 $0.00 0.00093 0.003 0.0009 0.0002 $0.03 -$0.00383 $0.000 $0.025 $0.01

2032 0.035 0.42 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00032 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.010 $0.00 0.00048 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.015 $0.00 0.00078 0.002 0.0008 0.0002 $0.02 -$0.00383 $0.000 $0.020 $0.00 0.00094 0.003 0.0010 0.0002 $0.03 -$0.00383 $0.000 $0.026 $0.01

2033 0.035 0.42 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.010 $0.00 0.00049 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.015 $0.00 0.00078 0.002 0.0008 0.0002 $0.02 -$0.00383 $0.000 $0.021 $0.00 0.00095 0.003 0.0010 0.0002 $0.03 -$0.00383 $0.000 $0.026 $0.01

2034 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.010 $0.00 0.00049 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.015 $0.00 0.00079 0.002 0.0008 0.0002 $0.03 -$0.00383 $0.000 $0.021 $0.00 0.00095 0.003 0.0010 0.0002 $0.03 -$0.00383 $0.000 $0.027 $0.01

2035 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00049 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.015 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00382 $0.000 $0.022 $0.00 0.00096 0.003 0.0010 0.0002 $0.03 -$0.00382 $0.000 $0.027 $0.01

2036 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.005 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00049 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.016 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00382 $0.000 $0.022 $0.00 0.00096 0.003 0.0010 0.0002 $0.03 -$0.00382 $0.000 $0.028 $0.00

2037 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00049 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.016 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00382 $0.000 $0.023 $0.00 0.00096 0.003 0.0010 0.0002 $0.03 -$0.00382 $0.000 $0.028 $0.00

2038 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0001 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.016 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00382 $0.000 $0.023 $0.00 0.00096 0.003 0.0010 0.0001 $0.03 -$0.00382 $0.000 $0.029 $0.00

2039 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00060 $0.000 $0.016 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00383 $0.000 $0.023 $0.00 0.00096 0.003 0.0010 0.0001 $0.03 -$0.00382 $0.000 $0.029 $0.00

2040 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.017 $0.00 0.00079 0.002 0.0008 0.0001 $0.03 -$0.00383 $0.000 $0.024 $0.00 0.00096 0.003 0.0010 0.0001 $0.03 -$0.00383 $0.000 $0.029 $0.00

2041 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.011 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.017 $0.00 0.00080 0.002 0.0008 0.0001 $0.03 -$0.00384 $0.000 $0.024 $0.00 0.00096 0.003 0.0010 0.0001 $0.03 -$0.00384 $0.000 $0.030 $0.00

2042 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.012 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.017 $0.00 0.00080 0.002 0.0008 0.0001 $0.03 -$0.00384 $0.000 $0.024 $0.00 0.00097 0.003 0.0010 0.0001 $0.03 -$0.00384 $0.000 $0.030 $0.00

2043 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.012 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.017 $0.00 0.00080 0.002 0.0008 0.0001 $0.03 -$0.00385 $0.000 $0.025 $0.00 0.00097 0.003 0.0010 0.0001 $0.03 -$0.00385 $0.000 $0.031 $0.00

2044 0.035 0.43 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.00000 $0.000 $0.000 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 -$0.00011 $0.000 $0.003 $0.00 0.00018 0.000 0.0002 0.0000 $0.01 -$0.00032 $0.000 $0.006 $0.00 0.00033 0.001 0.0003 0.0000 $0.01 -$0.00011 $0.000 $0.012 $0.00 0.00050 0.001 0.0005 0.0001 $0.02 -$0.00061 $0.000 $0.017 $0.00 0.00080 0.002 0.0008 0.0001 $0.03 -$0.00386 $0.000 $0.025 $0.00 0.00097 0.003 0.0010 0.0001 $0.03 -$0.00385 $0.000 $0.031 $0.00

2045 0.40 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00016 0.000 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.00031 0.001 0.0003 0.0000 $0.01 $0.000 $0.011 $0.00 0.00046 0.001 0.0005 0.0000 $0.02 $0.000 $0.017 $0.00 0.00073 0.002 0.0007 0.0001 $0.03 $0.000 $0.027 $0.00 0.00089 0.003 0.0009 0.0001 $0.03 $0.000 $0.032 $0.00

2046 0.36 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00015 0.000 0.0002 0.0000 $0.01 $0.000 $0.005 $0.00 0.00028 0.001 0.0003 0.0000 $0.01 $0.000 $0.010 $0.00 0.00042 0.001 0.0004 0.0000 $0.02 $0.000 $0.015 $0.00 0.00067 0.002 0.0007 0.0001 $0.02 $0.000 $0.025 $0.00 0.00081 0.002 0.0008 0.0001 $0.03 $0.000 $0.030 $0.00

2047 0.33 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00013 0.000 0.0001 0.0000 $0.01 $0.000 $0.005 $0.00 0.00025 0.001 0.0003 0.0000 $0.01 $0.000 $0.009 $0.00 0.00038 0.001 0.0004 0.0000 $0.01 $0.000 $0.014 $0.00 0.00061 0.002 0.0006 0.0001 $0.02 $0.000 $0.023 $0.00 0.00074 0.002 0.0007 0.0001 $0.03 $0.000 $0.027 $0.00

2048 0.29 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00012 0.000 0.0001 0.0000 $0.00 $0.000 $0.005 $0.00 0.00023 0.001 0.0002 0.0000 $0.01 $0.000 $0.009 $0.00 0.00034 0.001 0.0003 0.0000 $0.01 $0.000 $0.013 $0.00 0.00054 0.002 0.0006 0.0000 $0.02 $0.000 $0.021 $0.00 0.00066 0.002 0.0007 0.0001 $0.02 $0.000 $0.025 $0.00

2049 0.26 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00011 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.00020 0.001 0.0002 0.0000 $0.01 $0.000 $0.008 $0.00 0.00030 0.001 0.0003 0.0000 $0.01 $0.000 $0.011 $0.00 0.00048 0.001 0.0005 0.0000 $0.02 $0.000 $0.018 $0.00 0.00058 0.002 0.0006 0.0000 $0.02 $0.000 $0.022 $0.00

2050 0.23 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00005 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.00017 0.000 0.0002 0.0000 $0.01 $0.000 $0.007 $0.00 0.00026 0.001 0.0003 0.0000 $0.01 $0.000 $0.010 $0.00 0.00042 0.001 0.0004 0.0000 $0.02 $0.000 $0.016 $0.00 0.00050 0.001 0.0005 0.0000 $0.02 $0.000 $0.019 $0.00

2051 0.19 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00015 0.000 0.0001 0.0000 $0.01 $0.000 $0.006 $0.00 0.00022 0.001 0.0002 0.0000 $0.01 $0.000 $0.009 $0.00 0.00035 0.001 0.0004 0.0000 $0.01 $0.000 $0.014 $0.00 0.00043 0.001 0.0004 0.0000 $0.02 $0.000 $0.017 $0.00

2052 0.16 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00012 0.000 0.0001 0.0000 $0.00 $0.000 $0.005 $0.00 0.00018 0.001 0.0002 0.0000 $0.01 $0.000 $0.007 $0.00 0.00029 0.001 0.0003 0.0000 $0.01 $0.000 $0.012 $0.00 0.00036 0.001 0.0004 0.0000 $0.01 $0.000 $0.014 $0.00

2053 0.13 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00010 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.00015 0.000 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.00024 0.001 0.0002 0.0000 $0.01 $0.000 $0.010 $0.00 0.00029 0.001 0.0003 0.0000 $0.01 $0.000 $0.012 $0.00

2054 0.10 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00012 0.000 0.0001 0.0000 $0.00 $0.000 $0.005 $0.00 0.00019 0.001 0.0002 0.0000 $0.01 $0.000 $0.008 $0.00 0.00023 0.001 0.0002 0.0000 $0.01 $0.000 $0.009 $0.00

2055 0.08 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00009 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.00015 0.000 0.0002 0.0000 $0.01 $0.000 $0.006 $0.00 0.00018 0.001 0.0002 0.0000 $0.01 $0.000 $0.007 $0.00

2056 0.06 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00011 0.000 0.0001 0.0000 $0.00 $0.000 $0.005 $0.00 0.00014 0.000 0.0001 0.0000 $0.01 $0.000 $0.006 $0.00

2057 0.05 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00 0.00010 0.000 0.0001 0.0000 $0.00 $0.000 $0.004 $0.00

2058 0.03 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00

2059 0.02 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00

2060 0.02 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.002 $0.00

2061 0.01 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00

2062 0.01 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00

2063 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2064 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2065 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2066 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2067 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2068 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2069 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2070 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2071 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2072 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

2073 0.00 51.5 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00

Net Present Value

Efficiency Level 3 Efficiency Level 4 Efficiency Level 5

Energy Savings Net Present Value Energy Savings Energy Savings Net Present Value

Oil Storage Water Heater

Base Case Efficiency Level 1 Efficiency Level 2

Energy Savings Net Present Value Energy Savings Net Present Value

Efficiency Level 6

Energy Savings Net Present Value

Efficiency Level 7

Energy Savings Net Present Value
DRAFT

Shipments Affected 

Stock Avg UEC of 

Shipments

Gas Eff. 

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net Savings

Millions Millions MMBtu Quads TWh Quads Quads Billions 

$2009

Billions 

$2009 Billions $2009 Billions $2009

2015 1.172 1.17 27.7 0.00002 0.000 0.0000 0.0000 $0.00 -$0.00031 $0.000 $0.000

2016 1.250 2.42 27.7 0.00004 0.000 0.0000 0.0000 $0.00 -$0.00033 $0.000 $0.000

2017 1.307 3.73 27.7 0.00006 0.000 0.0001 0.0000 $0.00 -$0.00035 $0.000 $0.001

2018 1.354 5.08 27.7 0.00008 0.000 0.0001 0.0001 $0.00 -$0.00036 $0.000 $0.001

2019 1.399 6.48 27.7 0.00010 0.000 0.0001 0.0001 $0.00 -$0.00037 $0.000 $0.001

2020 1.439 7.92 27.7 0.00012 0.000 0.0001 0.0001 $0.00 -$0.00038 $0.000 $0.002

2021 1.471 9.37 27.7 0.00015 0.000 0.0002 0.0001 $0.00 -$0.00039 $0.000 $0.002

2022 1.505 10.79 27.7 0.00017 0.000 0.0002 0.0001 $0.00 -$0.00040 $0.000 $0.002

2023 1.544 12.16 27.7 0.00019 0.000 0.0002 0.0001 $0.00 -$0.00041 $0.000 $0.003

2024 1.584 13.45 27.7 0.00021 0.000 0.0002 0.0001 $0.00 -$0.00042 $0.000 $0.003

2025 1.627 14.64 27.7 0.00023 0.000 0.0002 0.0001 $0.00 -$0.00043 $0.000 $0.003

2026 1.665 15.73 27.7 0.00025 0.000 0.0003 0.0001 $0.00 -$0.00044 $0.000 $0.004

2027 1.697 16.71 27.7 0.00026 0.000 0.0003 0.0001 $0.00 -$0.00045 $0.000 $0.004

2028 1.722 17.58 27.7 0.00028 0.000 0.0003 0.0001 $0.00 -$0.00046 $0.000 $0.004

2029 1.746 18.34 27.7 0.00029 0.000 0.0003 0.0001 $0.00 -$0.00046 $0.000 $0.005

2030 1.769 19.01 27.7 0.00030 0.000 0.0003 0.0001 $0.01 -$0.00047 $0.000 $0.005

2031 1.786 19.60 27.7 0.00031 0.000 0.0003 0.0001 $0.01 -$0.00047 $0.000 $0.005

2032 1.798 20.11 27.7 0.00032 0.000 0.0003 0.0001 $0.01 -$0.00048 $0.000 $0.005

2033 1.812 20.56 27.7 0.00032 0.000 0.0004 0.0001 $0.01 -$0.00048 $0.000 $0.005

2034 1.828 20.95 27.7 0.00033 0.000 0.0004 0.0001 $0.01 -$0.00048 $0.000 $0.006

2035 1.844 21.31 27.7 0.00033 0.000 0.0004 0.0001 $0.01 -$0.00049 $0.000 $0.006

2036 1.862 21.64 27.7 0.00034 0.000 0.0004 0.0001 $0.01 -$0.00049 $0.000 $0.006

Energy Savings

Gas Instantaneous Water Heater

Base Case Efficiency Level 1

Net Present Value

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

2037 1.880 21.93 27.7 0.00034 0.000 0.0004 0.0001 $0.01 -$0.00050 $0.000 $0.006

2038 1.899 22.21 27.7 0.00035 0.000 0.0004 0.0001 $0.01 -$0.00050 $0.000 $0.006

2039 1.919 22.48 27.7 0.00035 0.000 0.0004 0.0001 $0.01 -$0.00051 $0.000 $0.006

2040 1.938 22.73 27.7 0.00036 0.000 0.0004 0.0001 $0.01 -$0.00051 $0.000 $0.007

2041 1.957 22.98 27.7 0.00036 0.000 0.0004 0.0000 $0.01 -$0.00052 $0.000 $0.007

2042 1.976 23.22 27.7 0.00036 0.000 0.0004 0.0000 $0.01 -$0.00052 $0.000 $0.007

2043 1.993 23.45 27.7 0.00037 0.000 0.0004 0.0000 $0.01 -$0.00053 $0.000 $0.007

2044 2.010 23.69 27.7 0.00037 0.000 0.0004 0.0000 $0.01 -$0.00053 $0.000 $0.007

2045 21.89 27.7 0.00034 0.000 0.0004 0.0000 $0.01 $0.000 $0.007

2046 20.07 27.7 0.00031 0.000 0.0003 0.0000 $0.01 $0.000 $0.007

2047 18.23 27.7 0.00029 0.000 0.0003 0.0000 $0.01 $0.000 $0.006

2048 16.38 27.7 0.00026 0.000 0.0003 0.0000 $0.01 $0.000 $0.006

2049 14.50 27.7 0.00023 0.000 0.0002 0.0000 $0.01 $0.000 $0.005

2050 12.61 27.7 0.00020 0.000 0.0002 0.0000 $0.00 $0.000 $0.004

2051 10.74 27.7 0.00017 0.000 0.0002 0.0000 $0.00 $0.000 $0.004

2052 8.95 27.7 0.00014 0.000 0.0002 0.0000 $0.00 $0.000 $0.003

2053 7.30 27.7 0.00011 0.000 0.0001 0.0000 $0.00 $0.000 $0.003

2054 5.83 27.7 0.00009 0.000 0.0001 0.0000 $0.00 $0.000 $0.002

2055 4.54 27.7 0.00007 0.000 0.0001 0.0000 $0.00 $0.000 $0.002

2056 3.46 27.7 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 $0.001

2057 2.58 27.7 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001

2058 1.88 27.7 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 $0.001

2059 1.33 27.7 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001

2060 0.93 27.7 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2061 0.63 27.7 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2062 0.41 27.7 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2063 0.27 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2064 0.17 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2065 0.10 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2066 0.06 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2067 0.04 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2068 0.02 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2069 0.01 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2070 0.01 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2071 0.00 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2072 0.00 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

2073 0.00 27.7 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Net Present 

Value

Gas Eff. 

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenance 

and Repair 

Cost Savings

Net Savings Net Present 

Value Gas Eff. 

Site Savings

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009 Billions $2009 Billions $2009

Billions 

$2009 Quads

$0.00 0.00015 -0.001 0.0002 0.0001 $0.00 -$0.01303 $0.000 -$0.003 -$0.01 0.00017

$0.00 0.00031 -0.003 0.0003 0.0002 $0.00 -$0.01390 $0.000 -$0.007 -$0.01 0.00035

$0.00 0.00048 -0.004 0.0005 0.0003 $0.01 -$0.01453 $0.000 -$0.011 $0.00 0.00053

$0.00 0.00066 -0.005 0.0007 0.0004 $0.01 -$0.01506 $0.000 -$0.015 $0.00 0.00073

$0.00 0.00084 -0.007 0.0009 0.0005 $0.01 -$0.01555 $0.000 -$0.019 $0.00 0.00093

$0.00 0.00103 -0.008 0.0010 0.0005 $0.02 -$0.01599 $0.000 -$0.023 $0.00 0.00113

$0.00 0.00122 -0.010 0.0012 0.0006 $0.02 -$0.01635 $0.000 -$0.027 $0.00 0.00134

$0.00 0.00140 -0.011 0.0014 0.0006 $0.02 -$0.01673 $0.000 -$0.031 $0.00 0.00154

$0.00 0.00158 -0.013 0.0016 0.0007 $0.02 -$0.01716 $0.000 -$0.035 $0.00 0.00174

$0.00 0.00175 -0.014 0.0018 0.0007 $0.03 -$0.01761 $0.000 -$0.039 $0.00 0.00192

$0.00 0.00190 -0.015 0.0020 0.0007 $0.03 -$0.01809 $0.000 -$0.042 $0.00 0.00209

$0.00 0.00204 -0.016 0.0021 0.0007 $0.03 -$0.01851 $0.000 -$0.045 $0.00 0.00225

$0.00 0.00217 -0.017 0.0022 0.0007 $0.03 -$0.01886 $0.000 -$0.048 $0.00 0.00239

$0.00 0.00228 -0.018 0.0024 0.0007 $0.04 -$0.01914 $0.016 -$0.051 $0.01 0.00251

$0.00 0.00238 -0.019 0.0025 0.0007 $0.04 -$0.01940 $0.016 -$0.053 $0.01 0.00262

$0.00 0.00247 -0.020 0.0026 0.0007 $0.04 -$0.01966 $0.016 -$0.055 $0.01 0.00271

$0.00 0.00254 -0.020 0.0026 0.0006 $0.04 -$0.01985 $0.016 -$0.056 $0.01 0.00280

$0.00 0.00261 -0.021 0.0027 0.0006 $0.05 -$0.01998 $0.016 -$0.058 $0.01 0.00287

$0.00 0.00267 -0.021 0.0028 0.0006 $0.05 -$0.02014 $0.016 -$0.059 $0.01 0.00294

$0.00 0.00272 -0.022 0.0028 0.0006 $0.05 -$0.02032 $0.017 -$0.060 $0.01 0.00299

$0.00 0.00277 -0.022 0.0029 0.0005 $0.05 -$0.02050 $0.017 -$0.061 $0.01 0.00304

$0.00 0.00281 -0.022 0.0029 0.0005 $0.05 -$0.02070 $0.018 -$0.062 $0.01 0.00309

Efficiency Level 2

Energy Savings Net Present Value

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

$0.00 0.00285 -0.023 0.0029 0.0005 $0.05 -$0.02090 $0.018 -$0.063 $0.01 0.00313

$0.00 0.00288 -0.023 0.0030 0.0004 $0.05 -$0.02112 $0.018 -$0.064 $0.01 0.00317

$0.00 0.00292 -0.023 0.0030 0.0004 $0.05 -$0.02133 $0.019 -$0.065 $0.01 0.00321

$0.00 0.00295 -0.024 0.0031 0.0004 $0.06 -$0.02155 $0.019 -$0.065 $0.01 0.00325

$0.00 0.00298 -0.024 0.0031 0.0004 $0.06 -$0.02176 $0.019 -$0.066 $0.01 0.00328

$0.00 0.00301 -0.024 0.0031 0.0004 $0.06 -$0.02196 $0.019 -$0.067 $0.01 0.00332

$0.00 0.00304 -0.024 0.0032 0.0003 $0.06 -$0.02216 $0.019 -$0.067 $0.01 0.00335

$0.00 0.00307 -0.025 0.0032 0.0003 $0.06 -$0.02235 $0.019 -$0.068 $0.01 0.00338

$0.00 0.00284 -0.023 0.0029 0.0003 $0.06 $0.019 -$0.063 $0.01 0.00313

$0.00 0.00260 -0.021 0.0027 0.0002 $0.05 $0.019 -$0.058 $0.01 0.00287

$0.00 0.00237 -0.019 0.0024 0.0002 $0.05 $0.019 -$0.052 $0.01 0.00260

$0.00 0.00213 -0.017 0.0022 0.0002 $0.04 $0.020 -$0.047 $0.00 0.00234

$0.00 0.00188 -0.015 0.0019 0.0001 $0.04 $0.020 -$0.042 $0.00 0.00207

$0.00 0.00164 -0.013 0.0017 0.0001 $0.04 $0.020 -$0.036 $0.00 0.00180

$0.00 0.00139 -0.011 0.0014 0.0001 $0.03 $0.020 -$0.031 $0.00 0.00153

$0.00 0.00116 -0.009 0.0012 0.0001 $0.03 $0.021 -$0.026 $0.00 0.00128

$0.00 0.00095 -0.008 0.0010 0.0001 $0.02 $0.021 -$0.021 $0.00 0.00104

$0.00 0.00076 -0.006 0.0008 0.0000 $0.02 $0.021 -$0.017 $0.00 0.00083

$0.00 0.00059 -0.005 0.0006 0.0000 $0.01 $0.021 -$0.013 $0.00 0.00065

$0.00 0.00045 -0.004 0.0005 0.0000 $0.01 $0.021 -$0.010 $0.00 0.00049

$0.00 0.00033 -0.003 0.0003 0.0000 $0.01 -$0.080 -$0.007 $0.00 0.00037

$0.00 0.00024 -0.002 0.0003 0.0000 $0.01 $0.000 -$0.005 $0.00 0.00027

$0.00 0.00017 -0.001 0.0002 0.0000 $0.00 $0.000 -$0.004 $0.00 0.00019

$0.00 0.00012 -0.001 0.0001 0.0000 $0.00 $0.000 -$0.003 $0.00 0.00013

$0.00 0.00008 -0.001 0.0001 0.0000 $0.00 $0.000 -$0.002 $0.00 0.00009

$0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000 -$0.001 $0.00 0.00006

$0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000 -$0.001 $0.00 0.00004

$0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002

$0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001

$0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Gas 

Efficiency

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounte

d Primary

Savings

TWh Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads

-0.001 0.0002 0.0001 $0.00 -$0.02510 $0.000 -$0.023 -$0.02 0.00019 -0.001 0.0002 0.0001

-0.003 0.0003 0.0002 $0.00 -$0.02677 $0.000 -$0.022 -$0.01 0.00040 -0.003 0.0004 0.0003

-0.005 0.0005 0.0003 $0.01 -$0.02799 $0.000 -$0.020 -$0.01 0.00062 -0.005 0.0006 0.0004

-0.006 0.0007 0.0004 $0.01 -$0.02900 $0.000 -$0.018 -$0.01 0.00084 -0.006 0.0009 0.0005

-0.008 0.0009 0.0005 $0.01 -$0.02996 $0.000 -$0.016 -$0.01 0.00108 -0.008 0.0011 0.0006

-0.010 0.0012 0.0006 $0.02 -$0.03081 $0.000 -$0.014 -$0.01 0.00131 -0.010 0.0013 0.0007

-0.011 0.0014 0.0006 $0.02 -$0.03150 $0.000 -$0.011 -$0.01 0.00155 -0.011 0.0016 0.0008

-0.013 0.0016 0.0007 $0.02 -$0.03223 $0.000 -$0.009 $0.00 0.00179 -0.013 0.0018 0.0008

-0.015 0.0018 0.0007 $0.03 -$0.03305 $0.000 -$0.006 $0.00 0.00202 -0.015 0.0021 0.0009

-0.016 0.0020 0.0008 $0.03 -$0.03393 $0.000 -$0.005 $0.00 0.00223 -0.016 0.0023 0.0009

-0.018 0.0022 0.0008 $0.03 -$0.03484 $0.000 -$0.003 $0.00 0.00243 -0.018 0.0025 0.0009

-0.019 0.0023 0.0008 $0.03 -$0.03565 $0.000 -$0.001 $0.00 0.00261 -0.019 0.0027 0.0009

-0.020 0.0025 0.0008 $0.04 -$0.03633 $0.000 $0.001 $0.00 0.00277 -0.020 0.0029 0.0009

-0.021 0.0026 0.0008 $0.04 -$0.03688 $0.015 $0.018 $0.01 0.00291 -0.021 0.0030 0.0009

-0.022 0.0027 0.0007 $0.04 -$0.03738 $0.014 $0.020 $0.01 0.00304 -0.022 0.0032 0.0009

-0.023 0.0028 0.0007 $0.05 -$0.03788 $0.014 $0.022 $0.01 0.00315 -0.023 0.0033 0.0008

-0.024 0.0029 0.0007 $0.05 -$0.03824 $0.015 $0.024 $0.01 0.00325 -0.024 0.0034 0.0008

-0.024 0.0030 0.0007 $0.05 -$0.03849 $0.015 $0.026 $0.01 0.00333 -0.024 0.0035 0.0008

-0.025 0.0030 0.0006 $0.05 -$0.03880 $0.015 $0.027 $0.01 0.00341 -0.025 0.0035 0.0007

-0.025 0.0031 0.0006 $0.05 -$0.03914 $0.015 $0.029 $0.01 0.00347 -0.025 0.0036 0.0007

-0.026 0.0031 0.0006 $0.05 -$0.03948 $0.016 $0.031 $0.01 0.00353 -0.026 0.0037 0.0007

-0.026 0.0032 0.0005 $0.06 -$0.03987 $0.016 $0.032 $0.01 0.00359 -0.026 0.0037 0.0006

Efficiency Level 3 Efficiency Leve

Energy Savings Net Present Value Energy Savings

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

-0.027 0.0032 0.0005 $0.06 -$0.04026 $0.017 $0.034 $0.01 0.00364 -0.026 0.0038 0.0006

-0.027 0.0033 0.0005 $0.06 -$0.04067 $0.017 $0.035 $0.01 0.00368 -0.027 0.0038 0.0006

-0.027 0.0033 0.0005 $0.06 -$0.04109 $0.017 $0.036 $0.01 0.00373 -0.027 0.0039 0.0005

-0.027 0.0034 0.0004 $0.06 -$0.04151 $0.017 $0.037 $0.00 0.00377 -0.027 0.0039 0.0005

-0.028 0.0034 0.0004 $0.06 -$0.04191 $0.017 $0.038 $0.00 0.00381 -0.028 0.0040 0.0005

-0.028 0.0034 0.0004 $0.06 -$0.04231 $0.017 $0.039 $0.00 0.00385 -0.028 0.0040 0.0005

-0.028 0.0035 0.0004 $0.07 -$0.04268 $0.017 $0.040 $0.00 0.00389 -0.028 0.0040 0.0004

-0.029 0.0035 0.0003 $0.07 -$0.04305 $0.017 $0.041 $0.00 0.00393 -0.029 0.0041 0.0004

-0.026 0.0032 0.0003 $0.06 $0.017 $0.080 $0.01 0.00363 -0.026 0.0038 0.0004

-0.024 0.0030 0.0003 $0.06 $0.017 $0.076 $0.01 0.00333 -0.024 0.0035 0.0003

-0.022 0.0027 0.0002 $0.05 $0.018 $0.071 $0.01 0.00302 -0.022 0.0031 0.0003

-0.020 0.0024 0.0002 $0.05 $0.018 $0.067 $0.01 0.00272 -0.020 0.0028 0.0002

-0.018 0.0021 0.0002 $0.04 $0.018 $0.062 $0.00 0.00241 -0.018 0.0025 0.0002

-0.015 0.0019 0.0001 $0.04 $0.018 $0.057 $0.00 0.00209 -0.015 0.0022 0.0001

-0.013 0.0016 0.0001 $0.03 $0.018 $0.051 $0.00 0.00178 -0.013 0.0019 0.0001

-0.011 0.0013 0.0001 $0.03 $0.019 $0.046 $0.00 0.00148 -0.011 0.0015 0.0001

-0.009 0.0011 0.0001 $0.02 $0.019 $0.042 $0.00 0.00121 -0.009 0.0013 0.0001

-0.007 0.0009 0.0000 $0.02 $0.019 $0.037 $0.00 0.00097 -0.007 0.0010 0.0001

-0.005 0.0007 0.0000 $0.01 $0.019 $0.034 $0.00 0.00075 -0.005 0.0008 0.0000

-0.004 0.0005 0.0000 $0.01 $0.019 $0.030 $0.00 0.00057 -0.004 0.0006 0.0000

-0.003 0.0004 0.0000 $0.01 -$0.082 -$0.073 $0.00 0.00043 -0.003 0.0004 0.0000

-0.002 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00 0.00031 -0.002 0.0003 0.0000

-0.002 0.0002 0.0000 $0.00 $0.000 $0.005 $0.00 0.00022 -0.002 0.0002 0.0000

-0.001 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00015 -0.001 0.0002 0.0000

-0.001 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00010 -0.001 0.0001 0.0000

-0.001 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00 0.00007 -0.001 0.0001 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00003 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Energy

Cost 

Savings

Equipment 

Cost 

Savings

Maintenan

ce and 

Repair 

Cost 

Savings

Net 

Savings

Net 

Present 

Value

Gas 

Efficiency

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

$0.00 -$0.03340 $0.000 -$0.031 -$0.02 0.00036 -0.001 0.0004 0.0003 $0.01 -$0.44362 $0.000

$0.01 -$0.03561 $0.000 -$0.030 -$0.02 0.00075 -0.003 0.0008 0.0005 $0.01 -$0.47299 $0.000

$0.01 -$0.03723 $0.000 -$0.028 -$0.02 0.00115 -0.004 0.0012 0.0008 $0.02 -$0.49455 $0.000

$0.01 -$0.03859 $0.000 -$0.026 -$0.02 0.00157 -0.006 0.0017 0.0010 $0.02 -$0.51253 $0.000

$0.02 -$0.03986 $0.000 -$0.024 -$0.01 0.00201 -0.008 0.0021 0.0011 $0.03 -$0.52946 $0.000

$0.02 -$0.04099 $0.000 -$0.021 -$0.01 0.00245 -0.010 0.0026 0.0013 $0.04 -$0.54446 $0.000

$0.02 -$0.04190 $0.000 -$0.018 -$0.01 0.00290 -0.011 0.0030 0.0014 $0.05 -$0.55656 $0.000

$0.03 -$0.04289 $0.000 -$0.015 -$0.01 0.00334 -0.013 0.0035 0.0016 $0.05 -$0.56962 $0.000

$0.03 -$0.04397 $0.000 -$0.013 -$0.01 0.00376 -0.015 0.0040 0.0016 $0.06 -$0.58407 $0.000

$0.03 -$0.04514 $0.000 -$0.011 $0.00 0.00416 -0.016 0.0044 0.0017 $0.07 -$0.59953 $0.000

$0.04 -$0.04635 $0.000 -$0.009 $0.00 0.00453 -0.018 0.0048 0.0017 $0.07 -$0.61566 $0.000

$0.04 -$0.04743 $0.000 -$0.007 $0.00 0.00487 -0.019 0.0052 0.0018 $0.08 -$0.63002 $0.000

$0.04 -$0.04833 $0.000 -$0.004 $0.00 0.00517 -0.020 0.0055 0.0017 $0.08 -$0.64199 $0.000

$0.05 -$0.04906 $0.015 $0.013 $0.00 0.00544 -0.021 0.0058 0.0017 $0.09 -$0.65164 $0.015

$0.05 -$0.04973 $0.014 $0.015 $0.00 0.00567 -0.022 0.0060 0.0017 $0.10 -$0.66052 $0.014

$0.05 -$0.05039 $0.014 $0.017 $0.00 0.00588 -0.023 0.0062 0.0016 $0.10 -$0.66933 $0.014

$0.06 -$0.05087 $0.015 $0.020 $0.00 0.00606 -0.024 0.0064 0.0016 $0.11 -$0.67567 $0.015

$0.06 -$0.05121 $0.015 $0.022 $0.00 0.00622 -0.024 0.0066 0.0015 $0.11 -$0.68024 $0.015

$0.06 -$0.05162 $0.015 $0.023 $0.00 0.00636 -0.025 0.0068 0.0014 $0.11 -$0.68561 $0.015

$0.06 -$0.05208 $0.015 $0.025 $0.00 0.00648 -0.025 0.0069 0.0014 $0.12 -$0.69169 $0.015

$0.06 -$0.05253 $0.016 $0.027 $0.00 0.00659 -0.026 0.0070 0.0013 $0.12 -$0.69771 $0.016

$0.07 -$0.05304 $0.016 $0.028 $0.00 0.00669 -0.026 0.0071 0.0012 $0.12 -$0.70447 $0.016

Efficiency Level 4 Efficiency Level 5

Net Present Value Energy Savings Net Present Value

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

$0.07 -$0.05357 $0.017 $0.030 $0.00 0.00679 -0.026 0.0072 0.0012 $0.13 -$0.71150 $0.017

$0.07 -$0.05411 $0.017 $0.031 $0.00 0.00687 -0.027 0.0073 0.0011 $0.13 -$0.71875 $0.017

$0.07 -$0.05467 $0.017 $0.032 $0.00 0.00695 -0.027 0.0074 0.0010 $0.13 -$0.72613 $0.017

$0.07 -$0.05522 $0.017 $0.034 $0.00 0.00703 -0.027 0.0075 0.0010 $0.14 -$0.73349 $0.017

$0.07 -$0.05576 $0.017 $0.035 $0.00 0.00711 -0.028 0.0075 0.0009 $0.14 -$0.74067 $0.017

$0.08 -$0.05628 $0.017 $0.036 $0.00 0.00718 -0.028 0.0076 0.0009 $0.14 -$0.74759 $0.017

$0.08 -$0.05678 $0.017 $0.037 $0.00 0.00726 -0.028 0.0077 0.0008 $0.15 -$0.75424 $0.017

$0.08 -$0.05727 $0.017 $0.038 $0.00 0.00733 -0.029 0.0078 0.0008 $0.15 -$0.76065 $0.017

