FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

FORTISBC ENERGY INC. AND FORTISBC ENERGY (VANCOUVER ISLAND) INC.
2010 ENERGY EFFICIENCY AND CONSERVATION ANNUAL REPORT
5. The Total Resource Cost/Benefit of the Portfolio over the funding period will have a ratio of 1
or higher.
• As can be seen in Table 2-1 in Section 2, the portfolio-level TRC results for the
Companies’ EEC activities in 2010 was 1.1, thus Principles four and five have
both been met.
6. The FortisBC Energy Utilities will submit an Annual EEC Report to the BCUC, by the end of
the first quarter of each year, that details the results of the previous year’s programs and
anticipates program activity and spending for the upcoming (current) year.
• This report is that document.
7. To every extent practical, programs will support the objectives of established government
policies.
• In the Clean Energy Act (attached as Appendix C), government laid out a number
of energy objectives. The Companies’ EEC activity supports a number of these
objectives including the following:
o To take demand-side measures and to conserve energy:
The Companies’ EEC initiative in its entirety supports this
objective.
o To use and foster the development in British Columbia of innovative
technologies that support energy conservation and efficiency and the use
of clean or renewable resources:
This objective is supported primarily through the Innovative
Technologies program area.
o To reduce BC greenhouse gas emissions:
Again, the Companies’ overall EEC initiative supports this
objective.
o To encourage the switching from one kind of energy source or use to
another that decreases greenhouse gas emission in British Columbia:
This is not only supported by high-carbon fuel switching, but also
by the Innovative Technologies program area.
o To encourage communities to reduce greenhouse gas emissions and use
energy efficiently:
This is supported primarily by Conservation Education and
Outreach programs.
o To encourage economic development and the creation and retention of
jobs:
This is another objective that is supported by the Companies’ EEC
initiative overall.
SECTION 15: THE COMPANY’S EEC PRINCIPLES Page 265