Regional Energy Efficiency Acquisition Progress Report (Updated February 2022)
The data below illustrates the actual energy efficiency acquired during FY2022 compared to utility customer forecasts, as well as EE’s progress towards the fiscal year acquisition goal necessary to meet BPA’s EE Action Plan goals. Because there is a lag between measure/project completion and reporting, this information is preliminary and not a comprehensive indication of our regional progress at any given time.
The data are based upon regional programmatic energy savings.1 BPA asks its 10 largest utility customers to forecast their EEI-funded2 and utility self-funded savings on a quarterly basis, and BPA estimates savings for all other customers based on their EEI budgets and an average cost per kWh. The forecasts are aggregated and compared to actual savings from invoices approved by BPA. Forecasted and actual savings are dated based on when measures are completed, not when they are reported to BPA. Actual savings include unallocated 3rd party savings and savings from Energy Smart Reserve Power.
For FY2022, the year-end savings goal was 38 aMW, and the utility forecast is 60 aMW. Actual savings of 3 aMW have been reported to date.
The FY2022 self-funded savings goal was 30% of the FY2021 regional savings goal of 38 aMW, or 11.4 aMW. The FY2022 self-funded savings forecast is 23.1 aMW. Actual self-funded savings of 0.4 aMW have been reported to date.
Three utilities account for most of the reported self-funded savings.
2EEI is the Energy Efficiency Incentive funding that BPA provides to utilities to acquire energy conservation. For the FY 2022-23 rate period, BPA established an EEI budget to achieve 70% of the savings needed to meet BPA’s savings goal, assuming that utility self-funding in aggregate would provide 30% of the savings.