$0.07 $0.017 $0.091 $0.01 0.00677 -0.026 0.0072 0.0007 $0.14 $0.017

$0.07 $0.017 $0.086 $0.01 0.00621 -0.024 0.0066 0.0006 $0.13 $0.017

$0.06 $0.018 $0.080 $0.01 0.00564 -0.022 0.0060 0.0005 $0.12 $0.018

$0.06 $0.018 $0.075 $0.01 0.00507 -0.020 0.0054 0.0004 $0.11 $0.018

$0.05 $0.018 $0.069 $0.00 0.00449 -0.017 0.0048 0.0003 $0.10 $0.018

$0.04 $0.018 $0.063 $0.00 0.00390 -0.015 0.0041 0.0003 $0.09 $0.018

$0.04 $0.018 $0.057 $0.00 0.00332 -0.013 0.0035 0.0002 $0.07 $0.018

$0.03 $0.019 $0.051 $0.00 0.00277 -0.011 0.0029 0.0002 $0.06 $0.019

$0.03 $0.019 $0.046 $0.00 0.00226 -0.009 0.0024 0.0001 $0.05 $0.019

$0.02 $0.019 $0.041 $0.00 0.00180 -0.007 0.0019 0.0001 $0.04 $0.019

$0.02 $0.019 $0.036 $0.00 0.00141 -0.005 0.0015 0.0001 $0.03 $0.019

$0.01 $0.019 $0.032 $0.00 0.00107 -0.004 0.0011 0.0001 $0.03 $0.019

$0.01 -$0.082 -$0.072 $0.00 0.00080 -0.003 0.0008 0.0000 $0.02 -$0.082

$0.01 $0.000 $0.007 $0.00 0.00058 -0.002 0.0006 0.0000 $0.01 $0.000

$0.01 $0.000 $0.005 $0.00 0.00041 -0.002 0.0004 0.0000 $0.01 $0.000

$0.00 $0.000 $0.004 $0.00 0.00029 -0.001 0.0003 0.0000 $0.01 $0.000

$0.00 $0.000 $0.003 $0.00 0.00019 -0.001 0.0002 0.0000 $0.00 $0.000

$0.00 $0.000 $0.002 $0.00 0.00013 0.000 0.0001 0.0000 $0.00 $0.000

$0.00 $0.000 $0.001 $0.00 0.00008 0.000 0.0001 0.0000 $0.00 $0.000

$0.00 $0.000 $0.001 $0.00 0.00005 0.000 0.0001 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00003 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000

$0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Net Savings Net Present 

Value

Gas 

Efficiency

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Gas 

Efficiency

Site Savings

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads Billions $2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads

-$0.438 -$0.31 0.00045 -0.001 0.0005 0.0003 $0.01 -$0.51849 $0.000 -$0.512 -$0.36 0.00102

-$0.462 -$0.31 0.00092 -0.003 0.0010 0.0006 $0.01 -$0.55280 $0.000 -$0.539 -$0.36 0.00210

-$0.477 -$0.30 0.00142 -0.004 0.0015 0.0009 $0.02 -$0.57801 $0.000 -$0.557 -$0.35 0.00324

-$0.489 -$0.28 0.00194 -0.006 0.0020 0.0012 $0.03 -$0.59902 $0.000 -$0.570 -$0.33 0.00442

-$0.499 -$0.27 0.00247 -0.008 0.0026 0.0014 $0.04 -$0.61881 $0.000 -$0.581 -$0.32 0.00563

-$0.507 -$0.26 0.00302 -0.010 0.0032 0.0016 $0.05 -$0.63634 $0.000 -$0.590 -$0.30 0.00688

-$0.511 -$0.24 0.00357 -0.011 0.0038 0.0018 $0.06 -$0.65048 $0.000 -$0.595 -$0.28 0.00814

-$0.517 -$0.23 0.00411 -0.013 0.0043 0.0019 $0.07 -$0.66574 $0.000 -$0.601 -$0.27 0.00937

-$0.525 -$0.22 0.00463 -0.015 0.0049 0.0020 $0.07 -$0.68264 $0.000 -$0.609 -$0.25 0.01056

-$0.534 -$0.21 0.00512 -0.016 0.0055 0.0021 $0.08 -$0.70070 $0.000 -$0.620 -$0.24 0.01168

-$0.544 -$0.20 0.00558 -0.018 0.0060 0.0022 $0.09 -$0.71956 $0.000 -$0.631 -$0.23 0.01272

-$0.552 -$0.19 0.00600 -0.019 0.0064 0.0022 $0.10 -$0.73634 $0.000 -$0.640 -$0.22 0.01366

-$0.558 -$0.18 0.00637 -0.020 0.0068 0.0022 $0.10 -$0.75033 $0.000 -$0.646 -$0.20 0.01451

-$0.547 -$0.16 0.00670 -0.021 0.0071 0.0021 $0.11 -$0.76160 $0.015 -$0.635 -$0.19 0.01527

-$0.550 -$0.15 0.00699 -0.022 0.0075 0.0021 $0.12 -$0.77198 $0.014 -$0.639 -$0.18 0.01593

-$0.554 -$0.14 0.00724 -0.023 0.0077 0.0020 $0.13 -$0.78228 $0.014 -$0.643 -$0.17 0.01651

-$0.554 -$0.13 0.00747 -0.024 0.0080 0.0019 $0.13 -$0.78969 $0.015 -$0.643 -$0.16 0.01702

-$0.555 -$0.13 0.00766 -0.024 0.0082 0.0018 $0.14 -$0.79503 $0.015 -$0.643 -$0.15 0.01746

-$0.557 -$0.12 0.00783 -0.025 0.0084 0.0018 $0.14 -$0.80131 $0.015 -$0.645 -$0.14 0.01785

-$0.559 -$0.11 0.00798 -0.025 0.0085 0.0017 $0.15 -$0.80841 $0.015 -$0.647 -$0.13 0.01820

-$0.561 -$0.10 0.00812 -0.026 0.0087 0.0016 $0.15 -$0.81545 $0.016 -$0.650 -$0.12 0.01851

-$0.564 -$0.10 0.00824 -0.026 0.0088 0.0015 $0.15 -$0.82335 $0.016 -$0.653 -$0.11 0.01879

esent Value

Efficiency Level 6

Energy Savings Net Present Value

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

-$0.567 -$0.09 0.00836 -0.026 0.0089 0.0014 $0.16 -$0.83156 $0.017 -$0.657 -$0.11 0.01905

-$0.571 -$0.09 0.00846 -0.027 0.0090 0.0014 $0.16 -$0.84004 $0.017 -$0.661 -$0.10 0.01929

-$0.575 -$0.08 0.00857 -0.027 0.0091 0.0013 $0.17 -$0.84867 $0.017 -$0.666 -$0.09 0.01952

-$0.579 -$0.08 0.00866 -0.027 0.0092 0.0012 $0.17 -$0.85727 $0.017 -$0.671 -$0.09 0.01974

-$0.583 -$0.07 0.00876 -0.028 0.0093 0.0011 $0.17 -$0.86566 $0.017 -$0.675 -$0.08 0.01996

-$0.587 -$0.07 0.00885 -0.028 0.0094 0.0011 $0.18 -$0.87375 $0.017 -$0.679 -$0.08 0.02017

-$0.591 -$0.06 0.00894 -0.028 0.0095 0.0010 $0.18 -$0.88152 $0.017 -$0.683 -$0.07 0.02037

-$0.594 -$0.06 0.00903 -0.028 0.0096 0.0010 $0.19 -$0.88901 $0.017 -$0.687 -$0.07 0.02057

$0.157 $0.01 0.00834 -0.026 0.0089 0.0008 $0.17 $0.017 $0.191 $0.02 0.01901

$0.147 $0.01 0.00765 -0.024 0.0082 0.0007 $0.16 $0.017 $0.178 $0.02 0.01743

$0.137 $0.01 0.00695 -0.022 0.0074 0.0006 $0.15 $0.018 $0.165 $0.01 0.01583

$0.126 $0.01 0.00624 -0.020 0.0067 0.0005 $0.13 $0.018 $0.152 $0.01 0.01422

$0.115 $0.01 0.00553 -0.017 0.0059 0.0004 $0.12 $0.018 $0.138 $0.01 0.01260

$0.104 $0.01 0.00481 -0.015 0.0051 0.0003 $0.11 $0.018 $0.124 $0.01 0.01095

$0.092 $0.01 0.00409 -0.013 0.0044 0.0003 $0.09 $0.018 $0.110 $0.01 0.00933

$0.081 $0.00 0.00341 -0.011 0.0036 0.0002 $0.08 $0.019 $0.096 $0.01 0.00778

$0.070 $0.00 0.00278 -0.009 0.0030 0.0002 $0.06 $0.019 $0.082 $0.00 0.00634

$0.060 $0.00 0.00222 -0.007 0.0024 0.0001 $0.05 $0.019 $0.070 $0.00 0.00506

$0.052 $0.00 0.00173 -0.005 0.0018 0.0001 $0.04 $0.019 $0.059 $0.00 0.00395

$0.044 $0.00 0.00132 -0.004 0.0014 0.0001 $0.03 $0.019 $0.050 $0.00 0.00301

-$0.063 $0.00 0.00098 -0.003 0.0010 0.0000 $0.02 -$0.082 -$0.058 $0.00 0.00224

$0.014 $0.00 0.00072 -0.002 0.0008 0.0000 $0.02 $0.000 $0.017 $0.00 0.00163

$0.010 $0.00 0.00051 -0.002 0.0005 0.0000 $0.01 $0.000 $0.012 $0.00 0.00116

$0.007 $0.00 0.00035 -0.001 0.0004 0.0000 $0.01 $0.000 $0.009 $0.00 0.00080

$0.005 $0.00 0.00024 -0.001 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00 0.00054

$0.003 $0.00 0.00016 0.000 0.0002 0.0000 $0.00 $0.000 $0.004 $0.00 0.00036

$0.002 $0.00 0.00010 0.000 0.0001 0.0000 $0.00 $0.000 $0.003 $0.00 0.00023

$0.001 $0.00 0.00006 0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00015

$0.001 $0.00 0.00004 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00009

$0.001 $0.00 0.00002 0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00005

$0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00003

$0.000 $0.00 0.00001 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002

$0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001

$0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001

$0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

$0.000 $0.00 0.00000 0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Gas 

Efficiency

Site Savings

Elec. Eff. 

Site Savings

Total 

Primary

Discounted 

Primary

Savings

TWh Quads Quads Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009 Quads TWh Quads Quads

-0.001 0.0011 0.0008 $0.02 -$0.39436 $0.000 -$0.379 -$0.27 0.00130 -0.001 0.0014 0.0010

-0.003 0.0022 0.0015 $0.03 -$0.42046 $0.000 -$0.388 -$0.26 0.00269 -0.003 0.0029 0.0019

-0.005 0.0035 0.0022 $0.05 -$0.43964 $0.000 -$0.390 -$0.24 0.00415 -0.005 0.0044 0.0028

-0.006 0.0047 0.0027 $0.07 -$0.45562 $0.000 -$0.387 -$0.23 0.00565 -0.006 0.0061 0.0035

-0.008 0.0060 0.0033 $0.09 -$0.47067 $0.000 -$0.383 -$0.21 0.00721 -0.008 0.0077 0.0042

-0.010 0.0074 0.0037 $0.11 -$0.48400 $0.000 -$0.376 -$0.19 0.00881 -0.010 0.0094 0.0048

-0.011 0.0087 0.0041 $0.13 -$0.49476 $0.000 -$0.366 -$0.17 0.01042 -0.012 0.0112 0.0053

-0.013 0.0100 0.0045 $0.15 -$0.50637 $0.000 -$0.356 -$0.16 0.01200 -0.013 0.0129 0.0057

-0.015 0.0113 0.0047 $0.17 -$0.51922 $0.000 -$0.349 -$0.14 0.01352 -0.015 0.0145 0.0060

-0.016 0.0126 0.0049 $0.19 -$0.53295 $0.000 -$0.346 -$0.13 0.01496 -0.017 0.0161 0.0063

-0.018 0.0137 0.0050 $0.20 -$0.54730 $0.000 -$0.342 -$0.12 0.01629 -0.018 0.0176 0.0064

-0.019 0.0147 0.0050 $0.22 -$0.56006 $0.000 -$0.337 -$0.11 0.01750 -0.019 0.0189 0.0064

-0.020 0.0157 0.0050 $0.24 -$0.57070 $0.000 -$0.330 -$0.10 0.01859 -0.021 0.0201 0.0064

-0.021 0.0165 0.0049 $0.26 -$0.57928 $0.015 -$0.307 -$0.09 0.01955 -0.022 0.0211 0.0062

-0.022 0.0172 0.0047 $0.27 -$0.58717 $0.014 -$0.299 -$0.08 0.02040 -0.023 0.0220 0.0061

-0.023 0.0178 0.0046 $0.29 -$0.59500 $0.014 -$0.292 -$0.08 0.02114 -0.024 0.0228 0.0059

-0.024 0.0184 0.0044 $0.30 -$0.60064 $0.015 -$0.281 -$0.07 0.02180 -0.024 0.0235 0.0057

-0.024 0.0188 0.0042 $0.32 -$0.60470 $0.015 -$0.274 -$0.06 0.02236 -0.025 0.0241 0.0055

-0.025 0.0192 0.0041 $0.33 -$0.60948 $0.015 -$0.269 -$0.06 0.02286 -0.025 0.0247 0.0052

-0.025 0.0196 0.0039 $0.34 -$0.61488 $0.015 -$0.263 -$0.05 0.02331 -0.026 0.0252 0.0050

-0.026 0.0199 0.0037 $0.35 -$0.62024 $0.016 -$0.258 -$0.05 0.02370 -0.026 0.0256 0.0047

-0.026 0.0202 0.0035 $0.36 -$0.62625 $0.016 -$0.254 -$0.04 0.02406 -0.027 0.0260 0.0045

Efficiency Level 7 Efficiency L

Energy Savings Net Present Value Energy Savings

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

-0.027 0.0205 0.0033 $0.36 -$0.63249 $0.017 -$0.251 -$0.04 0.02440 -0.027 0.0263 0.0042

-0.027 0.0208 0.0031 $0.37 -$0.63894 $0.017 -$0.248 -$0.04 0.02471 -0.027 0.0267 0.0040

-0.027 0.0210 0.0030 $0.38 -$0.64550 $0.017 -$0.246 -$0.03 0.02500 -0.028 0.0270 0.0038

-0.028 0.0213 0.0028 $0.39 -$0.65204 $0.017 -$0.244 -$0.03 0.02528 -0.028 0.0273 0.0036

-0.028 0.0215 0.0026 $0.40 -$0.65843 $0.017 -$0.241 -$0.03 0.02556 -0.028 0.0276 0.0034

-0.028 0.0217 0.0025 $0.41 -$0.66458 $0.017 -$0.238 -$0.03 0.02582 -0.029 0.0279 0.0032

-0.029 0.0219 0.0024 $0.42 -$0.67049 $0.017 -$0.235 -$0.03 0.02609 -0.029 0.0282 0.0030

-0.029 0.0222 0.0022 $0.43 -$0.67618 $0.017 -$0.232 -$0.02 0.02634 -0.029 0.0284 0.0028

-0.027 0.0205 0.0019 $0.40 $0.017 $0.417 $0.04 0.02434 -0.027 0.0263 0.0025

-0.024 0.0188 0.0016 $0.37 $0.017 $0.388 $0.03 0.02232 -0.025 0.0241 0.0021

-0.022 0.0171 0.0014 $0.34 $0.018 $0.358 $0.03 0.02028 -0.023 0.0219 0.0018

-0.020 0.0153 0.0012 $0.31 $0.018 $0.327 $0.03 0.01821 -0.020 0.0197 0.0015

-0.018 0.0136 0.0010 $0.28 $0.018 $0.295 $0.02 0.01613 -0.018 0.0174 0.0012

-0.015 0.0118 0.0008 $0.24 $0.018 $0.262 $0.02 0.01403 -0.016 0.0151 0.0010

-0.013 0.0100 0.0006 $0.21 $0.018 $0.229 $0.01 0.01194 -0.013 0.0129 0.0008

-0.011 0.0084 0.0005 $0.18 $0.019 $0.196 $0.01 0.00996 -0.011 0.0107 0.0006

-0.009 0.0068 0.0004 $0.15 $0.019 $0.165 $0.01 0.00812 -0.009 0.0088 0.0005

-0.007 0.0055 0.0003 $0.12 $0.019 $0.137 $0.01 0.00648 -0.007 0.0070 0.0004

-0.006 0.0043 0.0002 $0.09 $0.019 $0.112 $0.01 0.00505 -0.006 0.0055 0.0003

-0.004 0.0032 0.0001 $0.07 $0.019 $0.091 $0.00 0.00385 -0.004 0.0042 0.0002

-0.003 0.0024 0.0001 $0.05 -$0.082 -$0.028 $0.00 0.00287 -0.003 0.0031 0.0001

-0.002 0.0018 0.0001 $0.04 $0.000 $0.040 $0.00 0.00209 -0.002 0.0023 0.0001

-0.002 0.0012 0.0000 $0.03 $0.000 $0.029 $0.00 0.00148 -0.002 0.0016 0.0001

-0.001 0.0009 0.0000 $0.02 $0.000 $0.020 $0.00 0.00103 -0.001 0.0011 0.0000

-0.001 0.0006 0.0000 $0.01 $0.000 $0.014 $0.00 0.00070 -0.001 0.0008 0.0000

-0.001 0.0004 0.0000 $0.01 $0.000 $0.009 $0.00 0.00046 -0.001 0.0005 0.0000

0.000 0.0003 0.0000 $0.01 $0.000 $0.006 $0.00 0.00030 0.000 0.0003 0.0000

0.000 0.0002 0.0000 $0.00 $0.000 $0.004 $0.00 0.00019 0.000 0.0002 0.0000

0.000 0.0001 0.0000 $0.00 $0.000 $0.002 $0.00 0.00011 0.000 0.0001 0.0000

0.000 0.0001 0.0000 $0.00 $0.000 $0.001 $0.00 0.00007 0.000 0.0001 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.001 $0.00 0.00004 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00002 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00001 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0.000 0.0000 0.0000 $0.00 $0.000 $0.000 $0.00 0.00000 0.000 0.0000 0.0000

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Energy Cost 

Savings

Equipment 

Cost 

Savings

Maintenanc

e and 

Repair Cost 

Savings

Net Savings Net Present 

Value

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

Billions 

$2009

$0.02 -$0.60205 $0.000 -$0.582 -$0.42

$0.04 -$0.64190 $0.000 -$0.601 -$0.40

$0.06 -$0.67118 $0.000 -$0.608 -$0.38

$0.09 -$0.69557 $0.000 -$0.608 -$0.35

$0.11 -$0.71855 $0.000 -$0.606 -$0.33

$0.14 -$0.73890 $0.000 -$0.600 -$0.31

$0.17 -$0.75533 $0.000 -$0.590 -$0.28

$0.19 -$0.77305 $0.000 -$0.580 -$0.26

$0.22 -$0.79267 $0.000 -$0.575 -$0.24

$0.24 -$0.81364 $0.000 -$0.574 -$0.22

$0.26 -$0.83553 $0.000 -$0.573 -$0.21

$0.29 -$0.85502 $0.000 -$0.569 -$0.19

$0.31 -$0.87127 $0.000 -$0.563 -$0.18

$0.33 -$0.88436 $0.015 -$0.540 -$0.16

$0.35 -$0.89641 $0.014 -$0.531 -$0.15

$0.37 -$0.90837 $0.014 -$0.523 -$0.14

$0.39 -$0.91697 $0.015 -$0.511 -$0.12

$0.41 -$0.92317 $0.015 -$0.503 -$0.11

$0.42 -$0.93046 $0.015 -$0.498 -$0.11

$0.43 -$0.93871 $0.015 -$0.492 -$0.10

$0.44 -$0.94688 $0.016 -$0.487 -$0.09

$0.46 -$0.95606 $0.016 -$0.484 -$0.08

Efficiency Level 8

Net Present Value

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

$0.47 -$0.96559 $0.017 -$0.481 -$0.08

$0.48 -$0.97544 $0.017 -$0.479 -$0.07

$0.49 -$0.98546 $0.017 -$0.478 -$0.07

$0.50 -$0.99544 $0.017 -$0.476 -$0.06

$0.51 -$1.00519 $0.017 -$0.474 -$0.06

$0.53 -$1.01458 $0.017 -$0.472 -$0.05

$0.54 -$1.02361 $0.017 -$0.470 -$0.05

$0.55 -$1.03230 $0.017 -$0.467 -$0.05

$0.51 $0.017 $0.530 $0.05

$0.48 $0.017 $0.493 $0.04

$0.44 $0.018 $0.455 $0.04

$0.40 $0.018 $0.415 $0.03

$0.36 $0.018 $0.374 $0.03

$0.31 $0.018 $0.331 $0.02

$0.27 $0.018 $0.288 $0.02

$0.23 $0.019 $0.246 $0.01

$0.19 $0.019 $0.207 $0.01

$0.15 $0.019 $0.170 $0.01

$0.12 $0.019 $0.139 $0.01

$0.09 $0.019 $0.111 $0.00

$0.07 -$0.082 -$0.012 $0.00

$0.05 $0.000 $0.051 $0.00

$0.04 $0.000 $0.037 $0.00

$0.03 $0.000 $0.026 $0.00

$0.02 $0.000 $0.018 $0.00

$0.01 $0.000 $0.012 $0.00

$0.01 $0.000 $0.008 $0.00

$0.00 $0.000 $0.005 $0.00

$0.00 $0.000 $0.003 $0.00

$0.00 $0.000 $0.002 $0.00

$0.00 $0.000 $0.001 $0.00

$0.00 $0.000 $0.001 $0.00

$0.00 $0.000 $0.000 $0.00

$0.00 $0.000 $0.000 $0.00

$0.00 $0.000 $0.000 $0.00

$0.00 $0.000 $0.000 $0.00

$0.00 $0.000 $0.000 $0.00

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
Historical Housing Census Data: http://www.census.gov/const/compann.pdf

Historical Housing Census Data: http://www.census.gov/const/www/quarterly_starts_completions.pdf

Source: shipments for GWH and EWH from 1951 to 2009 provided by AHRI Historical Housing Census Data: http://www.census.gov/const/mhs/mhstabplcmnt.pdf

Housing Forecast AEO2010

New Housing (million)

Elec Oil Elec Oil Gas SWH Gas IWH SF + MF Mobile Elec Oil Elec Oil

WH WH WH WH Replacements in kind Conversions+Replacement in kindCompletions Homes Total WH WH WH WH Total New Housing Replacements

1951 2.28 0.00 2.28 1.29 0.05 0.00 0.00 0.00 0.00 

1952 1.84 0.00 1.84 1.04 0.04 0.00 0.00 0.00 0.00 

1953 2.38 0.00 2.38 1.35 0.03 0.00 0.00 0.00 0.00 

1954 2.25 0.00 2.25 1.27 0.03 0.00 0.00 0.00 0.00 

1955 1.98 0.00 1.98 1.12 0.03 0.00 0.00 0.00 0.00 

1956 2.10 0.00 2.10 1.19 0.02 0.00 0.00 0.00 0.00 

1957 2.25 0.00 2.25 1.27 0.02 0.00 0.00 0.00 0.00 

1958 2.43 0.00 2.43 1.38 0.02 0.00 0.00 0.00 0.00 

1959 2.50 0.00 2.50 1.41 0.02 0.04 0.02 0.00 0.00 0.121

1960 2.47 0.00 2.47 1.40 0.02 0.15 0.09 0.00 0.00 0.104

1961 2.58 0.00 2.58 1.46 0.02 0.31 0.18 0.01 0.00 0.090

1962 2.70 0.00 2.70 1.53 0.02 0.52 0.29 0.01 0.00 0.118

1963 2.52 0.00 2.52 1.43 0.02 0.74 0.42 0.01 0.00 0.151

1964 2.45 0.00 2.45 1.39 0.01 0.96 0.54 0.01 0.00 0.191

1965 2.66 0.00 2.66 1.50 0.02 1.18 0.67 0.02 0.00 0.217

1966 2.79 0.00 2.79 1.57 0.01 1.39 0.78 0.02 0.00 0.217

1967 2.89 0.00 2.89 1.63 0.01 1.58 0.89 0.02 0.00 0.240

1968 2.28 0.00 2.28 1.29 0.01 1.75 0.99 0.02 0.00 1.75 0.00 1.320 0.318 1.638 0.821 0.000 0.821 0.653 0.002 2.572 1.642 0.024 0.000 4.238 68% 60% 93% 80% 0.0% 0.0% 0.0%

1969 2.74 0.00 2.74 1.55 0.01 1.90 1.08 0.02 0.00 1.90 0.00 1.399 0.413 1.812 0.883 0.000 0.883 0.753 0.002 2.787 1.829 0.024 0.000 4.640 68% 59% 93% 80% 0.0% 0.0% 0.0%

1970 2.79 0.00 2.79 1.68 0.01 2.04 1.15 0.02 0.00 2.04 0.00 1.418 0.401 1.820 0.861 0.000 0.861 0.788 0.002 2.900 1.940 0.024 0.000 4.865 70% 59% 94% 80% 0.0% 0.0% 0.0%

1971 3.09 0.00 3.09 1.92 0.01 2.16 1.22 0.02 0.00 2.16 0.00 1.706 0.497 2.203 1.012 0.000 1.012 0.993 0.002 3.167 2.210 0.025 0.000 5.402 68% 55% 93% 80% 0.0% 0.0% 0.0%

1972 3.16 0.00 3.16 2.26 0.02 2.25 1.27 0.02 0.00 2.25 0.00 2.004 0.576 2.580 1.150 0.000 1.150 1.207 0.002 3.399 2.478 0.024 0.000 5.901 66% 51% 92% 80% 0.0% 0.0% 0.0%

1973 3.08 0.00 3.08 2.59 0.03 2.33 1.31 0.02 0.00 2.33 0.00 2.101 0.567 2.667 1.172 0.000 1.172 1.261 0.002 3.497 2.575 0.024 0.000 6.096 66% 51% 91% 80% 0.0% 0.0% 0.0%

1974 2.57 0.00 2.57 2.49 0.03 2.39 1.35 0.02 0.00 2.39 0.00 1.729 0.329 2.058 0.891 0.000 0.891 0.982 0.002 3.283 2.334 0.022 0.000 5.640 73% 58% 93% 80% 0.0% 0.0% 0.0%

1975 2.65 0.00 2.65 2.18 0.03 2.45 1.39 0.02 0.00 2.45 0.00 1.317 0.213 1.530 0.653 0.000 0.653 0.738 0.001 3.107 2.124 0.021 0.000 5.253 79% 65% 94% 80% 0.0% 0.0% 0.0%

1976 3.11 0.00 3.11 2.62 0.04 2.50 1.41 0.02 0.00 2.50 0.00 1.377 0.246 1.623 0.683 0.000 0.683 0.790 0.001 3.185 2.204 0.020 0.000 5.409 79% 64% 94% 80% 0.0% 0.0% 0.0%

1977 3.07 0.00 3.07 2.70 0.04 2.54 1.43 0.02 0.00 2.54 0.00 1.657 0.267 1.924 0.797 0.000 0.797 0.946 0.002 3.334 2.380 0.019 0.000 5.733 76% 60% 92% 80% 0.0% 0.0% 0.0%

1978 2.92 0.00 2.92 2.68 0.04 2.57 1.45 0.02 0.00 2.57 0.00 1.868 0.276 2.143 0.854 0.000 0.854 1.098 0.002 3.422 2.551 0.018 0.000 5.992 75% 57% 92% 80% 0.0% 0.0% 0.0%

1979 2.89 0.00 2.89 2.66 0.04 2.60 1.48 0.02 0.00 2.60 0.00 1.871 0.277 2.148 0.823 0.000 0.823 1.145 0.001 3.425 2.624 0.017 0.000 6.067 76% 56% 92% 80% 0.0% 0.0% 0.0%

1980 2.82 0.00 2.82 2.45 0.03 2.65 1.52 0.02 0.00 2.65 0.00 1.502 0.222 1.723 0.633 0.000 0.633 0.954 0.001 3.280 2.476 0.016 0.000 5.772 81% 61% 95% 80% 0.0% 0.0% 0.0%

1981 2.79 0.00 2.79 2.46 0.03 2.70 1.59 0.02 0.00 2.70 0.00 1.266 0.241 1.507 0.530 0.000 0.530 0.865 0.001 3.227 2.453 0.016 0.000 5.696 84% 65% 96% 80% 0.0% 0.0% 0.0%

1982 3.04 0.00 3.04 2.72 0.03 2.74 1.68 0.02 0.00 2.74 0.00 1.006 0.239 1.244 0.418 0.000 0.418 0.740 0.000 3.159 2.415 0.016 0.000 5.590 87% 69% 98% 80% 0.0% 0.0% 0.0%

1983 3.17 0.00 3.17 3.13 0.03 2.77 1.77 0.02 0.00 2.77 0.00 1.390 0.295 1.685 0.590 0.000 0.590 0.976 0.001 3.359 2.744 0.017 0.000 6.120 82% 64% 96% 80% 0.0% 0.0% 0.0%

1984 3.50 0.00 3.50 3.48 0.03 2.79 1.87 0.02 0.00 2.79 0.00 1.652 0.295 1.947 0.709 0.000 0.709 1.097 0.001 3.502 2.963 0.019 0.000 6.484 80% 63% 96% 80% 0.0% 0.0% 0.0%

1985 3.53 0.00 3.53 3.45 0.04 2.82 1.97 0.02 0.00 2.82 0.00 1.703 0.283 1.987 0.751 0.000 0.751 1.088 0.001 3.572 3.058 0.021 0.000 6.651 79% 64% 96% 80% 0.0% 0.0% 0.0%

1986 3.73 0.00 3.73 3.39 0.03 2.85 2.08 0.02 0.00 2.85 0.00 1.756 0.245 2.001 0.785 0.000 0.785 1.064 0.001 3.631 3.140 0.023 0.000 6.794 78% 66% 96% 80% 0.0% 0.0% 0.0%

1987 3.95 0.00 3.95 3.40 0.04 2.87 2.18 0.02 0.00 2.87 0.00 1.669 0.233 1.901 0.772 0.000 0.772 0.981 0.001 3.639 3.159 0.026 0.000 6.824 79% 69% 96% 80% 0.0% 0.0% 0.0%

1988 3.96 0.00 3.96 3.33 0.03 2.88 2.27 0.03 0.00 2.88 0.00 1.530 0.218 1.748 0.725 0.000 0.725 0.887 0.001 3.605 3.155 0.028 0.000 6.788 80% 72% 97% 80% 0.0% 0.0% 0.0% IGWH Market Share Scenarios

1989 4.13 0.00 4.13 3.37 0.03 2.89 2.34 0.03 0.00 2.89 0.00 1.423 0.198 1.621 0.685 0.000 0.685 0.809 0.001 3.572 3.149 0.030 0.000 6.752 81% 74% 97% 80% 0.0% 0.0% 0.0% High Ref Low

1990 3.91 0.00 3.91 3.23 0.03 2.89 2.40 0.03 0.00 2.89 0.00 1.308 0.188 1.496 0.645 0.000 0.645 0.734 0.001 3.537 3.135 0.031 0.000 6.703 82% 77% 98% 80% 0.0% 0.0% 0.0%

1991 3.94 0.00 3.94 3.17 0.03 2.90 2.46 0.03 0.00 2.90 0.00 1.091 0.171 1.262 0.554 0.000 0.554 0.609 0.001 3.456 3.070 0.032 0.000 6.558 84% 80% 98% 80% 0.0% 0.0% 0.0%

1992 4.24 0.00 4.24 3.40 0.02 2.92 2.54 0.03 0.00 2.92 0.00 1.158 0.211 1.368 0.612 0.000 0.612 0.648 0.001 3.537 3.184 0.032 0.000 6.753 83% 80% 98% 80% 0.0% 0.0% 0.0%

1993 4.47 0.00 4.47 3.61 0.02 2.96 2.62 0.03 0.00 2.96 0.00 1.193 0.254 1.447 0.650 0.000 0.650 0.686 0.001 3.614 3.309 0.033 0.000 6.956 82% 79% 98% 80% 0.0% 0.0% 0.0%

1994 4.75 0.00 4.75 3.90 0.03 3.02 2.72 0.03 0.00 3.02 0.00 1.347 0.304 1.651 0.743 0.000 0.743 0.783 0.001 3.764 3.503 0.033 0.000 7.300 80% 78% 98% 80% 0.0% 0.0% 0.0%

1995 4.45 0.00 4.45 3.92 0.03 3.10 2.82 0.03 0.00 3.10 0.00 1.313 0.340 1.653 0.746 0.000 0.746 0.785 0.001 3.842 3.603 0.033 0.000 7.479 81% 78% 98% 80% 0.0% 0.0% 0.0%

1996 4.76 0.00 4.76 4.15 0.03 3.19 2.91 0.03 0.00 3.19 0.00 1.413 0.338 1.751 0.792 0.000 0.792 0.831 0.001 3.980 3.746 0.034 0.001 7.760 80% 78% 98% 80% 0.0% 0.0% 0.0%

1997 4.60 0.00 4.60 4.06 0.03 3.29 3.00 0.03 0.00 3.29 0.00 1.400 0.336 1.736 0.788 0.000 0.788 0.825 0.001 4.079 3.828 0.034 0.001 7.942 81% 78% 98% 80% 0.0% 0.0% 0.0%

1998 4.67 0.00 4.67 4.16 0.04 3.40 3.08 0.03 0.00 3.40 0.00 1.474 0.374 1.848 0.829 0.000 0.829 0.890 0.001 4.227 3.970 0.034 0.002 8.233 80% 78% 98% 80% 0.1% 0.1% 0.1%

1999 4.93 0.00 4.94 4.28 0.04 3.50 3.14 0.03 0.00 3.50 0.00 1.604 0.338 1.942 0.861 0.001 0.862 0.949 0.001 4.360 4.088 0.034 0.004 8.485 80% 77% 98% 80% 0.1% 0.1% 0.1%

2000 4.91 0.01 4.91 4.26 0.04 3.60 3.19 0.03 0.00 3.60 0.01 1.574 0.281 1.855 0.812 0.001 0.813 0.918 0.001 4.407 4.105 0.033 0.007 8.552 82% 78% 98% 80% 0.2% 0.2% 0.2% IGWH%= REFMax x exp(gamma x exp(beta x (y-yo))

2001 4.93 0.01 4.94 4.33 0.03 3.70 3.23 0.03 0.00 3.69 0.01 1.571 0.196 1.767 0.859 0.003 0.861 0.779 0.001 4.550 4.009 0.033 0.013 8.604 81% 81% 98% 80% 0.3% 0.3% 0.3% Linearized data= ln(ln(REFMax/IGWH%)= ln(-gamma)+beta x (y-y0)

2002 4.99 0.02 5.01 4.39 0.04 3.81 3.28 0.03 0.00 3.79 0.02 1.648 0.174 1.822 0.877 0.005 0.882 0.830 0.000 4.667 4.108 0.031 0.024 8.830 81% 80% 99% 80% 0.5% 0.5% 0.5% REFERENCE HIGH LOW

2003 5.12 0.04 5.17 4.43 0.04 3.92 3.34 0.03 0.00 3.88 0.03 1.678 0.140 1.818 0.921 0.009 0.929 0.773 0.000 4.803 4.108 0.031 0.044 8.986 81% 81% 98% 80% 0.9% 0.9% 0.9% Year Linearized data Year Linearized data Year Linearized data

