____________________________________________

Year 2003 Annual Report and 

Annual Energy Savings Claim

October 8, 2004 

255 South Champlain Street, Suite 7 

Burlington, Vermont 05401-4894 

1-888-921-5990

www.efficiencyvermont.com

This report is submitted October 8, 2004, to the Vermont Department of Public Service 

and the Efficiency Vermont Contract Administrator. It is provided both in fulfillment of 

the contractual requirement for the submission of Efficiency Vermont’s annual savings 

claim and as the Annual Report for the Year 2003. 

Year 2003 Annual Report and 

Annual Energy Savings Claim 

Table of Contents 

1. Narratives............................................................................................................................................................................................. 

1.1.1. Business Energy Services Narrative...............................................................................................................

1.1.2. Residential Energy Services Narrative..........................................................................................................

2. Overall Services and Initiatives Results.....................................................................................................

2.1.1. Services and Initiatives Summary.....................................................................................................................

2.1.2. Services and Initiatives including Customer Credit............................................................................

2.1.3. Services and Initiatives excluding Customer Credit...........................................................................

2.1.4. Efficiency Vermont Services & Initiatives – End Use Breakdown.........................................

2.1.5. Efficiency Vermont Services & Initiatives – Utility Breakdown ............................................

2.1.6. Efficiency Vermont Services & Initiatives – County Breakdown...........................................

2.1.7. Efficiency Vermont Services & Initiatives – Total Resource Benefits.................................

2.1.8. Business Energy Services – Summary..........................................................................................................

2.1.9. Business Energy Services – End Use Breakdown................................................................................

2.1.10. Business Energy Services – Utility Breakdown....................................................................................

2.1.11. Business Energy Services – County Breakdown...................................................................................

2.1.12. Residential Energy Services – Summary.....................................................................................................

2.1.13. Residential Energy Services – End Use Breakdown..........................................................................

2.1.14. Residential Energy Services – Utility Breakdown...............................................................................

2.1.15. Residential Energy Services – County Breakdown ...........................................................................

2.1.16. Cumulative Distributions by Customer Sector.......................................................................................

2.1.17. Cumulative Distributions by County..............................................................................................................

2.1.18. Cumulative Distributions by Utility Service Territory.....................................................................

2.1.19. 2003-2005 Minimum Performance Requirements...............................................................................

3. Detailed Services & Initiatives Results.........................................................................................................

3.1.1. Business New Construction - Summary.......................................................................................................

3.1.2. Business New Construction - End Use Breakdown............................................................................

3.1.3. Business New Construction – Utility Breakdown...............................................................................

3.1.4. Business New Construction - County Breakdown..............................................................................

3.1.5. Business New Construction – Total Resource Benefits.................................................................

3.1.6. Business Existing Facilities - Summary.....................................................................................................

3.1.7. Business Existing Facilities – End Use Breakdown..........................................................................

3.1.8. Business Existing Facilities – Utility Breakdown................................................................................

3.1.9. Business Existing Facilities – County Breakdown..............................................................................

3.1.10. Business Existing Facilities – Total Resource Benefits...................................................................

3.1.11. Business Initiatives – Summary.........................................................................................................................

3.1.12. Residential New Construction – Summary................................................................................................

3.1.13. Residential New Construction – End Use Breakdown.....................................................................

3.1.14. Residential New Construction – Utility Breakdown..........................................................................

3.1.15. Residential New Construction – County Breakdown.......................................................................

3.1.16. Residential New Construction – Total Resource Benefits ..........................................................

3.1.17. Efficient Products – Summary............................................................................................................................

3.1.18. Efficient Products – End Use Breakdown..................................................................................................

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3.1.19. Efficient Products – Utility Breakdown........................................................................................................

3.1.20. Efficient Products – County Breakdown.....................................................................................................

3.1.21. Efficient Products – Total Resource Benefits..........................................................................................

3.1.22. Residential Existing Buildings – Summary...............................................................................................

3.1.23. Residential Existing Buildings – End Use Breakdown....................................................................

3.1.24. Residential Existing Buildings - Utility Breakdown...........................................................................

3.1.25. Residential Existing Buildings - County Breakdown........................................................................

3.1.26. Residential Existing Buildings - Total Resource Benefits..............................................................

3.1.27. Residential Initiatives – Summary...................................................................................................................

4. Appendices.............................................................................................................................................................................................

4.1. Customer Credit Program..................................................................................................................................................

4.1.1. Narrative...............................................................................................................................................................................

4.1.2. Customer Credit – Summary................................................................................................................................

4.1.3 Customer Credit – End Use Breakdown..................................................................................................... 

4.1.4. Customer Credit – Total Resource Benefits....................................................................................... 

4.2. Definitions and End Notes................................................................................................................................................

4.2.1. Annual Report Tables Overview........................................................................................................................

4.2.2. Definitions and Report Template.......................................................................................................................

4.2.3. Table End Notes.............................................................................................................................................................

4.2.4. Re-mapping of Programs to Market Services and Initiatives......................................................

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1.1.1. BUSINESS ENERGY SERVICES 

Vermont businesses increasingly worked with Efficiency Vermont to pursue 

improvements in profitability and performance through energy efficiency in 2003. In 

addition to assisting individual businesses, Efficiency Vermont continued its efforts to 

transform Vermont’s business market by enabling greater implementation of costeffective energy efficiency. In order to achieve this goal, Efficiency Vermont initiated, 

maintained, and enhanced strategic working relationships with numerous design 

professionals, trade allies, business and trade associations, economic development 

organizations, and financial institutions. By leveraging the knowledge, contacts, and 

resources of these strategic partners, while continuing direct service to individual 

businesses, Efficiency Vermont was able to have an impact on larger portions of the 

business market. 

In 2003, Efficiency Vermont completed projects with 638 Vermont businesses, helping 

them to make new investments in efficiency that will strengthen their bottom lines by 

reducing energy costs. Together, these businesses are expected to save more than 

$28,847,000 over the lifetime of the energy efficiency measures installed in 2003. This 

brings the total lifetime economic value Efficiency Vermont has helped local businesses 

realize since its inception in 2000, to $61,302,000. Lifetime economic value is defined as 

the present value of the electricity, fossil fuels and water that are saved over the lifetime 

of the efficiency measures. 

PARTNERSHIPS ACROSS THE BUSINESS MARKET 

Direct customer contact and relationships continue to be cornerstones of Efficiency 

Vermont’s work. To help meet the energy needs of the commercial and industrial 

businesses in the state, Efficiency Vermont recognizes the need to develop partnerships 

in business markets that increase resources Vermonters can work with for energy 

efficiency.

Efficiency Vermont has maintained relationships with the design community, while 

collaborating with architects and engineers to develop training and tools to improve 

energy-efficient design. Working with refrigeration vendors and their trade association -- 

Refrigeration Service Engineering Society -- Efficiency Vermont developed and 

implemented a new initiative to increase the market penetration of high efficiency 

refrigeration equipment while streamlining participation. In 2003, a group of heating, 

ventilation, and air conditioning (HVAC) installers participated in a series of meetings at 

Efficiency Vermont to identify ways to partner in the promotion and installation of highefficiency HVAC equipment. Working with partners such as these, increases the 

likelihood that energy efficiency will be incorporated into a building design or that the 

sale of a energy-efficient product or system will take place. Consequently, it also 

increases the adoption of energy-efficient approaches. 

In addition to working with partners who have direct impact on customer decisions 

regarding their buildings, Efficiency Vermont worked closely with economic 

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development agencies and business associations to pursue energy efficiency opportunities 

for their constituencies. 

In partnership with business associations, Efficiency Vermont also conducted several 

training sessions for customers to increase business owners’ understanding of the energy 

efficiency opportunities in their facilities. These business associations included: 

x Vermont Ski Areas Association (motor systems maintenance and improvements); 

x Green Mountain Water Environment Association (case studies of successful 

variable frequency drive projects at municipal wastewater treatment facilities) 

x American Society of Heating, Refrigerating and Air-Conditioning Engineers, with 

co-sponsorship by local HVAC design and contracting firms (advanced variable 

air volume system design). 

These partnerships increase the adaptation of energy efficiency in the market by using 

existing meetings and organizations to provide businesses with an unbiased look at 

available opportunities and benefits.

Efficiency Vermont also worked closely with the U.S. Department of Agriculture’s 

Vermont office of Rural Development to inform and assist Vermont farmers in pursuing 

federal grants for energy efficiency and renewable energy. Despite working within a tight 

timeframe through a complex federal grant process, two Vermont farms successfully 

applied for and received a 25% federal cost share on energy improvements in their 

facilities. 

In partnership with the Vermont Environmental Assistance Program, Vermont 

Manufacturing Extension Center, the Barre Granite Association, and the Vermont 

Department of Public Service, Efficiency Vermont applied for and received an Industries 

of the Future grant from the U.S. Department of Energy. This grant is to be used to 

provide technical and financial assistance to the Barre granite industry. The Vermont 

Department of Public Service will administer the grant funds. 

For its work, Efficiency Vermont was recognized with awards from two partner 

organizations:

x The Vermont Chapter of the Construction Specifications Institute granted a 

Cooperation Award in recognition and appreciation of Efficiency Vermont's 

significant involvement and support of the chapter, as well as its monthly 

programs. 

x The Green Mountain Water Environment Association awarded Efficiency 

Vermont its Corporate Sponsor Award for support of water and wastewater 

operators and facilities across Vermont. 

In addition to its Vermont alliances, Efficiency Vermont has maintained key regional and 

national partnerships that further Vermont’s progress in cost effectively promoting 

energy efficiency.

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x Vermont’s leadership in addressing energy issues in multifamily housing received 

national exposure. Efficiency Vermont staff presented at three sessions and 

participated in two panel discussions at the “Multifamily Buildings 2003” national 

multifamily housing conference held in New York. One of these panels addressed 

ENERGY STAR labeling for multifamily facilities built under the commercial 

code. As a result of the panel discussion, Vermont is now participating in a 

national initiative led by the Consortium for Energy Efficiency (CEE) to assist the 

U.S. Environmental Protection Agency in developing ENERGY STAR standards 

for multifamily commercial construction. 

x Because of its experience in successfully piloting new High Performance T-8 

lighting technology at Barnet Elementary School and Stowe High School, 

Efficiency Vermont was asked to give a presentation on the technology at a CEE 

meeting. As a result, CEE formed a committee, including Efficiency Vermont 

staff, to develop a national specification for the High Performance T-8 system. 

x Efficiency Vermont worked closely with the Northeast Energy Efficiency 

Partnerships (NEEP), CEE, the New Buildings Institute and administrators of 

other efficiency programs in the region to develop and begin implementation of 

the Energy Benchmark for High Performance Buildings (E-Benchmark); a 

national building design standard. At a regional meeting on the E-Benchmark and 

new construction, attended by leading program administrators in the northeast 

region, Efficiency Vermont was ready and able to immediately integrate this new 

tool into its services. By being at the forefront of the industry, Efficiency Vermont 

can influence regional and national practices and standards, thus improving the 

consistency and quality of building design and construction.

Efficiency Vermont continues to support and actively participate in several regional 

market transformation initiatives coordinated by NEEP. These initiatives include: 

x Motor Up - promoting the benefits of premium efficiency motors; 

x Cool Choice - encouraging and assisting the business market to install high 

efficiency air conditioning systems; 

x Design Lights Consortium - promoting the benefits of high quality, energyefficient lighting design. 

In 2003, Efficiency Vermont began representing Motor Up and Cool Choice initiatives 

with Vermont vendors and contractors, rather than using an out-of-state regional 

representative. Drawing upon internal staff’s knowledge of the Vermont business market, 

Efficiency Vermont has been successful in establishing positive relationships with local 

trade allies and in communicating messages consistent with Vermont’s energy efficiency 

efforts. 

EXISTING BUSINESS FACILITIES 

In 2003, Efficiency Vermont served 550 business operators working to upgrade their 

processes, replace equipment or renovate their buildings. By incorporating energy 

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efficiency into these improvements, these businesses are expected to see $19,238,000 in 

lifetime economic value. Vermont’s existing business facilities are diverse, ranging from 

multi-family residences to large industrial buildings, dairy farms to ski areas, schools to 

prisons. To meet the varied needs of this market, Efficiency Vermont provides a wide 

range of services. Some “prescriptive” services are designed to attract a wide variety of 

business types and sizes and to promote some standard measures with broad applicability. 

These services offer a simple, easy to use application process. To maximize the ability to 

help these businesses capture cost-effective opportunities, Efficiency Vermont focuses 

efforts on customized services tailored to individual business needs. These services 

include detailed technical analysis, partnering with third parties to procure technical and 

design assistance, as well as grants and financing to help meet the unique investment 

criteria of each business.

This customized approach has allowed Efficiency Vermont to better understand how 

energy efficiency can be integrated into business operations on an ongoing basis while 

increasing the comprehensiveness of each efficiency project. Efficiency Vermont’s 

success in capturing comprehensive savings in 2003 can be seen in the fact that 20% of 

its completed custom business projects included a variety of energy efficiency measures 

across multiple end uses. 

In addition to direct project work, Efficiency Vermont developed technological materials 

to assist businesses in their energy efficiency efforts. These “Tech Briefs” identify 

efficiency opportunities for improving the bottom line in some of Vermont’s key 

industries. They also provide specific technical and financial information on a variety of 

efficiency technologies and applications. These Tech Briefs address and are being 

distributed to: 

x The Food Processing Industry 

x The Lumber and Wood Processing Industry 

x The Primary Metals Processing Industry 

x The Quarry, Mineral Processing, and Gravel Crushing Industry 

In 2003, Efficiency Vermont implemented a low-interest dairy farm loan service, with 

financing provided through the Vermont Development Credit Union. Efficiency Vermont 

also developed and began piloting a broader business energy efficiency loan service 

through Chittenden Bank. Early participation in both of these financing services has been 

limited. However, having gained valuable insight and experience regarding delivering 

alternative financing options, Efficiency Vermont plans to continue to improve and 

expand these services in order to increase participation in 2004. 

Efficiency Vermont also provided standardized rebates to businesses engaged in 

qualifying prescriptive equipment upgrades. Typically, businesses receive these rebates 

by working with their suppliers and/or contractors. Contractor and/or suppliers assist in 

identifying equipment that qualifies for Efficiency Vermont incentives, installing the 

equipment and then assists businesses in obtaining rebates. To streamline this process and 

to reach more Vermonters, Efficiency Vermont developed and began distribution of two 

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new prescriptive incentive forms - one for refrigeration equipment and one for 

transformers. To help businesses understand their options and to assist refrigeration 

vendors in promoting energy-efficient upgrades Efficiency Vermont also created a 

handout that illustrates the opportunities to improve the efficiency of small commercial 

refrigeration systems. 55% of businesses using the prescriptive service in 2003 were 

small businesses with annual electric consumption of less than 40,000 kWh per year. 

The following table shows the range of actions taken by businesses working with 

Efficiency Vermont in 2003 to improve existing facilities.

Existing Businesses Facilities

Facility Type Efficiency Measures 

Installed 

Customer 

Investment

Annual

Customer 

Savings

Customer 

Return on 

Investment 

Lifetime 

Economic 

Value

General store Lighting, refrigeration 

and controls, hot water 

and space heat fuel 

substitution

$10,000

(innovative

financing)

$2,500 24% $17,500

Mixed

affordable 

housing and 

commercial

space

Efficient air 

conditioning and clothes 

washers, water saving 

measures, lighting and 

occupancy sensors, 

motors and variable 

frequency drives, 

ventilation,

comprehensive heating 

system and shell 

improvements 

(Achieved 5-star energy 

rating)

$17,000 $16,000 94% $194,000

Large metal 

processing

facility 

Compressed air system 

improvements, 

including new 

compressor, cycling 

dryer, and air 

distribution upgrades 

$28,000 $19,000 65% $142,000

Plastics

injection 

molding

facility 

High-efficiency

hydraulic molding 

machines and 

commercial process 

dryers

$61,000 $26,000 42% $200,000

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BUSINESS NEW CONSTRUCTION 

New construction and major renovation of buildings present key opportunities to embed 

energy efficiency in Vermont’s business infrastructure, benefitting generations to come. 

Efficiency Vermont has enjoyed a high degree of success in working with design 

professionals, builders and building owners to decrease the energy demands of new 

buildings being constructed in Vermont. Most of the design professionals in the state 

routinely work with Efficiency Vermont on their new building projects.

