| HI | Hawaiian Electric | 1) Energy (kWh) savings beyond the energy efficiency program administrator (Hawaii Energy’s) annual target 2) Peak demand reduction beyond Hawaii Energy’s annual target, measured in kilowatts (kW) 3) Number of customers served beyond Hawaii Energy’s annual target | Upside-only reward worth 50% of the projected benefits for each kWh saved and peak kW reduced, as well as 50% of the targeted first-year bill savings ($) from the eligible program divided by target number of customers (with a $2M cap on total incentives) |
|---|---|---|---|
| MA | All investor-owned utilities in the state | Percentage of planned energy efficiency portfolio equity benefits in 60 target communities | Incentives are pooled together into a statewide pool and then allocated as an upside incentive to each utility based on their share of the net benefits for all four components of the PIM (of which the equity component is one) |
| NY | Orange & Rockland, National Grid, Central Hudson | Annual savings for each company’s electric and gas LMI energy efficiency portfolio | Upside-only ROE based incentive (All utilities: 1 to 5 bps depending on achievement) |
| NJ | All investor-owned utilities in the state | Verified lifetime energy savings from completed measures for low-to-moderate income (LMI) and overburdened customers (OBC) | Symmetrical ROE adjustment applied to each utility's energy efficiency program investment, ranging from +50 to -400 bps for performance against all 6 metrics of this PIM (of which the LMI and OBC metric is one) |
| DC | DC Sustainable Energy Utility | Percent of total expenditures dedicated to improving the energy efficiency and renewable capacity of low-income housing, shelters, buildings, etc. | Symmetrical, fixed reward worth up to +/- $500K |
| CO | Xcel | 1) Number of EV charging ports installed in LMI and underserved communities 2) Number of EV rebates issued for LMI and underserved customers | Upside-only, fixed reward of $200-$5,300 per port installed (depending on the port type) and $500 for each rebate issued (with a total incentive cap of $1.5M) |
| IL | ComEd, Ameren | Percent of total spending associated with diverse contractors | Symmetrical ROE basis point incentive of +/- 3 bps (both utilities) |