2004 5.25 0.09 5.33 4.57 0.03 4.02 3.40 0.03 0.00 3.96 0.06 1.842 0.124 1.966 1.025 0.016 1.041 0.804 0.000 4.984 4.208 0.030 0.081 9.304 79% 81% 98% 80% 1.6% 1.6% 1.6% 2% 2% 2% 0 1.044465868 0 1.26272 0 0.76488

2005 4.99 0.16 5.15 4.52 0.04 4.13 3.48 0.03 0.00 4.00 0.12 1.932 0.123 2.055 0.946 0.031 0.977 0.928 0.001 4.949 4.410 0.030 0.155 9.544 81% 79% 98% 80% 3.0% 3.2% 3.0% 3% 3% 3% 1 0.789881841 1 1.06343 1 0.4121

2006 4.65 0.24 4.90 4.79 0.03 4.22 3.57 0.03 0.00 4.02 0.20 1.979 0.112 2.091 0.911 0.051 0.962 0.996 0.000 4.929 4.562 0.029 0.256 9.776 82% 78% 99% 80% 4.9% 5.3% 4.8% 5% 5% 5% 2 0.541307488 2 0.88021 2 0.02479

2007 4.38 0.32 4.71 4.47 0.036 4.31 3.65 0.03 0.00 4.04 0.28 1.503 0.095 1.598 0.678 0.069 0.747 0.725 0.000 4.715 4.380 0.029 0.347 9.471 86% 83% 99% 80% 6.8% 9.3% 6.4% 7% 7% 7% 3 0.329479063 3 0.734 3 -0.36083

2008 4.00 0.36 4.36 4.19 0.03 4.40 3.75 0.03 0.00 4.07 0.33 1.120 0.078 1.197 0.494 0.083 0.577 0.540 0.000 4.565 4.285 0.030 0.415 9.295 89% 87% 99% 80% 8.3% 14.4% 7.5% 8% 8% 8% 4 0.176590309 4 0.63461 4 -0.69316

2009 3.76 0.38 4.14 3.75 0.03 4.49 3.83 0.03 0.00 4.11 0.38 1.108 0.109 1.217 0.492 0.094 0.586 0.549 0.000 4.604 4.383 0.031 0.470 9.488 89% 87% 99% 80% 9.3% 16.0% 8.4% 9% 9% 9% 5 0.084293886 5 0.57723 5 -0.92937

2010 4.76 0.65 5.41 4.71 0.03 4.57 3.92 0.03 0.00 4.05 0.52 1.594 0.152 1.746 0.711 0.130 0.841 0.787 0.000 4.758 4.708 0.032 0.651 10.148 85% 83% 99% 80% 12.0% 15.5% 11.4% 13% 12% 11%

2011 4.61 0.75 5.36 4.67 0.03 4.64 4.00 0.03 0.00 4.05 0.60 1.353 0.133 1.486 0.566 0.149 0.716 0.670 0.000 4.613 4.672 0.032 0.747 10.064 88% 86% 99% 80% 13.9% 20.9% 12.9% 16% 14% 11%

2012 4.68 0.87 5.55 4.86 0.03 4.72 4.08 0.03 0.01 4.02 0.70 1.597 0.128 1.725 0.656 0.175 0.831 0.778 0.000 4.681 4.858 0.033 0.874 10.445 86% 84% 99% 80% 15.7% 21.0% 14.8% 18% 16% 12% SUMMARY OUTPUT SUMMARY OUTPUT SUMMARY OUTPUT

2013 4.68 0.98 5.66 4.96 0.03 4.78 4.15 0.03 0.02 4.01 0.79 1.649 0.139 1.788 0.665 0.197 0.861 0.806 0.000 4.678 4.960 0.034 0.984 10.656 86% 84% 99% 80% 17.4% 22.8% 16.4% 21% 17% 13%

2014 4.65 1.08 5.74 5.04 0.03 4.84 4.23 0.03 0.03 4.00 0.87 1.643 0.163 1.807 0.654 0.216 0.870 0.815 0.000 4.654 5.041 0.034 1.081 10.811 86% 84% 99% 80% 18.9% 24.9% 17.8% 24% 19% 13% Regression Statistics Regression Statistics Regression Statistics

2015 4.64 1.17 5.81 5.14 0.03 4.86 4.29 0.03 0.05 3.97 0.94 1.694 0.184 1.878 0.670 0.234 0.905 0.847 0.000 4.642 5.141 0.035 1.172 10.990 86% 84% 99% 80% 20.2% 25.9% 19.1% 27% 20% 13% Multiple R 0.987099932 Multiple R 0.98105 Multiple R 0.99734

2016 4.62 1.25 5.87 5.22 0.04 4.85 4.34 0.03 0.07 3.93 1.00 1.745 0.206 1.951 0.690 0.250 0.940 0.880 0.000 4.617 5.224 0.035 1.250 11.126 85% 83% 99% 80% 21.3% 26.6% 20.3% 29% 21% 13% R Square 0.974366276 R Square 0.96246 R Square 0.99469

2017 4.56 1.31 5.86 5.26 0.04 4.80 4.37 0.03 0.11 3.87 1.05 1.756 0.219 1.975 0.690 0.261 0.951 0.890 0.001 4.555 5.257 0.035 1.307 11.154 85% 83% 99% 80% 22.3% 27.5% 21.3% 32% 22% 13% Adjusted R Square 0.967957845 Adjusted R Square 0.95307 Adjusted R Square 0.99336

2018 4.50 1.35 5.85 5.28 0.03 4.74 4.37 0.03 0.15 3.81 1.08 1.774 0.227 2.001 0.693 0.271 0.964 0.902 0.001 4.498 5.277 0.035 1.354 11.165 85% 83% 99% 80% 23.1% 28.1% 22.2% 34% 23% 14% Standard Error 0.06642304 Standard Error 0.05736 Standard Error 0.05316

2019 4.46 1.40 5.86 5.30 0.03 4.68 4.39 0.03 0.20 3.76 1.12 1.800 0.233 2.033 0.699 0.280 0.979 0.917 0.001 4.464 5.304 0.035 1.399 11.202 84% 83% 98% 80% 23.9% 28.6% 22.9% 36% 24% 14% Observations 6 Observations 6 Observations 6

2020 4.44 1.44 5.88 5.33 0.03 4.64 4.41 0.03 0.26 3.75 1.15 1.803 0.232 2.034 0.692 0.288 0.980 0.917 0.001 4.441 5.325 0.034 1.439 11.239 84% 83% 98% 80% 24.5% 29.4% 23.5% 38% 24% 14%

2021 4.42 1.47 5.89 5.33 0.03 4.60 4.44 0.03 0.34 3.76 1.18 1.744 0.226 1.969 0.654 0.294 0.949 0.888 0.001 4.416 5.328 0.034 1.471 11.249 85% 83% 99% 80% 25.0% 31.0% 23.8% 40% 25% 14% ANOVA ANOVA ANOVA

2022 4.42 1.51 5.92 5.35 0.03 4.58 4.49 0.03 0.42 3.79 1.20 1.697 0.221 1.919 0.623 0.301 0.924 0.865 0.000 4.418 5.352 0.034 1.505 11.308 86% 84% 99% 80% 25.4% 32.6% 24.1% 42% 25% 14% df SS MS F Significance F df SS MS F Significance F df SS MS F Significance F

2023 4.45 1.54 5.99 5.40 0.03 4.57 4.55 0.03 0.51 3.84 1.23 1.676 0.216 1.891 0.602 0.309 0.911 0.853 0.000 4.445 5.398 0.034 1.544 11.420 86% 84% 99% 80% 25.8% 33.9% 24.3% 43% 26% 14% Regression 1 0.670823 0.670823124 152.044 0.00025 Regression 1 0.33744 0.33744 102.55 0.00054 Regression 1 2.11677 2.11677 749.121 1.1E-05

2024 4.49 1.58 6.08 5.46 0.03 4.57 4.62 0.03 0.60 3.90 1.27 1.671 0.211 1.882 0.590 0.317 0.907 0.849 0.000 4.492 5.464 0.034 1.584 11.575 87% 84% 99% 80% 26.1% 35.0% 24.5% 45% 26% 14% Residual 4 0.017648 0.00441202 Residual 4 0.01316 0.00329 Residual 4 0.0113 0.00283

2025 4.55 1.63 6.18 5.55 0.03 4.57 4.69 0.03 0.70 3.97 1.30 1.686 0.208 1.894 0.587 0.325 0.912 0.854 0.000 4.554 5.548 0.034 1.627 11.763 87% 85% 99% 80% 26.3% 35.7% 24.7% 46% 26% 14% Total 5 0.688471 Total 5 0.3506 Total 5 2.12807

2026 4.61 1.66 6.28 5.63 0.03 4.57 4.78 0.03 0.80 4.04 1.33 1.680 0.206 1.886 0.575 0.333 0.908 0.850 0.000 4.612 5.627 0.034 1.665 11.937 88% 85% 99% 80% 26.5% 36.7% 24.8% 47% 27% 14%

2027 4.66 1.70 6.35 5.70 0.03 4.57 4.86 0.03 0.89 4.10 1.36 1.650 0.205 1.854 0.554 0.339 0.893 0.836 0.000 4.658 5.695 0.034 1.697 12.084 88% 85% 99% 80% 26.7% 38.0% 24.9% 48% 27% 14% Coefficients Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%Upper 95.0% CoefficientsStandard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%Upper 95.0% CoefficientsStandard Error t Stat P-value Lower 95%Upper 95% Lower 95.0% Upper 95.0%

2028 4.69 1.72 6.42 5.75 0.03 4.57 4.94 0.03 0.98 4.17 1.38 1.605 0.202 1.807 0.526 0.344 0.870 0.815 0.000 4.694 5.752 0.034 1.722 12.203 89% 86% 99% 80% 26.8% 39.6% 24.8% 49% 27% 14% Intercept 0.98380519 0.048073 20.46461917 3.4E-05 0.85033 1.11728 0.85033 1.11728 Intercept 1.20585 0.04152 29.0453 8.4E-06 1.09058 1.32112 1.09058 1.32112 Intercept 0.73921 0.03847 19.2142 4.3E-05 0.6324 0.84603 0.63239543 0.846027

2029 4.73 1.75 6.48 5.81 0.03 4.56 5.01 0.03 1.06 4.22 1.40 1.578 0.198 1.776 0.506 0.349 0.856 0.801 0.000 4.730 5.812 0.035 1.746 12.322 89% 86% 99% 80% 27.0% 40.8% 24.8% 50% 27% 14% X Variable 1 -0.195787512 0.015878 -12.33063 0.00025 -0.23987 -0.1517 -0.23987 -0.1517 X Variable 1-0.13886 0.01371 -10.1267 0.00054 -0.17693 -0.10079 -0.17693 -0.10079 X Variable 1-0.34779 0.01271 -27.3701 1.1E-05 -0.38307 -0.31251 -0.3830704 -0.31251

2030 4.77 1.77 6.54 5.88 0.03 4.55 5.08 0.03 1.14 4.27 1.42 1.581 0.195 1.776 0.502 0.354 0.855 0.801 0.000 4.770 5.877 0.035 1.769 12.451 89% 86% 99% 80% 27.1% 41.4% 24.9% 50% 27% 14%

2031 4.80 1.79 6.58 5.92 0.03 4.53 5.13 0.03 1.21 4.31 1.43 1.560 0.192 1.752 0.487 0.357 0.844 0.790 0.000 4.796 5.925 0.035 1.786 12.541 90% 87% 99% 80% 27.1% 42.3% 24.9% 51% 27% 14% MSMax   R2

2032 4.81 1.80 6.61 5.96 0.03 4.52 5.19 0.03 1.27 4.35 1.44 1.521 0.190 1.711 0.465 0.360 0.824 0.772 0.000 4.812 5.958 0.035 1.798 12.603 90% 87% 99% 80% 27.2% 43.6% 24.9% 51% 27% 14% Ref 27.50% -2.67 -0.20 97.4%

2033 4.84 1.81 6.65 6.00 0.03 4.50 5.24 0.03 1.33 4.38 1.45 1.510 0.186 1.696 0.455 0.362 0.817 0.765 0.000 4.837 6.000 0.035 1.812 12.684 91% 87% 99% 80% 27.2% 44.4% 24.9% 52% 27% 14% Low 13.75% -2.09 -0.35 99.5%

2034 4.87 1.83 6.70 6.05 0.03 4.50 5.28 0.03 1.38 4.42 1.46 1.516 0.182 1.698 0.452 0.366 0.818 0.766 0.000 4.869 6.049 0.035 1.828 12.780 91% 87% 99% 80% 27.3% 44.7% 24.9% 52% 27% 14% High 55.00% -3.34 -0.14 96.2%

2035 4.90 1.84 6.75 6.10 0.03 4.50 5.33 0.03 1.43 4.45 1.48 1.518 0.178 1.696 0.448 0.369 0.817 0.765 0.000 4.903 6.096 0.035 1.844 12.877 91% 87% 99% 80% 27.3% 45.1% 24.9% 53% 27% 14%

2036 4.94 1.86 6.80 6.15 0.03 4.51 5.38 0.03 1.47 4.49 1.49 1.525 0.178 1.703 0.448 0.372 0.820 0.768 0.000 4.943 6.149 0.035 1.862 12.988 91% 88% 99% 80% 27.4% 45.4% 24.9% 53% 27% 14%

2037 4.99 1.88 6.87 6.20 0.03 4.53 5.43 0.03 1.52 4.53 1.52 1.533 0.178 1.711 0.448 0.376 0.824 0.772 0.000 4.986 6.204 0.035 1.880 13.105 91% 88% 99% 81% 27.4% 45.6% 24.9% 53% 27% 14%

2038 5.03 1.90 6.93 6.26 0.03 4.55 5.49 0.03 1.56 4.55 1.56 1.541 0.178 1.719 0.448 0.380 0.828 0.775 0.000 5.031 6.261 0.035 1.899 13.227 90% 88% 99% 82% 27.4% 45.9% 24.9% 53% 27% 14%

2039 5.08 1.92 7.00 6.32 0.03 4.57 5.54 0.03 1.59 4.57 1.59 1.548 0.178 1.726 0.448 0.384 0.832 0.778 0.000 5.079 6.321 0.035 1.919 13.353 90% 88% 99% 83% 27.4% 46.2% 24.9% 54% 27% 14%

2040 5.13 1.94 7.07 6.38 0.03 4.60 5.60 0.03 1.63 4.60 1.63 1.556 0.178 1.734 0.448 0.388 0.835 0.782 0.000 5.127 6.381 0.035 1.938 13.481 90% 88% 99% 84% 27.4% 46.4% 24.9% 54% 27% 14%

2041 5.17 1.96 7.13 6.44 0.03 4.63 5.66 0.03 1.66 4.63 1.66 1.564 0.178 1.742 0.448 0.391 0.839 0.785 0.000 5.174 6.441 0.035 1.957 13.607 90% 88% 99% 85% 27.4% 46.7% 24.9% 54% 27% 14%

2042 5.22 1.98 7.20 6.50 0.03 4.67 5.71 0.03 1.69 4.67 1.69 1.572 0.178 1.750 0.448 0.395 0.843 0.789 0.000 5.220 6.500 0.035 1.976 13.730 89% 88% 99% 85% 27.5% 46.9% 24.9% 54% 27% 14%

2043 5.26 1.99 7.26 6.56 0.03 4.70 5.77 0.03 1.71 4.70 1.71 1.580 0.178 1.758 0.448 0.399 0.847 0.793 0.000 5.264 6.558 0.035 1.993 13.851 89% 88% 99% 86% 27.5% 47.1% 24.9% 54% 27% 14%

2044 5.31 2.01 7.32 6.62 0.03 4.73 5.82 0.03 1.74 4.73 1.74 1.588 0.178 1.765 0.448 0.402 0.850 0.796 0.000 5.307 6.616 0.035 2.010 13.968 89% 88% 99% 86% 27.5% 47.3% 24.9% 54% 27% 14%

1

GIWH GWH+GIWH Electric WH

Base Case Shipments

Base Case Shipments (million)

Gas SWH

Gas SWH

Historical & Projected

Modeled Replacements (million) -based on 

past shipments (no conversion to 

Instantaneous)

Oil WH

Modeled Replacements (million) with 

conversion from Storage to Instantaneous

Gas IWH Total GWH

Gas IWH Gas SWH Gas IWH

Fraction of GWH shipments that are IGWH

Fraction of Shipments that are for Replacements

Gas SWH

Modeled Shipments (million)

Gas IWH Total Shipment

Modeled New Construction Installations (million)

Gas SWH

0%

10%

20%

30%

40%

50%

60%

2000 2010 2020 2030 2040 2050

Historical Data

High Penetration Scenario

Reference Scenario

Low Penetration Scenario
Million Million Million Million Million Million Million Million

2015 4.64 5.14 4.64 5.14 4.64 5.14 4.64 5.14

2016 4.62 5.22 4.62 5.22 4.62 5.22 4.62 5.22

2017 4.56 5.26 4.56 5.26 4.56 5.26 4.56 5.26

2018 4.50 5.28 4.50 5.28 4.50 5.28 4.50 5.28

2019 4.46 5.30 4.46 5.30 4.46 5.30 4.46 5.30

2020 4.44 5.33 4.44 5.33 4.44 5.33 4.44 5.33

2021 4.42 5.33 4.42 5.33 4.42 5.33 4.42 5.33

2022 4.42 5.35 4.42 5.35 4.42 5.35 4.42 5.35

2023 4.45 5.40 4.45 5.40 4.45 5.40 4.45 5.40

2024 4.49 5.46 4.49 5.46 4.49 5.46 4.49 5.46

2025 4.55 5.55 4.55 5.55 4.55 5.55 4.55 5.55

2026 4.61 5.63 4.61 5.63 4.61 5.63 4.61 5.63

2027 4.66 5.70 4.66 5.70 4.66 5.70 4.66 5.70

2028 4.69 5.75 4.69 5.75 4.69 5.75 4.69 5.75

2029 4.73 5.81 4.73 5.81 4.73 5.81 4.73 5.81

2030 4.77 5.88 4.77 5.88 4.77 5.88 4.77 5.88

2031 4.80 5.92 4.80 5.92 4.80 5.92 4.80 5.92

2032 4.81 5.96 4.81 5.96 4.81 5.96 4.81 5.96

2033 4.84 6.00 4.84 6.00 4.84 6.00 4.84 6.00

2034 4.87 6.05 4.87 6.05 4.87 6.05 4.87 6.05

2035 4.90 6.10 4.90 6.10 4.90 6.10 4.90 6.10

2036 4.94 6.15 4.94 6.15 4.94 6.15 4.94 6.15

2037 4.99 6.20 4.99 6.20 4.99 6.20 4.99 6.20

2038 5.03 6.26 5.03 6.26 5.03 6.26 5.03 6.26

2039 5.08 6.32 5.08 6.32 5.08 6.32 5.08 6.32

2040 5.13 6.38 5.13 6.38 5.13 6.38 5.13 6.38

2041 5.17 6.44 5.17 6.44 5.17 6.44 5.17 6.44

2042 5.22 6.50 5.22 6.50 5.22 6.50 5.22 6.50

2043 5.26 6.56 5.26 6.56 5.26 6.56 5.26 6.56

2044 5.31 6.62 5.31 6.62 5.31 6.62 5.31 6.62

Shipments by TSL in the case of Fuel Switching, and Capacity Switching

TSL 1 TSL 2 TSL 3 TSL 4

GSWH ESWH GSWH ESWH GSWH ESWH GSWH ESWH
Million Million Million Million Million Million Million Million Million

Sm La Sm La Sm La Sm La

4.53 0.14 4.93 0.29 4.52 0.14 4.93 0.29 4.85

4.50 0.14 5.01 0.29 4.50 0.14 5.01 0.29 4.83

4.44 0.14 5.04 0.29 4.44 0.14 5.04 0.29 4.77

4.38 0.13 5.06 0.29 4.38 0.14 5.06 0.29 4.71

4.35 0.13 5.09 0.29 4.35 0.13 5.09 0.29 4.68

4.33 0.13 5.11 0.30 4.32 0.13 5.11 0.30 4.65

4.30 0.13 5.11 0.30 4.30 0.13 5.11 0.30 4.63

4.31 0.13 5.13 0.30 4.30 0.13 5.13 0.30 4.64

4.33 0.13 5.18 0.30 4.33 0.13 5.18 0.30 4.67

4.38 0.13 5.24 0.30 4.38 0.14 5.24 0.30 4.72

4.44 0.14 5.32 0.31 4.44 0.14 5.32 0.31 4.78

4.49 0.14 5.40 0.31 4.49 0.14 5.40 0.31 4.84

4.54 0.14 5.46 0.32 4.54 0.14 5.46 0.32 4.89

4.58 0.14 5.52 0.32 4.57 0.14 5.52 0.32 4.93

4.61 0.14 5.57 0.32 4.61 0.14 5.57 0.32 4.97

4.65 0.14 5.64 0.33 4.65 0.14 5.64 0.33 5.02

4.67 0.14 5.68 0.33 4.67 0.14 5.68 0.33 5.04

4.69 0.14 5.71 0.33 4.69 0.15 5.71 0.33 5.06

4.71 0.14 5.75 0.33 4.71 0.15 5.75 0.33 5.09

4.75 0.15 5.80 0.34 4.74 0.15 5.80 0.34 5.13

4.78 0.15 5.85 0.34 4.77 0.15 5.85 0.34 5.16

4.82 0.15 5.90 0.34 4.81 0.15 5.90 0.34 5.20

4.86 0.15 5.95 0.34 4.86 0.15 5.95 0.34 5.25

4.90 0.15 6.00 0.35 4.90 0.15 6.00 0.35 5.30

4.95 0.15 6.06 0.35 4.95 0.15 6.06 0.35 5.35

5.00 0.15 6.12 0.35 4.99 0.15 6.12 0.35 5.40

5.04 0.15 6.18 0.36 5.04 0.16 6.18 0.36 5.45

5.09 0.16 6.23 0.36 5.08 0.16 6.23 0.36 5.50

5.13 0.16 6.29 0.36 5.13 0.16 6.29 0.36 5.54

5.17 0.16 6.34 0.37 5.17 0.16 6.34 0.37 5.59

TSL 7

GSWH

TSL 5

ity Switching

TSL 6

GSWH ESWH GSWH ESWH
Million Million Million

4.93 4.65 5.14

5.01 4.62 5.22

5.04 4.56 5.25

5.06 4.50 5.27

5.09 4.47 5.30

5.11 4.44 5.32

5.11 4.42 5.32

5.13 4.42 5.35

5.18 4.45 5.39

5.24 4.50 5.46

5.32 4.56 5.54

5.40 4.62 5.62

5.46 4.66 5.69

5.51 4.70 5.75

5.57 4.73 5.81

5.63 4.77 5.87

5.68 4.80 5.92

5.71 4.82 5.95

5.75 4.84 6.00

5.79 4.87 6.04

5.84 4.91 6.09

5.89 4.95 6.14

5.94 4.99 6.20

6.00 5.04 6.26

6.05 5.08 6.32

6.11 5.13 6.38

6.17 5.18 6.44

6.22 5.22 6.50

6.28 5.27 6.55

6.33 5.31 6.61

ESWH

TSL 7 TSL 8

GSWH ESWH

Total 

GAS ELEC OIL Water

WH WH WH Heating

1951 61.4% 25.5% 0.2% 87.1%

1952 61.4% 25.5% 0.2% 87.1%

1953 61.4% 25.5% 0.2% 87.1%

1954 61.4% 25.5% 0.2% 87.1%

1955 61.4% 25.5% 0.2% 87.1%

1956 60.7% 26.4% 0.2% 87.3%

1957 60.0% 27.3% 0.2% 87.5%

1958 59.3% 28.2% 0.2% 87.7%

1959 58.6% 29.1% 0.1% 87.9%

1960 57.9% 30.1% 0.1% 88.1%

1961 57.2% 31.0% 0.1% 88.3%

1962 56.4% 31.9% 0.1% 88.5%

1963 55.7% 32.8% 0.1% 88.7%

1964 55.0% 33.7% 0.1% 88.8%

1965 54.3% 34.6% 0.1% 89.0%

1966 52.9% 36.4% 0.1% 89.4%

1967 51.5% 38.1% 0.1% 89.7%

1968 50.1% 39.8% 0.1% 90.1%

1969 48.7% 41.6% 0.1% 90.4%

1970 47.3% 43.3% 0.1% 90.8%

1971 46.0% 45.1% 0.1% 91.1%

1972 44.6% 46.8% 0.1% 91.4%

1973 43.9% 47.3% 0.1% 91.3%

1974 43.3% 47.7% 0.1% 91.1%

1975 42.7% 48.2% 0.1% 91.0%

1976 42.1% 48.7% 0.1% 90.8%

1977 41.4% 49.2% 0.1% 90.7%

1978 39.9% 51.2% 0.1% 91.2%

1979 38.3% 53.3% 0.1% 91.6%

1980 36.7% 55.3% 0.1% 92.1%

1981 35.2% 57.4% 0.0% 92.6%

1982 33.6% 59.5% 0.0% 93.1%

1983 35.0% 57.9% 0.0% 92.9%

1984 36.4% 56.3% 0.0% 92.8%

1985 37.8% 54.7% 0.0% 92.6%

1986 39.2% 53.2% 0.1% 92.4%

1987 40.6% 51.6% 0.1% 92.3%

1988 41.4% 50.8% 0.1% 92.3%

1989 42.3% 49.9% 0.1% 92.2%

1990 43.1% 49.1% 0.0% 92.2%

1991 43.9% 48.2% 0.0% 92.2%

1992 44.8% 47.4% 0.0% 92.2%

1993 44.9% 47.4% 0.0% 92.4%

1994 45.0% 47.4% 0.0% 92.5%

1995 45.1% 47.5% 0.0% 92.6%

1996 45.3% 47.5% 0.0% 92.8%

1997 45.4% 47.5% 0.0% 92.9%

1998 44.9% 48.2% 0.0% 93.1%

1999 44.4% 48.8% 0.0% 93.2%

2000 43.8% 49.5% 0.0% 93.4%

2001 48.7% 44.1% 0.0% 92.9%

2002 48.4% 45.5% 0.0% 93.9%

2003 51.1% 42.5% 0.0% 93.6%

2004 52.9% 40.9% 0.0% 93.9%

2005 47.5% 45.2% 0.0% 92.7%

2006 46.0% 47.6% 0.0% 93.6%

2007 46.8% 45.4% 0.0% 92.2%

2008 48.2% 45.1% 0.0% 93.3%

2009 48.2% 45.1% 0.0% 93.3%

2010 48.2% 45.1% 0.0% 93.3%

2011 48.2% 45.1% 0.0% 93.3%

2012 48.2% 45.1% 0.0% 93.3%

2013 48.2% 45.1% 0.0% 93.3%

2014 48.2% 45.1% 0.0% 93.3%

2015 48.2% 45.1% 0.0% 93.3%

2016 48.2% 45.1% 0.0% 93.3%

2017 48.2% 45.1% 0.0% 93.3%

2018 48.2% 45.1% 0.0% 93.3%

2019 48.2% 45.1% 0.0% 93.3%

2020 48.2% 45.1% 0.0% 93.3%

2021 48.2% 45.1% 0.0% 93.3%

2022 48.2% 45.1% 0.0% 93.3%

2023 48.2% 45.1% 0.0% 93.3%

2024 48.2% 45.1% 0.0% 93.3%

2025 48.2% 45.1% 0.0% 93.3%

2026 48.2% 45.1% 0.0% 93.3%

2027 48.2% 45.1% 0.0% 93.3%

2028 48.2% 45.1% 0.0% 93.3%

2029 48.2% 45.1% 0.0% 93.3%

2030 48.2% 45.1% 0.0% 93.3%

2031 48.2% 45.1% 0.0% 93.3%

2032 48.2% 45.1% 0.0% 93.3%

2033 48.2% 45.1% 0.0% 93.3%

2034 48.2% 45.1% 0.0% 93.3%

2035 48.2% 45.1% 0.0% 93.3%

2036 48.2% 45.1% 0.0% 93.3%

2037 48.2% 45.1% 0.0% 93.3%

2038 48.2% 45.1% 0.0% 93.3%

2039 48.2% 45.1% 0.0% 93.3%

2040 48.2% 45.1% 0.0% 93.3%

2041 48.2% 45.1% 0.0% 93.3%

2042 48.2% 45.1% 0.0% 93.3%

2043 48.2% 45.1% 0.0% 93.3%

2044 48.2% 45.1% 0.0% 93.3%

2045 48.2% 45.1% 0.0% 93.3%

New Housing Market Shares

Base Case Market Shares
American Housing Survey 2007

Percentage

Storage Water Heater by Fuel

Year Built Gas, LP gas (liquid propane(LP) same as bottled gas) Electricity Fuel oil Other or NoneGrand Total

Before 1920 56.3% 25.3% 1.8% 16.7% 100.00%

1920-1930 62.6% 21.3% 1.5% 14.7% 100.00%

1930-1940 59.8% 25.9% 1.1% 13.2% 100.00%

1940-1950 57.9% 28.1% 1.2% 12.8% 100.00%

1950-1960 61.4% 25.5% 1.1% 12.0% 100.00%

1960-1970 54.3% 34.6% 0.7% 10.3% 100.00%

1970-1974 44.6% 46.8% 0.5% 8.2% 100.00%

1975-1979 41.4% 49.2% 0.5% 8.9% 100.00%

1980-1984 33.6% 59.5% 0.2% 6.7% 100.00%

1985-1989 40.6% 51.6% 0.4% 7.4% 100.00%

1990-1994 44.8% 47.4% 0.3% 7.6% 100.00%

1995-1999 45.4% 47.5% 0.2% 6.9% 100.00%

2000 43.8% 49.5% 0.2% 6.5% 100.00%

2001 48.7% 44.1% 0.3% 6.9% 100.00%

2002 48.4% 45.5% 0.1% 6.0% 100.00%

2003 51.1% 42.5% 0.2% 6.2% 100.00%

2004 52.9% 40.9% 0.2% 6.0% 100.00%

2005 47.5% 45.2% 0.2% 7.1% 100.00%

2006 46.0% 47.6% 0.1% 6.3% 100.00%

2007 46.8% 45.4% 0.2% 7.7% 100.00%

Grand Total 49.7% 39.7% 0.7% 9.86% 100.00%

Oil Water Heater Share in New Construction Corrected using RECS 2005

AHS 2007 Data

BUILT Electricity Gas Oil Other Electricity

1919 2412673 5462931 995102 265213.5 9135920 26%

1920 1189061 3566407 477622.1 124242.5 5357333 22%

1930 1618342 3807827 411925.4 154811.8 5992906 27%

1940 2324436 4870536 569677.5 151110.5 7915760 29%

1950 3459113 8485513 869617.1 180166.7 12994410 27%

1960 5530045 8828029 677011 257082.4 15292167 36%

1970 5361355 5196126 319719.3 92028.47 10969229 49%

1975 7396373 6343071 454460.9 210324.8 14404229 51%

Historical Market Share Data

15.55%

RECS 2005 # HHs Built 2000-2005

51874

16107

All Oil Water heating (WHs+boilers)

WHs Only

Fraction of WHs only (new constr)
1980 4641976 2671269 92012.03 69189.56 7474447 62%

1985 4749043 3804659 192040.6 65668.07 8811411 54%

1990 3478852 3344530 116520.6 87886.93 7027789 50%

1995 4363304 4242918 130070.3 57236.08 8793528 50%

2000 1235620 1114001 25799.84 14570.99 2389992 52%

2001 826844.9 930627.1 27801.58 10587.75 1795861 46%

2002 805161.1 870461.6 8215.853 8753.603 1692592 48%

2003 697509.2 853998.2 16637.17 3366.651 1571511 44%

2004 726971 957999.5 15991.34 1179.254 1702141 43%

2005 1058170 1133124 31061.72 20279.9 2242636 47%

2006 957643.8 941308.8 10157.15 15948.72 1925059 50%

2007 338724.9 355106 6896.224 13504.66 714231.8 47%

TOTAL 53171218 67780443 5448340 1803153 1.28E+08 41%
Number of Samples

Water Heater Fuel

BUILT Gas, LP gas (liquid propane(LP) same as bottled gas) Electricity Fuel oil Coal or coke

Before 1920 2386 989 463 3

1920-1930 1451 489 223 1

1930-1940 1587 649 183 1

1940-1950 2013 912 252 1

1950-1960 3396 1383 385 1

1960-1970 3611 2190 288 0

1970-1974 2101 2093 125 0

1975-1979 2538 3045 190 0

1980-1984 1064 1803 45 1

1985-1989 1515 1933 82 0

1990-1994 1407 1329 69 0

1995-1999 1865 1650 72 0

2000 390 411 18 0

2001 428 376 15 0

2002 411 374 8 0

2003 369 299 11 0

2004 396 333 9 0

2005 151 148 2 0

Grand Total 27079 20406 2440 8

Year Built

2000

2001

2002

2003

2004

2005

2006

Gas Oil Other 2007

60% 11% 3%

67% 9% 2%

64% 7% 3%

62% 7% 2%

65% 7% 1%

58% 4% 2%

47% 3% 1%

44% 3% 1%
36% 1% 1%

43% 2% 1%

48% 2% 1%

48% 1% 1%

47% 1% 1%

52% 2% 1%

51% 0% 1%

54% 1% 0%

56% 1% 0%

51% 1% 1%

49% 1% 1%

50% 1% 2%

53% 4% 1%
Kerosene or other liquid fuel Other; SPECIFY Solar energyWood Not applicableGrand Total

