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How to Calculate the Effectiveness of Energy Efficiency Programs
In How to Calculate the Effectiveness of Energy Efficiency Programs, you'll learn ...
- How to assess the cost-effectiveness of energy efficiency programs using five widely accepted cost-effectiveness tests
- How these tests are used in practice, highlighting differences in results based on program design, assumptions, and regional policy goals
- Guidance on interpreting results, considering non-energy benefits, accounting for avoided costs, and understanding the influence of discount rates
- How regulatory agencies select and emphasize specific tests based on broader policy priorities
Overview
Preview a portion of this course before purchasing it.
Credit: 4 PDH
Length: 57 pages
This course offers a detailed exploration of how to assess the cost-effectiveness of energy efficiency programs, equipping professionals with the tools to make informed decisions about energy investment strategies. It introduces five widely accepted cost-effectiveness tests: the Participant Cost Test (PCT), Program Administrator Cost Test (PACT), Ratepayer Impact Measure (RIM), Total Resource Cost Test (TRC), and Societal Cost Test (SCT).
Each test is examined from a unique stakeholder perspective—participants, utilities, ratepayers, all customers, and society as a whole. The course demonstrates how these tests are used in practice, highlighting differences in results based on program design, assumptions, and regional policy goals.
Real-world utility program examples help contextualize the application of each test, and the course provides guidance on interpreting results, considering non-energy benefits, accounting for avoided costs, and understanding the influence of discount rates. It also explores how regulatory agencies select and emphasize specific tests based on broader policy priorities such as equity, environmental impact, and financial viability.
Additional focus is placed on measure-level versus portfolio-level analysis, net-to-gross adjustments, and the treatment of greenhouse gas reductions. By completing this course, learners will gain a comprehensive framework to evaluate the full value and impact of energy efficiency programs.
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify the five primary tests used to evaluate energy efficiency programs.
- Calculate the benefits and costs of energy efficiency programs.
- Apply each of the five cost-effectiveness tests.
- Explain the interrelationships among the five cost-effectiveness tests.
- Categorize the benefits and costs associated with each test.
- Describe considerations related to avoided costs and integrated resource planning (IRP).
- Calculate the net present value (NPV) of a project.
Certificate of Completion
You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 30 questions. PDH credits are not awarded until the course is completed and quiz is passed.
| This course is applicable to professional engineers in: | ||
| Alabama (P.E.) | Alaska (P.E.) | Arkansas (P.E.) |
| Delaware (P.E.) | District of Columbia (P.E.) | Florida (P.E. Area of Practice) |
| Georgia (P.E.) | Idaho (P.E.) | Illinois (P.E.) |
| Illinois (S.E.) | Indiana (P.E.) | Iowa (P.E.) |
| Kansas (P.E.) | Kentucky (P.E.) | Louisiana (P.E.) |
| Maine (P.E.) | Maryland (P.E.) | Michigan (P.E.) |
| Minnesota (P.E.) | Mississippi (P.E.) | Missouri (P.E.) |
| Montana (P.E.) | Nebraska (P.E.) | Nevada (P.E.) |
| New Hampshire (P.E.) | New Jersey (P.E.) | New Mexico (P.E.) |
| New York (P.E.) | North Carolina (P.E.) | North Dakota (P.E.) |
| Ohio (P.E. Self-Paced) | Oklahoma (P.E.) | Oregon (P.E.) |
| Pennsylvania (P.E.) | South Carolina (P.E.) | South Dakota (P.E.) |
| Tennessee (P.E.) | Texas (P.E.) | Utah (P.E.) |
| Vermont (P.E.) | Virginia (P.E.) | West Virginia (P.E.) |
| Wisconsin (P.E.) | Wyoming (P.E.) | |
Preview a portion of this course before purchasing it.
Credit: 4 PDH
Length: 57 pages
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