In 2003, the vast majority of Vermont businesses completing large new construction 

projects, and an increased number of those completing small new construction projects, 

worked with Efficiency Vermont. Efficiency Vermont also successfully helped to 

increase the comprehensiveness of small new construction projects. A key to this success 

has been the commitment of Vermont business operators to energy-efficient design and 

construction approaches. These businesses can turn to an increasingly knowledgeable 

network of design and construction professionals throughout the state who are creating 

some of the nation’s top high performance buildings. Efficiency Vermont is proud of its 

role in supporting these professionals through: 

x The annual Better Buildings By Design conference. This is the region’s top 

conference on high performance buildings, attended by over 700 designers, 

builders and trades people seeking the latest innovations in energy-efficient 

approaches. 

x The development of new tools for the design and construction process. These 

tools include the High Performance Design Guide to Energy-Efficient 

Commercial Buildings – Vermont and the Northeast Region, which Efficiency 

Vermont developed with the American Institute of Architects in 2003. This Guide 

is scheduled to launch in 2004.

x Training on high performance design and construction, including increasing 

understanding the Vermont Guidelines for Commercial Construction, and how to 

go beyond minimum standards to optimize efficiency and create high performing 

buildings. 

x Training for Vermont Department of Buildings and General Services (BGS) staff 

titled “Code and Beyond.,” This training is focused on helping BGS understand 

and go beyond the Vermont Guidelines, as it is now a required minimum standard 

for all state-funded new construction projects.

One area that Efficiency Vermont focused on and improved in 2003 was direct 

engagement with building owners as they undertook new construction projects. 

Efficiency Vermont pursued all appropriate projects in the Construction Industry’s 

“Works In Progress” listing of significant business new construction projects in Vermont. 

This effort proved very successful in increasing partnerships with Vermont businesses 

involved in new construction. Efficiency Vermont also had increased success in engaging 

parties early in the design phase of a project, when the cost-effectiveness of energyefficient approaches can be optimized. 

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To better meet the needs and capture opportunities in the business new construction 

market, Efficiency Vermont began offering businesses a more customized approach to 

comprehensive new construction. For Vermont’s largest buildings with complex, 

interactive systems that offer substantial energy-saving opportunities, Efficiency 

Vermont supported full building simulation modeling. This approach ensures that the 

interactive effects of systems are fully accounted for, such as the impact of the lower heat 

from energy-efficient lighting on cooling system sizing. However, with many buildings, 

comparable levels of comprehensiveness can be achieved with more expedited and less 

resource-intensive services. In these instances, modeling is tailored to specific measures 

rather than to the whole building. In 2003, this allowed Efficiency Vermont to capture a 

greater share of the new construction market, thereby minimizing lost opportunities — 

particularly among the small buildings typical of much of Vermont construction. For 

customers not ready to undertake a comprehensive design process, Efficiency Vermont 

supported them in optimizing the appropriate systems for their buildings with custom 

project assistance and incentives. 

To promote the benefits resulting from an integrated design approach, and to highlight 

Vermont designers’ and builders’ expertise in creating high performance buildings, 

Efficiency Vermont partnered with the Vermont chapter of the American Institute of 

Architects to sponsor a reception, tour, and presentation at one of the buildings 

constructed with a comprehensive approach in 2003.

At the end of the year, Efficiency Vermont had 22 business new construction projects 

enrolled in the comprehensive design approach, with four completed projects in 2003. 

Among the businesses that completed comprehensive construction projects in 2003, were 

two buildings that now use energy at a 40% lower rate than required by the Vermont 

Guidelines for Commercial Construction. 

The following chart illustrates the range of building types and measures that Efficiency 

Vermont supported in 2003, in collaborative efforts with the state’s businesses, to reduce 

the energy demands of new buildings in Vermont. 

Business New Construction 

Facility Type Efficiency

Measures Installed 

Customer 

Investment

Annual

Customer 

Savings

Customer 

Return on 

Investment 

Lifetime 

Economic 

Value

Technology

design & 

installation firm 

Comprehensive 

building efficiency 

measures, including 

lighting, HVAC, 

building shell 

improvements, and 

related controls 

$63,000 $17,000 24% $156,000

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Business New Construction 

Facility Type Efficiency

Measures Installed 

Customer 

Investment

Annual

Customer 

Savings

Customer 

Return on 

Investment 

Lifetime 

Economic 

Value

A large medical 

facility 

Water-cooled 

chiller, HVAC 

system, lighting, 

controls, motors 

$133,000 $63,000 48% $483,000

Non-profit

animal shelter 

Reduced lighting 

power density, 

occupancy sensors, 

HVAC upgrades 

$4,600 $2,400 52% $26,000

Private, K-8 

school

HVAC

economizers, 

demand controlled 

ventilation, reduced 

lighting power 

density and 

occupancy sensors 

$14,000 $9,000 64% $72,000

TARGETED MARKETS 

In addition to efforts in support of existing and new business facilities, Efficiency 

Vermont targeted specific market areas that have unique opportunities for reducing 

energy use and energy costs. As these targeted market initiatives include activities within 

existing and new businesses facilities, the project work that resulted from these efforts is 

integrated into the existing and new facility work described above. The following 

discussion highlights some of Efficiency Vermont’s targeted activities undertaken in 

2003.

Dairy Farms

In 2003, 99 projects were completed at Vermont dairy farms. An important development 

this year was a low-interest loan program, initiated by Efficiency Vermont, to address the 

ongoing financial difficulties faced by many Vermont dairy farmers. With no- or lowinterest financing covering their costs for energy efficiency measures, farmers have been 

able to move ahead with projects that lower operating costs. In 2003, fourteen dairy 

farmers took advantage of this offer to install equipment that will improve the efficiency 

of their operations. Efficiency Vermont also tested the effectiveness of new ventilation 

fan technology to identify appropriate applications, with an aim to assist dairy farmers 

with a more energy-efficient form of ventilation for barns. 

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Multifamily Housing 

Efficiency Vermont continued to work effectively with non-profit housing developers to 

optimize energy efficiency in the construction and renovation of multifamily, affordable 

housing. Efficiency Vermont leveraged its ongoing, positive working relationships with 

these developers to promote implementation of advanced technologies to improve 

building performance. Efficiency Vermont also partnered with the Vermont Conservation 

Housing Trust to co-sponsor a training workshop on how to prevent mold in building 

construction. The training was attended by architects, engineers, builders, and 

construction specifiers. In 2003, 353 multifamily housing units received 5-star ENERGY 

STAR ratings for energy efficiency. 

Schools

Efficiency Vermont worked closely with the Vermont Department of Education, the 

Vermont Superintendents Association, and the Vermont School Boards Insurance Trust 

to create and launch a statewide energy survey of all public, K-12 schools in the state. 

The survey collected data on facility conditions, such as age, square footage, types of 

lighting, and other building and energy information. Prior to this survey, there was no 

centralized database with this information for Vermont schools. As of the end of 2003, 

the first year in which schools were asked for this information, approximately one-third 

of all facilities had responded and provided the requested data. Efficiency Vermont will 

use the data to establish priorities for efforts in the school market. 

Ski Areas 

Ski areas present significant opportunities for energy savings in commercial, residential, 

and industrial applications. In 2003, Efficiency Vermont partnered with the Vermont Ski 

Areas Association (VSAA) to create a survey on mountain operations equipment 

inventory and systems. This information will help identify the most effective ways to 

help ski areas to optimize their energy use. Efficiency Vermont also worked with the 

VSAA to co-sponsor a “Motor Master” training that taught operations employees from 

six ski areas how to optimize energy efficiency through motor equipment maintenance 

and appropriate replacement. By the end of 2003, 14 of the state’s 17 ski areas had 

completed at least one project with Efficiency Vermont. The lifetime economic value 

associated with these ski area efforts is approximately $28,000,000. 

State Buildings 

Efficiency Vermont worked with the Vermont Department of Buildings and General 

Services, which oversees most of the maintenance, renovation, and new construction of 

state buildings. Efforts were focused upon improving the efficiency and performance of 

both new and existing facilities. Efficiency Vermont also provided other state agencies 

and organizations with technical and financial assistance, including the Agency of 

Transportation, State Colleges, State Parks, State Police, Department of Corrections, and 

State Army and Air National Guard. In 2003, several projects with various state buildings 

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were completed that totaled more than $533,000 in lifetime economic value. In addition, 

Efficiency Vermont provided technical assistance and training to State Buildings and 

General Services staff and their design partners, including activities to promote 

innovative financing options through performance contracting and other positive cash 

flow models. These achievements lower the cost of maintaining and operating Vermont’s 

state buildings, which is a benefit to all Vermonters. 

Water and Wastewater Facilities 

During 2003, Efficiency Vermont, the Northeast Rural Water Association and Vermont 

Technical College co-hosted two training events for water and wastewater operators. The 

“Basics of Motors, Drives, and Energy Efficiency” was approved by State Water Supply 

and Wastewater Management divisions for training credit hours toward operator 

certification requirements. For many class participants, these courses provided the first 

introduction to formal concepts in energy efficiency and reducing electrical operating 

costs. Efficiency Vermont pursued additional outreach activities, including presenting 

information and metered data, at the Green Mountain Water Environment Association’s 

annual conference, on three successful municipal projects. 

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1.1.2. RESIDENTIAL ENERGY SERVICES 

Throughout 2003, Efficiency Vermont served Vermont households by providing services 

in the following markets: 

x Retail Products 

x Residential New Construction 

x Existing Homes 

Efficiency Vermont’s 2003 residential energy services resulted in the following benefits 

to Vermont households: 14,997 MWh of electricity savings, $13,140,000 of lifetime 

economic value and 1,779 MW of reduced summer peak demand per year. Lifetime 

economic value is defined as the present value of the electricity, fossil fuels and water 

that are saved over the lifetime of the efficiency measures. To achieve these savings, 

Efficiency Vermont delivered efficiency services to 28,058 Vermont households. 

Efficiency Vermont continued to receive national recognition for its service to Vermont 

households, including:

x U.S. Environmental Protection Agency (EPA) ENERGY STAR awards for 

Leadership in Energy Efficiency for residential new construction, lighting and 

appliances as part of a regional effort facilitated by the Northeast Energy 

Efficiency Partnerships (NEEP) and an ENERGY STAR award for Efficiency 

Vermont’s “Change A Light, Change the World” campaign, part of the EPA’s 

nationwide campaign. 

x American Council for an Energy Efficient Economy awards for exemplary 

programs in residential new construction, lighting and appliances as part of 

NEEP; and, 

x Increasing the penetration of ENERGY STAR qualified products and ENERGY 

STAR qualified new homes in Vermont markets. According to sales data from 

national retail chains, Vermont is among the top ten states in the nation for market 

share of ENERGY STAR qualified room air conditioners, clothes washers and 

refrigerators. Based on EPA data, Vermont has the second highest state market 

share of ENERGY STAR qualified homes. 

The following sections highlight Efficiency Vermont’s accomplishments in the 

residential markets. 

RETAIL EFFICIENT PRODUCTS 

As in previous years, Efficiency Vermont promoted ENERGY STAR qualified products 

and strengthened relationships with retail and wholesale vendors of energy-efficient 

products. In 2003, Efficiency Vermont encouraged and facilitated Vermonters’ purchases 

of ENERGY STAR qualified compact fluorescent light bulbs, lighting fixtures, ceiling 

fans, clothes washers, room air conditioners and refrigerators. In addition, as part of its 

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effort to increase the availability of ENERGY STAR qualified fixtures, Efficiency 

Vermont co-sponsored a design competition for high quality efficient lighting fixtures 

and introduced a retail price buy-down approach for lighting incentives. Efficiency 

Vermont also partnered with local organizations in several towns to help educate 

residents and businesses about energy efficiency and the benefits of purchasing 

ENERGY STAR qualified products.. Throughout the year, Efficiency Vermont 

encouraged Vermonters, through its website, co-op advertising with retail partners and 

newspaper and radio advertisements, to purchase energy-efficient ENERGY STAR 

qualified products.

Efficiency Vermont continued its outreach to, and enrollment of, retailers and 

wholesalers of energy-efficient products. At year-end, more than 200 Vermont retail 

businesses were enrolled as ENERGY STAR qualified lighting and appliance partners. 

Efficiency Vermont supported these partners with training for sales staff, point-of-sale 

promotional materials, cooperative advertising and financial incentives (primarily to 

consumers). 

To help offset the cost of energy-efficient products, Efficiency Vermont provided instant 

coupons for the purchase of ENERGY STAR qualified compact fluorescent light bulbs 

and fixtures, and provided mail-in rebate forms for the purchase of ENERGY STAR 

qualified clothes washers. From mid-April to mid-July, Efficiency Vermont also 

partnered with manufacturers of ENERGY STAR qualified clothes washers in the 

nationwide, “Double Your Savings” promotion, during which manufacturers matched 

Efficiency Vermont’s $50 incentive for the purchase of an ENERGY STAR qualified 

clothes washer. Efficiency Vermont also worked cooperatively with retail partners to 

facilitate seasonal purchases of ENERGY STAR qualified room air conditioners (May 1-

July 31) and refrigerators (July1 – Sept 30). A sales incentive also was made available to 

salespeople for ENERGY STAR qualified refrigerators sold from October to December. 

While a financial incentive was originally planned for newly introduced ENERGY STAR 

qualified freezers, Efficiency Vermont representatives learned from appliance dealers that 

none of the new higher efficiency freezers were yet being stocked in Vermont stores. 

Efficiency Vermont continues to work with appliance dealers to encourage them to bring 

these freezers into the Vermont retail market. 

Efficiency Vermont undertook special efforts to address the limited selection of energyefficient lighting fixtures available to Vermont consumers. Efficiency Vermont was a cosponsor with the Council for Energy Efficiency and the American Lighting Association, 

in supporting an international competition for the design and manufacture of energyefficient lighting fixtures. This competition resulted in the selection of eleven winning 

designs in 2003; the first year of this two-year design competition. In 2004, 

manufacturers will produce the fixtures and develop marketing plans to distribute and sell 

them. 

Also during 2003, Efficiency Vermont provided seven Vermont lighting showrooms with 

an initiative which enabled them to increase the number and variety of energy-efficient 

fixtures they stock and display. Although the initial sales of fixtures have been limited, 

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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12
Efficiency Vermont is continuing to work with these showrooms and is seeking 

additional ways to stimulate the sale of energy-efficient fixtures. 

In October, Efficiency Vermont originated and supported the “Change A Light” 

Challenge for the Village of Poultney, an event that highlighted all of Efficiency 

Vermont’s objectives for the retail market: Partnerships with local retailers; the 

promotion of ENERGY STAR qualified products; incentives to enable consumers to 

overcome first cost barriers to their purchase of energy-efficient products; and general 

public education about the benefits of energy efficiency. Working with Williams True 

Value Hardware, a retail partner in Poultney, and with the students of Green Mountain 

College and the administration of the Town of Poultney, Efficiency Vermont challenged 

the residents of Poultney to replace at least one incandescent light bulb in their homes 

with an energy-efficient compact fluorescent light (CFL). Efficiency Vermont 

encouraged residents to participate by providing information about the ways that this easy 

action could save energy, save money and reduce power plant emissions. 

Poultney residents not only accepted the challenge, they also purchased more than 3,000 

additional CFLs with incentives from Efficiency Vermont. If every Vermont household 

adopted this simple switch, Vermonters would save enough electricity to light more than 

14,000 households for a year. 

This success was due to the support and encouragement of Governor James Douglas; 

Williams True Value Hardware; which facilitated providing a free bulb to every 

participating household; and Green Mountain College students and the administration of 

the Town of Poultney, who participated in a range of promotional activities. This 

demonstration of partnership, community support and energy efficiency action supports 

Efficiency Vermont’s goals of transforming Vermont’s retail market for energy-efficient 

products as well as expanding Vermonters’ support for energy efficiency. The event 

attracted the attention of media throughout Vermont, which further promoted the Changea-Light Challenge statewide. As a result of this successful event, the US Environmental 

Protection Agency recognized Efficiency Vermont as an ENERGY STAR Partner of the 

Year for the “Change A Light, Change the World” campaign. 

The U.S. Environmental Protection Agency (EPA) also acknowledged Efficiency 

Vermont’s contribution to the national energy efficiency effort by selecting the 

Efficiency Vermont Lighting Guide as the source document for their web-based 

“ENERGY STAR Light Fixture Guide.” This guide is available at: 

www.energystar.gov/index.cfm?c=fixture_guide.pr_fixtures_guide_index

In 2003, Efficiency Vermont initiated a pilot activity to simplify the current process of 

lowering reducing the retail price of high-efficiency lighting products. This limited pilot 

replaces the current instant coupon for consumers with an incentive payment to lighting 

manufacturers and/or retailers. Although this approach reduces Efficiency Vermont’s 

ability to track customer purchase information, it increases the efficiency of incentive 

processing and reduces the costs for processing lighting incentive data. 