0 17 2 2 1055 4917

2 10 0 0 436 2612

1 8 0 2 1067 3498

0 8 2 0 787 3975

1 12 7 4 844 6033

1 15 8 3 1046 7162

1 13 5 1 981 5320

1 11 13 5 1192 6995

0 4 2 2 768 3689

1 4 3 4 629 4171

0 7 1 1 118 2932

0 4 5 3 56 3655

0 1 0 0 153 973

0 0 0 1 3 823

0 0 0 0 71 864

0 1 1 0 4 685

0 1 0 0 0 739

0 2 0 0 3 306

8 118 49 28 9213 59349

Gas, LP gas (liquid propane(LP) same as bottled gas) Electricity Fuel oil

43.8% 49.5% 0.2%

48.7% 44.1% 0.3%

48.4% 45.5% 0.1%

51.1% 42.5% 0.2%

52.9% 40.9% 0.2%

47.5% 45.2% 0.2%

46.0% 47.6% 0.1%

46.8% 45.4% 0.2%

Fuel

Electric

Electric

Electric

Electric

Electric

Electric
Electric

Electric

Electric

Electric

Electric

Electric

Electric

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Gas

Oil

Oil

Oil

Oil

Oil

Oil

Oil

Oil

Oil

Other

Other

Other

Other

Other

Other
111090617

Storage SumOfNWEIGHT Expr1 NUMH2OHTRSWHEATOTH

Other 463905 Multi-Family, 5+ 0 0

Other 911820 Multi-Family, 5+ 0 1

Other 331879 SingleFamily + MH 0 0

Other 170590 SingleFamily + MH 0 1

Other 19849 SingleFamily + MH 1 0

Storage 4771109 Multi-Family, 5+ 0 0
Storage 1374462 Multi-Family, 5+

01

Storage 26076 Multi-Family, 5+10

Storage 31119 Multi-Family, 5+11

Storage 33287785 SingleFamily + MH00

Storage 506586 SingleFamily + MH01

Storage 1421540 SingleFamily + MH10 1460617

Storage 13001 SingleFamily + MH11 95.7% 40026097

Other 472747 Multi-Family, 5+00

Other 1550944 Multi-Family, 5+01

Other 54954 Multi-Family, 5+10

Other 447807 SingleFamily + MH00

Other 418535 SingleFamily + MH01

Other 46617 SingleFamily + MH10

Storage 2939049 Multi-Family, 5+00

Storage 2671482 Multi-Family, 5+01

Storage 40286 Multi-Family, 5+10

Storage 50346163 SingleFamily + MH00

Storage 1487824 SingleFamily + MH01

Storage 1854583 SingleFamily + MH10 1962921

Storage 68051 SingleFamily + MH11 94.1% 56735957

Other 410611 Multi-Family, 5+01

Other 30843 Multi-Family, 5+11

Other 1199961 SingleFamily + MH00

Other 111732 SingleFamily + MH01

Storage 38641 Multi-Family, 5+00

Storage 285903 Multi-Family, 5+01

Storage 1714122 SingleFamily + MH00

Storage 223300 SingleFamily + MH01

Storage 39512 SingleFamily + MH10 0.164797 668189

Other 19288 Multi-Family, 5+00

Other 20165 Multi-Family, 5+01

Other 625322 Multi-Family, 5+3 95

Other 472912 SingleFamily + MH3 95

Storage 148124 SingleFamily + MH00

Storage 21415 SingleFamily + MH10

43329722

0.390039

62399043

0.561695

4054625
Source: Annual Energy Outlook 2010 and NEMS 2010 (high and low scenarios derived from AEO 2009)

REF LO HI REF LO HI REF LO

2008 1.36 1.36 1.36 0.85 0.85 0.85 0.38 0.38

2009 1.22 1.22 1.22 0.84 0.84 0.84 0.27 0.27

2010 1.75 1.48 2.04 1.19 1.03 1.36 0.40 0.31

2011 1.49 1.25 1.74 1.14 0.97 1.32 0.21 0.17

2012 1.72 1.44 2.02 1.37 1.15 1.60 0.23 0.18

2013 1.79 1.48 2.10 1.40 1.16 1.65 0.25 0.19

2014 1.81 1.48 2.12 1.38 1.12 1.63 0.26 0.20

2015 1.88 1.50 2.24 1.39 1.09 1.69 0.30 0.24

2016 1.95 1.56 2.34 1.40 1.09 1.71 0.35 0.28

2017 1.97 1.59 2.36 1.38 1.08 1.69 0.37 0.31

2018 2.00 1.60 2.41 1.37 1.05 1.71 0.40 0.33

2019 2.03 1.63 2.45 1.37 1.04 1.71 0.43 0.36

2020 2.03 1.61 2.47 1.36 1.01 1.71 0.45 0.38

2021 1.97 1.53 2.41 1.31 0.95 1.67 0.43 0.37

2022 1.92 1.47 2.37 1.28 0.91 1.65 0.42 0.36

2023 1.89 1.43 2.36 1.26 0.88 1.64 0.42 0.35

2024 1.88 1.41 2.36 1.25 0.86 1.64 0.42 0.35

2025 1.89 1.39 2.39 1.27 0.85 1.68 0.42 0.34

2026 1.89 1.35 2.42 1.27 0.82 1.70 0.41 0.33

2027 1.85 1.31 2.42 1.23 0.79 1.69 0.41 0.33

2028 1.81 1.25 2.38 1.19 0.74 1.65 0.41 0.32

2029 1.78 1.20 2.35 1.17 0.71 1.63 0.41 0.32

2030 1.78 1.21 2.35 1.17 0.71 1.62 0.41 0.32

2031 1.75 1.21 2.36 1.16 0.72 1.63 0.40 0.32

2032 1.71 1.22 2.37 1.12 0.72 1.64 0.40 0.32

2033 1.70 1.22 2.38 1.11 0.73 1.65 0.40 0.33

2034 1.70 1.23 2.39 1.11 0.73 1.66 0.41 0.33

2035 1.70 1.23 2.40 1.11 0.73 1.67 0.40 0.33

2036 1.70 1.24 2.41 1.12 0.74 1.67 0.41 0.33

2037 1.71 1.24 2.42 1.13 0.74 1.68 0.41 0.33

2038 1.72 1.25 2.43 1.13 0.74 1.69 0.41 0.33

2039 1.73 1.25 2.44 1.14 0.75 1.70 0.41 0.34

2040 1.73 1.26 2.46 1.14 0.75 1.71 0.41 0.34

2041 1.74 1.27 2.47 1.15 0.75 1.72 0.42 0.34

2042 1.75 1.27 2.48 1.15 0.76 1.72 0.42 0.34

2043 1.76 1.28 2.49 1.16 0.76 1.73 0.42 0.34

2044 1.77 1.28 2.50 1.17 0.77 1.74 0.42 0.34

2045 1.77 1.29 2.51 1.17 0.77 1.75 0.42 0.35

Projected New Housing Construction 

and Manufactured Home Placements

New Housing Units (million)

Total Single Family Starts Multi-Family Starts
HI REF LO HI

0.38 0.13 0.13 0.13

0.27 0.11 0.11 0.11

0.50 0.15 0.13 0.17

0.27 0.13 0.12 0.15

0.28 0.13 0.12 0.14

0.31 0.14 0.13 0.15

0.32 0.16 0.15 0.17

0.36 0.18 0.17 0.20

0.41 0.21 0.19 0.22

0.44 0.22 0.21 0.23

0.47 0.23 0.22 0.24

0.50 0.23 0.22 0.24

0.52 0.23 0.22 0.24

0.50 0.23 0.21 0.24

0.49 0.22 0.21 0.23

0.49 0.22 0.20 0.23

0.49 0.21 0.20 0.22

0.50 0.21 0.20 0.22

0.50 0.21 0.19 0.22

0.51 0.20 0.19 0.22

0.51 0.20 0.18 0.22

0.50 0.20 0.17 0.22

0.50 0.20 0.17 0.22

0.51 0.19 0.17 0.22

0.51 0.19 0.17 0.22

0.51 0.19 0.17 0.22

0.51 0.18 0.17 0.22

0.52 0.18 0.17 0.22

0.52 0.18 0.17 0.22

0.52 0.18 0.17 0.22

0.52 0.18 0.17 0.22

0.53 0.18 0.17 0.22

0.53 0.18 0.17 0.22

0.53 0.18 0.17 0.22

0.53 0.18 0.17 0.22

0.54 0.18 0.17 0.22

0.54 0.18 0.17 0.22

0.54 0.18 0.17 0.22

ulti-Family Starts Manufactured Home Placements

0.0

0.5

1.0

1.5

2.0

2.5

3.0

2005 2010 2015 2020 2025

Million

Reference Scenario

Low Growth

High Growth
2025 2030 2035 2040
Annual Growth Rate of Condensing Water Heater Market Share Products after 2015 (

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$

Shipments

Condensing 

WH (Energy

Star) 4 5 6 7 9 13

Millions Market Share 0 0 0 0 0 0

2015 4.64 1.35% 16.0 8.7 16.0 8.6 $1,176 $10

2016 4.62 1.50% 16.0 8.8 16.0 8.7 $1,177 $10

2017 4.56 1.65% 16.0 8.9 16.0 8.7 $1,178 $10

2018 4.50 1.80% 16.0 9.0 15.9 8.8 $1,179 $10

2019 4.46 1.95% 16.0 9.1 15.9 8.9 $1,180 $10

2020 4.44 2.10% 16.0 9.1 15.9 9.0 $1,181 $10

2021 4.42 2.25% 16.0 9.2 15.9 9.1 $1,182 $10

2022 4.42 2.40% 16.0 9.3 15.9 9.1 $1,183 $10

2023 4.45 2.55% 16.0 9.4 15.9 9.2 $1,184 $10

2024 4.49 2.70% 16.0 9.5 15.9 9.3 $1,186 $10

2025 4.55 2.85% 16.0 9.6 15.9 9.4 $1,187 $10

2026 4.61 3.00% 16.0 9.6 15.9 9.4 $1,188 $10

2027 4.66 3.15% 16.0 9.7 15.9 9.5 $1,189 $10

2028 4.69 3.30% 16.0 9.8 15.9 9.6 $1,190 $10

2029 4.73 3.45% 15.9 9.9 15.9 9.7 $1,191 $10

2030 4.77 3.60% 15.9 10.0 15.9 9.8 $1,192 $10

2031 4.80 3.75% 15.9 10.1 15.9 9.8 $1,193 $10

2032 4.81 3.90% 15.9 10.1 15.9 9.9 $1,194 $10

2033 4.84 4.05% 15.9 10.2 15.9 10.0 $1,195 $10

2034 4.87 4.20% 15.9 10.3 15.9 10.1 $1,196 $10

2035 4.90 4.35% 15.9 10.4 15.8 10.2 $1,198 $10

2036 4.94 4.50% 15.9 10.5 15.8 10.2 $1,199 $10

2037 4.99 4.65% 15.9 10.5 15.8 10.3 $1,200 $10

2038 5.03 4.80% 15.9 10.6 15.8 10.4 $1,201 $10

2039 5.08 4.95% 15.9 10.7 15.8 10.5 $1,202 $10

2040 5.13 5.10% 15.9 10.8 15.8 10.6 $1,203 $10

2041 5.17 5.25% 15.9 10.9 15.8 10.6 $1,204 $10

2042 5.22 5.40% 15.9 11.0 15.8 10.7 $1,205 $10

2043 5.26 5.55% 15.9 11.0 15.8 10.8 $1,206 $10

2044 5.31 5.70% 15.9 11.1 15.8 10.9 $1,207 $10

2045

2046

2047

GSWH- Market Trends

Base Case

Shipments Average
2048

2049

2050

2051

2052

2053

2054

2055

2056

2057

2058

2059

2060

2061

2062

2063

2064

2065

2066

2067

2068

2069

2070

2071

2072

2073
et Share Products after 2015 (Linear) 0.15%

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

2009$ Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$

14 15 4 5 6 7 9 13 14

0 0 1 1 1 1 1 1 1

$25 7.8 15.6 8.7 15.4 8.6 $1,235 $10 $25

$25 7.8 15.6 8.8 15.4 8.7 $1,236 $10 $25

$25 7.8 15.5 8.9 15.4 8.7 $1,237 $10 $25

$25 7.8 15.5 9.0 15.4 8.8 $1,238 $10 $25

$26 7.8 15.5 9.1 15.4 8.9 $1,239 $10 $26

$26 7.8 15.5 9.1 15.4 9.0 $1,240 $10 $26

$26 7.8 15.5 9.2 15.4 9.1 $1,241 $10 $26

$26 7.8 15.5 9.3 15.4 9.1 $1,242 $10 $26

$26 7.8 15.5 9.4 15.4 9.2 $1,243 $10 $26

$26 7.8 15.5 9.5 15.4 9.3 $1,244 $10 $26

$26 7.8 15.5 9.6 15.4 9.4 $1,245 $10 $26

$26 7.8 15.5 9.6 15.4 9.4 $1,246 $10 $26

$26 7.7 15.5 9.7 15.4 9.5 $1,247 $10 $26

$26 7.7 15.5 9.8 15.4 9.6 $1,248 $10 $26

$26 7.7 15.5 9.9 15.4 9.7 $1,249 $10 $26

$26 7.7 15.5 10.0 15.4 9.8 $1,250 $10 $26

$26 7.7 15.5 10.1 15.4 9.8 $1,251 $10 $26

$26 7.7 15.5 10.1 15.4 9.9 $1,252 $10 $26

$26 7.7 15.5 10.2 15.4 10.0 $1,253 $10 $26

$26 7.7 15.5 10.3 15.3 10.1 $1,254 $10 $26

$26 7.7 15.5 10.4 15.3 10.2 $1,255 $10 $26

$26 7.7 15.5 10.5 15.3 10.2 $1,256 $10 $26

$26 7.7 15.4 10.5 15.3 10.3 $1,257 $10 $26

$26 7.7 15.4 10.6 15.3 10.4 $1,258 $10 $26

$26 7.7 15.4 10.7 15.3 10.5 $1,259 $10 $26

$26 7.7 15.4 10.8 15.3 10.6 $1,260 $10 $26

$26 7.7 15.4 10.9 15.3 10.6 $1,261 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.1 15.3 10.9 $1,264 $10 $26

Shipments Average

Efficiency Level 1

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year

15 4 5 6 7 9 13 14 15

1 2 2 2 2 2 2 2 2

7.75 15.2 13.4 15.1 13.2 $1,292 $10 $26 7.8

7.8 15.2 13.4 15.1 13.2 $1,292 $10 $26 7.8

7.8 15.2 13.5 15.1 13.3 $1,293 $10 $26 7.8

7.8 15.2 13.6 15.0 13.4 $1,294 $10 $26 7.8

7.8 15.2 13.7 15.0 13.5 $1,295 $10 $26 7.8

7.8 15.2 13.7 15.0 13.5 $1,296 $10 $26 7.8

7.8 15.2 13.8 15.0 13.6 $1,297 $10 $26 7.8

7.8 15.2 13.9 15.0 13.7 $1,298 $10 $26 7.8

7.8 15.2 14.0 15.0 13.7 $1,299 $10 $26 7.8

7.8 15.2 14.0 15.0 13.8 $1,300 $10 $26 7.8

7.8 15.2 14.1 15.0 13.9 $1,301 $10 $26 7.8

7.8 15.2 14.2 15.0 14.0 $1,302 $10 $26 7.8

7.7 15.2 14.3 15.0 14.0 $1,303 $10 $26 7.8

7.7 15.1 14.3 15.0 14.1 $1,303 $10 $26 7.8

7.7 15.1 14.4 15.0 14.2 $1,304 $10 $26 7.8

7.7 15.1 14.5 15.0 14.2 $1,305 $10 $26 7.8

7.7 15.1 14.6 15.0 14.3 $1,306 $10 $26 7.8

7.7 15.1 14.6 15.0 14.4 $1,307 $10 $26 7.8

7.7 15.1 14.7 15.0 14.5 $1,308 $10 $26 7.8

7.7 15.1 14.8 15.0 14.5 $1,309 $10 $26 7.8

7.7 15.1 14.9 15.0 14.6 $1,310 $10 $26 7.8

7.7 15.1 14.9 15.0 14.7 $1,311 $10 $26 7.8

7.7 15.1 15.0 15.0 14.8 $1,312 $10 $26 7.8

7.7 15.1 15.1 14.9 14.8 $1,313 $10 $26 7.8

7.7 15.1 15.2 14.9 14.9 $1,313 $10 $26 7.8

7.7 15.1 15.2 14.9 15.0 $1,314 $10 $27 7.8

7.7 15.1 15.3 14.9 15.0 $1,315 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.3 $1,318 $10 $27 7.8

Shipments Average

Efficiency Level 2

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu)

4 5 6 7 9 13 14 15 4

3 3 3 3 3 3 3 3 4

14.8 69.1 14.6 68.2 $1,568 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,571 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,571 $10 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,572 $10 $50 7.4 14.4

14.8 69.1 14.6 68.1 $1,572 $10 $50 7.4 14.4

14.8 69.1 14.6 68.1 $1,573 $10 $50 7.4 14.4

14.8 69.0 14.6 68.1 $1,573 $10 $50 7.4 14.4

14.8 69.0 14.6 68.1 $1,574 $10 $50 7.4 14.4

14.7 69.0 14.6 68.1 $1,574 $10 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,575 $10 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,575 $10 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,576 $10 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,576 $10 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,577 $10 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,577 $10 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,578 $10 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,578 $10 $50 7.4 14.4

14.7 68.9 14.5 68.0 $1,579 $10 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,579 $10 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,581 $10 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,583 $10 $50 7.4 14.3

Shipments Average

Efficiency Level 3

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

 (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh)

5 6 7 9 13 14 15 4 5

4 4 4 4 4 4 4 5 5

68.2 14.2 67.1 $1,599 $10 $48 7.10 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.11 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.11 13.9 66.9

68.2 14.2 67.0 $1,600 $10 $48 7.11 13.9 66.9

68.2 14.2 67.0 $1,600 $10 $48 7.11 13.9 66.9

68.1 14.2 67.0 $1,601 $10 $48 7.11 13.9 66.9

68.1 14.2 67.0 $1,601 $10 $48 7.11 13.9 66.9

68.1 14.2 67.0 $1,602 $10 $48 7.11 13.9 66.8

68.1 14.2 67.0 $1,602 $10 $48 7.11 13.9 66.8

68.1 14.1 67.0 $1,603 $10 $48 7.11 13.9 66.8

68.1 14.1 67.0 $1,603 $10 $48 7.11 13.9 66.8

68.1 14.1 67.0 $1,603 $10 $48 7.11 13.9 66.8

68.1 14.1 67.0 $1,604 $10 $48 7.11 13.9 66.8

68.1 14.1 66.9 $1,604 $10 $48 7.11 13.9 66.8

68.1 14.1 66.9 $1,605 $10 $48 7.11 13.9 66.8

68.1 14.1 66.9 $1,605 $10 $48 7.11 13.9 66.8

68.1 14.1 66.9 $1,606 $10 $48 7.11 13.9 66.8

68.1 14.1 66.9 $1,606 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,607 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,607 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,608 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,608 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,608 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,609 $10 $48 7.1 13.9 66.8

68.0 14.1 66.8 $1,609 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,612 $10 $48 7.1 13.9 66.7

Shipments Average

Efficiency Level 4

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

 (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu)

6 7 9 13 14 15 4 5 6

5 5 5 5 5 5 6 6 6

13.6 65.5 $1,659 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,664 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,664 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,665 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,665 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,665 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,670 $10 $50 7.5 12.4 63.0 11.9

Efficiency Level 5

Shipments Average

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

 (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu) (kWh)

7 9 13 14 15 4 5 6 7

6 6 6 6 6 7 7 7 7

60.6 $1,893 $10 $50 7.5 15.5 10.0 15.3 9.9

60.6 $1,893 $10 $50 7.5 15.5 10.1 15.3 9.9

60.6 $1,893 $10 $50 7.5 15.5 10.2 15.3 10.0

60.6 $1,893 $10 $50 7.5 15.5 10.3 15.3 10.1

60.6 $1,893 $10 $50 7.5 15.4 10.4 15.3 10.2

60.6 $1,893 $10 $50 7.5 15.4 10.4 15.3 10.3

60.6 $1,893 $10 $50 7.5 15.4 10.5 15.3 10.3

60.6 $1,893 $10 $50 7.5 15.4 10.6 15.3 10.4

60.6 $1,893 $10 $50 7.5 15.4 10.7 15.3 10.5

60.6 $1,893 $10 $50 7.5 15.4 10.8 15.3 10.6

60.6 $1,893 $10 $50 7.5 15.4 10.8 15.3 10.6

60.6 $1,893 $10 $50 7.5 15.4 10.9 15.3 10.7

60.6 $1,893 $10 $50 7.5 15.4 11.0 15.3 10.8

60.6 $1,893 $10 $50 7.5 15.4 11.1 15.3 10.9

60.6 $1,893 $10 $50 7.5 15.4 11.2 15.3 11.0

60.6 $1,893 $10 $50 7.5 15.4 11.2 15.3 11.0

60.6 $1,893 $10 $50 7.5 15.4 11.3 15.3 11.1

60.6 $1,893 $10 $50 7.5 15.4 11.4 15.3 11.2

60.6 $1,893 $10 $50 7.5 15.4 11.5 15.3 11.3

60.6 $1,893 $10 $50 7.5 15.4 11.6 15.2 11.3

60.6 $1,893 $10 $50 7.5 15.4 11.6 15.2 11.4

60.6 $1,893 $10 $50 7.5 15.4 11.7 15.2 11.5

60.6 $1,893 $10 $50 7.5 15.4 11.8 15.2 11.6

60.6 $1,893 $10 $50 7.5 15.4 11.9 15.2 11.6

60.6 $1,893 $10 $50 7.5 15.4 12.0 15.2 11.7

60.6 $1,893 $10 $50 7.5 15.3 12.0 15.2 11.8

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.4 15.2 12.1

Shipments Average

Efficiency Level 6

Shipments Average

Efficiency Level 7

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$

9 13 14 15 4 5 6 7 9

7 7 7 7 8 8 8 8 8

$1,253 $11 $28 7.8 15.1 14.7 15.0 14.5 $1,310

$1,254 $11 $28 7.8 15.1 14.8 15.0 14.5 $1,311

$1,255 $11 $28 7.8 15.1 14.8 14.9 14.6 $1,312

$1,256 $11 $28 7.8 15.1 14.9 14.9 14.7 $1,313

$1,257 $11 $28 7.8 15.1 15.0 14.9 14.8 $1,314

$1,258 $11 $28 7.8 15.1 15.0 14.9 14.8 $1,314

$1,258 $11 $28 7.8 15.1 15.1 14.9 14.9 $1,315

$1,259 $11 $28 7.8 15.1 15.2 14.9 15.0 $1,316

$1,260 $11 $28 7.8 15.1 15.3 14.9 15.0 $1,317

$1,261 $11 $28 7.8 15.1 15.3 14.9 15.1 $1,318

$1,262 $11 $28 7.8 15.1 15.4 14.9 15.2 $1,319

$1,263 $11 $28 7.8 15.1 15.5 14.9 15.2 $1,320

$1,264 $11 $28 7.8 15.1 15.6 14.9 15.3 $1,321

$1,265 $11 $28 7.8 15.1 15.6 14.9 15.4 $1,321

$1,266 $11 $28 7.8 15.1 15.7 14.9 15.5 $1,322

$1,267 $11 $28 7.8 15.0 15.8 14.9 15.5 $1,323

$1,268 $11 $28 7.8 15.0 15.9 14.9 15.6 $1,324

$1,269 $11 $28 7.8 15.0 15.9 14.9 15.7 $1,325

$1,270 $11 $28 7.8 15.0 16.0 14.9 15.7 $1,326

$1,271 $11 $28 7.8 15.0 16.1 14.9 15.8 $1,327

$1,272 $11 $28 7.8 15.0 16.1 14.9 15.9 $1,328

$1,273 $11 $28 7.8 15.0 16.2 14.9 15.9 $1,329

$1,274 $11 $28 7.8 15.0 16.3 14.9 16.0 $1,329

$1,275 $11 $28 7.8 15.0 16.4 14.8 16.1 $1,330

$1,276 $11 $29 7.8 15.0 16.4 14.8 16.2 $1,331

$1,277 $11 $29 7.8 15.0 16.5 14.8 16.2 $1,332

$1,278 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,335

$1,281 $11 $29 7.8 15.0 16.8 14.8 16.5 $1,336

Shipments Average

Efficiency Level 7

Shipments Average

Efficiency Level 8

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

2009$ 2009$ Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$

13 14 15 4 5 6 7 9 13

8 8 8 0 0 0 0 0 0

$11 $28 7.8 16.0 8.7 16.0 8.6 $1,176 $10

$11 $28 7.8 16.0 8.8 16.0 8.6 $1,176 $10

$11 $28 7.8 16.0 8.8 16.0 8.7 $1,177 $10

$11 $28 7.8 16.0 8.9 16.0 8.7 $1,177 $10

$11 $28 7.8 16.0 8.9 16.0 8.7 $1,178 $10

$11 $28 7.8 16.0 8.9 16.0 8.8 $1,178 $10

$11 $28 7.8 16.0 9.0 15.9 8.8 $1,179 $10

$11 $28 7.8 16.0 9.0 15.9 8.9 $1,180 $10

$11 $29 7.8 16.0 9.1 15.9 8.9 $1,180 $10

$11 $29 7.8 16.0 9.1 15.9 8.9 $1,181 $10

$11 $29 7.8 16.0 9.2 15.9 9.0 $1,181 $10

$11 $29 7.8 16.0 9.2 15.9 9.1 $1,182 $10

$11 $29 7.8 16.0 9.3 15.9 9.1 $1,183 $10

$11 $29 7.8 16.0 9.4 15.9 9.2 $1,184 $10

$11 $29 7.8 16.0 9.4 15.9 9.2 $1,185 $10

$11 $29 7.8 16.0 9.5 15.9 9.3 $1,186 $10

$11 $29 7.8 16.0 9.6 15.9 9.4 $1,187 $10

$11 $29 7.8 16.0 9.6 15.9 9.4 $1,188 $10

$11 $29 7.8 16.0 9.7 15.9 9.5 $1,189 $10

$11 $29 7.8 16.0 9.8 15.9 9.6 $1,190 $10

$11 $29 7.8 15.9 9.9 15.9 9.7 $1,191 $10

$11 $29 7.8 15.9 10.0 15.9 9.8 $1,192 $10

$11 $29 7.8 15.9 10.0 15.9 9.8 $1,193 $10

$11 $29 7.8 15.9 10.1 15.9 9.9 $1,194 $10

$11 $29 7.8 15.9 10.2 15.9 10.0 $1,195 $10

$11 $29 7.8 15.9 10.3 15.9 10.1 $1,196 $10

$11 $29 7.8 15.9 10.4 15.8 10.1 $1,197 $10

$11 $29 7.8 15.9 10.5 15.8 10.2 $1,198 $10

$11 $29 7.8 15.9 10.5 15.8 10.3 $1,200 $10

$11 $29 7.8 15.9 10.6 15.8 10.4 $1,201 $10

15.9 10.7 15.8 10.4 $1,201 $10

15.9 10.7 15.8 10.5 $1,202 $10

15.9 10.7 15.8 10.5 $1,202 $10

Stock Average

base case
15.9 10.8 15.8 10.5 $1,202 $10

15.9 10.8 15.8 10.5 $1,203 $10

15.9 10.8 15.8 10.6 $1,203 $10

15.9 10.8 15.8 10.6 $1,204 $10

15.9 10.9 15.8 10.6 $1,204 $10

15.9 10.9 15.8 10.6 $1,204 $10

15.9 10.9 15.8 10.7 $1,204 $10

15.9 10.9 15.8 10.7 $1,205 $10

15.9 10.9 15.8 10.7 $1,205 $10

15.9 10.9 15.8 10.7 $1,205 $10

15.9 11.0 15.8 10.7 $1,205 $10

15.9 11.0 15.8 10.7 $1,205 $10

15.9 11.0 15.8 10.7 $1,205 $10

15.9 11.0 15.8 10.7 $1,205 $10

15.9 11.0 15.8 10.7 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.0 15.8 10.8 $1,206 $10

15.9 11.1 15.8 10.8 $1,206 $10

15.9 11.1 15.8 10.8 $1,207 $10

15.9 11.1 15.8 10.8 $1,207 $10

15.9 11.1 15.8 10.9 $1,207 $10
Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

2009$ Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$

14 15 4 5 6 7 9 13 14

0 0 1 1 1 1 1 1 1

$25 7.755 15.6 8.7 15.4 8.6 $1,235 $10 $25

$25 7.755 15.6 8.8 15.4 8.6 $1,235 $10 $25

$25 7.754 15.6 8.8 15.4 8.7 $1,236 $10 $25

$25 7.754 15.5 8.9 15.4 8.7 $1,236 $10 $25

$25 7.754 15.5 8.9 15.4 8.7 $1,237 $10 $25

$25 7.754 15.5 8.9 15.4 8.8 $1,237 $10 $25

$25 7.754 15.5 9.0 15.4 8.8 $1,238 $10 $25

$25 7.753 15.5 9.0 15.4 8.9 $1,238 $10 $25

$26 7.753 15.5 9.1 15.4 8.9 $1,239 $10 $26

$26 7.753 15.5 9.1 15.4 8.9 $1,239 $10 $26

$26 7.753 15.5 9.2 15.4 9.0 $1,240 $10 $26

$26 7.752 15.5 9.2 15.4 9.1 $1,241 $10 $26

$26 7.752 15.5 9.3 15.4 9.1 $1,241 $10 $26

$26 7.752 15.5 9.4 15.4 9.2 $1,242 $10 $26

$26 7.751 15.5 9.4 15.4 9.2 $1,243 $10 $26

$26 7.751 15.5 9.5 15.4 9.3 $1,244 $10 $26

$26 7.750 15.5 9.6 15.4 9.4 $1,245 $10 $26

$26 7.750 15.5 9.6 15.4 9.4 $1,246 $10 $26

$26 7.750 15.5 9.7 15.4 9.5 $1,247 $10 $26

$26 7.749 15.5 9.8 15.4 9.6 $1,248 $10 $26

$26 7.749 15.5 9.9 15.4 9.7 $1,249 $10 $26

$26 7.748 15.5 10.0 15.4 9.8 $1,250 $10 $26

$26 7.748 15.5 10.0 15.4 9.8 $1,251 $10 $26

$26 7.747 15.5 10.1 15.4 9.9 $1,252 $10 $26

$26 7.747 15.5 10.2 15.4 10.0 $1,253 $10 $26

$26 7.747 15.5 10.3 15.3 10.1 $1,254 $10 $26

$26 7.7 15.5 10.4 15.3 10.1 $1,255 $10 $26

$26 7.7 15.5 10.5 15.3 10.2 $1,256 $10 $26

$26 7.7 15.5 10.5 15.3 10.3 $1,257 $10 $26

$26 7.7 15.4 10.6 15.3 10.4 $1,258 $10 $26

$26 7.7 15.4 10.7 15.3 10.4 $1,258 $10 $26

$26 7.7 15.4 10.7 15.3 10.5 $1,258 $10 $26

$26 7.7 15.4 10.7 15.3 10.5 $1,259 $10 $26

Efficiency Level 1

Stock Average
$26 7.7 15.4 10.8 15.3 10.5 $1,259 $10 $26

$26 7.7 15.4 10.8 15.3 10.5 $1,260 $10 $26

$26 7.7 15.4 10.8 15.3 10.6 $1,260 $10 $26

$26 7.7 15.4 10.8 15.3 10.6 $1,260 $10 $26

$26 7.7 15.4 10.9 15.3 10.6 $1,261 $10 $26

$26 7.7 15.4 10.9 15.3 10.6 $1,261 $10 $26

$26 7.7 15.4 10.9 15.3 10.7 $1,261 $10 $26

$26 7.7 15.4 10.9 15.3 10.7 $1,261 $10 $26

$26 7.7 15.4 10.9 15.3 10.7 $1,261 $10 $26

$26 7.7 15.4 10.9 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.7 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,262 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.0 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.1 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.1 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.1 15.3 10.8 $1,263 $10 $26

$26 7.7 15.4 11.1 15.3 10.9 $1,264 $10 $26
Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year

15 4 5 6 7 9 13 14 15

1 2 2 2 2 2 2 2 2

7.755 15.2 13.4 15.1 13.2 $1,292 $10 $26 7.8

7.755 15.2 13.4 15.1 13.2 $1,292 $10 $26 7.8

7.754 15.2 13.4 15.1 13.2 $1,292 $10 $26 7.8

7.754 15.2 13.5 15.1 13.3 $1,293 $10 $26 7.8

7.754 15.2 13.5 15.1 13.3 $1,293 $10 $26 7.8

7.754 15.2 13.5 15.0 13.3 $1,294 $10 $26 7.8

7.754 15.2 13.6 15.0 13.4 $1,294 $10 $26 7.8

7.753 15.2 13.6 15.0 13.4 $1,295 $10 $26 7.8

7.753 15.2 13.7 15.0 13.5 $1,295 $10 $26 7.8

7.753 15.2 13.7 15.0 13.5 $1,296 $10 $26 7.8

7.753 15.2 13.8 15.0 13.5 $1,296 $10 $26 7.8

7.752 15.2 13.8 15.0 13.6 $1,297 $10 $26 7.8

7.752 15.2 13.9 15.0 13.6 $1,298 $10 $26 7.8

7.752 15.2 13.9 15.0 13.7 $1,298 $10 $26 7.8

7.751 15.2 14.0 15.0 13.8 $1,299 $10 $26 7.8

7.751 15.2 14.0 15.0 13.8 $1,300 $10 $26 7.8

7.750 15.2 14.1 15.0 13.9 $1,301 $10 $26 7.8

7.750 15.2 14.2 15.0 14.0 $1,302 $10 $26 7.8

7.750 15.2 14.3 15.0 14.0 $1,302 $10 $26 7.8

7.749 15.2 14.3 15.0 14.1 $1,303 $10 $26 7.8

7.749 15.1 14.4 15.0 14.2 $1,304 $10 $26 7.8

7.748 15.1 14.5 15.0 14.2 $1,305 $10 $26 7.8

7.748 15.1 14.5 15.0 14.3 $1,306 $10 $26 7.8

7.747 15.1 14.6 15.0 14.4 $1,307 $10 $26 7.8

7.747 15.1 14.7 15.0 14.4 $1,308 $10 $26 7.8

7.747 15.1 14.8 15.0 14.5 $1,309 $10 $26 7.8

7.746 15.1 14.9 15.0 14.6 $1,310 $10 $26 7.8

7.746 15.1 14.9 15.0 14.7 $1,311 $10 $26 7.8

7.745 15.1 15.0 15.0 14.7 $1,311 $10 $26 7.8

7.745 15.1 15.1 15.0 14.8 $1,312 $10 $26 7.8

7.7 15.1 15.1 14.9 14.8 $1,313 $10 $26 7.8

7.7 15.1 15.1 14.9 14.9 $1,313 $10 $26 7.8

7.7 15.1 15.2 14.9 14.9 $1,314 $10 $26 7.8

Efficiency Level 2

Stock Average
7.7 15.1 15.2 14.9 14.9 $1,314 $10 $27 7.8

7.7 15.1 15.2 14.9 15.0 $1,314 $10 $27 7.8

7.7 15.1 15.3 14.9 15.0 $1,315 $10 $27 7.8

7.7 15.1 15.3 14.9 15.0 $1,315 $10 $27 7.8

7.7 15.1 15.3 14.9 15.0 $1,315 $10 $27 7.8

7.7 15.1 15.3 14.9 15.0 $1,315 $10 $27 7.8

7.7 15.1 15.3 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,316 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,317 $10 $27 7.8

