Transcript A Brief Energy Trust Primer • Product of 1996 Regional Review and 1999 Oregon Legislation establishing a 3% public purpose charge on two.

A Brief Energy Trust Primer
• Product of 1996 Regional Review and 1999 Oregon
Legislation establishing a 3% public purpose charge on
two electric investor owned utilities
• A 501(c)(3) nonprofit organization investing
~$48.5M/year to:
– Acquire cost-effective electric efficiency/conservation savings
– Contribute up to 100% of renewable energy project above
market costs
• Separate public purpose charge for residential and
commercial customer programs for 3 gas utilities =
+$10.4M
• ~1.4M Oregon electricity and gas customers with annual
savings of 25-28 aMW and
1.2M therms
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What We Offer
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Stable, consistent funding
Comprehensive services
Objective energy information
Technical information and support
Financial incentives
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Energy Trust Mission
To change how
Oregonians produce
and use energy by
investing in efficient
technologies and
renewable resources
that save dollars and
protect the
environment.
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Initial 10-Year Strategic Goals
1. Save 300 average megawatts of electricity and 21 million
therms of natural gas by 2012
2. Provide 10% of Oregon’s electricity from renewable
sources by 2012
3. Expand participation by those previously underserved
4. Support growth of the clean energy industry
5. Encourage Oregonians to incorporate energy efficiency
and renewable energy into their daily lives
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Cumulative Accomplishments
• Saved and generated over 1.2 billion kWh of electricity
• Saved over 4 million annual therms of natural gas
• Generated 16.8 aMW by renewables; +40 aMW online in
‘07
• Served 220,000 consumers
• Retrofitted 70,000 residences and 4,000 commercial
buildings
• Constructed 2,400 Energy Star homes and 440
commercial buildings
• Improved efficiency at 570 industrial sites
• Installed 1,000 electric and solar water systems
• Provided incentives for 95,000 efficient clothes washers
• Sold 530,000 CFL packages
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Organization Structure
Oregon Public
Utility
Commission
Policy, Finance,
Strategic
Planning, and
Audit Committees
Board of
Directors
Renewable
Resources
Advisory Council
Conservation
Advisory Council
Energy Trust
Staff
Energy
Efficiency
Renewable
Energy
Marketing and
Communications
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Planning and
Evaluation
Finance and
Administration
Legal and
Contracts
OPUC Oversight Role
• Contracts with Energy Trust
• Establishes minimum performance measures
• Reviews annual budget, 2-year action plan and 5-year
strategic plan
• Requires quarterly and annual reports
• Requires management audit every 5 years
• Liaison to legislature
• Ex officio board role
• Participates in advisory councils and board strategic
planning committee
• Can issue a “notice of concern”
• Authority to terminate contract
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Energy Trust Board Role
• Independent, non-stakeholder board with volunteer
membership
– Oregon Department of Energy special advisory seat
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Fulfills fiduciary responsibilities
Establishes policy
Determines strategic direction and goals
Reviews and approves annual budgets and plans
Liaison to advisory councils
Prohibited from lobbying
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Energy Trust Staff Role
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Conducts strategic analyses
Plans for and designs programs
Manages staff and contractors
Supports trade allies
Engages stakeholders
Manages finances and incentive payments
Ensures quality control and quality assurance
Contracts for independent 3-party evaluations
Prohibited from lobbying
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Strength of the Model
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Mission focused and driven
Stable, consistent funding
Comprehensive and integrated services
Program management contractor delivery model
Trade ally leverage
Stakeholder and public involvement
High degree of transparency and accountability
Measurable outcomes
Low administrative costs
Utility collaboration
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