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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13
RESIDENTIAL NEW CONSTRUCTION 

Efficiency Vermont’s residential new construction services focus upon improving the 

performance and energy efficiency of Vermonters’ new homes. 2003 marked the first 

year that these services were available to all builders and buyers of new homes in 

Vermont, due to the expansion of these services to include members of the Washington 

Electric Cooperative. 

As in previous years, Efficiency Vermont reached out to builders and buyers of new 

homes to encourage their adoption of energy-efficient approaches. Efficiency Vermont 

provided technical assistance, plan reviews, on-site inspections, performance testing and 

both ENERGY STAR labeling and energy code assistance. The year also marked the 

completion of a record number of ENERGY STAR qualified single family homes. More 

than 300 such homes were performance tested to be 20% or more energy-efficient than 

specified by the Vermont Residential Building Energy Standard, and to contain energyefficient lighting, improved ventilation and combustion air safety measures. Homes 

completed in 2003 also included a greater number of energy-efficient lighting fixtures 

than in homes built in prior years. 

The increasing penetration of ENERGY STAR qualified homes into Vermont’s 

residential new construction market has been acknowledged by the U.S. Environmental 

Protection Agency. The EPA recognized Efficiency Vermont’s efforts in sponsoring over 

500 ENERGY STAR qualified homes and for achieving the second highest state market 

share of ENERGY STAR qualified homes in the nation. The American Council for an 

Energy Efficient Economy also recognized Efficiency Vermont’s residential new 

construction services as exemplary and as a model for other states to follow. 

To increase awareness of the benefits of an ENERGY STAR qualified home among both 

builders and buyers, Efficiency Vermont continued its educational outreach efforts in 

2003. These outreach efforts included 

x Efficiency Vermont’s Better Buildings by Design 2003 Conference - the region’s 

top new construction conference, where Vermont’s designers and builders 

gathered to learn about cutting-edge approaches to building durability, efficiency 

and value from national leaders in the field; 

x Sponsorship of several training workshops at building supply stores (Gregory 

Supply in Burlington, Parker & Stearns in Johnson and H. Greenberg & Son in 

Bennington);

x Presentations to state-wide chapters of Habitat for Humanity; 

x Efficiency Vermont’s presence at Home and Builders’ Shows; and, 

x Working in close association with the Home Builders Associations of both 

Northern and Southern Vermont. 

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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EXISTING HOMES 

Efficiency Vermont’s core efficiency services to the existing homes market consist of the 

following: 

x Low-Income Single Family: Efficiency Vermont continued the delivery of 

electric efficiency services to low-income Vermont households through its 

partnership with the five agencies that deliver the statewide Weatherization 

Assistance Program. Eligible customers received services that included the 

installation of ENERGY STAR qualified light bulbs and fixtures; replacement 

ENERGY STAR qualified refrigerators for inefficient and high usage 

refrigerators; waterbed insulation pads or mattress replacements; and, when cost 

effective, the replacement of electric domestic hot water heaters and electric space 

heating systems with units using less costly fossil fuels. 

x Customer Service: In addition to providing energy efficiency information, via 

phone and e-mail, Efficiency Vermont provided Vermonters with tools to 

empower them to take positive action to lower their energy usage. Staff 

distributed do-it-yourself energy audit compact discs and loaned meters that 

enabled people to measure individual equipment usage. Efficiency Vermont 

provided an energy checklist to enable households to conduct their own home 

energy assessments. Efficiency Vermont also distributed printed Energy Saving 

Tips and started the development of materials for Vermonters who use electric 

water heaters, as well as materials to address the unique needs of renters. 

x High Usage Households: Vermont households with high electric usage (typically 

7000 KWh or more per year) may be candidates for electric efficiency 

improvements that can significantly reduce their energy costs. Through customer 

inquiries and Efficiency Vermont’s outreach efforts, high usage households 

received a range of services including, as applicable: Technical assistance; energy 

saving tips; on-site energy audits with direct installation of efficient lighting and 

hot water conservation measures; and financial incentives for undertaking costeffective efficiency improvements. By using these incentives to reduce the 

purchase price, households can choose to replace their electric hot water and/or 

space heating system, make improvements such as insulation and air sealing 

and/or retire their inefficient refrigerator early and replace it with an ENERGY 

STAR qualified model. 

In addition to these core efficiency services, Efficiency Vermont initiated steps in the 

following areas to expand the efficiency services available to customers in the Existing 

Homes market: 

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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x Furnace Fans: Improvements in electric motor design have created an opportunity 

for Vermonters to lower energy costs by utilizing energy-efficient furnace fan 

motors. In 2003, Efficiency Vermont completed a technical review of high 

efficiency furnace fan motors in high efficiency forced air heating systems. 

Efficiency Vermont then worked with Vermont Gas Systems and the Consortium 

for Energy Efficiency to determine the benefits of this technology for Vermont 

residents. As a result, in 2004, Efficiency Vermont will offer incentives for the 

purchase/installation of high efficiency forced air heating systems with high 

efficiency fan motors 

x Central Air Conditioning: Market information shows that the increase in central 

air conditioning systems being installed in Vermont homes has an impact on peak 

summer energy demand. Therefore, Efficiency Vermont determined that high 

efficiency central air conditioning presents an opportunity for cost-effective 

energy savings. As a result, in 2004, Efficiency Vermont will provide incentives 

and contractor training for the sale/installation of ENERGY STAR qualified 

central air conditioning equipment. 

x Home Performance Contracting: Efficiency Vermont has identified a need for 

comprehensive efficiency services to address the broader scope of residential 

energy use. Therefore, using a model for comprehensive home performance 

(retrofit services) implemented in New York, Efficiency Vermont has begun to 

adapt this model for Vermont use. Using the Building Performance Institute (BPI) 

of Albany, New York performance specifications that have been adopted by 

several states, Efficiency Vermont had five staff members complete an extensive 

training program to become BPI certified technicians. Efficiency Vermont’s plans 

for 2004 call for this training and certification to be provided to Vermont 

contractors. This will enable them to provide comprehensive home assessment 

and installation services. In addition to providing the training and certification, 

Efficiency Vermont will work with these contractors to help them market their 

enhanced skills. 

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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16
Totals Business Energy Services Other

Services

All Services 

and Initiatives 

Including CC

EVT Services 

and Initiatives

Subtotal

Business

Energy

Services

Subtotal

Residential

Energy

Services

Business

New

Construction

Business

Existing

Facilities

Business

Initiatives

Residential

New

Construction

Efficient

Products

Residential

Existing

Buildings

Residential

Initiatives

Customer

Credit

Program

CostsYear to Date Costs $12,493,746 $12,168,677 $6,918,895 $5,249,782 $2,772,004 $3,735,496 $411,395 $1,220,717 $1,729,655 $2,189,841 $109,568 $325,069* Annual Budget Estimate $13,103,732 $12,481,668 $7,036,123 $5,445,545 $2,560,697 $3,765,389 $710,037 $1,356,641 $1,812,672 $2,065,210 $211,022 $622,064Unspent Annual Budget Estimate $609,986 $312,991 $117,228 $195,764 ($211,307) $29,893 $298,642 $135,924 $83,017 ($124,632) $101,454 $296,995

% Annual Budget Estimate Unspent 5% 3% 2% 4% -8% 1% 42% 10% 5% -6% 48% 48%Savings ResultsMWh Year to Date 51,216 46,675 31,677 14,997 9,642 22,035 nap 635 9,901 4,461 nap 4,541

MWh cumulative starting 1/1/03 51,216 46,675 31,677 14,997 9,642 22,035 nap 635 9,901 4,461 nap 4,541

3-Year MWh Goal nap 118,250 69,466 48,784 18,450 51,016 nap 3,530 32,732 12,523 nap nap % of 3-Year MWh Goal nap 39% 46% 31% 52% 43% nap 18% 30% 36% nap nap ParticipationPartic.w/ installs Year to Date 28,872 28,871 813 28,058 142 671 nap 376 25,959 1,723 nap 1

Partic.w/ installs cumulative starting 1/1/03 28,872 28,871 813 28,058 142 671 nap 376 25,959 1,723 nap 1Total Costs for Services and Initiatives (including CC), Administration and IT

Services Total Administration

Information

Systems

Services and 

Initiatives

Costs

CostsYear to Date Costs $12,957,903 $99,589 $364,568 $12,493,746* Annual Budget Estimate $13,639,997 $139,714 $396,551 $13,103,732Unspent Annual Budget Estimate $682,094 $40,125 $31,983 $609,986% Annual Budget Estimate Unspent 5% 29% 8% 5%* Annual projections are estimates only and provided for informational purposes.The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

Residential Energy Services

2.1.1. Services and Initiatives Summary

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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17
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

Cumulative

starting

3/1/00 [b]

# participants with installations 32,307 28,872 nap 28,872 96,712

# participants with analysis 3,555 3,772 nap 3,772 14,794

# participants with analysis and installations 3,678 2,598 nap 2,598 11,085

Services and Initiatives Costs

Operating Costs

 Administration $94,751 $99,589 $139,714 $99,589 $375,001

 Services and Initiatives $2,324,184 $2,892,451 $3,066,448 $2,892,451 $8,460,683

 Program Planning $324,156 nap nap nap $1,006,327

 Marketing/Business Development $1,367,073 $1,896,665 $1,926,875 $1,896,665 $4,738,693

 Information Systems $300,327 $364,568 $396,551 $364,568 $1,059,816

Subtotal Operating Costs $4,410,491 $5,253,273 $5,529,588 $5,253,273 $15,640,520

Incentive Costs

 Incentives to Participants $4,633,232 $5,163,712 $5,268,989 $5,163,712 $15,851,820

 Incentives to Trade Allies $609 $12,620 $13,533 $12,620 $13,229

Subtotal Incentive Costs $4,633,841 $5,176,333 $5,282,523 $5,176,333 $15,865,050

Technical Assistance Costs

 Services to Participants $1,682,223 $2,236,926 $2,451,527 $2,236,926 $5,843,549

 Services to Trade Allies $255,827 $291,371 $376,359 $291,371 $992,280

Subtotal Technical Assistance Costs $1,938,050 $2,528,298 $2,827,886 $2,528,298 $6,835,830

Total Efficiency Vermont Costs $10,982,382 $12,957,903 $13,639,997 $12,957,903 $38,341,399

Total Participant Costs $5,831,679 $7,530,003 nav $7,530,003 $22,025,205

Total Third Party Costs $513,229 $709,543 nav $709,543 $1,665,362

Total Services and Initiatives Costs $17,327,290 $21,197,449 $13,639,997 $21,197,449 $62,031,966

Annualized MWh Savings 40,557 51,216 nap 51,216 152,802

Lifetime MWh Savings 581,308 761,488 nap 761,488 2,224,174

TRB Savings (2003$) $34,289,001 $44,805,794 nap $44,805,794 $133,956,177

Winter Coincident Peak kW Savings 7,467 8,059 nap 8,059 27,462

Summer Coincident Peak kW Savings 4,996 6,502 nap 6,502 17,937

Annualized MWh Savings/Participant 1.255 1.774 nap 1.774 1.580

Weighted Lifetime 14 15 nap 15 15

Committed Incentives $1,117,709 $1,685,749 nap $1,685,749 $1,685,749

Annualized MWh Savings (adjusted for measure life) 152,166

Winter Coincident Peak kW Savings (adjusted for measure life) 27,386

Summer Coincident Peak kW Savings (adjusted for measure life) 17,862

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

2.1.2. Services and Initiatives including Customer Credit [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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18
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

Cumulative

starting

3/1/00 [b]

# participants with installations 32,306 28,871 nap 28,871 96,711

# participants with analysis 3,555 3,772 nap 3,772 14,794

# participants with analysis and installations 3,678 2,598 nap 2,598 11,085

Services and Initiatives Costs

Operating Costs

 Administration $94,751 $99,589 $139,714 $99,589 $375,001

 Services and Initiatives $2,270,975 $2,875,274 $3,039,189 $2,875,274 $8,339,431

 Program Planning $315,656 nap nap nap $977,110

 Marketing/Business Development $1,367,073 $1,896,665 $1,926,875 $1,896,665 $4,738,693

 Information Systems $300,327 $364,568 $396,551 $364,568 $1,059,816

Subtotal Operating Costs $4,348,782 $5,236,096 $5,502,329 $5,236,096 $15,490,051

Incentive Costs

 Incentives to Participants $4,206,339 $4,858,528 $4,678,206 $4,858,528 $14,694,753

 Incentives to Trade Allies $609 $12,620 $13,533 $12,620 $13,229

Subtotal Incentive Costs $4,206,948 $4,871,149 $4,691,740 $4,871,149 $14,707,983

Technical Assistance Costs

 Services to Participants $1,682,223 $2,234,218 $2,447,504 $2,234,218 $5,840,841

 Services to Trade Allies $255,827 $291,371 $376,359 $291,371 $992,280

Subtotal Technical Assistance Costs $1,938,050 $2,525,589 $2,823,864 $2,525,589 $6,833,121

Total Efficiency Vermont Costs $10,493,780 $12,632,834 $13,017,933 $12,632,834 $37,031,155

Total Participant Costs $5,831,679 $7,520,763 nav $7,520,763 $22,015,965

Total Third Party Costs $513,229 $709,543 nav $709,543 $1,665,362

Total Services and Initiatives Costs $16,838,688 $20,863,140 $13,017,933 $20,863,140 $60,712,482

Annualized MWh Savings 38,363 46,675 nap 46,675 144,726

Lifetime MWh Savings 552,705 693,356 nap 693,356 2,107,321

TRB Savings (2003$) $32,945,594 $41,987,042 nap $41,987,042 $128,535,019

Winter Coincident Peak kW Savings 7,215 7,550 nap 7,550 26,442

Summer Coincident Peak kW Savings 4,745 5,998 nap 5,998 16,924

Annualized MWh Savings/Participant 1.187 1.617 nap 1.617 1.496

Weighted Lifetime 14 15 nap 15 15

Committed Incentives $1,117,709 $1,685,749 nap $1,685,749 $1,685,749

Annualized MWh Savings (adjusted for measure life) 144,089

Winter Coincident Peak kW Savings (adjusted for measure life) 26,366

Summer Coincident Peak kW Savings (adjusted for measure life) 16,849

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

2.1.3. Services and Initiatives excluding Customer Credit [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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19
2.1.4. Efficiency Vermont Services & Initiatives - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$580,331 Air Conditionin

g Eff. 3,175 1,949 1,827 40,976 62 951 635 0 $349,005

$859,095 Cookin

g and Laundry 4,189 1,973 1,465 27,597 388 284 5,470 38,433 $205,122

$120,235 Desi

gn Assistance 15 293 272 5,184 35 49 818 0 $80,535

$207,112 Hot Water Efficienc

y 927 333 288 2,716 52 40 4,821 8,292 $39,248

$204,398 Hot Water Fuel Switch 347 1,809 1,767 52,329 315 202 -6,460 0 $270,163

$1,599,281 Industrial Process Eff. 29 9,810 9,370 138,533 1,909 470 29,111 -34 $487,814$1,337,411 Li

ghtin

g 21,298 18,691 16,470 229,298 2,979 2,399 -7,410 0 $1,740,042

$806,620 Motors 145 5,428 4,922 75,997 688 837 1,149 0 $500,502

$16,285 Other Efficienc

y 6 98 85 3,781 10 10 0 0 $15,660

$48,328 Other Fuel Switch 32 398 361 8,764 46 67 -1,272 0 $36,383

-$267,402 Other Indirect Activit

y 334 71 61 120 51 47 0 0 $173,367

$561,947 Refri

geration 1,960 3,141 2,829 44,107 370 491 -263 0 $522,206

$596,005

S

pace Heat Efficienc

y 409 74 66 1,723 18 12 21,266 0 $6,475

$565,579

S

pace Heat Fuel Switch 209 1,843 1,902 53,726 543 0 -6,458 0 $286,139

$285,532 Ventilation 645 764 686 8,507 83 137 5,239 0 $145,866

$6 Water Conservation 1 0 0 0 0 0 0 20 $0

46,675 42,372 693,356 7,550 5,998 46,646 46,711 Totals $4,858,527 $7,520,763

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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20
2.1.5. Efficiency Vermont Services & Initiatives - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$10,226 Barton 90 110 104 1,680 18 15 -180 140 $18,294

$817 Burlin

gton 62 29 23 238 5 4 0 4 $1,495

$421,594 Citizens 1,329 2,488 2,292 42,811 469 231 324 1,904 $296,671

$2,541,932 CVPS 13,629 19,346 17,456 275,278 3,133 2,304 19,396 21,476 $1,754,273

$100,449 Enosbur

g Falls 194 432 389 6,689 53 56 -212 154 $43,407

$2,596,380 Green Mountain 8,345 15,097 13,743 232,599 2,353 2,325 8,269 15,886 $1,752,428