7.7 15.1 15.4 14.9 15.1 $1,317 $10 $27 7.8

7.7 15.1 15.4 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.4 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.4 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,317 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,318 $10 $27 7.8

7.7 15.1 15.5 14.9 15.2 $1,318 $10 $27 7.8

7.7 15.1 15.5 14.9 15.3 $1,318 $10 $27 7.8
 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu)

4 5 6 7 9 13 14 15 4

3 3 3 3 3 3 3 3 4

14.8 69.1 14.6 68.2 $1,568 $10.42 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10.42 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,569 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,570 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,571 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,571 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,571 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,572 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.2 $1,572 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.1 $1,573 $10.43 $50 7.4 14.4

14.8 69.1 14.6 68.1 $1,573 $10.43 $50 7.4 14.4

14.8 69.0 14.6 68.1 $1,573 $10.43 $50 7.4 14.4

14.8 69.0 14.6 68.1 $1,574 $10.43 $50 7.4 14.4

14.8 69.0 14.6 68.1 $1,574 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,575 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,575 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,576 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.1 $1,576 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,577 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,577 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,578 $10.43 $50 7.4 14.4

14.7 69.0 14.5 68.0 $1,578 $10.43 $50 7.4 14.4

14.7 68.9 14.5 68.0 $1,579 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,579 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,580 $10.43 $50 7.4 14.3

Efficiency Level 3

Stock Average
14.7 68.9 14.5 68.0 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 68.0 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,581 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,582 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,583 $10.43 $50 7.4 14.3

14.7 68.9 14.5 67.9 $1,583 $10.43 $50 7.4 14.3
Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

 (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh)

5 6 7 9 13 14 15 4 5

4 4 4 4 4 4 4 5 5

68.2 14.2 67.1 $1,599 $10 $48 7.1 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.1 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.1 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.1 13.9 66.9

68.2 14.2 67.1 $1,599 $10 $48 7.1 13.9 66.9

68.2 14.2 67.1 $1,600 $10 $48 7.1 13.9 66.9

68.2 14.2 67.0 $1,600 $10 $48 7.1 13.9 66.9

68.2 14.2 67.0 $1,600 $10 $48 7.1 13.9 66.9

68.2 14.2 67.0 $1,600 $10 $48 7.1 13.9 66.9

68.1 14.2 67.0 $1,601 $10 $48 7.1 13.9 66.9

68.1 14.2 67.0 $1,601 $10 $48 7.1 13.9 66.9

68.1 14.2 67.0 $1,601 $10 $48 7.1 13.9 66.9

68.1 14.2 67.0 $1,602 $10 $48 7.1 13.9 66.8

68.1 14.2 67.0 $1,602 $10 $48 7.1 13.9 66.8

68.1 14.2 67.0 $1,602 $10 $48 7.1 13.9 66.8

68.1 14.1 67.0 $1,603 $10 $48 7.1 13.9 66.8

68.1 14.1 67.0 $1,603 $10 $48 7.1 13.9 66.8

68.1 14.1 67.0 $1,604 $10 $48 7.1 13.9 66.8

68.1 14.1 67.0 $1,604 $10 $48 7.1 13.9 66.8

68.1 14.1 67.0 $1,604 $10 $48 7.1 13.9 66.8

68.1 14.1 66.9 $1,605 $10 $48 7.1 13.9 66.8

68.1 14.1 66.9 $1,605 $10 $48 7.1 13.9 66.8

68.1 14.1 66.9 $1,606 $10 $48 7.1 13.9 66.8

68.1 14.1 66.9 $1,606 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,607 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,607 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,607 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,608 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,608 $10 $48 7.1 13.9 66.8

68.0 14.1 66.9 $1,609 $10 $48 7.1 13.9 66.8

68.0 14.1 66.8 $1,609 $10 $48 7.1 13.9 66.8

68.0 14.1 66.8 $1,609 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,609 $10 $48 7.1 13.9 66.7

Efficiency Level 4

Stock Average
68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,610 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,611 $10 $48 7.1 13.9 66.7

68.0 14.1 66.8 $1,612 $10 $48 7.1 13.9 66.7
Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

 (MMBtu) (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu)

6 7 9 13 14 15 4 5 6

5 5 5 5 5 5 6 6 6

13.6 65.5 $1,659 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,659 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,660 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,661 $10 $50 7.5 12.4 63.0 11.9

13.6 65.5 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,662 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,663 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,664 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,664 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,664 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,665 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,665 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.4 $1,666 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,667 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

Stock Average

Efficiency Level 5
13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,668 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,669 $10 $50 7.5 12.4 63.0 11.9

13.6 65.3 $1,670 $10 $50 7.5 12.4 63.0 11.9
Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

 (kWh) 2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu) (kWh)

7 9 13 14 15 4 5 6 7

6 6 6 6 6 7 7 7 7

60.6 $1,893 $10 $50 7.464 15.5 10.0 15.3 9.9

60.6 $1,893 $10 $50 7.464 15.5 10.1 15.3 9.9

60.6 $1,893 $10 $50 7.464 15.5 10.1 15.3 9.9

60.6 $1,893 $10 $50 7.464 15.5 10.2 15.3 10.0

60.6 $1,893 $10 $50 7.464 15.5 10.2 15.3 10.0

60.6 $1,893 $10 $50 7.464 15.5 10.2 15.3 10.1

60.6 $1,893 $10 $50 7.464 15.5 10.3 15.3 10.1

60.6 $1,893 $10 $50 7.464 15.4 10.3 15.3 10.1

60.6 $1,893 $10 $50 7.464 15.4 10.4 15.3 10.2

60.6 $1,893 $10 $50 7.464 15.4 10.4 15.3 10.2

60.6 $1,893 $10 $50 7.464 15.4 10.5 15.3 10.3

60.6 $1,893 $10 $50 7.464 15.4 10.5 15.3 10.3

60.6 $1,893 $10 $50 7.464 15.4 10.6 15.3 10.4

60.6 $1,893 $10 $50 7.464 15.4 10.6 15.3 10.4

60.6 $1,893 $10 $50 7.464 15.4 10.7 15.3 10.5

60.6 $1,893 $10 $50 7.464 15.4 10.8 15.3 10.6

60.6 $1,893 $10 $50 7.464 15.4 10.8 15.3 10.6

60.6 $1,893 $10 $50 7.464 15.4 10.9 15.3 10.7

60.6 $1,893 $10 $50 7.464 15.4 11.0 15.3 10.8

60.6 $1,893 $10 $50 7.464 15.4 11.1 15.3 10.9

60.6 $1,893 $10 $50 7.464 15.4 11.1 15.3 10.9

60.6 $1,893 $10 $50 7.464 15.4 11.2 15.3 11.0

60.6 $1,893 $10 $50 7.464 15.4 11.3 15.3 11.1

60.6 $1,893 $10 $50 7.464 15.4 11.4 15.3 11.2

60.6 $1,893 $10 $50 7.5 15.4 11.5 15.3 11.2

60.6 $1,893 $10 $50 7.5 15.4 11.5 15.3 11.3

60.6 $1,893 $10 $50 7.5 15.4 11.6 15.2 11.4

60.6 $1,893 $10 $50 7.5 15.4 11.7 15.2 11.5

60.6 $1,893 $10 $50 7.5 15.4 11.8 15.2 11.6

60.6 $1,893 $10 $50 7.5 15.4 11.9 15.2 11.6

60.6 $1,893 $10 $50 7.5 15.4 11.9 15.2 11.7

60.6 $1,893 $10 $50 7.5 15.4 11.9 15.2 11.7

60.6 $1,893 $10 $50 7.5 15.4 12.0 15.2 11.7

Stock Average Stock Average

Efficiency Level 6 Efficiency Level 7
60.6 $1,893 $10 $50 7.5 15.4 12.0 15.2 11.8

60.6 $1,893 $10 $50 7.5 15.3 12.0 15.2 11.8

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.8

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.8

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.1 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 11.9

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.2 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.0

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.1

60.6 $1,893 $10 $50 7.5 15.3 12.3 15.2 12.1

60.6 $1,893 $10 $50 7.5 15.3 12.4 15.2 12.1
Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

 Rebound 

ON 

Market 

Average 

Gas Use

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Gas Use

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

2009$ 2009$ 2009$ Year (MMBtu) (kWh) (MMBtu) (kWh) 2009$

9 13 14 15 4 5 6 7 9

7 7 7 7 8 8 8 8 8

$1,253 $11 $28 7.768 15.1 14.7 15.0 14.5 $1,310

$1,253 $11 $28 7.768 15.1 14.7 15.0 14.5 $1,310

$1,254 $11 $28 7.767 15.1 14.8 15.0 14.5 $1,311

$1,254 $11 $28 7.767 15.1 14.8 14.9 14.6 $1,311

$1,255 $11 $28 7.767 15.1 14.8 14.9 14.6 $1,312

$1,255 $11 $28 7.767 15.1 14.9 14.9 14.6 $1,312

$1,256 $11 $28 7.766 15.1 14.9 14.9 14.7 $1,313

$1,256 $11 $28 7.766 15.1 14.9 14.9 14.7 $1,313

$1,257 $11 $28 7.766 15.1 15.0 14.9 14.8 $1,314

$1,257 $11 $28 7.766 15.1 15.0 14.9 14.8 $1,314

$1,258 $11 $28 7.765 15.1 15.1 14.9 14.8 $1,315

$1,258 $11 $28 7.765 15.1 15.1 14.9 14.9 $1,315

$1,259 $11 $28 7.765 15.1 15.2 14.9 14.9 $1,316

$1,260 $11 $28 7.764 15.1 15.2 14.9 15.0 $1,317

$1,261 $11 $28 7.764 15.1 15.3 14.9 15.1 $1,317

$1,262 $11 $28 7.764 15.1 15.4 14.9 15.1 $1,318

$1,262 $11 $28 7.763 15.1 15.4 14.9 15.2 $1,319

$1,263 $11 $28 7.763 15.1 15.5 14.9 15.2 $1,320

$1,264 $11 $28 7.762 15.1 15.6 14.9 15.3 $1,321

$1,265 $11 $28 7.762 15.1 15.6 14.9 15.4 $1,321

$1,266 $11 $28 7.761 15.1 15.7 14.9 15.4 $1,322

$1,267 $11 $28 7.761 15.0 15.8 14.9 15.5 $1,323

$1,268 $11 $28 7.761 15.0 15.8 14.9 15.6 $1,324

$1,269 $11 $28 7.760 15.0 15.9 14.9 15.7 $1,325

$1,270 $11 $28 7.8 15.0 16.0 14.9 15.7 $1,326

$1,271 $11 $28 7.8 15.0 16.1 14.9 15.8 $1,327

$1,272 $11 $28 7.8 15.0 16.1 14.9 15.9 $1,328

$1,273 $11 $28 7.8 15.0 16.2 14.9 15.9 $1,328

$1,274 $11 $28 7.8 15.0 16.3 14.9 16.0 $1,329

$1,275 $11 $28 7.8 15.0 16.4 14.8 16.1 $1,330

$1,275 $11 $28 7.8 15.0 16.4 14.8 16.1 $1,331

$1,276 $11 $29 7.8 15.0 16.4 14.8 16.1 $1,331

$1,276 $11 $29 7.8 15.0 16.5 14.8 16.2 $1,331

Stock Average Stock Average

Efficiency Level 7 Efficiency Level 8

8.0

9.0

10.0

11.0

12.0

13.0

14.0

15.0

16.0

17.0

2015 2020 2025

UEC (MMBtu)

Base Case

TSL 1

TSL 2, TSL 3, TSL 4, TSL

TSL 5

TSL 6

TSL 8
$1,276 $11 $29 7.8 15.0 16.5 14.8 16.2 $1,332

$1,277 $11 $29 7.8 15.0 16.5 14.8 16.2 $1,332

$1,277 $11 $29 7.8 15.0 16.5 14.8 16.2 $1,332

$1,277 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,278 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,278 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,278 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,278 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,333

$1,279 $11 $29 7.8 15.0 16.6 14.8 16.3 $1,334

$1,279 $11 $29 7.8 15.0 16.6 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,279 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,334

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,335

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,335

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,335

$1,280 $11 $29 7.8 15.0 16.7 14.8 16.4 $1,335

$1,280 $11 $29 7.8 15.0 16.8 14.8 16.5 $1,335

$1,280 $11 $29 7.8 15.0 16.8 14.8 16.5 $1,335

$1,281 $11 $29 7.8 15.0 16.8 14.8 16.5 $1,335

$1,281 $11 $29 7.8 15.0 16.8 14.8 16.5 $1,336
Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

2009$ 2009$ Year

13 14 15

8 8 8

$11 $28 7.799

$11 $28 7.799

$11 $28 7.798

$11 $28 7.798

$11 $28 7.798

$11 $28 7.798

$11 $28 7.797

$11 $28 7.797

$11 $28 7.797

$11 $28 7.796

$11 $28 7.796

$11 $28 7.796

$11 $28 7.795

$11 $28 7.795

$11 $29 7.795

$11 $29 7.794

$11 $29 7.794

$11 $29 7.793

$11 $29 7.793

$11 $29 7.792

$11 $29 7.792

$11 $29 7.791

$11 $29 7.791

$11 $29 7.790

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

2030 2035 2040 2045

Base Case

TSL 1

TSL 2, TSL 3, TSL 4, TSL7

TSL 5

TSL 6

TSL 8
$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8

$11 $29 7.8
Shipments

1.5" ins 

(BASELINE) 2" ins 2.25"ins 2.5" ins 3" ins 4" ins

Millions 0 1 2 3 4 5

2015 5.14 32% 24% 5% 23% 7% 4%

2016 5.22 32% 24% 5% 23% 7% 4%

2017 5.26 32% 24% 5% 22% 7% 4%

2018 5.28 32% 24% 5% 22% 7% 4%

2019 5.30 32% 23% 5% 22% 7% 4%

2020 5.33 31% 23% 4% 22% 7% 4%

2021 5.33 31% 23% 4% 22% 7% 4%

2022 5.35 31% 23% 4% 22% 7% 4%

2023 5.40 31% 23% 4% 22% 7% 4%

2024 5.46 31% 23% 4% 22% 7% 4%

2025 5.55 31% 23% 4% 22% 7% 4%

2026 5.63 30% 23% 4% 21% 7% 4%

2027 5.70 30% 23% 4% 21% 7% 4%

2028 5.75 30% 22% 4% 21% 7% 4%

2029 5.81 30% 22% 4% 21% 7% 4%

2030 5.88 30% 22% 4% 21% 6% 4%

2031 5.92 30% 22% 4% 21% 6% 4%

2032 5.96 29% 22% 4% 21% 6% 4%

2033 6.00 29% 22% 4% 21% 6% 4%

2034 6.05 29% 22% 4% 21% 6% 4%

2035 6.10 29% 22% 4% 20% 6% 4%

2036 6.15 29% 22% 4% 20% 6% 4%

2037 6.20 29% 21% 4% 20% 6% 4%

2038 6.26 29% 21% 4% 20% 6% 4%

2039 6.32 28% 21% 4% 20% 6% 4%

2040 6.38 28% 21% 4% 20% 6% 4%

2041 6.44 28% 21% 4% 20% 6% 4%

2042 6.50 28% 21% 4% 20% 6% 4%

2043 6.56 28% 21% 4% 20% 6% 4%

2044 6.62 28% 21% 4% 19% 6% 4%

2045

Market Shares

ESWH- Market Trends
2046

2047

2048

2049

2050

2051

2052

2053

2054

2055

2056

2057

2058

2059

2060

2061

2062

2063

2064

2065

2066

2067

2068

2069

2070

2071

2072

2073
Heat Pump 

Water 

Heater

Heat Pump 

Water 

Heater 

(Max Tech) 2" ins 2.25"ins 2.5" ins 3" ins 4" ins

Heat Pump 

Water 

Heater

6 7 1 2 3 4 5 6

4.2% 1.0% 56% 61% 83% 90% 95% 99%

4.5% 1.1% 56% 60% 83% 90% 94% 99%

4.9% 1.2% 56% 60% 83% 90% 94% 99%

5.2% 1.3% 55% 60% 82% 89% 93% 99%

5.6% 1.4% 55% 60% 82% 89% 93% 99%

6.0% 1.5% 55% 59% 81% 88% 93% 99%

6.3% 1.6% 54% 59% 81% 88% 92% 98%

6.7% 1.7% 54% 59% 81% 87% 92% 98%

7.1% 1.8% 54% 58% 80% 87% 91% 98%

7.5% 1.9% 54% 58% 80% 86% 91% 98%

7.8% 2.0% 53% 58% 79% 86% 90% 98%

8.2% 2.0% 53% 57% 79% 86% 90% 98%

8.6% 2.1% 53% 57% 79% 85% 89% 98%

8.9% 2.2% 53% 57% 78% 85% 89% 98%

9.3% 2.3% 52% 57% 78% 84% 88% 98%

9.7% 2.4% 52% 56% 77% 84% 88% 98%

10.0% 2.5% 52% 56% 77% 83% 87% 97%

10.4% 2.6% 51% 56% 76% 83% 87% 97%

10.8% 2.7% 51% 55% 76% 82% 87% 97%

11.1% 2.8% 51% 55% 76% 82% 86% 97%

11.5% 2.9% 51% 55% 75% 82% 86% 97%

11.9% 3.0% 50% 55% 75% 81% 85% 97%

12.3% 3.1% 50% 54% 74% 81% 85% 97%

12.6% 3.2% 50% 54% 74% 80% 84% 97%

13.0% 3.2% 50% 54% 74% 80% 84% 97%

13.4% 3.3% 49% 53% 73% 79% 83% 97%

13.7% 3.4% 49% 53% 73% 79% 83% 97%

14.1% 3.5% 49% 53% 72% 79% 82% 96%

14.5% 3.6% 48% 52% 72% 78% 82% 96%

14.8% 3.7% 48% 52% 72% 78% 81% 96%

Energy Star Product

Cumulative Market Shares

Annual Growth Rate of Energy Star Products after 2015 (Linear) 0.46%

Ratio Heat Pump 2.2 vs 2 20%

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound ON Market 

Average Elec UEC

 (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

Heat Pump 

Water 

Heater 

(Max Tech)

7

100% 2502 2491 $ 661 $ 2 $ 22 $ 6 2492

100% 2497 2485 $ 666 $ 2 $ 23 $ 6 2487

100% 2492 2480 $ 670 $ 2 $ 23 $ 6 2482

100% 2487 2474 $ 675 $ 2 $ 23 $ 6 2477

100% 2482 2469 $ 679 $ 2 $ 23 $ 6 2472

100% 2477 2463 $ 684 $ 2 $ 23 $ 6 2467

100% 2472 2458 $ 689 $ 2 $ 23 $ 6 2462

100% 2467 2452 $ 693 $ 2 $ 24 $ 6 2458

100% 2462 2447 $ 698 $ 2 $ 24 $ 6 2453

100% 2458 2441 $ 702 $ 2 $ 24 $ 6 2448

100% 2453 2436 $ 707 $ 2 $ 24 $ 6 2443

100% 2448 2430 $ 711 $ 2 $ 24 $ 6 2438

100% 2443 2425 $ 716 $ 2 $ 25 $ 6 2433

100% 2438 2419 $ 720 $ 2 $ 25 $ 6 2428

100% 2433 2414 $ 725 $ 2 $ 25 $ 6 2423

100% 2428 2408 $ 730 $ 2 $ 25 $ 6 2418

100% 2423 2403 $ 734 $ 2 $ 25 $ 6 2414

100% 2418 2397 $ 739 $ 2 $ 25 $ 6 2409

100% 2413 2392 $ 743 $ 2 $ 26 $ 6 2404

100% 2408 2386 $ 748 $ 2 $ 26 $ 6 2399

100% 2403 2381 $ 752 $ 2 $ 26 $ 6 2394

100% 2398 2375 $ 757 $ 2 $ 26 $ 6 2389

100% 2393 2370 $ 762 $ 2 $ 26 $ 6 2384

100% 2388 2364 $ 766 $ 2 $ 27 $ 6 2379

100% 2383 2359 $ 771 $ 3 $ 27 $ 6 2374

100% 2379 2353 $ 775 $ 3 $ 27 $ 6 2370

100% 2374 2348 $ 780 $ 3 $ 27 $ 6 2365

100% 2369 2342 $ 784 $ 3 $ 27 $ 6 2360

100% 2364 2337 $ 789 $ 3 $ 27 $ 6 2355

100% 2359 2332 $ 794 $ 3 $ 28 $ 6 2350

Base Case

Shipments Average

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

2479 $ 672 $ 2 $ 22 $ 6 2475 2460 $ 683 $ 2

2474 $ 676 $ 2 $ 23 $ 6 2470 2455 $ 688 $ 2

2468 $ 681 $ 2 $ 23 $ 6 2465 2450 $ 692 $ 2

2463 $ 685 $ 2 $ 23 $ 6 2460 2444 $ 697 $ 2

2458 $ 690 $ 2 $ 23 $ 6 2455 2439 $ 701 $ 2

2452 $ 694 $ 2 $ 23 $ 6 2451 2434 $ 706 $ 2

2447 $ 699 $ 2 $ 23 $ 6 2446 2428 $ 710 $ 2

2441 $ 703 $ 2 $ 24 $ 6 2441 2423 $ 715 $ 2

2436 $ 708 $ 2 $ 24 $ 6 2436 2418 $ 719 $ 2

2430 $ 712 $ 2 $ 24 $ 6 2431 2412 $ 724 $ 2

2425 $ 717 $ 2 $ 24 $ 6 2427 2407 $ 728 $ 2

2420 $ 721 $ 2 $ 24 $ 6 2422 2402 $ 733 $ 2

2414 $ 726 $ 2 $ 25 $ 6 2417 2396 $ 737 $ 2

2409 $ 730 $ 2 $ 25 $ 6 2412 2391 $ 741 $ 2

2403 $ 735 $ 2 $ 25 $ 6 2407 2386 $ 746 $ 2

2398 $ 739 $ 2 $ 25 $ 6 2403 2380 $ 750 $ 2

2392 $ 744 $ 2 $ 25 $ 6 2398 2375 $ 755 $ 2

2387 $ 748 $ 2 $ 25 $ 6 2393 2370 $ 759 $ 2

2381 $ 753 $ 2 $ 26 $ 6 2388 2364 $ 764 $ 2

2376 $ 757 $ 2 $ 26 $ 6 2383 2359 $ 768 $ 2

2371 $ 762 $ 2 $ 26 $ 6 2379 2354 $ 773 $ 2

2365 $ 767 $ 2 $ 26 $ 6 2374 2348 $ 777 $ 2

2360 $ 771 $ 2 $ 26 $ 6 2369 2343 $ 782 $ 2

2354 $ 776 $ 2 $ 27 $ 6 2364 2337 $ 786 $ 2

2349 $ 780 $ 3 $ 27 $ 6 2359 2332 $ 790 $ 3

2343 $ 785 $ 3 $ 27 $ 6 2355 2327 $ 795 $ 3

2338 $ 789 $ 3 $ 27 $ 6 2350 2321 $ 799 $ 3

2333 $ 794 $ 3 $ 27 $ 6 2345 2316 $ 804 $ 3

2327 $ 798 $ 3 $ 27 $ 6 2340 2311 $ 808 $ 3

2322 $ 803 $ 3 $ 28 $ 6 2335 2305 $ 813 $ 3

Efficiency Level 1 Efficiency Level 2

Shipments Average Shipments Average

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

2009$ Year (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

$ 22 $ 6 2464 2448 $ 690 $ 2 $ 22 $ 6 2428

$ 23 $ 6 2459 2443 $ 695 $ 2 $ 23 $ 6 2423

$ 23 $ 6 2454 2437 $ 699 $ 2 $ 23 $ 6 2418

$ 23 $ 6 2449 2432 $ 703 $ 2 $ 23 $ 6 2414

$ 23 $ 6 2445 2427 $ 708 $ 2 $ 23 $ 6 2409

$ 23 $ 6 2440 2422 $ 712 $ 2 $ 23 $ 6 2405

$ 23 $ 6 2435 2416 $ 717 $ 2 $ 23 $ 6 2400

$ 24 $ 6 2430 2411 $ 721 $ 2 $ 24 $ 6 2396

$ 24 $ 6 2426 2406 $ 726 $ 2 $ 24 $ 6 2391

$ 24 $ 6 2421 2401 $ 730 $ 2 $ 24 $ 6 2386

$ 24 $ 6 2416 2395 $ 734 $ 2 $ 24 $ 6 2382

$ 24 $ 6 2411 2390 $ 739 $ 2 $ 24 $ 6 2377

$ 25 $ 6 2407 2385 $ 743 $ 2 $ 25 $ 6 2373

$ 25 $ 6 2402 2379 $ 748 $ 2 $ 25 $ 6 2368

$ 25 $ 6 2397 2374 $ 752 $ 2 $ 25 $ 6 2364

$ 25 $ 6 2392 2369 $ 757 $ 2 $ 25 $ 6 2359

$ 25 $ 6 2388 2364 $ 761 $ 2 $ 25 $ 6 2354

$ 25 $ 6 2383 2358 $ 765 $ 2 $ 25 $ 6 2350

$ 26 $ 6 2378 2353 $ 770 $ 2 $ 26 $ 6 2345

$ 26 $ 6 2373 2348 $ 774 $ 2 $ 26 $ 6 2341

$ 26 $ 6 2369 2342 $ 779 $ 2 $ 26 $ 6 2336

$ 26 $ 6 2364 2337 $ 783 $ 2 $ 26 $ 6 2332

$ 26 $ 6 2359 2332 $ 788 $ 2 $ 26 $ 6 2327

$ 27 $ 6 2354 2327 $ 792 $ 2 $ 27 $ 6 2322

$ 27 $ 6 2350 2321 $ 796 $ 3 $ 27 $ 6 2318

$ 27 $ 6 2345 2316 $ 801 $ 3 $ 27 $ 6 2313

$ 27 $ 6 2340 2311 $ 805 $ 3 $ 27 $ 6 2309

$ 27 $ 6 2335 2305 $ 810 $ 3 $ 27 $ 6 2304

$ 27 $ 6 2331 2300 $ 814 $ 3 $ 27 $ 6 2299

$ 28 $ 6 2326 2295 $ 819 $ 3 $ 28 $ 6 2295

Efficiency Level 3

Shipments Average

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

2408 $ 724 $ 2 $ 22 $ 6 2399 2376 $ 757 $ 2

2403 $ 728 $ 2 $ 23 $ 6 2395 2371 $ 761 $ 2

2398 $ 732 $ 2 $ 23 $ 6 2390 2366 $ 765 $ 2

2393 $ 736 $ 2 $ 23 $ 6 2386 2361 $ 769 $ 2

2388 $ 741 $ 2 $ 23 $ 6 2381 2356 $ 773 $ 2

2383 $ 745 $ 2 $ 23 $ 6 2377 2352 $ 777 $ 2

2378 $ 749 $ 2 $ 23 $ 6 2372 2347 $ 781 $ 2

2372 $ 753 $ 2 $ 24 $ 6 2368 2342 $ 785 $ 2

2367 $ 758 $ 2 $ 24 $ 6 2363 2337 $ 789 $ 2

2362 $ 762 $ 2 $ 24 $ 6 2359 2332 $ 793 $ 2

2357 $ 766 $ 2 $ 24 $ 6 2355 2327 $ 798 $ 2

2352 $ 771 $ 2 $ 24 $ 6 2350 2322 $ 802 $ 2

2347 $ 775 $ 2 $ 25 $ 6 2346 2317 $ 806 $ 2

2342 $ 779 $ 2 $ 25 $ 6 2341 2312 $ 810 $ 2

2337 $ 783 $ 2 $ 25 $ 6 2337 2307 $ 814 $ 2

2332 $ 788 $ 2 $ 25 $ 6 2332 2302 $ 818 $ 2

2327 $ 792 $ 2 $ 25 $ 6 2328 2297 $ 822 $ 2

2322 $ 796 $ 2 $ 25 $ 6 2324 2292 $ 826 $ 2

2316 $ 800 $ 2 $ 26 $ 6 2319 2287 $ 830 $ 2

2311 $ 805 $ 2 $ 26 $ 6 2315 2282 $ 835 $ 2

2306 $ 809 $ 2 $ 26 $ 6 2310 2278 $ 839 $ 2

2301 $ 813 $ 2 $ 26 $ 6 2306 2273 $ 843 $ 2

2296 $ 817 $ 2 $ 26 $ 6 2301 2268 $ 847 $ 2

2291 $ 822 $ 2 $ 27 $ 6 2297 2263 $ 851 $ 2

2286 $ 826 $ 3 $ 27 $ 6 2292 2258 $ 855 $ 3

2281 $ 830 $ 3 $ 27 $ 6 2288 2253 $ 859 $ 3

2276 $ 834 $ 3 $ 27 $ 6 2284 2248 $ 863 $ 3

2271 $ 839 $ 3 $ 27 $ 6 2279 2243 $ 867 $ 3

2266 $ 843 $ 3 $ 27 $ 6 2275 2238 $ 871 $ 3

2261 $ 847 $ 3 $ 28 $ 6 2270 2233 $ 876 $ 3

Efficiency Level 4 Efficiency Level 5

Shipments Average Shipments Average

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

2009$ Year (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

$ 22 $ 6 1518 1397 $ 1,576 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1397 $ 1,576 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1397 $ 1,576 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1396 $ 1,576 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1396 $ 1,577 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1396 $ 1,577 $ 4 $ 60 $ 8 1355

$ 23 $ 6 1517 1396 $ 1,577 $ 4 $ 60 $ 8 1355

$ 24 $ 6 1516 1396 $ 1,577 $ 4 $ 60 $ 8 1355

$ 24 $ 6 1516 1395 $ 1,577 $ 4 $ 60 $ 8 1355

$ 24 $ 6 1516 1395 $ 1,577 $ 4 $ 60 $ 8 1355

$ 24 $ 6 1516 1395 $ 1,577 $ 4 $ 60 $ 8 1355

$ 24 $ 6 1516 1395 $ 1,577 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1516 1395 $ 1,577 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1516 1395 $ 1,578 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 25 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 26 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 26 $ 6 1515 1394 $ 1,578 $ 4 $ 60 $ 8 1355

$ 26 $ 6 1515 1393 $ 1,578 $ 4 $ 60 $ 8 1355

$ 26 $ 6 1514 1393 $ 1,579 $ 4 $ 60 $ 8 1355

$ 26 $ 6 1514 1393 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1514 1393 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1514 1393 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1514 1393 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1514 1392 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1513 1392 $ 1,579 $ 4 $ 60 $ 8 1355

$ 27 $ 6 1513 1392 $ 1,579 $ 4 $ 60 $ 8 1355

$ 28 $ 6 1513 1392 $ 1,579 $ 4 $ 60 $ 8 1355

Efficiency Level 6

Shipments Average

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

1216 $ 1,703 $ 4 $ 60 $ 8 2335 2305 806 2

1216 $ 1,703 $ 4 $ 60 $ 8 2331 2300 810 2

1216 $ 1,703 $ 4 $ 60 $ 8 2327 2296 814 2

1216 $ 1,703 $ 4 $ 60 $ 8 2322 2291 818 3

1216 $ 1,703 $ 4 $ 60 $ 8 2318 2287 822 3

1216 $ 1,703 $ 4 $ 60 $ 8 2314 2282 826 3

1216 $ 1,703 $ 4 $ 60 $ 8 2310 2277 830 3

1216 $ 1,703 $ 4 $ 60 $ 8 2306 2273 833 3

1216 $ 1,703 $ 4 $ 60 $ 8 2302 2268 837 3

1216 $ 1,703 $ 4 $ 60 $ 8 2298 2264 841 3

1216 $ 1,703 $ 4 $ 60 $ 8 2294 2259 845 3

1216 $ 1,703 $ 4 $ 60 $ 8 2289 2254 849 3

1216 $ 1,703 $ 4 $ 60 $ 8 2285 2250 853 3

1216 $ 1,703 $ 4 $ 60 $ 8 2281 2245 857 3

1216 $ 1,703 $ 4 $ 60 $ 8 2277 2241 860 3

1216 $ 1,703 $ 4 $ 60 $ 8 2273 2236 864 3

1216 $ 1,703 $ 4 $ 60 $ 8 2269 2232 868 3

1216 $ 1,703 $ 4 $ 60 $ 8 2265 2227 872 3

1216 $ 1,703 $ 4 $ 60 $ 8 2261 2222 876 3

1216 $ 1,703 $ 4 $ 60 $ 8 2256 2218 880 3

1216 $ 1,703 $ 4 $ 60 $ 8 2252 2213 884 3

1216 $ 1,703 $ 4 $ 60 $ 8 2248 2209 887 3

1216 $ 1,703 $ 4 $ 60 $ 8 2244 2204 891 3

1216 $ 1,703 $ 4 $ 60 $ 8 2240 2199 895 3

1216 $ 1,703 $ 4 $ 60 $ 8 2236 2195 899 3

1216 $ 1,703 $ 4 $ 60 $ 8 2232 2190 903 3

1216 $ 1,703 $ 4 $ 60 $ 8 2228 2186 907 3

1216 $ 1,703 $ 4 $ 60 $ 8 2223 2181 911 3

1216 $ 1,703 $ 4 $ 60 $ 8 2219 2177 914 3

1216 $ 1,703 $ 4 $ 60 $ 8 2215 2172 918 3

Efficiency Level 8

Shipments Average Shipments Average

Efficiency Level 7

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

2009$ Year (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

25 6 2502 2491 $661 $2.3 $22 5.6 2492

25 6 2499 2488 $663 $2.3 $22 5.6 2489

25 6 2497 2485 $666 $2.3 $23 5.6 2487

26 6 2495 2482 $668 $2.3 $23 5.7 2484

26 6 2492 2480 $670 $2.4 $23 5.7 2482

26 6 2490 2477 $673 $2.4 $23 5.7 2479

26 6 2487 2474 $675 $2.4 $23 5.7 2477

26 6 2484 2471 $677 $2.4 $23 5.7 2474

26 6 2482 2468 $680 $2.4 $23 5.7 2472

27 6 2479 2465 $683 $2.4 $23 5.7 2469

27 6 2475 2461 $686 $2.4 $23 5.7 2465

27 6 2472 2457 $689 $2.4 $23 5.7 2462

27 6 2468 2453 $692 $2.4 $24 5.7 2458

27 6 2465 2449 $696 $2.4 $24 5.7 2455

27 6 2460 2444 $700 $2.4 $24 5.7 2451

28 6 2456 2440 $703 $2.4 $24 5.7 2446

28 6 2452 2435 $707 $2.4 $24 5.7 2442

28 6 2447 2430 $712 $2.4 $24 5.8 2438

28 6 2443 2425 $716 $2.4 $25 5.8 2433

28 6 2438 2420 $720 $2.4 $25 5.8 2428

28 6 2433 2414 $725 $2.4 $25 5.8 2424

29 6 2428 2409 $729 $2.4 $25 5.8 2419

29 6 2424 2403 $734 $2.4 $25 5.8 2414

29 6 2419 2398 $738 $2.5 $25 5.8 2409

29 6 2414 2393 $743 $2.5 $26 5.8 2404

29 6 2409 2387 $747 $2.5 $26 5.8 2400

29 6 2404 2382 $752 $2.5 $26 5.9 2395

30 6 2399 2376 $756 $2.5 $26 5.9 2390

30 6 2394 2371 $761 $2.5 $26 5.9 2385

30 6 2389 2365 $765 $2.5 $27 5.9 2380

2387 2363 $767 $2.5 $27 5.9 2378

Efficiency Level 0

Stock Average
2385 2361 $769 $2.5 $27 5.9 2376

2383 2358 $771 $2.5 $27 5.9 2374

2381 2356 $773 $2.5 $27 5.9 2372

2379 2354 $775 $2.5 $27 5.9 2370

2377 2352 $776 $2.5 $27 5.9 2368

2376 2351 $778 $2.5 $27 5.9 2367

2375 2349 $779 $2.5 $27 5.9 2366

2373 2348 $780 $2.5 $27 5.9 2364

2372 2347 $781 $2.5 $27 5.9 2363

2371 2345 $782 $2.5 $27 5.9 2362

2370 2345 $783 $2.5 $27 5.9 2362

2370 2344 $783 $2.5 $27 5.9 2361

2369 2343 $784 $2.5 $27 5.9 2360

2368 2342 $785 $2.5 $27 5.9 2359

2368 2341 $785 $2.5 $27 5.9 2359

2367 2341 $786 $2.5 $27 5.9 2358

2367 2340 $786 $2.5 $27 5.9 2358

2366 2340 $787 $2.5 $27 5.9 2357

2366 2339 $787 $2.5 $27 5.9 2357

2365 2339 $787 $2.5 $27 5.9 2356

2365 2338 $788 $2.5 $27 5.9 2356

2364 2338 $788 $2.5 $27 5.9 2356

2364 2337 $789 $2.5 $27 5.9 2355

2363 2337 $789 $2.5 $27 5.9 2355

2363 2336 $790 $2.5 $28 5.9 2354

2362 2335 $791 $2.5 $28 5.9 2353

2360 2333 $792 $2.5 $28 5.9 2352

2359 2332 $794 $2.5 $28 6.0 2350
Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

2479 $672 $2.3 $22 5.6 2475 2460 $683 $2.3

2477 $674 $2.3 $22 5.6 2472 2458 $686 $2.3

2474 $676 $2.3 $23 5.6 2470 2455 $688 $2.3

2471 $678 $2.3 $23 5.7 2467 2452 $690 $2.3

2468 $681 $2.4 $23 5.7 2465 2450 $692 $2.4

2466 $683 $2.4 $23 5.7 2463 2447 $695 $2.4

2463 $685 $2.4 $23 5.7 2460 2444 $697 $2.4

2460 $688 $2.4 $23 5.7 2458 2441 $699 $2.4

2457 $690 $2.4 $23 5.7 2455 2438 $702 $2.4

2454 $693 $2.4 $23 5.7 2452 2435 $705 $2.4

2450 $696 $2.4 $23 5.7 2449 2432 $707 $2.4

2446 $699 $2.4 $23 5.7 2446 2428 $711 $2.4

2442 $702 $2.4 $24 5.7 2442 2424 $714 $2.4

2438 $706 $2.4 $24 5.7 2438 2420 $717 $2.4

2434 $710 $2.4 $24 5.7 2434 2415 $721 $2.4

2429 $714 $2.4 $24 5.7 2430 2411 $725 $2.4

2424 $718 $2.4 $24 5.7 2426 2406 $729 $2.4

2419 $722 $2.4 $24 5.8 2421 2401 $733 $2.4

2414 $726 $2.4 $25 5.8 2417 2396 $737 $2.4

2409 $730 $2.4 $25 5.8 2412 2391 $741 $2.4

2404 $735 $2.4 $25 5.8 2408 2386 $746 $2.4

2398 $739 $2.4 $25 5.8 2403 2381 $750 $2.4

2393 $743 $2.4 $25 5.8 2398 2376 $754 $2.4

2388 $748 $2.5 $25 5.8 2394 2370 $759 $2.5

2382 $752 $2.5 $26 5.8 2389 2365 $763 $2.5

2377 $757 $2.5 $26 5.8 2384 2360 $768 $2.5

2371 $761 $2.5 $26 5.9 2379 2354 $772 $2.5

2366 $766 $2.5 $26 5.9 2374 2349 $776 $2.5

2361 $770 $2.5 $26 5.9 2370 2344 $781 $2.5

2355 $775 $2.5 $27 5.9 2365 2338 $785 $2.5

2353 $777 $2.5 $27 5.9 2363 2336 $787 $2.5

Efficiency Level 1

Stock Average

Efficiency Level 2

Stock Average
2350 $779 $2.5 $27 5.9 2361 2334 $789 $2.5

2348 $781 $2.5 $27 5.9 2359 2332 $791 $2.5

2346 $782 $2.5 $27 5.9 2357 2329 $793 $2.5

2344 $784 $2.5 $27 5.9 2355 2327 $794 $2.5

2342 $786 $2.5 $27 5.9 2353 2326 $796 $2.5

2341 $787 $2.5 $27 5.9 2352 2324 $797 $2.5

2339 $788 $2.5 $27 5.9 2351 2323 $799 $2.5

2338 $789 $2.5 $27 5.9 2350 2321 $800 $2.5

2337 $790 $2.5 $27 5.9 2348 2320 $801 $2.5

2336 $791 $2.5 $27 5.9 2348 2319 $801 $2.5

2335 $792 $2.5 $27 5.9 2347 2318 $802 $2.5

2334 $793 $2.5 $27 5.9 2346 2317 $803 $2.5

2333 $793 $2.5 $27 5.9 2345 2316 $804 $2.5

2332 $794 $2.5 $27 5.9 2345 2316 $804 $2.5

2332 $794 $2.5 $27 5.9 2344 2315 $805 $2.5

2331 $795 $2.5 $27 5.9 2344 2315 $805 $2.5

2330 $795 $2.5 $27 5.9 2343 2314 $806 $2.5

2330 $796 $2.5 $27 5.9 2343 2314 $806 $2.5

2329 $796 $2.5 $27 5.9 2342 2313 $806 $2.5

2329 $797 $2.5 $27 5.9 2342 2313 $807 $2.5

2328 $797 $2.5 $27 5.9 2341 2312 $807 $2.5

2328 $797 $2.5 $27 5.9 2341 2312 $808 $2.5

2327 $798 $2.5 $27 5.9 2340 2311 $808 $2.5

2327 $798 $2.5 $27 5.9 2340 2310 $809 $2.5

2326 $799 $2.5 $28 5.9 2339 2310 $809 $2.5

2325 $800 $2.5 $28 5.9 2338 2309 $810 $2.5

2324 $801 $2.5 $28 5.9 2337 2307 $811 $2.5

2322 $803 $2.5 $28 6.0 2335 2305 $813 $2.5
Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

2009$ Year (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

$22 5.6 2464 2448 $690 $2.3 $22 5.6 2428

$22 5.6 2461 2445 $692 $2.3 $22 5.6 2425

$23 5.6 2459 2443 $695 $2.3 $23 5.6 2423

$23 5.7 2456 2440 $697 $2.3 $23 5.7 2421

$23 5.7 2454 2437 $699 $2.4 $23 5.7 2418

$23 5.7 2452 2435 $701 $2.4 $23 5.7 2416

$23 5.7 2449 2432 $704 $2.4 $23 5.7 2414

$23 5.7 2447 2429 $706 $2.4 $23 5.7 2411

$23 5.7 2444 2426 $708 $2.4 $23 5.7 2409

$23 5.7 2441 2423 $711 $2.4 $23 5.7 2406

$23 5.7 2438 2420 $714 $2.4 $23 5.7 2403

$23 5.7 2435 2416 $717 $2.4 $23 5.7 2400

$24 5.7 2431 2412 $720 $2.4 $24 5.7 2396

$24 5.7 2428 2408 $724 $2.4 $24 5.7 2393

$24 5.7 2424 2404 $727 $2.4 $24 5.7 2389

$24 5.7 2420 2399 $731 $2.4 $24 5.7 2385

$24 5.7 2415 2394 $735 $2.4 $24 5.7 2381

$24 5.8 2411 2390 $739 $2.4 $24 5.8 2377

$25 5.8 2407 2385 $743 $2.4 $25 5.8 2373

$25 5.8 2402 2380 $748 $2.4 $25 5.8 2368

$25 5.8 2397 2375 $752 $2.4 $25 5.8 2364

$25 5.8 2393 2369 $756 $2.4 $25 5.8 2359

$25 5.8 2388 2364 $760 $2.4 $25 5.8 2355

$25 5.8 2383 2359 $765 $2.5 $25 5.8 2350

$26 5.8 2379 2354 $769 $2.5 $26 5.8 2346

$26 5.8 2374 2348 $774 $2.5 $26 5.8 2341

$26 5.9 2369 2343 $778 $2.5 $26 5.9 2337

$26 5.9 2365 2338 $782 $2.5 $26 5.9 2332

$26 5.9 2360 2333 $787 $2.5 $26 5.9 2328

$27 5.9 2355 2327 $791 $2.5 $27 5.9 2323

$27 5.9 2353 2325 $793 $2.5 $27 5.9 2321

Efficiency Level 3

Stock Average
$27 5.9 2351 2323 $795 $2.5 $27 5.9 2319

$27 5.9 2349 2321 $797 $2.5 $27 5.9 2317

$27 5.9 2347 2319 $799 $2.5 $27 5.9 2315

$27 5.9 2345 2317 $800 $2.5 $27 5.9 2314

$27 5.9 2344 2315 $802 $2.5 $27 5.9 2312

$27 5.9 2342 2313 $803 $2.5 $27 5.9 2311

$27 5.9 2341 2312 $804 $2.5 $27 5.9 2310

$27 5.9 2340 2311 $805 $2.5 $27 5.9 2308

$27 5.9 2339 2309 $806 $2.5 $27 5.9 2307

$27 5.9 2338 2308 $807 $2.5 $27 5.9 2307

$27 5.9 2337 2307 $808 $2.5 $27 5.9 2306

$27 5.9 2336 2307 $809 $2.5 $27 5.9 2305

$27 5.9 2336 2306 $809 $2.5 $27 5.9 2304

$27 5.9 2335 2305 $810 $2.5 $27 5.9 2304

$27 5.9 2334 2304 $810 $2.5 $27 5.9 2303

$27 5.9 2334 2304 $811 $2.5 $27 5.9 2303

$27 5.9 2333 2303 $811 $2.5 $27 5.9 2302

$27 5.9 2333 2303 $812 $2.5 $27 5.9 2302

$27 5.9 2333 2302 $812 $2.5 $27 5.9 2301

$27 5.9 2332 2302 $813 $2.5 $27 5.9 2301

$27 5.9 2332 2301 $813 $2.5 $27 5.9 2301

$27 5.9 2331 2301 $813 $2.5 $27 5.9 2300

$27 5.9 2331 2300 $814 $2.5 $27 5.9 2300

$27 5.9 2330 2300 $814 $2.5 $27 5.9 2299

$28 5.9 2330 2299 $815 $2.5 $28 5.9 2299

$28 5.9 2329 2298 $816 $2.5 $28 5.9 2298

$28 5.9 2327 2297 $817 $2.5 $28 5.9 2296

$28 6.0 2326 2295 $819 $2.5 $28 6.0 2295
Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

2408 $724 $2.3 $22 5.6 2399 2376 $757 $2.3

2405 $726 $2.3 $22 5.6 2397 2374 $759 $2.3

2403 $728 $2.3 $23 5.6 2394 2371 $761 $2.3

2400 $730 $2.3 $23 5.7 2392 2369 $763 $2.3

2398 $732 $2.4 $23 5.7 2390 2366 $765 $2.4

2395 $734 $2.4 $23 5.7 2388 2364 $767 $2.4

2393 $737 $2.4 $23 5.7 2386 2361 $769 $2.4

2390 $739 $2.4 $23 5.7 2383 2359 $771 $2.4

2387 $741 $2.4 $23 5.7 2381 2356 $773 $2.4

2384 $744 $2.4 $23 5.7 2378 2353 $776 $2.4

2381 $747 $2.4 $23 5.7 2375 2350 $779 $2.4

2377 $749 $2.4 $23 5.7 2372 2346 $781 $2.4

2373 $753 $2.4 $24 5.7 2369 2343 $784 $2.4

2369 $756 $2.4 $24 5.7 2365 2339 $788 $2.4

2365 $759 $2.4 $24 5.7 2362 2335 $791 $2.4

2361 $763 $2.4 $24 5.7 2358 2330 $795 $2.4

2356 $767 $2.4 $24 5.7 2354 2326 $798 $2.4

2352 $771 $2.4 $24 5.8 2350 2322 $802 $2.4

2347 $775 $2.4 $25 5.8 2346 2317 $806 $2.4

2342 $779 $2.4 $25 5.8 2341 2312 $810 $2.4

2337 $783 $2.4 $25 5.8 2337 2308 $814 $2.4

2332 $787 $2.4 $25 5.8 2333 2303 $818 $2.4

2327 $791 $2.4 $25 5.8 2328 2298 $822 $2.4

2322 $796 $2.5 $25 5.8 2324 2293 $826 $2.5

2317 $800 $2.5 $26 5.8 2320 2288 $830 $2.5

2312 $804 $2.5 $26 5.8 2315 2283 $834 $2.5

2307 $808 $2.5 $26 5.9 2311 2278 $838 $2.5

2302 $813 $2.5 $26 5.9 2306 2273 $842 $2.5

2297 $817 $2.5 $26 5.9 2302 2268 $846 $2.5

2292 $821 $2.5 $27 5.9 2298 2264 $850 $2.5

2290 $823 $2.5 $27 5.9 2296 2261 $852 $2.5

Efficiency Level 5

Stock Average

Efficiency Level 4

Stock Average
2287 $825 $2.5 $27 5.9 2294 2259 $854 $2.5

2285 $826 $2.5 $27 5.9 2292 2257 $856 $2.5

2283 $828 $2.5 $27 5.9 2290 2255 $857 $2.5

2281 $830 $2.5 $27 5.9 2289 2253 $859 $2.5

2280 $831 $2.5 $27 5.9 2287 2252 $860 $2.5

2278 $832 $2.5 $27 5.9 2286 2250 $861 $2.5

2277 $834 $2.5 $27 5.9 2284 2249 $862 $2.5

2276 $835 $2.5 $27 5.9 2283 2248 $863 $2.5

2274 $836 $2.5 $27 5.9 2282 2247 $864 $2.5

2274 $836 $2.5 $27 5.9 2282 2246 $865 $2.5

2273 $837 $2.5 $27 5.9 2281 2245 $866 $2.5

2272 $838 $2.5 $27 5.9 2280 2244 $866 $2.5

2271 $838 $2.5 $27 5.9 2279 2243 $867 $2.5

2270 $839 $2.5 $27 5.9 2279 2243 $868 $2.5

2270 $840 $2.5 $27 5.9 2278 2242 $868 $2.5

2269 $840 $2.5 $27 5.9 2278 2242 $869 $2.5

2269 $840 $2.5 $27 5.9 2277 2241 $869 $2.5

2268 $841 $2.5 $27 5.9 2277 2241 $869 $2.5

2268 $841 $2.5 $27 5.9 2277 2240 $870 $2.5

2267 $842 $2.5 $27 5.9 2276 2240 $870 $2.5

2267 $842 $2.5 $27 5.9 2276 2239 $870 $2.5

2266 $842 $2.5 $27 5.9 2275 2239 $871 $2.5

2266 $843 $2.5 $27 5.9 2275 2238 $871 $2.5

2265 $843 $2.5 $27 5.9 2274 2238 $872 $2.5

2265 $844 $2.5 $28 5.9 2274 2237 $872 $2.5

2264 $845 $2.5 $28 5.9 2273 2236 $873 $2.5

2262 $846 $2.5 $28 5.9 2272 2235 $874 $2.5

2261 $847 $2.5 $28 6.0 2270 2233 $876 $2.5
Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

2009$ Year (kWh) (kWh) 2009$ 2009$ 2009$ Year (kWh)

$22 5.6 1518 1397 $1,576 $3.7 $60 7.9 1355

$22 5.6 1517 1397 $1,576 $3.7 $60 7.9 1355

$23 5.6 1517 1397 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1397 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1397 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,576 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,577 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,577 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,577 $3.7 $60 7.9 1355

$23 5.7 1517 1396 $1,577 $3.7 $60 7.9 1355

$24 5.7 1517 1396 $1,577 $3.7 $60 7.9 1355

$24 5.7 1516 1396 $1,577 $3.7 $60 7.9 1355

$24 5.7 1516 1395 $1,577 $3.7 $60 7.9 1355

$24 5.7 1516 1395 $1,577 $3.7 $60 7.9 1355

$24 5.7 1516 1395 $1,577 $3.7 $60 7.9 1355

$24 5.8 1516 1395 $1,577 $3.7 $60 7.9 1355

$25 5.8 1516 1395 $1,577 $3.7 $60 7.9 1355

$25 5.8 1516 1395 $1,578 $3.7 $60 7.9 1355

$25 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$25 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$25 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$25 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$26 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$26 5.8 1515 1394 $1,578 $3.7 $60 7.9 1355

$26 5.9 1515 1393 $1,578 $3.7 $60 7.9 1355

$26 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$26 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

Efficiency Level 6

Stock Average
$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1393 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1514 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$27 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$28 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$28 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$28 5.9 1513 1392 $1,579 $3.7 $60 7.9 1355

$28 6.0 1513 1392 $1,579 $3.7 $60 7.9 1355

89374 82234 93113 221 3522 464 79944
Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

Rebound 

ON 

Market 

Average 

Elec UEC

Rebound 

OFF 

Market 

Average 

Elec Use

Market 

Average 

Installed 

Price

Market 

Average 

Maint. 

Cost

 (kWh) 2009$ 2009$ 2009$ Year (kWh) (kWh) 2009$ 2009$

1216 $1,703 $3.7 $60 7.9 2335 2305 $806 $2.5

1216 $1,703 $3.7 $60 7.9 2333 2303 $808 $2.5

1216 $1,703 $3.7 $60 7.9 2331 2300 $810 $2.5

1216 $1,703 $3.7 $60 7.9 2329 2298 $812 $2.5

1216 $1,703 $3.7 $60 7.9 2326 2296 $814 $2.5

1216 $1,703 $3.7 $60 7.9 2324 2293 $816 $2.5

1216 $1,703 $3.7 $60 7.9 2322 2291 $818 $2.5

1216 $1,703 $3.7 $60 7.9 2320 2289 $820 $2.5

1216 $1,703 $3.7 $60 7.9 2318 2286 $822 $2.5

1216 $1,703 $3.7 $60 7.9 2315 2283 $825 $2.5

1216 $1,703 $3.7 $60 7.9 2313 2280 $827 $2.5

1216 $1,703 $3.7 $60 7.9 2310 2277 $830 $2.5

1216 $1,703 $3.7 $60 7.9 2307 2274 $833 $2.5

1216 $1,703 $3.7 $60 7.9 2303 2270 $836 $2.5

1216 $1,703 $3.7 $60 7.9 2300 2266 $839 $2.5

1216 $1,703 $3.7 $60 7.9 2297 2262 $842 $2.5

1216 $1,703 $3.7 $60 7.9 2293 2258 $846 $2.5

1216 $1,703 $3.7 $60 7.9 2289 2254 $849 $2.6

1216 $1,703 $3.7 $60 7.9 2285 2250 $853 $2.6

1216 $1,703 $3.7 $60 7.9 2281 2245 $856 $2.6

1216 $1,703 $3.7 $60 7.9 2277 2241 $860 $2.6

1216 $1,703 $3.7 $60 7.9 2273 2237 $864 $2.6

1216 $1,703 $3.7 $60 7.9 2269 2232 $868 $2.6

1216 $1,703 $3.7 $60 7.9 2265 2228 $872 $2.6

1216 $1,703 $3.7 $60 7.9 2261 2223 $875 $2.6

1216 $1,703 $3.7 $60 7.9 2257 2218 $879 $2.6

1216 $1,703 $3.7 $60 7.9 2253 2214 $883 $2.6

1216 $1,703 $3.7 $60 7.9 2249 2209 $887 $2.6

1216 $1,703 $3.7 $60 7.9 2245 2205 $891 $2.6

1216 $1,703 $3.7 $60 7.9 2241 2200 $895 $2.6

1216 $1,703 $3.7 $60 7.9 2239 2198 $896 $2.6

Stock Average

Efficiency Level 7

Stock Average

Efficiency Level w
1216 $1,703 $3.7 $60 7.9 2237 2196 $898 $2.6

1216 $1,703 $3.7 $60 7.9 2235 2194 $900 $2.6

1216 $1,703 $3.7 $60 7.9 2234 2192 $901 $2.6

1216 $1,703 $3.7 $60 7.9 2232 2191 $902 $2.6

1216 $1,703 $3.7 $60 7.9 2231 2189 $904 $2.6

1216 $1,703 $3.7 $60 7.9 2229 2188 $905 $2.6

1216 $1,703 $3.7 $60 7.9 2228 2187 $906 $2.6

1216 $1,703 $3.7 $60 7.9 2227 2185 $907 $2.6

1216 $1,703 $3.7 $60 7.9 2226 2184 $908 $2.6

1216 $1,703 $3.7 $60 7.9 2226 2184 $909 $2.6

1216 $1,703 $3.7 $60 7.9 2225 2183 $909 $2.6

1216 $1,703 $3.7 $60 7.9 2224 2182 $910 $2.7

1216 $1,703 $3.7 $60 7.9 2224 2181 $910 $2.7

1216 $1,703 $3.7 $60 7.9 2223 2181 $911 $2.7

1216 $1,703 $3.7 $60 7.9 2223 2180 $911 $2.7

1216 $1,703 $3.7 $60 7.9 2222 2180 $912 $2.7

1216 $1,703 $3.7 $60 7.9 2222 2179 $912 $2.7

1216 $1,703 $3.7 $60 7.9 2221 2179 $913 $2.7

1216 $1,703 $3.7 $60 7.9 2221 2178 $913 $2.7

1216 $1,703 $3.7 $60 7.9 2221 2178 $913 $2.7

1216 $1,703 $3.7 $60 7.9 2220 2178 $914 $2.7

1216 $1,703 $3.7 $60 7.9 2220 2177 $914 $2.7

1216 $1,703 $3.7 $60 7.9 2219 2177 $914 $2.7

1216 $1,703 $3.7 $60 7.9 2219 2176 $915 $2.7

1216 $1,703 $3.7 $60 7.9 2218 2176 $915 $2.7

1216 $1,703 $3.7 $60 7.9 2218 2175 $916 $2.7

1216 $1,703 $3.7 $60 7.9 2217 2173 $917 $2.7

1216 $1,703 $3.7 $60 7.9 2215 2172 $918 $2.7

71755 100456 221 3522 464 133337 131081 51709 153
Stock Shipments

Base

Case

Market 

Average 

Repair 

Cost

Market 

Average 

Repair 

Year

2009$ Year

$25 5.8 5.17% 5.2%

$25 5.8 5.40% 5.6%

$25 5.8 5.63% 6.1%

$25 5.8 5.87% 6.6%

$25 5.8 6.10% 7.0%

$25 5.8 6.33% 7.5%

$26 5.8 6.57% 7.9%

$26 5.8 6.81% 8.4%

$26 5.8 7.07% 8.9%

$26 5.8 7.35% 9.3%

$26 5.8 7.65% 9.8%

$26 5.9 7.97% 10.2%

$26 5.9 8.31% 10.7%

$26 5.9 8.67% 11.2%

$26 5.9 9.05% 11.6%

$27 5.9 9.44% 12.1%

$27 5.9 9.85% 12.5%

$27 5.9 10.27% 13.0%

$27 5.9 10.70% 13.5%

$27 5.9 11.14% 13.9%

$27 5.9 11.59% 14.4%

$28 5.9 12.04% 14.9%

$28 6.0 12.49% 15.3%

$28 6.0 12.95% 15.8%

$28 6.0 13.40% 16.2%

$28 6.0 13.86% 16.7%

$28 6.0 14.32% 17.2%

$29 6.0 14.78% 17.6%

$29 6.0 15.24% 18.1%

$29 6.0 15.71% 18.5%

$29 6.0 15.91%

% HP 

800

1000

1200

1400

1600

1800

2000

2200

2400

2600

2015 2020 2025

UEC (kWh)

Base Case

TSL 2

TSL 4

TSL 7
$29 6.0 16.10%

$29 6.0 16.29%

$29 6.0 16.47%

$29 6.0 16.65%

$29 6.0 16.80%

$29 6.1 16.94%

$29 6.1 17.07%

$29 6.1 17.18%

$29 6.1 17.28%

$29 6.1 17.37%

$30 6.1 17.45%

$30 6.1 17.52%

$30 6.1 17.59%

$30 6.1 17.65%

$30 6.1 17.70%

$30 6.1 17.76%

$30 6.1 17.80%

$30 6.1 17.85%

$30 6.1 17.89%

$30 6.1 17.93%

$30 6.1 17.97%

$30 6.1 18.01%

$30 6.1 18.06%

$30 6.1 18.11%

$30 6.1 18.18%

$30 6.1 18.27%

$30 6.1 18.39%

$30 6.1 18.54%

1657 353
2030 2035 2040 2045

Base Case TSL 1

TSL 2 TSL 3

TSL 4 TSL 5, TSL 6

TSL 7 TSL 8
DRAFT

Market Average values refer to values that would result with a standard at the given EL

Gas Storage Water Heater

Efficiency 

Level

Description

 Rebound ON 

Market 

Average Gas 

Use

Rebound ON 

Market Average 

Elec UEC

Rebound OFF 

Market Average 

Gas Use

Rebound 

OFF Market 

Average 

Elec Use Installed Price 

Market Average 

Installed Price

Annual Maint. 

Cost Repair Cost Repair

Market 

Average 

Maint. Cost

Market 

Average 

Repair Cost

Market 

Average 

Repair Year

EF (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ 2009$ Year 2009$ 2009$ Year

0 0.59 Standing Pilot, 1” ins 16.0 8.7 16.0 8.6 $1,079 $1,176 $10 $22 7.8 $10 $25 8

1 0.62 Standing Pilot, 1.5” ins 15.6 8.7 15.4 8.6 $1,171 $1,235 $10 $22 7.8 $10 $25 8

2 0.63 Standing Pilot, 2” Ins 15.2 13.4 15.1 13.2 $1,244 $1,292 $10 $22 7.8 $10 $26 8

3 0.64 Electronic ignition, 1” ins, power vent 14.8 69.1 14.6 68.2 $1,559 $1,568 $10 $50 7.5 $10 $50 7

4 0.65 Electronic ignition, 1.5” ins, power vent 14.4 68.2 14.2 67.1 $1,591 $1,599 $10 $50 7.5 $10 $48 7

5 0.67 Electronic ignition, 2” ins, power vent 13.9 66.9 13.6 65.5 $1,656 $1,659 $10 $50 7.5 $10 $50 7

6 0.77 Condensing, 2” ins, power vent 12.4 63.0 11.9 60.6 $1,893 $1,893 $10 $50 7.5 $10 $50 7

7 0.62 EL1 & EL6 Weighted 15.5 10.0 15.3 9.9 $1,194 1,252.6 $11 $25 7.8 10.5 27.7 7.8

8 0.63 EL2 & EL6 Weighted 15.1 14.7 15.0 14.5 $1,265 1,310.0 10.5 25.2 7.8 10.5 28.2 7.8

Electric Storage Water Heater

Efficiency 

Level

Description

Rebound ON 

Market Average 

Elec UEC

Rebound 

OFF Market 

Average 

Elec Use Installed Price 

Market Average 

Installed Price

Annual Maint. 

Cost Repair Cost Repair

Market 

Average 

Maint. Cost

Market 

Average 

Repair Cost

Market 

Average 

Repair Year

EF (kWh) (kWh) 2009$ 2009$ 2009$ 2009$ Year 2009$ 2009$ Year

0 0.90 1.5" ins (BASELINE) 2,502.0 2,490.6 $569 $661 $2.3 $20 5.5 $2 $22 6

1 0.91 2" ins 2,491.7 2479.3 $602 $672 $2.3 $20 5.5 $2 $22 6

2 0.92 2.25"ins 2,474.7 2460.3 $623 $683 $2.3 $20 5.5 $2 $22 6

3 0.93 2.5" ins 2,463.6 2448.0 $634 $690 $2.3 $20 5.5 $2 $22 6

4 0.94 3" ins 2,427.7 2408.1 $674 $724 $2.3 $20 5.5 $2 $22 6

5 0.95 4" ins 2,399.0 2376.2 $711 $757 $2.3 $20 5.5 $2 $22 6

6 2.00 Heat Pump Water Heater 1,517.6 1396.9 $1,575 $1,576 $3.7 $60 7.9 $4 $60 8

7 2.35 Heat Pump Water Heater (Max Tech) 1,355.0 1216.2 $1,703 $1,703 $3.7 $60 7.9 $4 $60 8

8 1.07 EL5 & EL6 Weighted 2,334.8 2,304.9 $763 806.4 $2 $23 5.7 2.5 25.0 5.8

Oil Storage Water Heater

Efficiency 

Level

Description

 Rebound ON 

Market 

Average Oil 

Use

Rebound ON 

Market Average 

Elec UEC

Rebound OFF 

Market Average 

Oil Use

Rebound 

OFF Market 

Average 

Elec Use Installed Price 

Market Average 

Installed Price

Annual Maint. 

Cost Repair Cost

Market 

Average 

Maint. Cost

Market 

Average 

Repair Cost

EF (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ 2009$ 2009$ 2009$

0 0.53 Electronic Ignition, 1” Ins (fiberglass) (BASELINE) 18.6 52.4 18.3 51.5 $1,974 $2,070 $157 $0 $157 $0

1 0.54 Electronic Ignition, 1.5” Ins (fiberglass) 18.6 52.4 18.3 51.5 $1,988 $2,070 $157 $0 $157 $0

2 0.56 Electronic Ignition, 2” Ins (fiberglass) 18.4 51.8 18.1 50.9 $2,001 $2,073 $157 $0 $157 $0

3 0.58 Electronic Ignition, 2.5” Ins (fiberglass) 18.2 51.3 17.9 50.2 $2,026 $2,079 $157 $0 $157 $0

4 0.60 Electronic Ignition, 2” Ins (foam) 17.9 50.3 17.5 49.1 $2,013 $2,073 $157 $0 $157 $0

5 0.62 Electronic Ignition, 2.5” Ins (foam) 17.5 49.2 17.0 47.9 $2,040 $2,087 $157 $0 $157 $0

6 0.66 Electronic Ignition, 1” Ins (fiberglass), enhanced flue baffle 16.8 47.3 16.3 45.8 $2,180 $2,180 $157 $0 $157 $0

7 0.68 Electronic Ignition, 1” Ins (foam), enhanced flue baffle 16.4 46.2 15.8 44.5 $2,180 $2,180 $157 $0 $157 $0

Gas Instantaneous Water Heater

Efficiency 

Level

Description

 Rebound ON 

Market 

Average Gas 

Use

Rebound ON 

Market Average 

Elec UEC

Rebound OFF 

Market Average 

Gas Use

Rebound 

OFF Market 

Average 

Elec Use Installed Price 

Market Average 

Installed Price

Annual Maint. 

Cost Repair Cost Repair

Market 

Average 

Maint. Cost

Market 

Average 

Repair Cost

Market 

Average 

Repair Year

EF (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ 2009$ 2009$ Year 2009$ 2009$ Year

0 0.6 Standing pilot (BASELINE) 11.3 29.4 10.7 27.7 $1,779 $2,584 $61 $46 10 $61 $111 12

1 0.7 Standing Pilot, Improved HX 11.3 29.4 10.7 27.7 $1,808 $2,584 $61 $46 10 $61 $111 12

2 0.8 Electronic Ignition, Improved HX 11.2 30.4 10.5 28.7 $2,091 $2,595 $61 $54 12 $61 $111 13

3 0.80 Electronic Ignition, Induced Draft (Power Vent) 11.1 30.6 10.5 28.9 $2,305 $2,605 $61 $114 13 $61 $114 13

4 0.8 Electronic Ignition, Improved HX, Induced Draft (Power Vent) 11.1 30.6 10.5 28.9 $2,380 $2,612 $61 $114 13 $61 $114 13

5 0.8 Electronic Ignition, Improved HX, Induced Draft (Power Vent) 11.0 30.6 10.3 28.8 $2,952 $2,962 $61 $114 13 $61 $114 13

6 0.9 Electronic Ignition, Improved HX, Induced Draft (Power Vent) 10.9 30.6 10.3 28.8 $3,053 $3,026 $61 $114 13 $61 $114 13

7 0.9 Condensing 10.4 30.6 9.7 28.6 $2,896 $2,920 $61 $114 13 $61 $114 13

8 1 Condensing, Improved HX 10.2 30.6 9.4 28.4 $3,097 $3,097 $61 $114 13 $61 $114 13

LCC Inputs

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

10% Rebound Effect Annualized Repair Costs? 0

ON OFF Results from Large Volume Analysis

Annual 

Gas Use

 Electricity 

Use

Annual 

Gas Use

 Electricity 

Use

Annual 

Maint. 