$25,800 Hardwick 379 288 244 3,747 44 37 -108 236 $42,455

$5,115

H

yde Park 111 65 53 1,093 13 5 36 152 $14,589

$6,728 Jacksonville 27 42 37 511 8 6 3 99 $4,432

$11,883 Johnson 58 69 64 1,385 15 6 -104 85 $14,703

$295,585 Ludlow 211 2,410 2,320 29,575 540 26 17,437 152 $113,902

$46,758

L

yndonville 413 465 408 6,519 64 52 -59 303 $50,031

$140,863 Morrisville 282 513 453 7,988 70 74 155 447 $57,241

$28,536 Northfield 155 179 160 2,769 27 25 -38 225 $24,553

$278,781 Orleans 20 1,152 1,081 17,220 164 162 -199 36 $120,012

$513 Readsboro 14 4 3 40 1 1 2 19 $423

$3,038 Rochester 44 43 46 580 7 7 14 76 $6,384

$393,406 Stowe 200 1,074 1,000 17,588 149 172 -225 368 $96,110$370,677 Swanton 342 755 698 17,255 85 185 120 521 $108,972$170,528 VT Electric Coo

p 1,727 1,313 1,127 18,486 208 203 1,700 3,019 $223,278

$15,576 VT Marble 85 135 126 1,833 18 18 -25 95 $23,077

$55,576 Washin

gton Electric 1,154 667 544 7,472 107 84 341 1,313 $91,796

46,675 42,372 693,356 7,550 5,998 46,646 46,711 Totals 28,871 $4,858,527 $7,520,763

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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21
2.1.6. Efficiency Vermont Services & Initiatives - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$184,560 Addison 1,762 1,508 1,306 20,133 281 234 279 2,498 $156,655

$427,171 Bennin

gton 1,299 2,315 2,139 32,598 357 197 3,482 3,481 $216,828

$208,952 Caledonia 1,563 2,115 1,922 30,644 322 281 -9 1,090 $288,623

$1,527,831 Chittenden 5,515 8,714 7,968 136,724 1,361 1,306 7,150 11,385 $1,010,092

$36,152 Essex 196 310 273 4,476 47 43 34 262 $56,131

$792,393 Franklin 2,104 3,661 3,270 63,023 496 624 -73 3,379 $389,080

$46,152 Grand Isle 319 269 236 4,210 50 30 37 544 $36,524

$614,602 Lamoille 1,265 2,284 2,060 37,057 332 361 844 1,724 $289,707

$161,736 Oran

g

e 1,339 1,338 1,141 17,064 196 187 209 1,955 $209,067

$576,049 Orleans 944 3,010 2,814 48,049 524 318 -378 1,211 $346,215$798,704 Rutland 4,606 7,171 6,561 103,924 1,242 667 11,479 4,742 $474,418

$825,742 Washin

gton 3,520 5,495 4,930 75,896 859 817 1,410 4,105 $542,606

$538,392 Windham 1,683 3,157 2,867 51,138 494 487 1,186 3,200 $316,460$782,327 Windsor 2,756 5,329 4,885 68,421 988 446 20,996 7,134 $526,122

46,675 42,372 693,356 7,550 5,998 46,646 46,711 Totals 28,871 $4,858,527 $7,520,763

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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22
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $31,137,456

Fossil Fuel Savings (Costs) $220,648 $4,001,293

Water Savings (Costs) $350,728 $6,848,295

Total $571,376 $41,987,042

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 42,372 39,935 46,675

 Winter on peak 12,368 11,581 13,888

 Winter off peak 5,995 5,458 6,268

 Summer on peak 14,003 13,370 15,769

 Summer off peak 10,005 9,526 10,812

Coincident Demand Savings (kW)

 Winter 7,059 6,611 7,550

 Shoulder 6,650 6,280 7,083

 Summer 5,562 5,293 5,998

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 42,597 46,711 614,724

Annualized fuel savings (increase) MMBtu 46,732 46,646 525,670

 LP 10,034 10,761 199,123

 NG 5,709 6,188 94,117

 Oil/Kerosene 31,224 29,508 235,517

 Wood (222) (200) (2,997)

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) $367,411 $365,585 $3,700,690

Savings at meter

2.1.7. Efficiency Vermont Services & Initiatives - Total Resource Benefits [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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23
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 587 813 nap 813

# participants with analysis 324 815 nap 815

# participants with analysis and installations 238 499 nap 499

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $1,208,167 $1,704,116 $1,921,376 $1,704,116

 Marketing/Business Development $669,776 $954,311 $1,031,255 $954,311

Subtotal Operating Costs $1,877,943 $2,658,427 $2,952,631 $2,658,427

Incentive Costs

 Incentives to Participants $1,654,935 $2,825,414 $2,546,815 $2,825,414

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $1,654,935 $2,825,414 $2,546,815 $2,825,414

Technical Assistance Costs

 Services to Participants $826,661 $1,435,055 $1,536,677 $1,435,055

 Services to Trade Allies $9,084 $0 $0 $0

 Subtotal Technical Assistance Costs $835,745 $1,435,055 $1,536,677 $1,435,055

Total Efficiency Vermont Costs $4,368,623 $6,918,895 $7,036,123 $6,918,895

Total Participant Costs $2,966,272 $5,729,815 nav $5,729,815

Total Third Party Costs $124,752 $274,174 nav $274,174

Total Services and Initiatives Costs $7,459,647 $12,922,884 $7,036,123 $12,922,884

Annualized MWh Savings 18,436 31,677 nap 31,677

Lifetime MWh Savings 288,803 488,066 nap 488,066

TRB Savings (2003$) $15,679,544 $28,847,145 nap $28,847,145

Winter Coincident Peak kW Savings 3,915 4,916 nap 4,916

Summer Coincident Peak kW Savings 2,460 4,219 nap 4,219

Annualized MWh Savings/Participant 31.407 38.963 nap 38.963

Weighted Lifetime 16 15 nap 15

Committed Incentives $1,117,709 $1,685,749 nap $1,685,749

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

2.1.8. Business Energy Services - Summary [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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24
2.1.9. Business Energy Services - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$523,736 Air Conditioning Eff. 70 1,766 1,669 38,454 62 647 635 0 $253,313

$62,401 Cooking and Laundry 38 50 42 693 10 7 678 1,509 $11,657

$120,235 Design Assistance 15 293 272 5,184 35 49 818 0 $80,535

$50,342 Hot Water Efficiency 71 97 84 954 14 11 2,183 6,518 $18,635

$46,518 Hot Water Fuel Switch 39 519 487 13,625 92 61 -1,883 0 $45,720

$1,599,281 Industrial Process Eff. 29 9,810 9,370 138,533 1,909 470 29,111 -34 $487,814$1,068,371 Lighting 545 9,555 9,107 141,771 1,517 1,478 -7,410 0 $928,570

$806,471 Motors 144 5,427 4,921 75,988 688 835 1,149 0 $500,451

$16,285 Other Efficiency 6 98 85 3,781 10 10 0 0 $15,660

$48,328 Other Fuel Switch 32 398 361 8,764 46 67 -1,272 0 $36,383

$5,048 Other Indirect Activity 19 71 61 120 51 47 0 0 $1,815

$543,405 Refrigeration 105 2,416 2,198 39,453 281 406 -263 0 $242,974

$436,253 Space Heat Efficiency 52 18 18 391 1 12 12,790 0 $4,943

$162,615 Space Heat Fuel Switch 41 474 475 12,662 124 0 -1,679 0 $63,258

$240,521 Ventilation 70 687 622 7,692 75 118 5,239 0 $133,687

$6 Water Conservation 1 0 0 0 0 0 0 20 $0

31,677 29,772 488,066 4,916 4,219 40,096 8,013 Totals $2,825,414 $5,729,815

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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25
2.1.10. Business Energy Services - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$3,458 Barton 6 48 48 505 8 8 -96 0 $6,217

$275,246 Citizens 113 1,571 1,466 25,567 290 144 1,090 23 $139,873

$1,901,603 CVPS 294 12,995 12,283 203,907 2,066 1,505 16,113 3,660 $973,092

$90,684 Enosburg Falls 11 327 298 4,934 37 44 -120 0 $30,647

$1,897,449 Green Mountain 267 10,228 9,519 153,650 1,447 1,776 5,312 3,947 $1,086,853

$15,361 Hardwick 11 106 96 1,555 16 16 -74 0 $15,788

-$60 Hyde Park 1 1 1 9 0 0 -1 0 $152

$3,907 Jacksonville 3 25 23 245 4 4 13 52 $1,925$4,140 Johnson 5 21 20 468 5 1 -43 22 $3,084

$255,809 Ludlow 4 2,185 2,117 25,758 490 8 17,727 0 $87,606

$35,545 Lyndonville 8 262 244 4,080 32 31 -84 0 $18,419

$122,964 Morrisville 7 368 332 5,902 44 58 163 139 $37,429

$21,559 Northfield 5 95 91 1,683 14 15 -22 0 $9,632

$278,200 Orleans 2 1,142 1,073 17,119 162 161 -202 0 $117,757

$740 Rochester 2 25 31 404 4 5 -33 0 $3,632

$381,974 Stowe 19 981 925 16,614 133 158 -328 12 $86,473

$351,038 Swanton 7 582 555 14,868 57 161 -85 0 $79,782

$60,991 VT Electric Coop 34 518 469 8,156 79 88 805 158 $89,030

$12,715 VT Marble 3 104 100 1,529 13 13 -37 0 $17,130

$16,491 Washington Electric 11 95 83 1,113 15 21 -2 0 $20,894

31,677 29,772 488,066 4,916 4,219 40,096 8,013 Totals 813 $2,825,414 $5,729,815

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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26
2.1.11. Business Energy Services - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$106,291 Addison 31 769 702 11,731 155 146 178 166 $79,825

$339,984 Bennin

gton 40 1,664 1,607 24,503 248 110 3,312 1,191 $130,567

$167,573 Caledonia 38 1,313 1,257 20,824 192 197 125 31 $164,186

$1,021,715 Chittenden 157 5,698 5,335 86,414 816 921 1,789 1,972 $562,090

$31,186 Essex 17 173 160 2,596 25 29 104 0 $23,940

$644,917 Franklin 65 2,610 2,379 46,943 312 495 -443 93 $240,057

$10,525 Grand Isle 7 66 57 821 9 10 0 0 $10,064

$547,549 Lamoille 44 1,669 1,549 28,481 227 271 771 331 $186,132

$105,586 Oran

g

e 23 647 582 9,430 86 109 -6 167 $109,743

$476,354 Orleans 105 2,336 2,206 35,774 399 251 421 0 $215,037

$646,821 Rutland 75 5,090 4,861 82,989 891 393 11,206 665 $251,029$661,436 Washin

gton 92 3,686 3,451 53,255 549 615 773 171 $332,096

$361,143 Windham 59 2,048 1,898 33,146 269 386 1,903 331 $168,522

$608,733 Windsor 60 3,908 3,728 51,158 738 286 19,963 2,896 $352,125

31,677 29,772 488,066 4,916 4,219 40,096 8,013 Totals 813 $2,825,414 $5,729,815

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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27
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 31,719 28,058 nap 28,058

# participants with analysis 3,231 2,957 nap 2,957

# participants with analysis and installations 3,440 2,099 nap 2,099

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $1,378,465 $1,171,158 $1,117,813 $1,171,158

 Marketing/Business Development $697,297 $942,354 $895,620 $942,354

Subtotal Operating Costs $2,075,762 $2,113,513 $2,013,433 $2,113,513

Incentive Costs

 Incentives to Participants $2,551,403 $2,033,114 $2,131,392 $2,033,114

 Incentives to Trade Allies $609 $12,620 $13,533 $12,620

 Subtotal Incentive Costs $2,552,012 $2,045,735 $2,144,925 $2,045,735

Technical Assistance Costs

 Services to Participants $855,562 $799,163 $910,827 $799,163

 Services to Trade Allies $246,743 $291,371 $376,359 $291,371

 Subtotal Technical Assistance Costs $1,102,305 $1,090,534 $1,287,186 $1,090,534

Total Efficiency Vermont Costs $5,730,079 $5,249,782 $5,445,545 $5,249,782

Total Participant Costs $2,865,407 $1,790,948 nav $1,790,948

Total Third Party Costs $388,477 $435,369 nav $435,369

Total Services and Initiatives Costs $8,983,963 $7,476,099 $5,445,545 $7,476,099

Annualized MWh Savings 19,927 14,997 nap 14,997

Lifetime MWh Savings 263,902 205,290 nap 205,290

TRB Savings (2003$) $17,262,336 $13,139,897 nap $13,139,897

Winter Coincident Peak kW Savings 3,300 2,634 nap 2,634

Summer Coincident Peak kW Savings 2,285 1,779 nap 1,779

Annualized MWh Savings/Participant 0.628 0.535 nap 0.535

Weighted Lifetime 13 14 nap 14

Committed Incentives nap nap nap 0

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

2.1.12. Residential Energy Services - Summary [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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28
2.1.13. Residential Energy Services - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$56,595 Air Conditionin

g Eff. 3,105 184 158 2,521 0 303 0 0 $95,693

$796,694 Cookin

g and Laundry 4,151 1,923 1,423 26,903 378 277 4,791 36,924 $193,465

$156,770 Hot Water Efficienc

y 856 236 204 1,762 38 29 2,638 1,774 $20,613

$157,880 Hot Water Fuel Switch 308 1,290 1,280 38,704 223 142 -4,577 0 $224,443

$269,040 Li

ghtin

g 20,753 9,137 7,364 87,527 1,461 921 0 0 $811,473

$150 Motors 1 1 1 8 0 2 0 0 $51

-$272,450 Other Indirect Activit

y 315 0 0 0 0 0 0 0 $171,552

$18,542 Refri

geration 1,855 725 632 4,654 90 86 0 0 $279,232

$159,753

S

pace Heat Efficienc

y 357 57 48 1,332 17 0 8,476 0 $1,532

$402,964

S

pace Heat Fuel Switch 168 1,369 1,426 41,064 419 0 -4,779 0 $222,882

$45,011 Ventilation 575 77 64 814 8 19 0 0 $12,179

14,997 12,600 205,290 2,634 1,779 6,550 38,699 Totals $2,033,114 $1,790,948

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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29
2.1.14. Residential Energy Services - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$6,769 Barton 84 63 56 1,175 10 7 -84 140 $12,077

$817 Burlington 62 29 23 238 5 4 0 4 $1,495

$146,348 Citizens 1,216 916 827 17,245 179 87 -766 1,881 $156,798$640,329 CVPS 13,335 6,351 5,174 71,371 1,066 799 3,284 17,815 $781,181

$9,765 Enosburg Falls 183 105 90 1,754 17 12 -92 154 $12,760

$698,931 Green Mountain 8,078 4,869 4,224 78,948 906 550 2,957 11,940 $665,575

$10,439 Hardwick 368 182 148 2,192 29 20 -34 236 $26,668

$5,175 Hyde Park 110 64 52 1,085 12 5 37 152 $14,437

$2,821 Jacksonville 24 17 15 266 3 1 -10 48 $2,506$7,743 Johnson 53 49 44 917 10 5 -61 63 $11,619

$39,776 Ludlow 207 224 203 3,817 50 18 -290 152 $26,296

$11,214 Lyndonville 405 203 165 2,439 32 21 25 303 $31,611

$17,899 Morrisville 275 145 120 2,086 26 16 -8 309 $19,813

$6,978 Northfield 150 85 69 1,086 14 10 -16 225 $14,922

$581 Orleans 18 10 8 100 1 1 2 36 $2,255$513 Readsboro 14 4 3 40 1 1 2 19 $423

$2,298 Rochester 42 18 15 176 3 2 47 76 $2,752

$11,432 Stowe 181 93 75 975 16 13 103 356 $9,637$19,639 Swanton 335 173 143 2,386 29 23 204 521 $29,190

$109,537 VT Electric Coop 1,693 795 658 10,330 130 115 895 2,861 $134,248

$2,861 VT Marble 82 31 27 304 5 5 12 95 $5,948

$39,085 Washington Electric 1,143 572 461 6,359 92 62 343 1,313 $70,903

14,997 12,600 205,290 2,634 1,779 6,550 38,699 Totals 28,058 $2,033,114 $1,790,948

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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30
2.1.15. Residential Energy Services - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$78,269 Addison 1,731 739 603 8,402 126 88 100 2,332 $76,830$87,186 Bennin

gton 1,259 651 532 8,095 109 87 171 2,290 $86,261

$41,379 Caledonia 1,525 802 664 9,820 130 84 -134 1,059 $124,437

$506,116 Chittenden 5,358 3,015 2,633 50,310 545 385 5,361 9,413 $448,002

$4,966 Essex 179 136 113 1,880 21 14 -70 262 $32,191

$147,476 Franklin 2,039 1,051 892 16,080 184 129 370 3,286 $149,023

$35,627 Grand Isle 312 203 179 3,389 42 20 37 544 $26,460

$67,053 Lamoille 1,221 615 511 8,576 105 89 73 1,394 $103,575$56,150 Oran

g

e 1,316 692 559 7,634 110 78 215 1,789 $99,324

$99,695 Orleans 839 674 608 12,275 126 67 -800 1,211 $131,179

$151,883 Rutland 4,531 2,081 1,700 20,934 351 273 273 4,077 $223,389

$164,306 Washin

gton 3,428 1,809 1,479 22,642 310 203 637 3,935 $210,510

$177,249 Windham 1,624 1,109 969 17,991 225 102 -717 2,870 $147,937$173,594 Windsor 2,696 1,421 1,157 17,262 251 160 1,033 4,238 $173,996

14,997 12,600 205,290 2,634 1,779 6,550 38,699 Totals 28,058 $2,033,114 $1,790,948

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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31
Year 2003-2005 

PSB Approved 

Budgets

Sector

Allocation by 

Customer Rate 

Revenue

Total % Total % % %

Business Energy Services $31,665,897 71% 36,219 71% 60% 56%Residential Energy Services $13,139,897 29% 14,997 29% 40% 44%

 Total $44,805,794 100% 51,216 100% 100% 100%

*

Data in this table includes Customer Credit Program results. 