Cost

Repair 

Cost Repair Efficiency 

Level Description Efficiency Annual Gas Use Electricity Use

Installation 

Costs

Annual 

Maint. Cost

Repair 

Cost Repair

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ Year lrg GSWH 6 Condensing, 2” ins, power vent 0.8 15.7 55.7 $2,066 $8 $46 9

64.0% 64.0% 16.5 0.0 16.5 0.0 $10 $22 7.8 24.4 0.0 $1,568.41 $16 $37 $8

13.7% 77.8% 15.8 0.0 15.7 0.0 $10 $22 7.8 sm GSWH 1 Standing Pilot, 2” Ins 0.62 15.5 0.0 $1,164 $11 $24 8

10.2% 88.0% 15.3 5.9 15.2 5.9 $10 $22 7.8 Weighted Avg. 15.6 1.7 $1,194 $11 $25 8

5.6% 93.6% 14.9 69.3 14.7 68.5 $10 $50 7.5 lrg GSWH 6 Condensing, 2” ins, power vent 0.8 15.7 55.7 $2,066 $8 $46 9

0.3% 93.8% 14.5 68.3 14.2 67.2 $10 $50 7.5 24.0 4.9 $1,580.95 $16 $36 $8

4.8% 98.7% 13.9 66.9 13.7 65.6 $10 $50 7.5 sm GSWH 2 Standing Pilot, 2” Ins 0.63 15.0 5.9 $1,238 $11 $24 8

1.4% 100.0% 12.4 63.0 11.9 60.6 $10 $50 7.5 Weighted Avg. 15.1 7.4 $1,265 $11 $25 8

0.0% 77.8% 15.7 1.7 15.6 1.7 $11 $25 $8 lrg ESWH 6 Heat Pump WH, 2" ins 2 1926.7 $1,703 $4 $57 8

0.0% 88.0% 15.2 7.5 15.1 7.4 $11 $25 $8 3419.9 $1,117 $3 $30 6

sm ESWH 5 4" ins 0.95 2344.9 $693 $2 $21 6

ON OFF Weighted Avg. 2356.2 $763 $2 $23 6

Annual 

Gas Use

 Electricity 

Use

Annual 

Gas Use

 Electricity 

Use

Annual 

Maint. 

Cost

Repair 

Cost Repair

EWH Fuel Switching Parameters 2.2

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ Year Fraction of 

Household

GWH Total 

Installed Cost

HPWH Installed 

Cost

32.2% 32.2% 2604 2604 $2.3 $20 5.5

GSWH 

Option GSWH New Construction Replacements Installed Price Market Weighted Installed Price Installed Price

24.0% 56.1% 2572 2569 $2.3 $20 5.5 CSL

4.6% 60.7% 2542 2535 $2.3 $20 5.5 1 0 0.4% 7.6% $1,334 $1,349 $1,586

22.7% 83.4% 2524 2515 $2.3 $20 5.5 2 1 0.0% 5.2% $1,358 $1,407 $1,563

7.0% 90.4% 2480 2467 $2.3 $20 5.5 3 2 0.1% 4.8% $1,361 $1,417 $1,563

4.4% 94.8% 2449 2431 $2.3 $20 5.5 4 3 0.0% 9.4% $1,323 $1,392 $1,572

4.2% 99.0% 1519 1399 $3.7 $60 7.9 5 4 0.0% 9.1% $1,332 $1,405 $1,571

1.0% 100.0% 1355 1216 $3.7 $60 7.9 6 5 0.0% 8.6% $1,342 $1,429 $1,569

0.0% 94.8% 2381 2356 $2.4 $23 5.7 7 6 0.0% 0.1% $2,717 $2,023 $2,066

ON OFF

Annual 

Gas Use

 Electricity 

Use

Annual 

Gas Use

 Electricity 

Use

Annual 

Maint. 

Cost

Repair 

Cost

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$

0.0% 0.0% 21.6 61 21.6 61 $157 $0 

23.7% 23.7% 21.1 59 21.1 59 $157 $0 

0.0% 23.7% 20.2 57 20.1 57 $157 $0 

22.5% 46.2% 19.4 55 19.2 54 $157 $0 

6.9% 53.1% 18.6 52 18.3 52 $157 $0 

13.5% 66.6% 17.9 50 17.5 49 $157 $0 

16.8% 83.4% 16.9 47 16.4 46 $157 $0 

16.6% 100.0% 16.4 46 15.8 45 $157 $0 

ON OFF

Annual 

Gas Use

 Electricity 

Use

Annual 

Gas Use

 Electricity 

Use

Annual 

Maint. 

Cost

Repair 

Cost Repair

 (MMBtu) (kWh) (MMBtu) (kWh) 2009$ 2009$ Year

0.9% 0.9% 16.7 0 16.7 0 $61 $46 10

2.9% 3.8% 15.0 0 14.8 0 $61 $46 10

1.0% 4.8% 12.0 27 11.5 26 $61 $54 12

4.5% 9.4% 11.8 31 11.2 29 $61 $114 13

51.8% 61.2% 11.5 31 10.9 29 $61 $114 13

2.2% 63.4% 11.3 31 10.7 29 $61 $114 13

4.1% 67.4% 11.2 31 10.6 29 $61 $114 13

20.5% 87.9% 10.5 31 9.8 29 $61 $114 13

12.1% 100.0% 10.2 31 9.4 28 $61 $114 13

Market Share in 

2015

Cumulative market 

share

Market Share in 

2015

Cumulative market 

share

Market Shares for all rated volumes

Cumulative market 

share

Market Share in 

2015

Market Share in 

2015

Cumulative market 

share

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
DRAFT

Frac Total Ship Frac Switching

large GSWH Frac 3.9% Frac Total Ship Frac Switching

Total Switching (TSL 1) 0.9% 22.8% large ESWH Frac 9%

Total Switching 2 tanks (TSL 1) 0.5% Total Switching 3% 36.7%

Total Switching (TSL 2) 0.8% 21.8% Total Switching to 2 tanks 1%

Large vs. 

Small 

Market 

Share

Total Switching 2 tanks (TSL 2) 0.4%

2.98%

0.88% Frac Total Ship Frac Switching Frac Total Ship Frac Switching

96.1% OneSmallWH Switch 2% 8% OneSmallWH Tempering Valve Switch (66 Gallon) 4% 50%

OneSmallWH Switch (pilot, high input) 2% 13% TwoSmallWH Switch from 66gal 4% 8%

3.02% TwoSmallWH Switch from 80gal 4% 21%

0.84% 65 two tank EL 1 2% 7% TwoSmallWH Switch from 119gal 1% 28%

96.1% 65 two tank EL 2 0.0201 0.054726368

75 two tank EL 1 2% 16%

5.6% 75 two tank EL 2 2% 16%

3.22%

91.2%

HPWH Heating/Cooling Load Energy Use by Fuel Type

w/o Rebound Effect w/ Rebound Effect large (HPWH) small (not HPWH) w/ Rebound Effect

MMBtu/yr Fraction MMBtu/yr Fraction MMBtu/yr Fraction

Natural Gas 0.04 11% 0.5218923 Natural Gas 0.04 11% Natural Gas 0.03 0.00 0.00 8.601% Natural Gas 0.00 8.601%

LPG 0.02 6% 0.2638427 LPG 0.02 6% LPG 0.03 0.00 0.00 9% LPG 0.00 9%

Oil 0.02 5% 0.2142651 Oil 0.02 5% Oil 0.03 0.00 0.00 7% Oil 0.00 7%

Fuel Total 0.07 22% Fuel Total 0.08 22% Fuel Total 0.09 0% 0.01 24% Fuel Total 0.01 24%

Electricity Total 0.26 78% Electricity Total 0.29 78% Electricity Total 0.29 87% 0.03 76% Electricity Total 0.03 76%

Electricity Heating 0.28 Electricity Heating 0.31 Electricity Heating 0.30 0.00 0.03 Electricity Heating0.03

Electricity Cooling -0.02 Electricity Cooling -0.02 Electricity Cooling -0.01 0.00 0.00 Electricity Cooling0.00

9.25% 90.75%

Total 0.34 Total 0.37 Total 0.0358 Total 0.0394

0900006480eb89bf.xlsx Julie Osborn 7/18/20112:07 PM
Source: See LCC Chapter 8

Life Expectancy

Low 6 6 6 6

Point 13 13 13 13

High 20 20 20 20

% of high value 95.00% 95.00% 0.95 95.00%

Alpha (SCALE) 7.89 7.89 7.89 7.89

Beta (SHAPE) 1.913 1.9134 1.91 1.913

Likeliest value 11.36 11.36 11.36 11.36

Fit Parameter for Solver -4.8131E-07 -4.8131E-07 -4.8131E-07 -4.8131E-07

Retirement Probability

30 0.0% 0.0% 0.0% 0.0%

29 0.0% 0.0% 0.0% 0.0%

28 0.1% 0.1% 0.1% 0.1%

27 0.1% 0.1% 0.1% 0.1%

26 0.2% 0.2% 0.2% 0.2%

25 0.3% 0.3% 0.3% 0.3%

24 0.5% 0.5% 0.5% 0.5%

23 0.8% 0.8% 0.8% 0.8%

22 1.2% 1.2% 1.2% 1.2%

21 1.7% 1.7% 1.7% 1.7%

20 2.4% 2.4% 2.4% 2.4%

19 3.3% 3.3% 3.3% 3.3%

18 4.4% 4.4% 4.4% 4.4%

17 5.6% 5.6% 5.6% 5.6%

16 6.9% 6.9% 6.9% 6.9%

15 8.2% 8.2% 8.2% 8.2%

14 9.3% 9.3% 9.3% 9.3%

13 10.2% 10.2% 10.2% 10.2%

12 10.5% 10.5% 10.5% 10.5%

11 10.3% 10.3% 10.3% 10.3%

Retirement Function

Gas Water 

Heater

Electric 

Water 

Heater 

Oil Water 

Heater

Instantaneous 

Gas Water 

Heater

Calculated
10 9.3% 9.3% 9.3% 9.3% 9 7.6% 7.6% 7.6% 7.6% 8 5.1% 5.1% 5.1% 5.1% 7 1.9% 1.9% 1.9% 1.9% 6 0.0% 0.0% 0.0% 0.0% 5 0.0% 0.0% 0.0% 0.0% 4 0.0% 0.0% 0.0% 0.0% 3 0.0% 0.0% 0.0% 0.0% 2 0.0% 0.0% 0.0% 0.0% 1 0.0% 0.0% 0.0% 0.0% 0 0.0% 0.0% 0.0% 0.0%

100.0% 100.0%
Retirement Probability Survival Probability

0 0.0% 0.0% 0.0% 0.0% 0 100.0% 100.0% 100.0%

1 0.0% 0.0% 0.0% 0.0% 1 100.0% 100.0% 100.0%

2 0.0% 0.0% 0.0% 0.0% 2 100.0% 100.0% 100.0%

3 0.0% 0.0% 0.0% 0.0% 3 100.0% 100.0% 100.0%

4 0.0% 0.0% 0.0% 0.0% 4 100.0% 100.0% 100.0%

5 0.0% 0.0% 0.0% 0.0% 5 100.0% 100.0% 100.0%

6 0.0% 0.0% 0.0% 0.0% 6 100.0% 100.0% 100.0%

7 1.9% 1.9% 1.9% 1.9% 7 98.1% 98.1% 98.1%

8 5.1% 5.1% 5.1% 5.1% 8 93.0% 93.0% 93.0%

9 7.6% 7.6% 7.6% 7.6% 9 85.5% 85.5% 85.5%

10 9.3% 9.3% 9.3% 9.3% 10 76.1% 76.1% 76.1%

11 10.3% 10.3% 10.3% 10.3% 11 65.9% 65.9% 65.9%

12 10.5% 10.5% 10.5% 10.5% 12 55.3% 55.3% 55.3%

13 10.2% 10.2% 10.2% 10.2% 13 45.1% 45.1% 45.1%

14 9.3% 9.3% 9.3% 9.3% 14 35.8% 35.8% 35.8%

15 8.2% 8.2% 8.2% 8.2% 15 27.6% 27.6% 27.6%

16 6.9% 6.9% 6.9% 6.9% 16 20.7% 20.7% 20.7%

17 5.6% 5.6% 5.6% 5.6% 17 15.1% 15.1% 15.1%

18 4.4% 4.4% 4.4% 4.4% 18 10.7% 10.7% 10.7%

19 3.3% 3.3% 3.3% 3.3% 19 7.4% 7.4% 7.4%

0%

2%

4%

6%

8%

10%

12%

0 5 10 15

% of Vintage Retiring

Age (years)
20 2.4% 2.4% 2.4% 2.4% 20 5.0% 5.0% 5.0%

21 1.7% 1.7% 1.7% 1.7% 21 3.3% 3.3% 3.3%

22 1.2% 1.2% 1.2% 1.2% 22 2.1% 2.1% 2.1%

23 0.8% 0.8% 0.8% 0.8% 23 1.3% 1.3% 1.3%

24 0.5% 0.5% 0.5% 0.5% 24 0.8% 0.8% 0.8%

25 0.3% 0.3% 0.3% 0.3% 25 0.5% 0.5% 0.5%

26 0.2% 0.2% 0.2% 0.2% 26 0.3% 0.3% 0.3%

27 0.1% 0.1% 0.1% 0.1% 27 0.1% 0.1% 0.1%

28 0.1% 0.1% 0.1% 0.1% 28 0.1% 0.1% 0.1%

29 0.0% 0.0% 0.0% 0.0% 29 0.0% 0.0% 0.0%

30 0.0% 0.0% 0.0% 0.0% 30 0.0% 0.0% 0.0%
Survival Probability

100.0% 30 0.0% 0.0% 0.0% 0.0%

100.0% 29 0.0% 0.0% 0.0% 0.0%

100.0% 28 0.0% 0.0% 0.0% 0.0%

100.0% 27 0.1% 0.1% 0.1% 0.1%

100.0% 26 0.1% 0.1% 0.1% 0.1%

100.0% 25 0.3% 0.3% 0.3% 0.3%

100.0% 24 0.5% 0.5% 0.5% 0.5%

98.1% 23 0.8% 0.8% 0.8% 0.8%

93.0% 22 1.3% 1.3% 1.3% 1.3%

85.5% 21 2.1% 2.1% 2.1% 2.1%

76.1% 20 3.3% 3.3% 3.3% 3.3%

65.9% 19 5.0% 5.0% 5.0% 5.0%

55.3% 18 7.4% 7.4% 7.4% 7.4%

45.1% 17 10.7% 10.7% 10.7% 10.7%

35.8% 16 15.1% 15.1% 15.1% 15.1%

27.6% 15 20.7% 20.7% 20.7% 20.7%

20.7% 14 27.6% 27.6% 27.6% 27.6%

15.1% 13 35.8% 35.8% 35.8% 35.8%

10.7% 12 45.1% 45.1% 45.1% 45.1%

7.4% 11 55.3% 55.3% 55.3% 55.3%

20 25 30

Age (years)
5.0% 10 65.9% 65.9% 65.9% 65.9%

3.3%9 76.1% 76.1% 76.1% 76.1%

2.1%8 85.5% 85.5% 85.5% 85.5%

1.3%7 93.0% 93.0% 93.0% 93.0%

0.8%6 98.1% 98.1% 98.1% 98.1%

0.5%5 100.0% 100.0% 100.0% 100.0%

0.3%4 100.0% 100.0% 100.0% 100.0%

0.1%3 100.0% 100.0% 100.0% 100.0%

0.1%2 100.0% 100.0% 100.0% 100.0%

0.0%1 100.0% 100.0% 100.0% 100.0%

0.0%0 100.0% 100.0% 100.0% 100.0%
Regional Weights (division) 1 2 3 4 5 6 7 8 9

Share LPG in Gas Market 6.5% CPI 2008 215.303 Gas 4% 13% 20% 9% 9% 4% 12% 9% 20%

Electricity Price Factor 98% CPI 2009 214.537 Electric 3% 6% 12% 5% 37% 11% 12% 5% 9%

Source: Annual Energy Outlook 2010 Gas RECS Factor 110% 0.996442223 Oil 44% 55% 0% 0% 2% 0% 0% 0% 0%

LPG Factor 101% Source: AEO 2010 MHR Forecast

Gas Marginal Site to Source Conversion Factor on Furnace Load Shape 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10

Electric Marginal Site to Source Conversion Factor based on refrigerator (base) load shape

REF LO HI REF LO HI REF LO HI REF LO HI REF LO HI Elec (Btu/kWh) Scaler Gas LPG/Gas Mix Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat.

2006 $31.57 $31.57 $31.57 $33.08 $33.08 $33.08 $45.00 $45.00 $45.00 $16.13 $16.13 $16.13 $19.21 $19.21 $19.21 2005 11500 3.37 1.075 1.070 2006 49.95 41.76 28.55 25.37 30.49 25.51 35.88 28.07 36.31 32.40 2006 18.21 16.23 12.84 13.04 17.82 16.06 13.97 12.47 12.46 14.23 2006 29.56 29.15 21.38 21.38 27.18 26.31 26.31 22.72 27.43 24.80 2006 18.80 19.53 18.46 17.83 19.41 19.68 17.40 19.10 19.51 19.17

2007 $31.03 $31.03 $31.03 $32.64 $32.64 $32.64 $45.05 $45.05 $45.05 $14.90 $14.90 $14.90 $20.29 $20.29 $20.29 2006 11500 3.37 1.075 1.070 2007 50.04 41.80 29.18 24.89 30.05 25.04 33.42 27.89 35.43 31.82 2007 16.68 14.90 11.55 11.91 16.13 13.85 12.28 10.87 11.92 12.94 2007 31.19 30.76 22.56 22.56 28.67 27.75 27.75 23.98 28.95 26.25 2007 20.08 20.47 19.60 19.36 20.33 21.67 19.16 20.52 22.57 20.30

2008 $32.51 $32.51 $32.52 $33.71 $33.71 $33.73 $46.85 $46.84 $46.89 $15.71 $15.71 $15.71 $24.58 $24.58 $24.58 2007 11500 3.37 1.075 1.070 2008 51.88 43.58 30.44 25.41 31.26 27.30 37.81 28.82 33.84 33.29 2008 16.79 15.76 12.32 11.80 16.64 14.56 13.34 10.94 12.40 13.48 2008 34.05 33.69 26.37 23.08 32.82 30.87 30.44 28.23 34.34 29.35 2008 24.40 24.75 24.13 24.48 23.56 24.40 24.10 24.48 24.50 24.47

2009 $31.91 $31.85 $32.00 $32.33 $32.26 $32.46 $43.94 $43.82 $44.09 $13.33 $13.33 $13.33 $18.07 $18.07 $18.07 2008 11500 3.37 1.075 1.070 2009 48.00 41.33 28.75 27.02 32.28 27.88 33.35 28.65 32.18 32.33 2009 14.69 12.72 10.28 10.36 13.55 11.68 10.64 10.15 11.25 11.39 2009 28.85 28.55 22.34 19.55 27.81 26.16 25.79 23.93 29.10 24.90 2009 17.94 18.19 17.74 17.99 17.32 17.94 17.70 17.99 18.01 17.98

2010 $30.29 $30.06 $30.45 $31.42 $31.17 $31.64 $42.40 $42.04 $42.63 $12.74 $12.74 $12.74 $17.83 $17.40 $17.54 2009 11500 3.37 1.075 1.070 2010 46.62 39.68 28.17 26.82 29.39 26.97 31.56 27.74 32.56 30.94 2010 14.47 12.10 9.77 9.85 12.96 11.08 10.08 9.87 10.79 10.89 2010 27.07 27.17 21.82 19.25 26.87 25.39 25.18 23.34 26.28 24.01 2010 17.62 18.04 15.95 15.50 16.75 15.66 16.93 15.97 16.71 17.57

2011 $29.39 $28.95 $29.69 $30.25 $29.78 $30.63 $39.38 $38.65 $39.76 $13.65 $13.65 $13.65 $17.97 $17.40 $17.64 2010 11500 3.37 1.075 1.070 2011 43.23 36.86 26.49 25.96 29.21 26.23 29.33 28.49 32.43 29.90 2011 15.09 13.10 10.60 10.75 13.89 11.89 10.97 10.84 11.61 11.78 2011 27.15 27.25 21.90 19.34 26.95 25.48 25.26 23.43 26.36 24.09 2011 17.76 18.18 16.12 15.67 16.89 15.81 17.06 16.25 16.98 17.72

2012 $30.46 $29.80 $30.94 $31.49 $30.79 $32.08 $42.59 $41.54 $43.30 $13.81 $13.81 $13.81 $19.07 $18.33 $18.74 2011 11500 3.37 1.075 1.070 2012 46.39 40.20 27.61 26.27 30.09 26.57 31.03 28.84 32.98 31.08 2012 15.18 13.27 10.66 10.83 14.03 12.00 11.09 10.84 11.65 11.87 2012 28.31 28.41 23.06 20.49 28.11 26.63 26.42 24.58 27.52 25.25 2012 18.86 19.27 17.20 16.75 17.97 16.90 18.14 17.32 19.10 18.84

2013 $30.87 $30.09 $31.48 $31.89 $31.07 $32.61 $43.42 $42.22 $44.22 $13.47 $13.47 $13.47 $20.09 $19.25 $19.89 2012 11500 3.37 1.079 1.074 2013 47.32 40.97 27.91 26.49 30.68 26.59 31.18 28.96 33.50 31.47 2013 14.88 12.92 10.30 10.51 13.63 11.67 10.74 10.34 11.07 11.48 2013 29.52 29.62 24.28 21.71 29.33 27.85 27.63 25.80 28.73 26.47 2013 19.88 20.29 18.28 17.82 18.97 17.98 19.14 18.35 20.08 19.86

2014 $30.89 $29.94 $31.74 $31.96 $30.94 $32.90 $43.24 $41.76 $44.24 $13.47 $13.47 $13.47 $20.81 $20.44 $21.08 2013 11250 3.30 1.084 1.078 2014 47.61 40.40 28.14 26.73 30.61 26.61 31.23 28.94 33.82 31.49 2014 14.73 12.74 10.26 10.43 13.64 11.71 10.75 10.32 11.00 11.41 2014 30.48 30.58 25.23 22.67 30.28 28.81 28.59 26.76 29.69 27.44 2014 20.59 21.02 18.93 18.47 19.66 18.65 19.84 19.04 20.83 20.58

2015 $30.82 $29.89 $31.81 $31.91 $30.93 $32.97 $43.11 $41.55 $44.14 $13.66 $13.66 $13.66 $21.32 $20.77 $21.64 2014 11000 3.22 1.085 1.079 2015 47.29 40.41 28.28 26.58 30.50 26.40 31.39 28.92 33.57 31.43 2015 14.82 12.83 10.41 10.54 13.82 11.92 10.93 10.47 11.16 11.56 2015 31.07 31.17 25.82 23.25 30.87 29.39 29.18 27.34 30.28 28.03 2015 21.10 21.54 19.45 18.98 20.16 19.19 20.33 19.54 20.89 21.08

2016 $31.03 $30.10 $32.17 $32.12 $31.16 $33.33 $43.40 $42.07 $44.74 $13.80 $13.80 $13.80 $22.27 $21.61 $22.56 2015 10500 3.08 1.084 1.079 2016 47.05 41.15 28.67 26.58 30.65 26.53 31.91 28.97 33.39 31.64 2016 14.87 12.87 10.49 10.62 13.91 12.03 11.01 10.63 11.31 11.65 2016 31.71 31.81 26.46 23.89 31.51 30.03 29.82 27.98 30.92 28.67 2016 22.03 22.50 20.39 19.92 21.08 20.14 21.25 20.45 20.96 22.00

2017 $31.19 $30.07 $32.46 $32.24 $31.10 $33.59 $43.69 $42.18 $45.25 $13.88 $13.88 $13.88 $22.91 $22.24 $23.22 2016 10000 2.93 1.084 1.078 2017 46.97 41.74 28.69 26.62 30.85 26.80 32.16 29.06 33.22 31.80 2017 14.89 12.87 10.51 10.65 13.93 12.05 11.00 10.73 11.42 11.69 2017 32.24 32.34 26.99 24.43 32.04 30.57 30.35 28.52 31.45 29.21 2017 22.66 23.15 21.03 20.56 21.70 20.78 21.87 21.06 22.06 22.66

2018 $31.17 $29.88 $32.67 $32.20 $30.88 $33.71 $43.79 $42.12 $45.48 $13.99 $13.99 $13.99 $23.58 $22.94 $23.86 2017 8500 2.49 1.084 1.078 2018 46.85 42.01 28.67 26.54 30.89 26.85 31.99 29.13 32.97 31.78 2018 14.96 12.90 10.58 10.72 13.98 12.11 11.03 10.84 11.52 11.76 2018 32.82 32.92 27.58 25.01 32.63 31.15 30.94 29.10 32.04 29.80 2018 23.32 23.82 21.67 21.20 22.36 21.43 22.52 21.75 22.58 23.32

2019 $31.05 $29.67 $32.68 $32.12 $30.73 $33.70 $43.70 $41.82 $45.23 $14.08 $14.08 $14.08 $24.00 $23.18 $24.32 2018 7500 2.20 1.084 1.079 2019 46.78 41.90 28.67 26.44 30.69 26.67 31.98 29.24 32.77 31.68 2019 15.02 12.95 10.65 10.79 14.05 12.21 11.08 10.95 11.61 11.83 2019 33.08 33.18 27.83 25.26 32.88 31.40 31.19 29.35 32.29 30.06 2019 23.75 24.25 22.10 21.62 22.78 21.86 22.95 22.19 22.85 23.74

2020 $31.20 $29.71 $32.77 $32.30 $30.87 $33.81 $43.95 $42.22 $45.38 $14.22 $14.22 $14.22 $24.36 $23.21 $24.69 2019 7337 2.15 1.084 1.079 2020 46.84 42.32 28.82 26.51 30.79 26.80 32.18 29.67 32.82 31.84 2020 15.10 13.03 10.76 10.90 14.18 12.35 11.19 11.11 11.76 11.95 2020 33.31 33.41 28.06 25.49 33.11 31.63 31.42 29.58 32.52 30.29 2020 24.11 24.61 22.44 21.97 23.14 22.21 23.30 22.50 22.91 24.10

2021 $31.34 $29.90 $32.89 $32.48 $31.12 $33.96 $44.17 $42.71 $45.71 $14.35 $14.35 $14.35 $24.50 $23.63 $25.09 2020 7337 2.15 1.085 1.079 2021 46.84 42.72 29.05 26.55 30.91 26.86 32.29 30.07 32.88 32.01 2021 15.24 13.15 10.88 11.01 14.33 12.52 11.32 11.18 11.82 12.07 2021 33.54 33.64 28.29 25.72 33.34 31.87 31.65 29.82 32.75 30.53 2021 24.25 24.75 22.58 22.11 23.28 22.35 23.44 22.67 23.20 24.24

2022 $31.39 $29.94 $32.91 $32.58 $31.24 $34.07 $44.31 $42.89 $45.85 $14.55 $14.55 $14.55 $24.71 $23.76 $25.40 2021 7337 2.15 1.084 1.079 2022 46.99 42.85 29.15 26.58 30.89 26.78 32.49 30.39 32.90 32.08 2022 15.46 13.36 11.08 11.21 14.56 12.76 11.53 11.33 11.92 12.26 2022 33.74 33.84 28.50 25.93 33.55 32.07 31.86 30.02 32.96 30.73 2022 24.45 24.95 22.78 22.30 23.48 22.55 23.63 22.88 23.20 24.44

2023 $31.49 $29.85 $33.18 $32.71 $31.20 $34.39 $44.59 $42.74 $46.55 $14.58 $14.58 $14.58 $25.02 $23.97 $25.90 2022 7337 2.15 1.085 1.080 2023 47.15 43.24 29.38 26.48 30.95 26.74 32.67 30.62 32.89 32.20 2023 15.52 13.45 11.15 11.22 14.70 12.92 11.65 11.08 11.79 12.29 2023 34.02 34.12 28.77 26.20 33.82 32.35 32.13 30.30 33.23 31.01 2023 24.76 25.26 23.09 22.61 23.79 22.86 23.94 23.14 23.56 24.76

2024 $31.58 $29.68 $33.41 $32.76 $31.00 $34.53 $44.59 $42.38 $46.55 $14.48 $14.48 $14.48 $25.20 $23.48 $26.01 2023 7337 2.15 1.089 1.083 2024 47.03 43.33 29.66 26.41 31.07 26.77 33.00 30.53 32.65 32.28 2024 15.49 13.45 11.09 11.11 14.76 12.99 11.68 10.78 11.44 12.20 2024 34.29 34.39 29.04 26.47 34.09 32.61 32.40 30.56 33.50 31.28 2024 24.95 25.45 23.27 22.80 23.97 23.04 24.13 23.36 23.76 24.94

2025 $31.56 $29.57 $33.34 $32.72 $30.91 $34.43 $44.34 $42.12 $45.85 $14.60 $14.60 $14.60 $25.49 $24.45 $26.50 2024 7405 2.17 1.094 1.087 2025 46.73 43.12 29.56 26.22 31.05 26.73 33.21 30.76 32.58 32.26 2025 15.63 13.53 11.15 11.17 14.85 13.08 11.73 10.99 11.57 12.29 2025 34.55 34.65 29.30 26.73 34.35 32.87 32.66 30.82 33.76 31.55 2025 25.24 25.74 23.55 23.08 24.26 23.33 24.41 23.65 23.93 25.23

2026 $31.68 $29.61 $33.40 $32.87 $31.00 $34.51 $44.49 $42.35 $45.79 $14.78 $14.78 $14.78 $25.76 $24.83 $27.00 2025 7009 2.05 1.095 1.089 2026 46.81 43.33 29.56 26.08 31.13 26.76 33.52 31.26 32.82 32.40 2026 15.81 13.67 11.32 11.35 14.99 13.22 11.83 11.24 11.78 12.46 2026 34.70 34.80 29.45 26.88 34.50 33.02 32.81 30.97 33.91 31.70 2026 25.51 26.01 23.82 23.34 24.53 23.60 24.68 23.88 24.07 25.50

2027 $31.83 $29.62 $33.48 $33.06 $31.03 $34.65 $44.79 $42.55 $46.03 $15.00 $15.00 $15.00 $25.98 $24.86 $27.13 2026 7009 2.05 1.095 1.089 2027 47.16 43.59 29.66 26.01 31.26 26.78 33.84 31.77 32.95 32.57 2027 16.01 13.83 11.50 11.57 15.15 13.37 11.94 11.49 12.04 12.66 2027 34.97 35.07 29.72 27.15 34.77 33.29 33.08 31.24 34.18 31.98 2027 25.72 26.22 24.02 23.55 24.74 23.81 24.89 24.12 24.59 25.72

2028 $31.97 $29.71 $33.56 $33.23 $31.17 $34.76 $45.11 $42.94 $46.18 $15.26 $15.26 $15.26 $26.29 $24.85 $27.21 2027 6906 2.02 1.095 1.089 2028 47.45 43.95 29.77 25.96 31.33 26.83 34.21 32.14 33.01 32.73 2028 16.27 14.06 11.76 11.82 15.41 13.64 12.17 11.75 12.25 12.90 2028 35.22 35.32 29.97 27.40 35.02 33.54 33.33 31.49 34.43 32.23 2028 26.04 26.53 24.34 23.86 25.06 24.12 25.20 24.44 24.89 26.04

2029 $32.36 $30.07 $33.88 $33.62 $31.55 $35.02 $45.75 $43.65 $46.60 $15.55 $15.55 $15.55 $26.70 $25.28 $27.96 2028 6872 2.01 1.094 1.088 2029 47.89 44.77 30.02 26.01 31.71 27.08 34.93 32.65 33.18 33.13 2029 16.57 14.33 12.01 12.06 15.71 13.95 12.43 11.98 12.49 13.16 2029 35.57 35.67 30.32 27.75 35.37 33.89 33.68 31.84 34.78 32.59 2029 26.44 26.94 24.73 24.26 25.46 24.52 25.60 24.83 25.24 26.44

2030 $32.67 $30.42 $34.11 $33.93 $31.88 $35.24 $46.10 $44.17 $46.70 $15.84 $15.84 $15.84 $26.85 $25.32 $28.32 2029 6404 1.88 1.094 1.087 2030 48.42 44.97 30.28 26.16 31.99 27.28 35.59 33.13 33.39 33.46 2030 16.87 14.61 12.30 12.34 16.01 14.31 12.74 12.21 12.71 13.44 2030 35.79 35.89 30.54 27.97 35.59 34.12 33.90 32.07 35.00 32.81 2030 26.60 27.09 24.88 24.41 25.61 24.68 25.76 24.98 25.68 26.61

2031 $33.01 $30.74 $34.46 $34.27 $32.20 $35.59 $46.60 $44.65 $47.21 $16.21 $16.21 $16.21 $27.29 $25.73 $28.78 2030 6396 1.87 1.093 1.087 2031 48.93 45.48 30.39 26.32 32.31 27.49 36.26 33.67 33.64 33.81 2031 17.22 14.95 12.63 12.67 16.38 14.70 13.08 12.52 13.01 13.78 2031 36.15 36.25 30.90 28.33 35.95 34.47 34.26 32.42 35.36 33.17 2031 27.04 27.53 25.31 24.84 26.05 25.11 26.19 25.41 26.18 27.05

2032 $33.29 $31.00 $34.76 $34.56 $32.48 $35.90 $46.98 $45.01 $47.60 $16.38 $16.38 $16.38 $27.68 $26.10 $29.19 2031 6396 1.87 1.093 1.087 2032 49.25 45.91 30.58 26.54 32.58 27.58 36.86 34.11 33.81 34.11 2032 17.40 15.10 12.77 12.83 16.55 14.83 13.17 12.69 13.18 13.93 2032 36.48 36.58 31.23 28.66 36.28 34.80 34.59 32.75 35.69 33.51 2032 27.43 27.92 25.70 25.22 26.44 25.50 26.58 25.80 26.65 27.45

2033 $33.43 $31.13 $34.90 $34.71 $32.62 $36.05 $47.18 $45.21 $47.80 $16.51 $16.51 $16.51 $28.06 $26.46 $29.59 2032 6396 1.87 1.093 1.087 2033 49.44 46.12 30.67 26.46 32.67 27.66 37.24 34.44 33.90 34.26 2033 17.52 15.19 12.85 12.93 16.63 14.90 13.18 12.84 13.31 14.03 2033 36.86 36.96 31.62 29.05 36.67 35.19 34.98 33.14 36.08 33.90 2033 27.83 28.29 26.06 25.58 26.83 25.86 26.96 26.10 26.55 27.82

2034 $33.66 $31.34 $35.14 $34.96 $32.86 $36.31 $47.44 $45.45 $48.06 $16.75 $16.75 $16.75 $28.48 $26.85 $30.03 2033 6396 1.87 1.093 1.087 2034 49.57 46.49 31.01 26.53 32.86 27.86 37.54 34.84 34.04 34.49 2034 17.75 15.39 13.07 13.14 16.81 15.12 13.36 13.06 13.56 14.25 2034 37.22 37.32 31.98 29.41 37.03 35.55 35.34 33.50 36.44 34.26 2034 28.24 28.71 26.48 26.00 27.24 26.29 27.37 26.51 26.94 28.24

2035 $33.86 $31.53 $35.36 $35.17 $33.06 $36.53 $47.68 $45.68 $48.30 $16.93 $16.93 $16.93 $28.89 $27.25 $30.47 2034 6396 1.87 1.093 1.087 2035 49.91 46.65 31.14 26.85 33.08 27.93 37.87 35.19 34.18 34.71 2035 17.90 15.51 13.24 13.32 16.90 15.34 13.53 13.21 13.73 14.40 2035 37.61 37.71 32.36 29.79 37.41 35.93 35.72 33.88 36.82 34.65 2035 28.65 29.13 26.88 26.40 27.64 26.70 27.77 26.98 27.64 28.66

2036 $34.10 $31.75 $35.61 $35.43 $33.30 $36.80 $48.03 $46.02 $48.65 $17.13 $17.13 $17.13 $29.22 $27.56 $30.82 2035 6396 1.87 1.092 1.086

2037 $34.34 $31.98 $35.86 $35.69 $33.54 $37.06 $48.38 $46.35 $49.01 $17.33 $17.33 $17.33 $29.56 $27.87 $31.17 2036 6396 1.87 1.092 1.086

2038 $34.59 $32.21 $36.11 $35.95 $33.78 $37.33 $48.73 $46.69 $49.37 $17.54 $17.54 $17.54 $29.90 $28.19 $31.53 2037 6396 1.87 1.092 1.086

2039 $34.83 $32.43 $36.37 $36.21 $34.03 $37.60 $49.09 $47.03 $49.73 $17.74 $17.74 $17.74 $30.24 $28.51 $31.89 2038 6396 1.87 1.092 1.086

2040 $35.08 $32.66 $36.62 $36.47 $34.27 $37.88 $49.44 $47.37 $50.09 $17.95 $17.95 $17.95 $30.58 $28.84 $32.25 2039 6396 1.87 1.092 1.086 Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat.