Annualized MWh Energy 

Savings starting 01/01/03

Total Resource Benefits 

starting 01/01/03

2.1.16. Cumulative Distributions by Customer Sector

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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32
Total % Total % Total %

Addison 5.9% 1,762 6.1% $1,179,265 2.6% 1,508 2.9%

Bennington 6.1% 1,299 4.5% $2,073,603 4.6% 2,315 4.5%

Caledonia 4.9% 1,563 5.4% $1,446,465 3.2% 2,115 4.1%

Chittenden 24.1% 5,516 19.1% $10,559,067 23.6% 13,255 25.9%

Essex 1.1% 196 0.7% $216,389 0.5% 310 0.6%

Franklin 7.5% 2,104 7.3% $2,823,099 6.3% 3,661 7.1%

Grand Isle 1.1% 319 1.1% $232,738 0.5% 269 0.5%

Lamoille 3.8% 1,265 4.4% $1,942,004 4.3% 2,284 4.5%

Orange 4.6% 1,339 4.6% $977,581 2.2% 1,338 2.6%

Orleans 4.3% 944 3.3% $2,160,021 4.8% 3,010 5.9%

Rutland 10.4% 4,606 16.0% $6,564,979 14.7% 7,171 14.0%

Washington 9.5% 3,520 12.2% $7,475,284 16.7% 5,495 10.7%

Windham 7.3% 1,683 5.8% $2,549,876 5.7% 3,157 6.2%

Windsor 9.4% 2,756 9.5% $4,605,423 10.3% 5,329 10.4%

Total 100.0% 28,872 100.0% $44,805,794 100.0% 51,216 100.0%

*

Data in this table includes Customer Credit Program results. 

Number of Participants 

starting 01/01/03

Total Resource Benefits 

starting 01/01/03

2.1.17. Cumulative Distributions by County

Annualized MWh Energy 

Savings starting 

01/01/03

% of Statewide 

Population County

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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33
Total

% Total % Total % Total % Total % Total %

Barton 0.62% 0.26% 90 0.31% 110 0.22% $58,048 0.13% $45,705 0.37% $36,082 0.28%

Citizens 6.19% 5.37% 1,329 4.60% 2,488 4.86% $1,998,465 4.46% $836,027 6.92% $742,204 5.73%

CVPS 43.73% 38.88% 13,629 47.20% 19,346 37.77% $16,455,650 36.73% $6,513,035 44.77% $4,780,223 36.89%

Enosburg Falls 0.46% 0.37% 194 0.67% 432 0.84% $265,329 0.59% $62,801 0.46% $93,449 0.72%

GMP 26.08% 34.56% 8,346 28.91% 19,638 38.34% $15,149,348 33.81% $4,815,224 32.88% $4,907,603 37.87%

Hardwick 1.19% 0.54% 379 1.31% 288 0.56% $179,125 0.40% $93,992 0.76% $71,336 0.55%

Hyde Park 0.36% 0.20% 111 0.38% 65 0.13% $64,138 0.14% $35,485 0.27% $30,419 0.23%

Jacksonville 0.19% 0.10% 27 0.09% 42 0.08% $34,902 0.08% $11,632 0.15% $10,133 0.08%

Johnson 0.25% 0.28% 58 0.20% 69 0.14% $48,191 0.11% $41,352 0.42% $24,339 0.19%

Ludlow 1.05% 0.81% 211 0.73% 2,410 4.70% $1,961,277 4.38% $132,776 1.14% $488,374 3.77%

Lyndonville 1.54% 1.18% 413 1.43% 465 0.91% $303,150 0.68% $196,973 1.68% $122,981 0.95%

Morrisville 1.21% 0.79% 282 0.98% 513 1.00% $380,232 0.85% $131,045 1.06% $127,440 0.98%

Northfield 0.68% 0.47% 155 0.54% 179 0.35% $3,623,900 8.09% $77,756 0.64% $48,578 0.37%

Orleans 0.21% 0.28% 20 0.07% 1,152 2.25% $766,029 1.71% $39,407 0.41% $213,652 1.65%

Readsboro 0.12% 0.04% 14 0.05% 4 0.01% $3,954 0.01% $7,506 0.06% $776 0.01%

Rochester 0.25% 0.11% 44 0.15% 43 0.08% $38,799 0.09% $19,411 0.15% $14,857 0.11%

Stowe 1.06% 1.08% 200 0.69% 1,074 2.10% $819,992 1.83% $162,461 1.41% $327,011 2.52%

Swanton 0.99% 1.09% 342 1.18% 755 1.47% $660,991 1.48% $167,735 1.36% $252,485 1.95%

VT Elec Coop 4.85% 2.58% 1,727 5.98% 1,313 2.56% $1,373,280 3.06% $467,231 3.37% $449,001 3.47%

Vt Marble 0.27% 3.86% 85 0.29% 135 0.26% $94,163 0.21% $41,868 0.23% $29,950 0.23%

WEC 2.85% 1.10% 1,154 4.00% 667 1.30% $513,636 1.15% $144,493 0.46% $181,432 1.40%

sub-Total 94.14% 93.95% 28,810 99.79% 51,187 99.94% $44,792,599 99.97% $14,043,915 98.97% $12,952,326 99.96%

BED 5.86% 6.05% 62 0.21% 29 0.06% $13,195 0.03% $188,573 1.03% $5,577 0.04%

Total 100.00% 100.00% 28,872 100.00% 51,216 100.00% $44,805,794 100.00% $14,232,487 100.00% $12,957,903 100.00%

*

Data in this table includes Customer Credit Program results. EEU Expenditures

EVT program and administration expenditures $12,957,903 *

 Burlington Electric Department (BED) administers its own services & initiatives. Contract Administrator, Fiscal Agent, DPS Evaluation $565,294

 BED reports its results separately to the Vermont Public Service Board. EVT Performance-based Fee $410,000

Total EEU Expenditures $13,933,198

EVT Program and 

Administration

Expenditures

Startin

g 01/01/03

MWh

Sales

Subject to 

EEC

2.1.18. Cumulative Distributions by Utility Service Territory [a]

EE Charges Paid 

through December 

30, 2003

Utility

Statewide

Electric

Customers

Number of 

Participants

Starting 01/01/03

Total Resource 

Benefits

Starting 01/01/03

Annualized MWh 

Energy Savings 

Starting 01/01/03

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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34
2.1.19. 2003-2005 Minimum Performance Requirements

Minimum Requirement

Results as of 

12/31/03

1 Gross Electric Benefits to Energy Efficiency Utility Cost ratio must be greater than 1.0. 3.022 15% of Efficiency Vermont's total spending must be for Low Income Single Family, Low Income Multifamily Retrofit and Low Income Multifamily New Construction services and initiatives 18.84%3 40% of total non-residential accounts with savings must be accounts with annual electric usage of 40,000 kWh per year or less 44.41%

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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35
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 56 142 nap 142

# participants with analysis 76 250 nap 250

# participants with analysis and installations 48 142 nap 142

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $291,969 $585,604 $652,425 $585,604

 Marketing/Business Development $180,615 $451,557 $452,950 $451,557

Subtotal Operating Costs $472,584 $1,037,161 $1,105,375 $1,037,161

Incentive Costs

 Incentives to Participants $274,829 $1,231,080 $957,970 $1,231,080

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $274,829 $1,231,080 $957,970 $1,231,080

Technical Assistance Costs

 Services to Participants $293,426 $503,763 $497,352 $503,763

 Services to Trade Allies $0 $0 $0 $0

 Subtotal Technical Assistance Costs $293,426 $503,763 $497,352 $503,763

Total Efficiency Vermont Costs $1,040,839 $2,772,004 $2,560,697 $2,772,004

Total Participant Costs $365,708 $2,540,123 nav $2,540,123

Total Third Party Costs $37,053 $151,133 nav $151,133

Total Services and Initiatives Costs $1,443,600 $5,463,260 nav $5,463,260

Annualized MWh Savings 2,873 9,642 nap 9,642

Lifetime MWh Savings 44,486 174,949 nap 174,949

TRB Savings (2003$) $2,186,090 $9,609,335 nap $9,609,335

Winter Coincident Peak kW Savings 348 1,253 nap 1,253

Summer Coincident Peak kW Savings 483 1,745 nap 1,745

Annualized MWh Savings/Participant 51.304 67.902 nap 67.902

Weighted Lifetime 15 18 nap 18

Committed Incentives nap $677,257 nap $677,257

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.1. Business New Construction - Summary [a]

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

36
3.1.2. Business New Construction - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$484,752 Air Conditionin

g Eff. 47 1,431 1,367 32,184 51 548 403 0 $208,759

$49,221 Cookin

g and Laundry 27 42 35 577 8 6 533 1,161 $10,042

$90,118 Desi

gn Assistance 9 220 202 4,081 28 38 818 0 $61,346

$16,410 Hot Water Efficienc

y 28 1 1 10 0 0 1,474 3,944 $274

$5,802 Hot Water Fuel Switch 7 154 134 4,617 26 17 -508 0 $7,201

$527,425 Industrial Process Eff. 7 1,094 1,035 19,060 180 163 2,871 0 $152,993

$424,462 Li

ghtin

g 121 3,780 3,659 67,288 579 524 -2,942 0 $427,486

$255,598 Motors 39 1,378 1,290 21,162 175 282 1,240 0 $148,776

$3,303 Other Efficienc

y 1 18 16 726 2 2 0 0 $3,551

$6,084 Other Fuel Switch 17 112 95 3,354 22 16 -333 0 $11,201

$695 Other Indirect Activit

y 2 0 0 0 0 0 0 0 $0

$181,035 Refri

geration 40 880 811 14,994 122 87 -244 0 $111,261

$325,243

S

pace Heat Efficienc

y 38 15 16 303 0 10 10,595 0 $1,121

$13,316

S

pace Heat Fuel Switch 2 45 38 1,343 14 0 -153 0 $5,766

$156,659 Ventilation 50 472 434 5,250 44 52 4,395 0 $81,304

9,642 9,133 174,949 1,253 1,745 18,149 5,105 Totals $1,231,080 $2,540,123

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

37
3.1.3. Business New Construction - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$678 Barton 1 11 14 173 2 2 -17 0 $3,639

$77,359 Citizens 11 311 289 5,754 51 43 351 23 $49,932

$836,800 CVPS 52 3,470 3,312 61,608 455 613 9,358 1,129 $361,726

$0 Enosburg Falls 1 0 0 0 0 0 0 0 $2,029

$873,438 Green Mountain 58 3,897 3,661 69,684 500 703 7,777 3,655 $581,801

$438 Hardwick 1 5 4 94 1 2 -5 0 $2,314

$4,583 Ludlow 1 73 66 1,094 8 8 0 0 $4,649

$1,905 Lyndonville 1 30 34 401 4 4 -42 0 $2,004

$16,977 Morrisville 2 75 69 1,533 14 10 45 139 $10,972

$2,140 Northfield 1 30 31 431 4 3 0 0 $2,272

$740 Rochester 1 23 29 369 4 4 -31 0 $3,074

$338,890 Stowe 4 924 873 15,912 123 149 -276 12 $79,676$347,934 Swanton 1 536 509 13,500 50 155 -30 0 $76,088

$37,555 VT Electric Coop 6 240 219 4,118 34 47 1,043 146 $46,496

$685 VT Marble 1 18 22 277 3 3 -23 0 $4,408

9,642 9,133 174,949 1,253 1,745 18,149 5,105 Totals 142 $1,231,080 $2,540,123

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

38
3.1.4. Business New Construction - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$62,106 Addison 8 261 245 5,111 50 33 401 166 $31,844

$186,559 Bennington 10 564 547 8,324 104 24 3,522 324 $55,421

$38,014 Caledonia 9 317 314 4,812 58 49 519 31 $45,540

$327,427 Chittenden 30 1,829 1,711 31,437 230 355 4,504 1,857 $248,458

$21,743 Essex 2 69 66 1,169 12 12 78 0 $10,907

$399,554 Franklin 10 670 630 16,275 71 171 670 93 $100,143

$2,500 Grand Isle 1 13 11 127 2 4 0 0 $1,015

$392,812 Lamoille 10 1,228 1,150 21,391 169 204 827 297 $135,470

$3,462 Orange 1 50 51 711 11 8 -30 0 $9,489

$27,235 Orleans 7 164 158 2,867 26 25 -98 0 $30,813

$353,595 Rutland 11 1,183 1,117 22,715 84 302 3,813 308 $119,806$334,379 Washington 16 1,366 1,288 25,620 196 206 756 28 $180,915

$171,992 Windham 11 938 895 17,088 107 192 2,183 238 $67,962

$218,743 Windsor 16 992 950 17,301 132 162 1,004 1,763 $193,298

9,642 9,133 174,949 1,253 1,745 18,149 5,105 Totals 142 $1,231,080 $2,540,123

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

39
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $7,206,419

Fossil Fuel Savings (Costs) $160,961 $2,094,049

Water Savings (Costs) $38,186 $308,867

Total $199,148 $9,609,335

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 9,133 8,253 9,642

 Winter on peak 2,120 1,913 2,294

 Winter off peak 842 765 879

 Summer on peak 3,524 3,177 3,748

 Summer off peak 2,646 2,398 2,721

Coincident Demand Savings (kW)

 Winter 1,216 1,097 1,253

 Shoulder 1,526 1,375 1,551

 Summer 1,708 1,540 1,745

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 5,451 5,105 51,750

Annualized fuel savings (increase) MMBtu 18,896 18,149 328,334

 LP 7,872 7,594 150,073

 NG 6,108 5,630 90,564

 Oil/Kerosene 4,929 4,936 87,818

 Wood 0 0 0

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) $105,349 $95,655 $1,816,683

Savings at meter

3.1.5. Business New Construction - Total Resource Benefits

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

40
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 531 671 nap 671

# participants with analysis 248 565 nap 565

# participants with analysis and installations 190 357 nap 357

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $916,197 $925,826 $938,058 $925,826

 Marketing/Business Development $489,161 $453,357 $486,556 $453,357

Subtotal Operating Costs $1,405,358 $1,379,182 $1,424,614 $1,379,182

Incentive Costs

 Incentives to Participants $1,380,105 $1,594,334 $1,588,844 $1,594,334

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $1,380,105 $1,594,334 $1,588,844 $1,594,334

Technical Assistance Costs

 Services to Participants $533,235 $761,979 $751,930 $761,979

 Services to Trade Allies $9,084 $0 $0 $0

 Subtotal Technical Assistance Costs $542,319 $761,979 $751,930 $761,979

Total Efficiency Vermont Costs $3,327,782 $3,735,496 $3,765,389 $3,735,496

Total Participant Costs $2,600,565 $3,189,692 nav $3,189,692

Total Third Party Costs $87,699 $123,042 nav $123,042

Total Services and Initiatives Costs $6,016,046 $7,048,229 $3,765,389 $7,048,229

Annualized MWh Savings 15,563 22,035 nap 22,035

Lifetime MWh Savings 244,317 313,118 nap 313,118

TRB Savings (2003$) $13,493,454 $19,237,810 nap $19,237,810

Winter Coincident Peak kW Savings 3,567 3,663 nap 3,663

Summer Coincident Peak kW Savings 1,977 2,473 nap 2,473

Annualized MWh Savings/Participant 29.309 32.839 nap 32.839

Weighted Lifetime 16 14 nap 14

Committed Incentives nap $1,008,492 nap $1,008,492

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.6. Business Existing Facilities - Summary [a]

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

41
3.1.7. Business Existing Facilities - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$38,984 Air Conditioning Eff. 23 335 302 6,271 11 100 232 0 $44,554

$13,180 Cooking and Laundry 11 8 7 116 2 1 146 348 $1,615

$30,117 Design Assistance 6 74 70 1,103 7 10 0 0 $19,188

$33,932 Hot Water Efficiency 43 96 83 944 14 11 709 2,574 $18,362

$40,716 Hot Water Fuel Switch 32 365 353 9,008 66 44 -1,375 0 $38,519

$1,071,856 Industrial Process Eff. 22 8,716 8,335 119,473 1,729 308 26,241 -34 $334,822

$643,909 Lighting 424 5,774 5,447 74,482 938 954 -4,467 0 $501,084

$550,873 Motors 105 4,049 3,631 54,827 513 553 -92 0 $351,675

$12,982 Other Efficiency 5 80 69 3,054 8 8 0 0 $12,109

$42,244 Other Fuel Switch 15 286 266 5,410 24 51 -939 0 $25,181

$4,353 Other Indirect Activity 17 71 61 120 51 47 0 0 $1,815

$362,370 Refrigeration 65 1,536 1,386 24,459 158 319 -19 0 $131,714

$111,010 Space Heat Efficiency 14 3 3 89 1 1 2,195 0 $3,822

$149,299 Space Heat Fuel Switch 39 429 437 11,319 110 0 -1,526 0 $57,492

$83,862 Ventilation 20 215 188 2,442 31 66 844 0 $52,383

$6 Water Conservation 1 0 0 0 0 0 0 20 $0

22,035 20,639 313,118 3,663 2,473 21,947 2,908 Totals $1,594,334 $3,189,692

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

42
3.1.8. Business Existing Facilities - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$2,780 Barton 5 36 34 332 6 6 -79 0 $2,578

$197,887 Citizens 102 1,260 1,177 19,812 239 101 739 0 $89,940

$1,064,804 CVPS 242 9,525 8,971 142,299 1,611 892 6,754 2,531 $611,366

$90,684 Enosburg Falls 10 327 298 4,934 37 44 -120 0 $28,618

$1,024,011 Green Mountain 209 6,331 5,857 83,966 947 1,073 -2,465 291 $505,053

$14,923 Hardwick 10 101 91 1,461 15 15 -68 0 $13,474

-$60 Hyde Park 1 1 1 9 0 0 -1 0 $152

$3,907 Jacksonville 3 25 23 245 4 4 13 52 $1,925$4,140 Johnson 5 21 20 468 5 1 -43 22 $3,084

$251,226 Ludlow 3 2,112 2,052 24,664 482 0 17,727 0 $82,957

$33,640 Lyndonville 7 233 209 3,678 27 27 -42 0 $16,416

$105,987 Morrisville 5 293 263 4,369 30 48 118 0 $26,456

$19,419 Northfield 4 65 60 1,252 10 12 -22 0 $7,359

$278,200 Orleans 2 1,142 1,073 17,119 162 161 -202 0 $117,757

$0 Rochester 1 2 2 36 0 0 -3 0 $558

$43,084 Stowe 15 57 52 701 10 9 -51 0 $6,797

$3,104 Swanton 6 46 46 1,369 7 6 -54 0 $3,695

$23,436 VT Electric Coop 28 278 251 4,039 45 41 -238 12 $42,534

$12,030 VT Marble 2 86 78 1,252 10 10 -14 0 $12,722

$16,491 Washington Electric 11 95 83 1,113 15 21 -2 0 $20,894

22,035 20,639 313,118 3,663 2,473 21,947 2,908 Totals 671 $1,594,334 $3,189,692

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

43
3.1.9. Business Existing Facilities - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$44,185 Addison 23 508 457 6,620 105 113 -222 0 $47,982

$153,426 Bennington 30 1,099 1,061 16,179 144 86 -210 867 $75,146

$129,559 Caledonia 29 996 943 16,012 134 148 -394 0 $118,646

$694,288 Chittenden 127 3,870 3,624 54,977 586 566 -2,715 114 $313,632

$9,443 Essex 15 105 94 1,428 13 17 26 0 $13,033

$245,362 Franklin 55 1,940 1,749 30,668 241 324 -1,113 0 $139,914

$8,025 Grand Isle 6 53 46 694 7 6 0 0 $9,049

$154,737 Lamoille 34 442 398 7,090 58 68 -55 34 $50,662

$102,124 Orange 22 596 530 8,719 75 101 24 167 $100,255

$449,120 Orleans 98 2,172 2,049 32,907 373 226 519 0 $184,223$293,226 Rutland 64 3,907 3,744 60,274 807 91 7,393 358 $131,223$327,057 Washington 76 2,321 2,163 27,635 353 409 17 143 $151,181

$189,151 Windham 48 1,109 1,003 16,058 162 194 -280 93 $100,560

$389,990 Windsor 44 2,916 2,778 33,858 606 124 18,959 1,133 $158,828

22,035 20,639 313,118 3,663 2,473 21,947 2,908 Totals 671 $1,594,334 $3,189,692

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

44
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $14,372,856

Fossil Fuel Savings (Costs) ($25,742) $1,207,168

Water Savings (Costs) $21,749 $3,657,786

Total ($3,993) $19,237,810

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 20,639 18,824 22,035

 Winter on peak 6,392 5,781 6,930

 Winter off peak 4,032 3,601 4,137

 Summer on peak 6,056 5,609 6,617

 Summer off peak 4,160 3,834 4,352

Coincident Demand Savings (kW)

 Winter 3,545 3,208 3,663

 Shoulder 3,147 2,868 3,235

 Summer 2,349 2,183 2,473

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 3,087 2,908 27,793

Annualized fuel savings (increase) MMBtu 24,428 21,947 137,293

 LP (214) 34 (6,146)

 NG (1,573) (1,386) (27,686)

 Oil/Kerosene 26,437 23,499 174,121

 Wood (222) (200) (2,997)

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) $147,079 $140,648 $1,364,059

Savings at meter

3.1.10. Business Existing Facilities - Total Resource Benefits

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

45
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations nap nap nap nap

# participants with analysis nap nap nap nap

# participants with analysis and installations nap nap nap nap

Services and Initiatives Costs

Operating Costs

 Services and Initiatives nav $192,686 $330,892 $192,686

 Marketing/Business Development nav $49,397 $91,750 $49,397

Subtotal Operating Costs nav $242,083 $422,642 $242,083

Incentive Costs

 Incentives to Participants nav $0 $0 $0

 Incentives to Trade Allies nav $0 $0 $0

 Subtotal Incentive Costs nav $0 $0 $0

Technical Assistance Costs

 Services to Participants nav $169,312 $287,395 $169,312

 Services to Trade Allies nav $0 $0 $0

 Subtotal Technical Assistance Costs nav $169,312 $287,395 $169,312

Total Efficiency Vermont Costs nav $411,395 $710,037 $411,395

Total Participant Costs nav nap nap nap

Total Third Party Costs nav nap nap nap

Total Services and Initiatives Costs nav $411,395 $710,037 $411,395

Annualized MWh Savings nap nap nap nap

Lifetime MWh Savings nap nap nap nap

TRB Savings (2003$) nap nap nap nap

Winter Coincident Peak kW Savings nap nap nap nap

Summer Coincident Peak kW Savings nap nap nap nap

Annualized MWh Savings/Participant nap nap nap nap

Weighted Lifetime nap nap nap nap

Committed Incentives nap nap nap nap

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.11. Business Initiatives - Summary [a]

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

46
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 700 376 nap 376

# participants with analysis 858 1,185 nap 1,185

# participants with analysis and installations 538 376 nap 376

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $226,404 $361,684 $368,572 $361,684

 Marketing/Business Development $218,730 $295,308 $261,787 $295,308

Subtotal Operating Costs $445,134 $656,991 $630,359 $656,991

Incentive Costs

 Incentives to Participants $389,484 $236,192 $350,247 $236,192

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $389,484 $236,192 $350,247 $236,192

Technical Assistance Costs

 Services to Participants $208,152 $305,221 $354,257 $305,221

 Services to Trade Allies $70,689 $22,312 $21,778 $22,312

 Subtotal Technical Assistance Costs $278,841 $327,534 $376,035 $327,534

Total Efficiency Vermont Costs $1,113,459 $1,220,717 $1,356,641 $1,220,717

Total Participant Costs $363,632 $126,851 nav $126,851

Total Third Party Costs $134,411 $233,027 nav $233,027

Total Services and Initiatives Costs $1,611,502 $1,580,595 $1,356,641 $1,580,595

Annualized MWh Savings 1,334 635 nap 635

Lifetime MWh Savings 24,339 11,550 nap 11,550

TRB Savings (2003$) $3,036,366 $2,185,847 nap $2,185,847

Winter Coincident Peak kW Savings 199 102 nap 102

Summer Coincident Peak kW Savings 178 85 nap 85

Annualized MWh Savings/Participant 1.906 1.690 nap 1.690

Weighted Lifetime 18 18 nap 18

Committed Incentives nap nap nap $0

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.12. Residential New Construction - Summary [a]

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

47
3.1.13. Residential New Construction - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$0 Air Conditionin

g Eff. 41 11 9 275 0 32 0 0 $0

$26,784 Cookin

g and Laundry 341 51 39 698 10 7 216 701 $0

$156,770 Hot Water Efficienc

y 315 0 0 3 0 0 2,566 0 $30

$22,987 Li

ghtin

g 368 444 394 8,505 69 36 0 0 $64,275

-$272,450 Other Indirect Activit

y 315 0 0 0 0 0 0 0 $171,552

$8,730 Refri

geration 289 18 15 300 2 2 0 0 $0

$156,750

S

pace Heat Efficienc

y 353 44 35 1,088 14 0 8,465 0 $0

$27,280 Ventilation 326 68 56 680 8 8 0 0 $335

635 549 11,550 102 85 11,247 701 Totals $236,192 $126,851

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

48
3.1.14. Residential New Construction - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$9,366 Citizens 19 30 26 524 5 3 363 60 $8,347

$36,025 CVPS 100 161 139 2,885 26 18 2,751 196 $63,992$58,764 Green Mountain 201 348 300 6,402 56 55 6,470 313 $124,250

$845

H

yde Park 2 4 4 73 1 0 75 0 $2,267

$969

L

yndonville 2 6 5 109 1 0 75 0 $2,237

$657 Morrisville 2 4 3 77 1 0 37 0 $1,116$397 Rochester 1 2 1 29 0 0 37 0 $964

$732 Stowe 2 4 3 68 1 0 75 0 $2,263

$2,929 Swanton 8 15 13 262 2 1 227 20 $6,151

$18,160 VT Electric Coo

p 31 50 42 872 8 6 911 100 $18,884

-$1,993 Washin

gton Electric 8 14 12 249 2 1 225 11 $5,721

635 549 11,550 102 85 11,247 701 Totals 376 $236,192 $126,851

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

49
3.1.15. Residential New Construction - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$979 Addison 4 4 4 69 1 0 39 1 $1,123

$1,681 Bennin

gton 2 4 3 59 1 0 74 0 $1,239

$769 Caledonia 4 9 8 172 2 1 150 1 $4,229

$64,657 Chittenden 228 378 326 6,901 61 57 7,386 374 $140,481

$259 Essex 1 1 1 24 0 0 0 0 $27

$9,636 Franklin 30 49 43 879 8 4 796 71 $20,082

$3,550 Grand Isle 8 11 9 178 2 1 189 11 $4,318$3,221 Lamoille 9 18 16 317 3 1 262 1 $7,922

$2,347 Oran

g

e 3 7 6 125 1 1 77 19 $1,512

$4,081 Orleans 7 12 10 215 2 1 59 29 $659$5,973 Rutland 13 23 20 405 4 3 266 30 $6,656

$8,660 Washin

gton 24 47 41 853 8 5 758 42 $19,261

$4,349 Windham 11 16 14 295 2 4 156 30 $3,362

$16,691 Windsor 32 57 49 1,057 9 8 1,037 91 $25,320

635 549 11,550 102 85 11,247 701 Totals 376 $236,192 $126,851

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

50
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $499,427

Fossil Fuel Savings (Costs) $126,123 $1,634,286

Water Savings (Costs) $5,267 $52,135

Total $131,389 $2,185,848

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 549 543 635

 Winter on peak 158 156 187

 Winter off peak 48 48 55

 Summer on peak 192 190 224

 Summer off peak 151 149 169

Coincident Demand Savings (kW)

 Winter 90 90 102

 Shoulder 79 78 88

 Summer 74 75 85

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 621 701 9,788

Annualized fuel savings (increase) MMBtu 10,702 11,247 278,467

 LP 4,210 4,408 110,054

 NG 3,857 4,041 99,967

 Oil/Kerosene 2,635 2,777 68,415

 Wood 0 0 0

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) $2,395 $2,324 $38,214

Savings at meter

3.1.16. Residential New Construction - Total Resource Benefits

_________________________________________

Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

_________________________________________

51
Prior Year

Current

Year 2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 25,688 25,959 nap 25,959

# participants with analysis nap 0 nap 0

# participants with analysis and installations nap 0 nap 0

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $358,554 $335,321 $254,013 $335,321

 Marketing/Business Development $263,736 $382,347 $377,787 $382,347

Subtotal Operating Costs $622,290 $717,668 $631,799 $717,668

Incentive Costs

 Incentives to Participants $846,998 $730,308 $812,758 $730,308

 Incentives to Trade Allies $609 $12,620 $13,533 $12,620

 Subtotal Incentive Costs $847,607 $742,928 $826,292 $742,928

Technical Assistance Costs

 Services to Participants $0 $0 $0 $0

 Services to Trade Allies $175,152 $269,059 $354,581 $269,059

 Subtotal Technical Assistance Costs $175,152 $269,059 $354,581 $269,059

Total Efficiency Vermont Costs $1,645,049 $1,729,655 $1,812,672 $1,729,655

Total Participant Costs $1,087,851 $1,093,326 nav $1,093,326

Total Third Party Costs $51,089 $120,159 nav $120,159

Total Services and Initiatives Costs $2,783,988 $2,943,140 $1,812,672 $2,943,140

Annualized MWh Savings 12,292 9,901 nap 9,901

Lifetime MWh Savings 109,320 99,828 nap 99,828

TRB Savings (2003$) $8,104,709 $8,492,444 nap $8,492,444

Winter Coincident Peak kW Savings 1,971 1,621 nap 1,621

Summer Coincident Peak kW Savings 1,592 1,366 nap 1,366

Annualized MWh Savings/Participant 0.479 0.381 nap 0.381

Weighted Lifetime 9 10 nap 10

Committed Incentives nap nap nap $0

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.17. Efficient Products - Summary

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52
3.1.18. Efficient Products - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$56,595 Air Conditioning Eff. 3,064 173 149 2,246 0 271 0 0 $95,693

$769,910 Cooking and Laundry 3,810 1,872 1,384 26,205 368 270 4,576 36,224 $193,465

$246,053 Lighting 18,855 7,785 6,132 70,162 1,245 807 0 0 $403,411

$4,300 Refrigeration 1,120 68 59 1,161 8 8 0 0 $27,163

$16,468 Ventilation 248 4 3 54 0 11 0 0 $10,576

9,901 7,727 99,828 1,621 1,366 4,576 36,224 Totals $730,308 $1,093,326

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53
3.1.19. Efficient Products - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$3,809 Barton 69 21 17 245 4 3 17 133 $1,989

$817 Burlington 61 29 23 234 5 4 0 0 $1,190

$48,035 Citizens 1,028 348 271 3,753 57 48 208 1,644 $28,711

$502,831 CVPS 12,495 4,879 3,808 47,674 801 670 2,117 16,758 $344,642

$5,226 Enosburg Falls 173 65 51 751 10 8 19 152 $5,295

$336,973 Green Mountain 7,396 2,756 2,149 28,468 452 388 1,424 11,277 $209,229

$8,260 Hardwick 341 133 104 1,335 21 15 25 200 $9,625$4,330 Hyde Park 97 30 24 368 5 3 19 152 $2,765

$1,669 Jacksonville 22 10 8 115 2 1 6 48 $844$1,408 Johnson 43 16 12 152 3 3 6 48 $1,273

$5,258 Ludlow 192 120 94 967 20 17 19 152 $6,101$9,248 Lyndonville 375 132 104 1,230 21 14 29 228 $8,494