2041 $35.33 $32.89 $36.88 $36.73 $34.52 $38.15 $49.81 $47.72 $50.45 $18.16 $18.16 $18.16 $30.93 $29.17 $32.62 2040 6396 1.87 1.092 1.086 2006 49.95 41.76 28.55 25.37 30.49 25.51 35.88 28.07 36.31 32.40 2006 18.21 16.23 12.84 13.04 17.82 16.06 13.97 12.47 12.46 14.23 2006 29.56 29.15 21.38 21.38 27.18 26.31 26.31 22.72 27.43 24.80 2006 18.80 19.53 18.46 17.83 19.41 19.68 17.40 19.10 19.51 19.17

2042 $35.57 $33.13 $37.14 $37.00 $34.77 $38.43 $50.17 $48.07 $50.82 $18.38 $18.38 $18.38 $31.29 $29.50 $32.99 2041 6396 1.87 1.092 1.086 2007 50.04 41.80 29.18 24.89 30.05 25.04 33.42 27.89 35.43 31.82 2007 16.68 14.90 11.55 11.91 16.13 13.85 12.28 10.87 11.92 12.94 2007 31.19 30.76 22.56 22.56 28.67 27.75 27.75 23.98 28.95 26.25 2007 20.08 20.47 19.60 19.36 20.33 21.67 19.16 20.52 22.57 20.30

2043 $35.83 $33.36 $37.41 $37.27 $35.02 $38.71 $50.53 $48.42 $51.19 $18.59 $18.59 $18.59 $31.65 $29.84 $33.37 2042 6396 1.87 1.092 1.086 2008 51.90 43.66 30.47 25.42 31.26 27.31 37.81 28.82 33.84 33.31 2008 16.79 15.76 12.32 11.79 16.64 14.56 13.33 10.95 12.40 13.48 2008 34.05 33.69 26.37 23.08 32.82 30.87 30.44 28.23 34.34 29.35 2008 24.40 24.75 24.13 24.48 23.56 24.40 24.10 24.48 24.50 24.47

2044 $36.08 $33.60 $37.67 $37.54 $35.28 $38.99 $50.90 $48.77 $51.57 $18.81 $18.81 $18.81 $32.01 $30.18 $33.75 2043 6396 1.87 1.092 1.086 2009 48.23 41.42 28.82 27.65 32.34 27.87 33.37 28.75 32.29 32.44 2009 14.77 12.78 10.34 10.44 13.61 11.74 10.70 10.25 11.35 11.46 2009 28.85 28.55 22.34 19.55 27.81 26.16 25.79 23.93 29.10 24.90 2009 17.94 18.19 17.74 17.99 17.32 17.94 17.70 17.99 18.01 17.98

2045 $36.33 $33.83 $37.94 $37.81 $35.53 $39.27 $51.27 $49.12 $51.94 $19.03 $19.03 $19.03 $32.37 $30.53 $34.14 2044 6396 1.87 1.092 1.086 2010 46.84 39.93 28.29 27.69 29.48 27.01 31.63 27.94 32.80 31.13 2010 14.55 12.18 9.85 9.93 13.03 11.15 10.15 9.96 10.87 10.97 2010 26.74 26.84 21.50 18.94 26.55 25.07 24.86 23.02 25.96 23.69 2010 17.31 17.76 15.68 15.23 16.44 15.39 16.62 15.64 16.53 17.28

2046 $36.59 $34.07 $38.21 $38.09 $35.79 $39.56 $51.65 $49.48 $52.32 $19.25 $19.25 $19.25 $32.74 $30.88 $34.53 2045 6396 1.87 1.092 1.086 2011 43.58 37.26 26.82 26.74 29.42 26.43 29.70 28.80 32.81 30.24 2011 15.22 13.23 10.73 10.88 14.03 12.03 11.11 11.00 11.77 11.92 2011 26.75 26.85 21.52 18.96 26.56 25.08 24.87 23.04 25.97 23.70 2011 17.44 17.84 15.79 15.34 16.58 15.47 16.75 15.92 16.85 17.40

2047 $36.85 $34.31 $38.48 $38.36 $36.05 $39.84 $52.02 $49.84 $52.70 $19.48 $19.48 $19.48 $33.12 $31.23 $34.92 2046 6396 1.87 1.092 1.086 2012 46.94 41.05 28.19 27.10 30.44 26.90 31.51 29.45 33.56 31.61 2012 15.39 13.48 10.85 11.02 14.24 12.21 11.30 11.00 11.81 12.06 2012 27.85 27.95 22.62 20.06 27.65 26.18 25.96 24.13 27.06 24.80 2012 18.53 18.94 16.87 16.41 17.64 16.56 17.82 16.98 18.68 18.51

2048 $37.11 $34.56 $38.75 $38.64 $36.31 $40.13 $52.40 $50.21 $53.09 $19.71 $19.71 $19.71 $33.50 $31.59 $35.32 2047 6396 1.87 1.092 1.086 2013 48.05 41.82 28.70 27.33 31.19 27.08 31.69 29.68 34.27 32.11 2013 15.17 13.21 10.58 10.77 13.93 11.96 11.04 10.62 11.34 11.76 2013 29.14 29.24 23.91 21.35 28.95 27.47 27.26 25.43 28.36 26.10 2013 19.70 20.08 18.10 17.64 18.79 17.80 18.96 18.19 19.88 19.67

2049 $37.37 $34.80 $39.02 $38.92 $36.58 $40.42 $52.79 $50.57 $53.47 $19.94 $19.94 $19.94 $33.88 $31.95 $35.73 2048 6396 1.87 1.092 1.086 2014 48.70 41.34 29.21 27.69 31.34 27.33 32.08 29.90 34.80 32.36 2014 15.16 13.16 10.66 10.82 14.08 12.14 11.18 10.68 11.34 11.81 2014 30.55 30.65 25.30 22.73 30.35 28.88 28.66 26.82 29.76 27.51 2014 20.88 21.27 19.22 18.76 19.95 18.93 20.13 19.35 21.04 20.85

2050 $37.64 $35.05 $39.30 $39.20 $36.84 $40.72 $53.17 $50.94 $53.86 $20.17 $20.17 $20.17 $34.27 $32.31 $36.14 2049 6396 1.87 1.092 1.086 2015 48.54 41.28 29.50 27.56 31.42 27.32 32.24 30.25 34.70 32.44 2015 15.25 13.26 10.84 10.96 14.30 12.38 11.39 10.95 11.61 12.00 2015 31.17 31.27 25.92 23.35 30.97 29.50 29.28 27.44 30.38 28.14 2015 21.44 21.84 19.78 19.31 20.50 19.54 20.67 19.87 21.42 21.41

2051 $37.90 $35.29 $39.58 $39.49 $37.11 $41.01 $53.56 $51.31 $54.26 $20.41 $20.41 $20.41 $34.66 $32.68 $36.55 2050 6396 1.87 1.092 1.086 2016 48.42 42.47 29.94 27.58 31.72 27.57 33.04 30.27 34.66 32.82 2016 15.36 13.32 10.95 11.06 14.42 12.51 11.49 11.12 11.78 12.12 2016 31.82 31.92 26.57 24.00 31.62 30.14 29.93 28.09 31.03 28.79 2016 22.35 22.76 20.70 20.23 21.40 20.45 21.57 20.79 21.58 22.31

2052 $38.17 $35.54 $39.85 $39.78 $37.38 $41.31 $53.95 $51.69 $54.65 $20.65 $20.65 $20.65 $35.06 $33.06 $36.97 2051 6396 1.87 1.092 1.086 2017 48.52 43.32 30.16 27.75 32.04 28.01 33.40 30.45 34.53 33.11 2017 15.37 13.32 10.98 11.10 14.42 12.53 11.47 11.24 11.86 12.16 2017 32.37 32.47 27.12 24.55 32.17 30.69 30.48 28.64 31.58 29.35 2017 23.00 23.43 21.36 20.89 22.03 21.11 22.20 21.40 22.81 22.98

2053 $38.44 $35.79 $40.14 $40.07 $37.65 $41.61 $54.34 $52.06 $55.05 $20.89 $20.89 $20.89 $35.46 $33.43 $37.39 2052 6396 1.87 1.092 1.086 2018 48.29 43.92 30.49 27.76 32.42 28.31 33.27 30.47 34.30 33.28 2018 15.45 13.36 11.03 11.18 14.45 12.57 11.49 11.40 11.99 12.23 2018 32.83 32.93 27.58 25.01 32.63 31.15 30.94 29.10 32.04 29.81 2018 23.63 24.08 21.98 21.51 22.66 21.73 22.82 22.11 23.04 23.61

2054 $38.71 $36.05 $40.42 $40.36 $37.93 $41.91 $54.74 $52.44 $55.45 $21.13 $21.13 $21.13 $35.86 $33.82 $37.82 2053 6396 1.87 1.092 1.086 2019 47.96 43.73 30.57 27.74 32.46 28.29 33.30 30.78 34.17 33.29 2019 15.48 13.40 11.10 11.25 14.51 12.64 11.52 11.48 12.07 12.29 2019 33.11 33.21 27.87 25.30 32.92 31.44 31.23 29.39 32.33 30.10 2019 24.08 24.54 22.43 21.96 23.12 22.19 23.28 22.43 23.44 24.07

2055 $38.99 $36.30 $40.71 $40.65 $38.20 $42.22 $55.14 $52.83 $55.85 $21.38 $21.38 $21.38 $36.27 $34.20 $38.25 2054 6396 1.87 1.092 1.086 2020 47.81 44.13 30.49 27.92 32.50 28.42 33.51 31.21 34.12 33.40 2020 15.60 13.46 11.11 11.23 14.59 12.74 11.58 11.56 12.15 12.35 2020 33.48 33.58 28.23 25.66 33.29 31.81 31.59 29.76 32.69 30.48 2020 24.46 24.91 22.79 22.32 23.49 22.56 23.64 22.85 23.16 24.42

2056 $39.26 $36.56 $40.99 $40.94 $38.48 $42.52 $55.54 $53.21 $56.26 $21.63 $21.63 $21.63 $36.69 $34.59 $38.69 2055 6396 1.87 1.092 1.086 2021 48.08 44.51 30.48 27.98 32.56 28.53 33.71 31.59 34.22 33.55 2021 15.78 13.63 11.30 11.45 14.75 12.92 11.72 11.70 12.36 12.53 2021 33.95 34.05 28.70 26.12 33.75 32.27 32.06 30.22 33.16 30.95 2021 24.83 25.33 23.16 22.68 23.86 22.93 24.01 23.25 23.45 24.81

2057 $39.54 $36.82 $41.28 $41.24 $38.76 $42.83 $55.94 $53.60 $56.67 $21.89 $21.89 $21.89 $37.11 $34.99 $39.13 2056 6396 1.87 1.092 1.086 2022 48.41 44.50 30.41 27.97 32.46 28.40 33.94 32.05 34.51 33.60 2022 16.02 13.86 11.52 11.68 15.04 13.11 11.90 11.87 12.51 12.74 2022 34.21 34.31 28.96 26.38 34.01 32.53 32.32 30.48 33.42 31.21 2022 25.14 25.64 23.46 22.99 24.17 23.23 24.32 23.57 23.57 25.12

2058 $39.82 $37.08 $41.58 $41.54 $39.04 $43.14 $56.35 $53.99 $57.09 $22.14 $22.14 $22.14 $37.53 $35.39 $39.58 2057 6396 1.87 1.092 1.086 2023 49.02 45.29 30.71 28.02 32.66 28.41 34.48 32.41 34.59 33.90 2023 16.30 14.19 11.79 11.84 15.53 13.63 12.32 11.69 12.41 12.97 2023 34.77 34.87 29.52 26.94 34.58 33.09 32.88 31.04 33.98 31.78 2023 25.65 26.14 23.96 23.48 24.67 23.73 24.81 23.97 23.83 25.62

2059 $40.10 $37.34 $41.87 $41.84 $39.32 $43.46 $56.76 $54.38 $57.50 $22.40 $22.40 $22.40 $37.96 $35.79 $40.03 2058 6396 1.87 1.092 1.086 2024 48.94 45.35 31.21 28.03 32.92 28.59 35.23 32.24 34.26 34.12 2024 16.14 14.09 11.69 11.67 15.38 13.66 12.33 11.26 11.95 12.79 2024 35.17 35.27 29.91 27.33 34.97 33.49 33.27 31.43 34.37 32.18 2024 25.76 26.25 24.07 23.59 24.78 23.85 24.93 24.07 24.19 25.74

2060 $40.38 $37.60 $42.17 $42.15 $39.61 $43.77 $57.18 $54.78 $57.92 $22.67 $22.67 $22.67 $38.40 $36.20 $40.49 2059 6396 1.87 1.092 1.086 2025 48.17 44.69 31.09 27.86 32.87 28.53 35.47 32.59 34.27 34.05 2025 16.12 14.02 11.62 11.60 15.28 13.64 12.29 11.33 11.95 12.75 2025 35.56 35.66 30.31 27.73 35.37 33.89 33.67 31.83 34.77 32.58 2025 26.25 26.74 24.55 24.07 25.27 24.33 25.41 24.62 24.65 26.23

2061 $40.67 $37.87 $42.46 $42.45 $39.90 $44.09 $57.59 $55.18 $58.34 $22.93 $22.93 $22.93 $38.83 $36.62 $40.95 2060 6396 1.87 1.092 1.086 2026 48.21 44.54 31.15 27.79 32.90 28.52 35.69 32.93 34.41 34.12 2026 16.33 14.19 11.74 11.73 15.55 13.74 12.36 11.47 12.05 12.89 2026 35.85 35.95 30.59 28.01 35.65 34.17 33.96 32.12 35.06 32.87 2026 26.75 27.24 25.04 24.56 25.76 24.82 25.90 25.12 24.82 26.72

2062 $40.96 $38.14 $42.76 $42.76 $40.18 $44.41 $58.01 $55.58 $58.77 $23.20 $23.20 $23.20 $39.28 $37.04 $41.42 2061 6396 1.87 1.092 1.086 2027 48.61 44.66 31.26 27.79 32.93 28.49 35.81 33.41 34.52 34.22 2027 16.41 14.22 11.81 11.87 15.50 13.71 12.31 11.72 12.25 12.97 2027 35.99 36.09 30.73 28.15 35.79 34.31 34.10 32.26 35.20 33.02 2027 26.88 27.37 25.16 24.68 25.89 24.95 26.02 25.22 25.28 26.86

2063 $41.25 $38.41 $43.07 $43.07 $40.48 $44.73 $58.44 $55.99 $59.20 $23.47 $23.47 $23.47 $39.73 $37.46 $41.89 2062 6396 1.87 1.092 1.086 2028 48.59 44.96 31.33 27.78 32.96 28.53 35.90 33.80 34.58 34.31 2028 16.69 14.50 12.01 12.08 15.94 13.90 12.45 11.96 12.46 13.22 2028 36.00 36.10 30.74 28.16 35.80 34.32 34.10 32.27 35.21 33.03 2028 27.01 27.41 25.20 24.72 26.02 24.99 26.15 25.32 25.38 26.95

2064 $41.54 $38.68 $43.37 $43.38 $40.77 $45.06 $58.86 $56.39 $59.63 $23.75 $23.75 $23.75 $40.18 $37.89 $42.37 2063 6396 1.87 1.092 1.086 2029 48.74 45.59 31.42 27.71 33.36 28.81 36.43 34.16 34.68 34.63 2029 16.94 14.71 12.23 12.27 16.16 14.21 12.72 12.12 12.62 13.43 2029 36.54 36.64 31.28 28.71 36.35 34.86 34.65 32.81 35.75 33.58 2029 27.76 28.15 25.88 25.41 26.76 25.68 26.89 25.83 26.08 27.69

2065 $41.83 $38.95 $43.68 $43.70 $41.07 $45.38 $59.29 $56.81 $60.06 $24.03 $24.03 $24.03 $40.64 $38.32 $42.86 2064 6396 1.87 1.092 1.086 2030 49.17 45.42 31.29 27.68 33.60 28.91 37.17 34.89 35.02 34.88 2030 17.25 14.96 12.68 12.73 16.15 14.70 13.17 12.61 13.07 13.80 2030 37.15 37.25 31.89 29.31 36.95 35.47 35.26 33.41 36.36 34.19 2030 28.10 28.53 26.30 25.82 27.09 26.11 27.22 26.19 26.86 28.07

2066 $42.13 $39.23 $43.99 $44.02 $41.36 $45.71 $59.72 $57.22 $60.50 $24.31 $24.31 $24.31 $41.11 $38.76 $43.35 2065 6396 1.87 1.092 1.086

2067 $42.43 $39.50 $44.30 $44.34 $41.66 $46.05 $60.16 $57.64 $60.94 $24.59 $24.59 $24.59 $41.58 $39.20 $43.84 2066 6396 1.87 1.092 1.086

2068 $42.72 $39.78 $44.61 $44.66 $41.97 $46.38 $60.60 $58.06 $61.39 $24.88 $24.88 $24.88 $42.05 $39.65 $44.34 2067 6396 1.87 1.092 1.086

2069 $43.03 $40.06 $44.92 $44.98 $42.27 $46.72 $61.04 $58.48 $61.83 $25.17 $25.17 $25.17 $42.53 $40.11 $44.85 2068 6396 1.87 1.092 1.086

2070 $43.33 $40.35 $45.24 $45.31 $42.58 $47.06 $61.48 $58.91 $62.28 $25.47 $25.47 $25.47 $43.02 $40.56 $45.36 2069 6396 1.87 1.092 1.086 Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat. Year Div 1 Div 2 Div 3 Div 4 Div 5 Div 6 Div 7 Div 8 Div 9 Nat.

2071 $43.64 $40.63 $45.56 $45.64 $42.89 $47.40 $61.93 $59.34 $62.74 $25.77 $25.77 $25.77 $43.51 $41.03 $45.88 2070 6396 1.87 1.092 1.086 2006 49.95 41.76 28.55 25.37 30.49 25.51 35.88 28.07 36.31 32.40 2006 18.21 16.23 12.84 13.04 17.82 16.06 13.97 12.47 12.46 14.23 2006 29.56 29.15 21.38 21.38 27.18 26.31 26.31 22.72 27.43 24.80 2006 18.80 19.53 18.46 17.83 19.41 19.68 17.40 19.10 19.51 19.17

2072 $43.95 $40.92 $45.88 $45.97 $43.20 $47.74 $62.38 $59.77 $63.20 $26.07 $26.07 $26.07 $44.01 $41.50 $46.41 2071 6396 1.87 1.092 1.086 2007 50.04 41.80 29.18 24.89 30.05 25.04 33.42 27.89 35.43 31.82 2007 16.68 14.90 11.55 11.91 16.13 13.85 12.28 10.87 11.92 12.94 2007 31.19 30.76 22.56 22.56 28.67 27.75 27.75 23.98 28.95 26.25 2007 20.08 20.47 19.60 19.36 20.33 21.67 19.16 20.52 22.57 20.30

2008 51.86 43.59 30.43 25.42 31.27 27.31 37.80 28.82 33.83 33.29 2008 16.79 15.76 12.32 11.80 16.64 14.56 13.33 10.94 12.40 13.48 2008 34.05 33.69 26.37 23.08 32.82 30.87 30.44 28.23 34.34 29.35 2008 24.40 24.75 24.13 24.48 23.56 24.40 24.10 24.48 24.50 24.47

2009 47.86 41.22 28.65 27.02 32.24 27.85 33.26 28.58 32.11 32.27 2009 14.63 12.65 10.21 10.29 13.48 11.61 10.57 10.08 11.18 11.33 2009 28.85 28.55 22.34 19.55 27.81 26.16 25.79 23.93 29.10 24.90 2009 17.94 18.19 17.74 17.99 17.32 17.94 17.70 17.99 18.01 17.98

2010 46.29 39.29 27.90 26.67 29.19 26.78 31.26 27.53 32.36 30.70 2010 14.28 11.92 9.60 9.69 12.76 10.88 9.88 9.71 10.64 10.71 2010 26.57 26.67 21.33 18.77 26.37 24.89 24.68 22.85 25.78 23.51 2010 17.17 17.62 15.54 15.09 16.31 15.26 16.49 15.50 16.38 17.14

2011 42.64 36.00 26.03 25.72 28.81 25.90 28.74 28.09 32.06 29.44 2011 14.80 12.82 10.32 10.48 13.59 11.60 10.68 10.57 11.36 11.50 2011 26.49 26.59 21.26 18.70 26.29 24.82 24.61 22.78 25.71 23.44 2011 17.19 17.61 15.57 15.11 16.32 15.25 16.50 15.65 16.42 17.15

2012 45.58 38.93 26.89 25.92 29.48 26.04 30.18 28.31 32.44 30.40 2012 14.83 12.93 10.32 10.50 13.67 11.65 10.75 10.48 11.32 11.52 2012 27.50 27.60 22.28 19.73 27.31 25.84 25.62 23.80 26.72 24.46 2012 18.11 18.53 16.50 16.05 17.23 16.20 17.41 16.58 18.48 18.11

2013 46.45 39.46 26.94 25.97 29.92 25.92 30.49 28.34 32.92 30.68 2013 14.46 12.51 9.90 10.11 13.21 11.26 10.33 9.96 10.71 11.07 2013 28.62 28.72 23.40 20.84 28.42 26.95 26.74 24.91 27.84 25.58 2013 19.04 19.45 17.46 17.00 18.13 17.16 18.31 17.53 19.31 19.02

2014 46.72 38.40 26.79 26.15 29.71 25.77 30.47 28.16 33.20 30.52 2014 14.36 12.39 9.89 10.07 13.26 11.34 10.38 9.90 10.61 11.04 2014 30.04 30.14 24.81 22.24 29.84 28.37 28.15 26.32 29.26 26.99 2014 20.22 20.64 18.58 18.12 19.29 18.29 19.48 18.68 20.53 20.21

2015 46.24 38.42 27.33 25.97 29.59 25.64 30.38 28.15 32.87 30.47 2015 14.41 12.45 10.03 10.16 13.42 11.53 10.54 10.05 10.76 11.16 2015 30.57 30.67 25.34 22.78 30.38 28.90 28.69 26.86 29.79 27.53 2015 20.55 20.98 18.92 18.45 19.61 18.65 19.80 19.00 20.58 20.54

2016 45.90 39.65 27.74 25.95 29.71 25.72 31.07 27.96 32.54 30.72 2016 14.44 12.46 10.07 10.20 13.49 11.61 10.59 10.11 10.83 11.21 2016 31.11 31.21 25.87 23.31 30.91 29.44 29.22 27.39 30.32 28.07 2016 21.38 21.83 19.75 19.29 20.42 19.48 20.61 19.80 20.51 21.35

2017 45.62 40.08 27.59 25.84 29.67 25.79 31.25 27.93 32.09 30.70 2017 14.38 12.39 10.03 10.16 13.42 11.55 10.51 10.15 10.87 11.18 2017 31.61 31.71 26.37 23.81 31.41 29.94 29.72 27.89 30.82 28.57 2017 22.00 22.47 20.38 19.92 21.03 20.13 21.23 20.41 21.63 22.00

2018 45.27 40.25 27.36 25.67 29.57 25.67 30.70 27.81 31.71 30.49 2018 14.38 12.36 10.02 10.17 13.40 11.53 10.45 10.26 10.96 11.19 2018 32.20 32.30 26.96 24.40 32.00 30.52 30.31 28.48 31.41 29.16 2018 22.69 23.18 21.06 20.59 21.72 20.81 21.90 21.11 22.06 22.68

2019 45.07 39.86 27.34 25.48 29.22 25.49 30.63 27.87 31.58 30.30 2019 14.40 12.38 10.07 10.21 13.45 11.60 10.49 10.31 11.02 11.24 2019 32.25 32.35 27.02 24.46 32.06 30.58 30.37 28.54 31.47 29.22 2019 22.92 23.43 21.29 20.82 21.96 21.04 22.13 21.36 22.70 22.94

2020 45.12 40.58 27.53 25.48 29.10 25.54 30.77 28.16 31.40 30.39 2020 14.55 12.50 10.16 10.27 13.61 11.81 10.65 10.46 11.18 11.37 2020 32.32 32.42 27.09 24.53 32.12 30.65 30.44 28.60 31.54 29.29 2020 22.95 23.46 21.32 20.85 22.00 21.07 22.17 21.37 22.79 22.98

2021 45.51 41.15 27.68 25.52 29.24 25.57 31.05 28.66 31.56 30.62 2021 14.79 12.74 10.45 10.56 13.89 12.13 10.93 10.66 11.40 11.63 2021 32.81 32.91 27.58 25.01 32.61 31.14 30.93 29.09 32.03 29.78 2021 23.37 23.88 21.74 21.27 22.41 21.46 22.58 21.93 22.95 23.39

2022 45.80 41.26 27.68 25.53 29.18 25.37 31.32 29.22 31.70 30.70 2022 14.99 12.93 10.62 10.74 14.16 12.32 11.09 10.80 11.50 11.81 2022 32.93 33.03 27.70 25.13 32.73 31.26 31.04 29.21 32.15 29.90 2022 23.49 24.00 21.86 21.39 22.53 21.59 22.70 22.16 22.83 23.51

2023 45.71 41.06 27.77 25.37 28.99 25.10 31.63 29.10 31.62 30.63 2023 14.96 12.92 10.59 10.68 14.20 12.35 11.07 10.53 11.32 11.75 2023 33.30 33.40 28.06 25.50 33.10 31.62 31.41 29.58 32.51 30.27 2023 23.71 24.22 22.07 21.60 22.75 21.80 22.91 22.24 22.95 23.72

2024 45.26 40.76 27.87 25.18 28.83 24.87 31.57 28.95 31.12 30.45 2024 14.67 12.64 10.40 10.44 13.82 12.24 10.94 10.11 10.86 11.46 2024 33.10 33.20 27.87 25.31 32.91 31.43 31.22 29.39 32.32 30.08 2024 23.22 23.73 21.60 21.13 22.26 21.33 22.43 21.91 23.01 23.25

2025 44.95 40.52 27.87 25.02 28.73 24.73 31.32 29.18 31.09 30.34 2025 14.75 12.66 10.41 10.46 13.81 12.26 10.93 10.31 10.94 11.50 2025 33.32 33.42 28.09 25.53 33.12 31.65 31.43 29.60 32.54 30.30 2025 24.19 24.70 22.56 22.08 23.23 22.29 23.39 22.76 23.32 24.20

2026 44.98 40.93 28.09 24.94 28.81 24.72 30.75 29.58 31.17 30.37 2026 15.02 12.90 10.54 10.60 14.20 12.37 11.00 10.50 11.08 11.69 2026 33.50 33.60 28.27 25.71 33.31 31.83 31.62 29.79 32.72 30.49 2026 24.57 25.07 22.93 22.46 23.60 22.66 23.77 23.07 23.45 24.58

2027 45.34 41.01 27.97 24.74 28.78 24.57 31.20 29.67 31.17 30.40 2027 15.15 13.01 10.73 10.81 14.24 12.59 11.15 10.73 11.34 11.86 2027 33.47 33.57 28.24 25.68 33.27 31.80 31.59 29.76 32.69 30.46 2027 24.60 25.10 22.94 22.47 23.63 22.68 23.79 23.13 23.77 24.61

2028 45.88 41.30 27.81 24.58 28.78 24.49 31.71 30.15 31.30 30.53 2028 15.51 13.34 11.06 11.12 14.60 12.97 11.49 11.03 11.59 12.19 2028 33.50 33.60 28.28 25.72 33.31 31.83 31.62 29.79 32.73 30.50 2028 24.60 25.10 22.93 22.45 23.62 22.66 23.78 23.13 23.86 24.61

2029 46.30 42.26 27.94 24.50 29.08 24.64 32.60 30.72 31.44 30.92 2029 15.82 13.62 11.40 11.47 14.82 13.32 11.81 11.38 11.95 12.51 2029 34.11 34.21 28.88 26.33 33.92 32.44 32.23 30.40 33.33 31.11 2029 25.08 25.49 23.32 22.85 24.10 23.06 24.26 23.60 24.38 25.05

2030 47.05 42.59 28.13 24.49 29.41 24.81 33.58 31.15 31.63 31.29 2030 16.24 13.98 11.79 11.85 15.16 13.75 12.17 11.76 12.31 12.89 2030 34.33 34.43 29.10 26.55 34.14 32.66 32.45 30.62 33.55 31.33 2030 25.06 25.57 23.40 22.92 24.09 23.13 24.25 23.65 25.05 25.10

(in 2008$ / MMBtu) (in 2008$ / MMBtu)

Updated Regional Residential Electricity Price Forecasts - Low Growth Scenario Updated Regional Residential Natural Gas Price Forecasts - Low Growth Scenario

(in 2008$ / MMBtu) (in 2008$ / MMBtu)

Updated Regional Residential Natural Gas Price Forecasts - High Growth Scenario

Updated Regional Residential LPG Price Forecasts - Low Growth Scenario Updated Regional Residential Fuel Oil Price Forecasts - Low Growth Scenario

Projected Energy Prices and Site to Source 

Conversion Factor

Electricity Price (2009$ / MMBTU) Electricity Price (2009$ / MMBTU) Electricity Price (2009$ / MMBTU) Marginal Site to Source Conversion Factor

Average Energy Prices for OilWHs Average Energy Prices

NG/LPG Price (2009$/MBTU) Fuel Oil Price (2009$ / MMBTU)

Weighted NG + LPG

(in 2008$ / MMBtu)

(in 2008$ / MMBtu)

Average Energy Prices for ElecWHs Average Energy Prices for GasWHs Oil Regional Price Forecasts

(in 2008$ / MMBtu)

Updated Regional Residential Fuel Oil Price Forecasts - High Growth Scenario

(in 2008$ / MMBtu)

(in 2008$ / MMBtu)

LPG Regional Price Forecasts

(in 2008$ / MMBtu) (in 2008$ / MMBtu) (in 2008$ / MMBtu)

Updated Regional Residential Electricity Price Forecasts - High Growth Scenario Updated Regional Residential LPG Price Forecasts - High Growth Scenario

Electricity Regional Price Forecasts Natural Gas Regional Price Forecasts

0

2000

4000

6000

8000

10000

12000

14000

2005 2010 2015 2020 2025 2030 2035

Btu/kWh
Discount Factor

2015 0.712986179

2016 0.666342224

2017 0.622749742

2018 0.582009105

2019 0.543933743

2020 0.508349292

2021 0.475092796

2022 0.444011959

2023 0.414964448

2024 0.387817241

2025 0.36244602

2026 0.338734598

2027 0.31657439

2028 0.295863916

2029 0.276508333

2030 0.258419003

2031 0.241513087

2032 0.225713165

2033 0.210946883

2034 0.19714662

2035 0.184249178

2036 0.172195493

2037 0.160930367

2038 0.150402212

2039 0.140562815

2040 0.131367117

2041 0.122773007

2042 0.114741128

2043 0.107234699

2044 0.100219345

2045 0.093662939

2046 0.087535457

2047 0.081808838

2048 0.076456858

2049 0.071455008

2050 0.066780381

2051 0.062411571

2052 0.058328571

2053 0.054512683

2054 0.050946433

2055 0.047613489

2056 0.044498588

2057 0.041587465

2058 0.03886679

2059 0.036324103

2060 0.033947759

2061 0.031726878

2062 0.029651288

2063 0.027711484

2064 0.025898583

Discount Factor
2065 0.024204283

2066 0.022620826

2067 0.021140958

2068 0.019757905

2069 0.018465332

2070 0.017257319

2071 0.016128336

2072 0.015073211

2073 0.014087113
0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Millions

Gas WH Shipments Components

Modeled Instantaneous WH

Modeled SWH NH

Modeled SWH Replacements

GAMA SWH

GAMA GWH 
0.0

1.0

2.0

3.0

4.0

5.0

6.0

1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Millions

Modeled New Construction

Modeled Replacements

Historical Data
0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Millions

Modeled New Construction

Modeled Replacements

Historical Data
4.50

5.00

5.50

6.00

6.50

7.00

2015 2020 2025 2030 2035 2040 2045

Millions

No Switching

Condensing GSWH

Natural Vent GSWH
0.00

0.01

0.01

0.02

0.02

0.03

0.03

0.04

0.04

0.05

0.05

1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Millions

Modeled New Construction

Modeled Replacements

Historical Data
0.0

0.5

1.0

1.5

2.0

2.5

2004 2009 2014 2019 2024 2029 2034 2039 2044

Millions

Modeled New Construction

Modeled Replacements+ 

Conversion from GSWH

Historical Data
-$0.60

-$0.40

-$0.20

$0.00

$0.20

$0.40

$0.60

$0.80

2015 2025 2035

Billions of 2009 Dollars

Equipment Cost Savings Energy Cost Savings

Maintenance and Repair Cost Savings Net Savings
2045
0

1

2

3

4

5

6

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010

Million

GSWH

ESWH

OSWH

GIWH