$9,242 Morrisville 255 96 75 1,067 16 13 37 295 $7,347

$5,971 Northfield 137 51 40 517 8 6 28 219 $3,711

$581 Orleans 14 3 2 35 0 1 2 19 $313$513 Readsboro 13 4 3 39 1 1 2 19 $280

$1,901 Rochester 37 14 11 127 2 2 10 76 $860

$9,985 Stowe 174 78 61 735 13 12 44 352 $5,330

$13,536 Swanton 305 109 86 1,178 18 17 56 447 $10,450

$79,797 VT Electric Coop 1,566 514 400 5,438 83 86 334 2,641 $47,827

$2,861 VT Marble 77 23 18 243 4 4 12 95 $2,262

$41,078 Washington Electric 1,089 471 369 5,159 76 51 161 1,273 $31,767

9,901 7,727 99,828 1,621 1,366 4,576 36,224 Totals 25,959 $730,308 $1,093,326

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3.1.20. Efficient Products - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$65,142 Addison 1,662 603 471 5,966 98 77 266 2,109 $44,386$59,955 Bennin

gton 1,178 481 376 5,561 80 73 289 2,290 $35,310

$30,948 Caledonia 1,328 502 393 4,709 80 55 102 808 $32,345

$254,865 Chittenden 4,845 1,638 1,272 16,976 270 257 1,112 8,807 $139,992

$4,707 Essex 143 51 40 526 8 5 19 152 $3,595

$88,582 Franklin 1,900 649 506 7,044 105 97 383 3,031 $58,071$14,685 Grand Isle 279 106 83 1,118 17 16 61 485 $8,657

$45,409 Lamoille 1,141 393 308 4,095 63 72 172 1,359 $36,117$53,803 Oran

g

e 1,242 532 416 5,707 86 61 217 1,720 $38,851

$32,069 Orleans 675 221 172 2,300 36 31 133 1,055 $18,206

$122,009 Rutland 4,317 1,685 1,317 14,483 275 239 479 3,791 $107,480

$123,328 Washin

gton 3,270 1,410 1,105 14,939 230 174 484 3,829 $93,952

$79,571 Windham 1,445 567 441 5,881 95 75 346 2,736 $39,101

$118,254 Windsor 2,534 1,063 827 10,522 176 135 512 4,057 $74,245

9,901 7,727 99,828 1,621 1,366 4,576 36,224 Totals 25,959 $730,308 $1,093,326

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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55
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $5,301,345

Fossil Fuel Savings (Costs) $46,595 $460,458

Water Savings (Costs) $272,248 $2,730,642

Total $318,843 $8,492,444

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 7,727 8,456 9,901

 Winter on peak 2,220 2,435 2,925

 Winter off peak 504 551 631

 Summer on peak 2,947 3,228 3,805

 Summer off peak 2,057 2,240 2,543

Coincident Demand Savings (kW)

 Winter 1,292 1,419 1,621

 Shoulder 1,291 1,416 1,597

 Summer 1,119 1,205 1,366

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 31,648 36,224 509,417

Annualized fuel savings (increase) MMBtu 3,813 4,576 61,389

 LP 1,144 1,144 18,302

 NG 381 381 6,101

 Oil/Kerosene 2,288 2,669 36,986

 Wood 0 0 0

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) $123,443 $134,735 $1,024,238

Savings at meter

3.1.21. Efficient Products - Total Resource Benefits

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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56
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 5,330 1,723 nap 1,723

# participants with analysis 2,373 1,772 nap 1,772

# participants with analysis and installations 2,902 1,723 nap 1,723

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $793,507 $395,669 $387,344 $395,669

 Marketing/Business Development $214,832 $252,145 $232,309 $252,145

Subtotal Operating Costs $1,008,339 $647,814 $619,652 $647,814

Incentive Costs

 Incentives to Participants $1,314,921 $1,066,614 $968,387 $1,066,614

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $1,314,921 $1,066,614 $968,387 $1,066,614

Technical Assistance Costs

 Services to Participants $647,410 $475,413 $477,171 $475,413

 Services to Trade Allies $902 $0 $0 $0

 Subtotal Technical Assistance Costs $648,312 $475,413 $477,171 $475,413

Total Efficiency Vermont Costs $2,971,572 $2,189,841 $2,065,210 $2,189,841

Total Participant Costs $1,413,924 $570,771 nav $570,771

Total Third Party Costs $202,976 $82,183 nav $82,183

Total Services and Initiatives Costs $4,588,472 $2,842,795 $2,065,210 $2,842,795

Annualized MWh Savings 6,299 4,461 nap 4,461

Lifetime MWh Savings 130,214 93,912 nap 93,912

TRB Savings (2003$) $6,121,261 $2,461,606 nap $2,461,606

Winter Coincident Peak kW Savings 1,129 911 nap 911

Summer Coincident Peak kW Savings 514 327 nap 327

Annualized MWh Savings/Participant 1.182 2.589 nap 2.589

Weighted Lifetime 21 21 nap 21

Committed Incentives nap nap nap $0

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.22. Residential Existing Buildings - Summary [a]

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57
3.1.23. Residential Existing Buildings - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$0 Hot Water Efficienc

y 541 236 204 1,760 38 29 72 1,774 $20,583

$157,880 Hot Water Fuel Switch 308 1,290 1,280 38,704 223 142 -4,577 0 $224,443

$0 Li

ghtin

g 1,530 908 837 8,860 147 78 0 0 $343,787

$150 Motors 1 1 1 8 0 2 0 0 $51

$5,512 Refri

geration 446 639 558 3,193 79 76 0 0 $252,068

$3,003

S

pace Heat Efficienc

y 4 13 12 243 3 0 12 0 $1,532

$402,964

S

pace Heat Fuel Switch 168 1,369 1,426 41,064 419 0 -4,779 0 $222,882

$1,263 Ventilation 1 5 5 80 1 1 0 0 $1,268

4,461 4,324 93,912 911 327 -9,273 1,774 Totals $1,066,614 $570,771

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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3.1.24. Residential Existing Buildings - Utility Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs Utility

$2,960 Barton 15 41 39 931 7 4 -101 7 $10,088

$0 Burlin

gton 10040004 $305

$88,948 Citizens 169 539 530 12,968 117 36 -1,336 178 $119,740

$101,473 CVPS 740 1,311 1,227 20,812 239 112 -1,584 861 $372,547

$4,539 Enosbur

g Falls 10 40 39 1,003 7 4 -112 2 $7,464

$303,194 Green Mountain 481 1,766 1,775 44,079 398 106 -4,938 351 $332,096

$2,179 Hardwick 27 49 44 857 8 5 -59 36 $17,042

$0

H

yde Park 11 29 25 644 7 1 -57 0 $9,405

$1,152 Jacksonville 2 7 7 151 2 0 -16 0 $1,662

$6,335 Johnson 10 33 32 766 7 2 -67 16 $10,346

$34,518 Ludlow 15 104 109 2,850 30 1 -309 0 $20,195

$997

L

yndonville 28 65 56 1,100 10 7 -79 75 $20,880

$8,000 Morrisville 18 45 42 942 9 3 -83 14 $11,350

$1,007 Northfield 13 33 29 569 5 4 -44 7 $11,211

$0 Orleans 4 7 6 66 1 1 0 17 $1,942$0 Readsboro 10010000 $143

$0 Rochester 4 3 3 21 0 0 0 0 $928

$715 Stowe 5 11 11 171 2 1 -16 4 $2,044

$3,174 Swanton 22 49 45 946 8 5 -80 54 $12,589

$11,580 VT Electric Coo

p 96 232 216 4,020 39 24 -349 120 $67,537

$0 VT Marble 5 8 9 61 1 1 0 0 $3,685$0 Washin

gton Electric 46 88 80 951 13 9 -43 29 $33,415

4,461 4,324 93,912 911 327 -9,273 1,774 Totals 1,723 $1,066,614 $570,771

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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3.1.25. Residential Existing Buildings - County Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs County

$12,148 Addison 65 131 129 2,367 27 10 -205 222 $31,320

$25,551 Bennin

gton 79 166 153 2,475 29 14 -193 0 $49,712

$9,662 Caledonia 193 291 263 4,939 48 28 -385 251 $87,864

$186,594 Chittenden 285 999 1,035 26,432 215 71 -3,137 233 $167,529

$0 Essex 35 84 72 1,330 13 9 -89 110 $28,569

$49,258 Franklin 109 352 343 8,157 70 28 -808 184 $70,869$17,392 Grand Isle 25 87 88 2,094 22 3 -213 49 $13,484$18,424 Lamoille 71 204 188 4,164 39 16 -361 34 $59,536

$0 Oran

g

e 71 153 137 1,801 23 16 -79 50 $58,961

$63,545 Orleans 157 441 426 9,760 87 35 -992 127 $112,314

$23,900 Rutland 201 374 362 6,046 72 32 -472 256 $109,253

$32,319 Washin

gton 134 352 333 6,849 73 24 -605 64 $97,298

$93,329 Windham 168 526 515 11,815 128 24 -1,218 103 $105,474$38,649 Windsor 130 301 281 5,682 65 18 -516 91 $74,431

4,461 4,324 93,912 911 327 -9,273 1,774 Totals 1,723 $1,066,614 $570,771

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60
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $3,757,409

Fossil Fuel Savings (Costs) ($87,289) ($1,394,668)

Water Savings (Costs) $13,277 $98,865

Total ($74,012) $2,461,606

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 4,324 3,858 4,461

 Winter on peak 1,479 1,295 1,553

 Winter off peak 570 493 566

 Summer on peak 1,283 1,165 1,374

 Summer off peak 992 905 1,027

Coincident Demand Savings (kW)

 Winter 916 798 911

 Shoulder 607 542 612

 Summer 312 289 327

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 1,791 1,774 15,976

Annualized fuel savings (increase) MMBtu (11,107) (9,273) (279,812)

 LP (2,978) (2,420) (73,161)

 NG (3,064) (2,478) (74,829)

 Oil/Kerosene (5,065) (4,374) (131,823)

 Wood 0 0 0

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) ($10,854) ($7,778) ($542,504)

Savings at meter

3.1.26. Residential Existing Buildings - Total Resource Benefits

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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61
Prior Year

Current Year 

2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations nap nap nap nap

# participants with analysis nap nap nap nap

# participants with analysis and installations nap nap nap nap

Services and Initiatives Costs

Operating Costs

 Services and Initiatives nav $78,484 $107,885 $78,484

 Marketing/Business Development nav $12,555 $23,737 $12,555

Subtotal Operating Costs nav $91,039 $131,622 $91,039

Incentive Costs

 Incentives to Participants nav $0 $0 $0

 Incentives to Trade Allies nav $0 $0 $0

 Subtotal Incentive Costs nav $0 $0 $0

Technical Assistance Costs

 Services to Participants nav $18,529 $79,400 $18,529

 Services to Trade Allies nav $0 $0 $0

 Subtotal Technical Assistance Costs nav $18,529 $79,400 $18,529

Total Efficiency Vermont Costs nav $109,568 $211,022 $109,568

Total Participant Costs nav nap nap nap

Total Third Party Costs nav nap nap nap

Total Services and Initiatives Costs nav $109,568 $211,022 $109,568

Annualized MWh Savings nap nap nap nap

Lifetime MWh Savings nap nap nap nap

TRB Savings (2003$) nap nap nap nap

Winter Coincident Peak kW Savings nap nap nap nap

Summer Coincident Peak kW Savings nap nap nap nap

Annualized MWh Savings/Participant nap nap nap nap

Weighted Lifetime nap nap nap nap

Committed Incentives nap nap nap nap

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

3.1.27. Residential Initiatives - Summary [a]

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Efficiency Vermont's 2003 Annual Report and Annual Energy Savings Claim

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62
Appendices

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4.1. CUSTOMER CREDIT PROGRAM 

4.1.1. NARRATIVE 

The Customer Credit program (CCP) provides an alternative program path for large 

businesses that meet program eligibility criteria. The program enables customers with the 

capability and resources to identify, analyze, and undertake efficiency projects and selfimplement energy efficiency measures with financial assistance from Efficiency Vermont 

(EVT). CCP customers can apply for financial incentives for any retrofit or marketdriven project that saves electrical energy and passes the Vermont societal costeffectiveness test. Once a customer elects to participate in CCP, that customer is no 

longer eligible to participate in other EVT programs. 

All projects must be customer initiated. In addition, the customer or its contractors must 

complete all technical analysis. Customers can receive cash incentives capped at 70% of 

their projected two-year contribution to the statewide energy efficiency fund at any time. 

Customers can draw on contributions from the current year and either the previous or 

ensuing year. Market-driven projects are eligible for incentives equal to 100% of the 

incremental measure cost. For retrofit projects, customers can receive incentives that 

reduce the customer payback time to 18 months. 

Eligible Market 

To be eligible for CCP, customers must: 

• Never have accepted cash incentives from any Vermont utility Demand Side 

Management (DSM) program; 

• Show a corporate commitment to energy efficiency by participation in the United 

States Environmental Protection Agency’s Climate Wise program, or currently active 

similar program as determined by the PSB; and 

• Have ISO 14001 certification. 

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65
Prior Year

Current

Year 2003

* Projected 

Year 2003

Cumulative

starting

1/1/03

# participants with installations 1 1 nap 1

# participants with analysis 0 0 nap 0

# participants with analysis and installations 0 0 nap 0

Services and Initiatives Costs

Operating Costs

 Services and Initiatives $61,709 $17,177 $27,259 $17,177

 Marketing/Business Development $0 $0 $0 $0

Subtotal Operating Costs $61,709 $17,177 $27,259 $17,177

Incentive Costs

 Incentives to Participants $426,893 $305,184 $590,783 $305,184

 Incentives to Trade Allies $0 $0 $0 $0

 Subtotal Incentive Costs $426,893 $305,184 $590,783 $305,184

Technical Assistance Costs

 Services to Participants $0 $2,709 $4,023 $2,709

 Services to Trade Allies $0 $0 $0 $0

 Subtotal Technical Assistance Costs $0 $2,709 $4,023 $2,709

Total Efficiency Vermont Costs $488,602 $325,069 $622,064 $325,069

Total Participant Costs $0 $9,240 nap $9,240

Total Third Party Costs $0 $0 nap $0

Total Services and Initiatives Costs $488,602 $334,310 $622,064 $334,310

Annualized MWh Savings 2,194 4,541 nap 4,541

Lifetime MWh Savings 28,603 68,132 nap 68,132

TRB Savings (2003$) $1,343,407 $2,818,752 nap $2,818,752

Winter Coincident Peak kW Savings 252 508 nap 508

Summer Coincident Peak kW Savings 251 504 nap 504

Annualized MWh Savings/Participant 2,194 4,541 nap 4,541

Weighted Lifetime 13 15 nap 15

Committed Incentives nap nap nap $0

* Annual projections are estimates only and provided for informational purposes.

The Efficiency Vermont contract is based on three-year cumulative budgets and savings goals.

4.1.2. Customer Credit - Summary

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66
4.1.3. Customer Credit - End Use Breakdown

# of

Participants

Net

MWH

Saved

Gross

 MWH

Saved

Net

Lifetime

 MWH

Saved

Net

Winter

KW

Saved

Net

Summer

KW

 Saved

Net

 Other 

Fuel

 MMBTU

Net

Water

 CCF

 Saved

Participant

 Incentives

Paid

Participant

Costs End Use

$0 Design Assistance 1 0 0 0 0 0 0 0 $1,552

$0 Industrial Process Eff. 1 2,551 2,190 38,267 286 283 0 0 $108,215

$9,240 Lighting 1 20 17 314 2 2 -17 0 $3,329

$0 Motors 1 1,970 1,691 29,551 220 219 0 0 $192,088

4,541 3,898 68,132 508 504 -17 0 Totals $305,184 $9,240

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67
2003

Lifetime (Present 

Value)

Avoided Cost of Electricity nap $2,820,364

Fossil Fuel Savings (Costs) ($121) ($1,613)

Water Savings (Costs) $0 $0

Total ($121) $2,818,752

Savings at Generation

Gross Net Net

Annualized Energy Savings (MWh): Total 3,898 3,898 4,541

 Winter on peak 858 858 1,028

 Winter off peak 429 429 493

 Summer on peak 1,248 1,248 1,472

 Summer off peak 1,364 1,364 1,549

Coincident Demand Savings (kW)

 Winter 445 445 508

 Shoulder 445 445 502

 Summer 445 445 504

Gross Net Net Lifetime Savings

Annualized Water Savings (ccf) 0 0 0

Annualized fuel savings (increase) MMBtu (17) (17) (342)

 LP 0 0 0

 NG 0 0 0

 Oil/Kerosene (17) (17) (342)

 Wood 0 0 0

 Solar 0 0 0

 Other 0 0 0

Annualized savings (increase) in O&M($) ($33) ($33) ($660)

Savings at meter

4.1.4. Customer Credit - Total Resource Benefits

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68
4.2. DEFINITIONS AND END NOTES 

4.2.1. ANNUAL REPORT TABLES OVERVIEW 

1 – Section 4.2.2. includes a list of definitions for items in the Annual Report tables. Section 4.2.3. 

includes notes for specific items in the tables. Section 4.2.4. provides a description of the remapping of Efficiency Vermont (EVT) Core Programs (2000-2002) to EVT Core Market Services 

and Initiatives (2003-2005). 

2 - Data items for which data is not available are labeled “nav”. Data items for which data is not 

applicable are labeled “nap”. 

3 - Except where noted, EVT expenditures data in this report were incurred during the period 

January 1, 2003 through December 31, 2003. Similarly, measure savings are for measures installed 

during the period January 1, 2003 through December 31, 2003. 

4 - EVT costs include an operating fee of 1.45%, as specified in the EVT contract. 

5 - Data for “Incentives to Participants” in Tables 2.1.2., 2.1.3., 2.1.8., 2.1.12., 3.1.1., 3.1.6., 

3.1.11., 3.1.12., 3.1.17., 3.1.22., 3.1.27., 4.1.2. are based on financial data from Vermont Energy 

Investment Corporation's (VEIC) accounting system, MAS90. “Participant Incentives Paid” and 

“EVT Incentives” on all other tables are based on data entered in EVT’s FastTrack tracking system 

and include the operating fee cited above. 

6 - “Annualized MWh Savings (adjusted for measure life)”, “Winter Coincident Peak kW Savings 

(adjusted for measure life)” and “Summer Coincident Peak kW Savings (adjusted for measure 

life)” on Tables 2.1.2. and 2.1.3. are provided for informational purposes only. This data includes 

only savings for measures that have not yet expired during the reporting period. It excludes 

savings for measures that have reached the end of their specified lifetime. 

7 - Program Planning costs have been rolled into “Services and Initiatives” for 2003-2005. For 

2000-2002, Program Planning costs were reported as a separate line item. In Table 2.1.2. and 

Table 2.1.3, Program Planning costs refer to data reported prior to 2003.

8 – Multifamily costs and savings are reported under “Current Year 2003” and “Cumulative 

starting 1/1/03” on Tables 2.1.8., 3.1.1., 3.1.6. (Business tables) and under “Prior Year” on Tables 

2.1.12, 3.1.12. (Residential tables) because multifamily data were reported in the Residential 

Energy Services sector for 2000-2002 and in Business Energy Services for 2003-2005. See Section 

4.2.2. for Re-Mapping of Programs to Market Services and Initiatives. 

9 – “Prior Year” data in the 2003 Annual Report correspond to 2002 Core Program data. Since 

2002 Core Programs do not match 2003 Core Market Services and Initiatives, an effort has been 

made so that “Prior Year” data is consistent with “Current Year” data which allows a fair 

comparison of data between time periods. Below is a guide showing 2003 Annual Report data 

tables to the left with corresponding 2002 Core Programs data to the right for the “Prior Year” 

column.

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69
2003-2005 Annual Report Table 2002 Core Program

3.1.1. Business New Construction CEO New Construction Program 

3.1.6. Business Existing Facilities CEO Market Opportunities Program 

+ C&I Emerging Market Program 

 

3.1.11. Business Initiatives No “Prior Year” data reported 

 

3.1.12. Residential New Construction Residential New Construction Program 

 

3.1.17. Efficient Products Efficient Products Program 

3.1.22. Residential Existing Buildings Low Income Multifamily Program 

+ Low Income Single Family Program 

+ Residential Emerging Markets Program 

 3.1.27. Residential Initiatives No “Prior Year” data reported 

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4.2.2. DEFINITIONS AND REPORT TEMPLATE 

The tables that appear in the EVT Annual Report 2003 were developed as a collaborative effort 

between EVT, the Vermont Department of Public Service, the Energy Efficiency Utility Contract 

Administrator and Burlington Electric Department. Two major table formats, markets and services 

summary and breakdown tables are used throughout the report. The definitions of the data reported 

in these tables are provided on the pages that follow. Data items identified with a number and 

parenthesis are identified in the narrative that follows. 

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Prior 

Year

Current

Year 

2003

Projected 

Year 

2003

Cumulative 

starting 

1/1/03

Cumulative 

starting 

3/1/00

 (1) (2) (3) (4) (5)

# participants with installations (6) 

# participants with analysis (7) 

# participants with analysis and 

installations (8) 

 

Services and Initiatives Costs 

Operating Costs 

 Administration (9) 

 Services and Initiatives (10) 

 Program Planning (11) 

 Marketing/Business Development (12) 

 Information Systems (13) 

Subtotal Operating Costs (14) 

 

Incentive Costs 

 Incentives to Participants (15) 

 Incentives to Trade Allies (16) 

Subtotal Incentive Costs (17) 

 

Technical Assistance Costs 

 Services to Participants (18) 

 Services to Trade Allies (19) 

Subtotal Technical Assistance Costs (20) 

 

Total Efficiency Vermont Costs (21) 

 

Total Participant Costs (22) 

Total Third Party Costs (23) 

Total Services and Initiatives Costs (24) 

 

Annualized MWh Savings (25) 

Lifetime MWh Savings (26) 

TRB Savings (2003$) (27) 

Winter Coincident Peak kW Savings (28) 

Summer Coincident Peak kW Savings (29) 

Annualized MWh Savings/Participant (30) 

Weighted Lifetime (31) 

 

Committed Incentives (32) 

 

Annualized MWh Savings (adjusted for 

measure life) (33) 

Winter Coincident Peak kW Savings 

(adjusted for measure life) (34) 

Summer Coincident Peak kW Savings 

(adjusted for measure life) (35) 

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X.X.X. Breakdown Report 

End

Use 

# of 

Participants 

Net 

MWH 

Saved 

Gross 

MWH 

Saved 

Net 

Lifetime 

MWH 

Saved 

Net 

Winter 

KW 

Saved 

Net 

Summer 

KW 

Saved 

Net 

Other 

Fuel

MMBTU 

Net 

Water 

CCF

Saved 

Participant 

Incentives 

Paid

Participant 

Costs 

(36) (37) (38) (39) (40) (41) (42) (43) (44) (45)

Footnotes for the report table templates: 

(1) Activity for the prior reporting year. Multifamily costs and savings are reported in Residential Energy Services for 

2000-2002 and in Business Energy Services in 2003-2005. See Section 4.2.4. RE-MAPPING of PROGRAMS TO 

MARKET SERVICES AND INITIATIVES. 

(2) Activity for the current reporting year. For savings this figure will be the estimated savings for measures actually 

implemented for the current report period. Savings are reported in MWh, at generation and net of all approved 

adjustment factors, except as otherwise noted. 

(3) Projected costs for Year 2003 are estimates only and provided for informational purposes. The EVT contract is 

based on three-year cumulative budgets and savings goals, therefore EVT does not have annual budget or annual 

savings goals. 

(4) Data reported for the contract period starting January 1, 2003 through December 31, 2003.

(5) Data reported for the contract period starting March 1, 2000 through December 31, 2003. 

(6) Number of customers with installed measures. For the period 2000-2002, “# participants with installations” is 

counted by summing unique utility premises for all but multifamily projects. For multifamily projects, “# participants 

with installations” is counted by summing unique dwelling units. For “Current Year 2003”, “# participants with 

installations” is counted by summing unique project sites for all projects. Under “Cumulative starting 1/1/03”, 

customers are counted once, regardless of the number of times this customer participates in EVT services during 2003-

2005. Under “Cumulative starting 3/1/00”, a customer will be counted twice if that customer has received EVT 

services during 2000-2002 and again in 2003-2005. 

(7) Number of customers with custom analysis during the current report period. This reflects the number of customers 

that initiated a new custom project during the reporting period and where measures may not have been installed. 

(8) Number of customers who had analysis at any time and have installed measures during the reporting period. This 

reflects the number of customers that completed a custom project during the reporting period. 

(9) Costs include general management, budgeting, financial management and management of the requirements of the 

EVT contract. These costs are not broken out by market. This cost category is included on Tables 2.1.2., 2.1.3 only. 

(10) Management and other management related costs directly associated with implementation work. 

(11) Costs related to program design, planning, program screening and other similar functions. Program Planning costs 

refer to data reported prior to 2003. 

(12) Costs related to marketing, outreach, customer service and business development. 

(13) Costs related to Information Systems development and maintenance. These costs are not broken out by market. 

This cost category is included on Tables 2.1.2., 2.1.3 only. 

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(14) Subtotal of all operating costs detailed in the categories above (9) + (10) + (11) + (12) + (13). 

(15) Direct payments to participants to defray the costs of specific efficiency measures. 

(16) Incentives paid to manufacturers, wholesalers, builders, retailers or other non-customer stakeholders that do not 

defray the costs of specific efficiency measures. 

(17) Subtotal reflecting total incentive costs, (15) + (16). 

(18) Costs related to conducting analyses, preparing the package of efficiency measures, contract management and 

post-project follow-up. 

(19) Costs related to educational or other support services provided to entities other than individual participants, such 

as trade allies, manufacturers, wholesalers, builders, and architects. 

(20) Subtotal reflecting total technical assistance costs, (18) + (19). 

(21) Total costs incurred by Efficiency Vermont. All costs in nominal dollars, (14) + (17) + (20). 

(22) Total costs incurred by participants related to EVT or utility activities. This category includes the participant 

contribution to the capital costs of installed measures and to specific demand-side-management (DSM) -related 

services, such as technical assistance or energy ratings. 

(23) Total costs incurred by third parties (i.e., entities other than EVT, utilities and participants) directly related to EVT 

or utility DSM activities. This category includes contributions by third parties to the capital costs of installed measures 

and to specific DSM-related services, such as technical assistance or energy ratings. 

(24) Total cost of services and initiatives, (21) + (22) + (23). 

(25) Annualized MWh savings at generation, net of all approved adjustment factors (e.g., free riders, spill over, line 

loss) for measures installed during the current report period. 

(26) Lifetime estimated MWh savings for measures installed during the current reporting year, at generation and net of 

all approved factors. (Typically, estimated annualized savings times the life of the measure). 

(27) Total Resource Benefits (TRB) savings for measures installed during the current reporting year. TRB includes 

gross electric benefits, fossil fuel savings and water savings. It is stated in 2003 dollars throughout the entire report. 

Prior year data have been adjusted for 2003 dollars by escalating the pre-2003 TRB by 6.8% discount rate for 3 years 

and inflating TRB by 7.62% (% CPI change July 2000 - July 2003) to convert to 2003 dollars. 

(28) Estimated impact of measures at time of winter system peak, at generation, net of adjustment factors. 

(29) Estimated impact of measures at time of summer system peak, at generation, net of adjustment factors. 

(30) Annualized MWh savings per participant, net at generation, (25) / (6). 

(31) Average lifetime, in years, of measures weighted by savings, (26)/(25). 

(32) Incentives which are not yet paid to a customer but where there is a signed contract as of December 31, 2003 for 

projects which will complete after December 31, 2003.

(33) Adjusted Annualized MWh savings at generation and net of all approved adjustment factors (e.g., free riders, spill 

over, line loss) for measures installed during the current report period. This data includes only savings for measures 

that have not yet expired during the reporting period. It excludes savings for measures that have reached the end of 

their specified lifetime. 

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(34) Adjusted impact of measures at time of winter system peak, at generation, net of adjustment factors. This data 

includes only savings for measures that have not yet expired during the reporting period. It excludes savings for 

measures that have reached the end of their specified lifetime. 

(35) Adjusted impact of measures at time of summer system peak, at generation, net of adjustment factors. This data 

includes only savings for measures that have not yet expired during the reporting period. It excludes savings for 

measures that have reached the end of their specified lifetime. 

Items 36-45 reflect installed measures for the current reporting period. 

(36) Number of customers with installed measures within the end use, utility or county grouping. 

(37) Annualized MWh savings at generation, net of all approved adjustment factors (e.g., free riders, spill over, line 

loss) for measures installed during the current report period. This number is the same as that reported on line (25). 

(38) Annualized MWh savings, gross at the customer meter. 

(39) Lifetime estimated MWh savings for measures installed during the current reporting period, at generation and net 

of all approved factors. This number is the same as that reported on line (26). 

(40) Estimated impact of measures at time of winter system peak, at generation, net of adjustment factors. This number 

is the same as reported on line (28). 

(41) Estimated impact of measures at time of summer system peak, at generation, net of adjustment factors. This 

number is the same as that reported on line (29). 

(42) MMBtu estimated to be saved (positive) or used (negative) for alternative fuels as a result of measures installed in 

the end use. 

(43) Water saved (positive) or used (negative) due to measures installed in the end use. 

(44) Incentive EVT pays to participants for measures installed. This number is the same as that reported on line (15). 

See note 5 in Section 4.2.1. for difference in source data in reporting (15) and (44). 

(45) Costs incurred by participants related to EVT or utility activities. This number is the same as that reported on line 

(22).

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4.2.3. TABLE END NOTES 

2.1.2., 2.1.3., 2.1.8., 2.1.12., 3.1.1., 3.1.6., 3.1.11., 3.1.12., 3.1.22., 3.1.27.

[a] As a result of the redesign of EVT’s service offerings for 2003-2005, Core Programs have been 

reorganized into Core Market Services and Initiatives as described in the VEIC Contract 

Attachment I, Section II. To make sense of the new configuration, see Section 4.2.4. REMAPPING of PROGRAMS TO MARKET SERVICES AND INITIATIVES. 

2.1.2. Services and Initiatives including Customer Credit, 2.1.3. Services and Initiatives 

including Customer Credit 

[b] The number of participants in Tables 2.1.2. and 2.1.3. in column “Cumulative starting 3/1/00” 

represents an aggregate for 2000-2002 (determined by summing unique utility premises) and for 

2003-2005 (determined by summing unique project sites). The different participant counting 

methodologies as approved by the Contract Administrator and the Vermont Department of Public 

Service results in an overstatement of the participants who installed measures in both the 2000-

2002 period and the 2003-2005 period. For 2003, this overstatement is approximately 8% (8,000) 

of the reported cumulative participants. 

2.1.7. Efficiency Vermont Services & Initiatives – Total Resource Benefits 

[a] Net lifetime water savings is the net annual measure water savings times the measure lifetime 

and net lifetime fossil fuel savings is the net annual measure fossil fuel savings times the measure 

lifetime. 

2.1.18. Cumulative Distributions by Utility Service Territory

[a] BED administers its own services and initiatives and reports separately to the Vermont Public 

Service Board. The charges paid by BED represent contributions towards EVT emerging markets 

initiatives, EVT Services costs and some incidental services provided by EVT in the BED service 

territory. 

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4.2.4. RE-MAPPING of PROGRAMS TO MARKET SERVICES AND INITIATIVES 

As a result of the redesign of EVT’s service offerings in 2003-2005, EVT Core Programs have 

been reorganized into EVT Core Market Services and Initiatives. The reasons for this 

reorganization from “Programs” to “Services and Initiatives”, as stated in the Contract, are the 

following: to align EVT’s activities more closely with customer’s needs, to establish a more 

comprehensible segmentation of the markets in order to improve the delivery of services, for 

improved reporting and market assessment, to ameliorate coordination between current program 

offerings and align EVT’s work more closely with its internal management structure. 

Following is a diagram of the 2000-2002 Core Programs and their relationship to the 2003-2005 

Core Market Services and Initiatives. Core Programs under 2000-2002 and Core Market Services 

and Initiatives under 2003-2005 are in bold font. Tracks are in regular font. 

2000-2002 Core Programs 2003-2005 Core Market Services & Initiatives

C&I Emerging Markets Initiatives Business Initiatives

Initiatives

C&I Retrofit

CEO Market Opportunities Business Existing Facilities

C&I Retrofit

Low Income Multifamily C&I Equipment Replacement

Low Income Multifamily Retrofit Low Income Multifamily Retrofit 

Low Income Multifamily New Construction

Business New Construction

CEO New Construction Low Income Multifamily New Construction

C&I New Construction

Multifamily Market Rate New Construction 

Residential New Construction Residential New Construction 

Multifamily homes Single Family homes

Single Family homes

Efficient Products Program Efficient Products

 

Residential Emerging Markets Initiatives Residential Initiatives

Initiatives

Targeted High Use Retrofit Residential Existing Buildings

Residential Retrofit

Low Income Single Family Low Income Single Family

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