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Direct Testimony of Thomas M. Hildebrand - Consumer Advocate ...

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Economic Benefits for Energy Efficiency<br />

0 Lower cost compared to new generation and transmission<br />

e Downward pressure on natural gas prices and volatility<br />

Lower wholesale electricity prices<br />

Improved local economy and service to low income and seniors<br />

Utility System Benefits<br />

Near-term fix with persistent, long-term benefits<br />

Improved security <strong>of</strong> electricity and gas systems<br />

Improved resilience due to lower reliance on fossil fuels<br />

Lower baseload and peak demand<br />

Reduce need for “hard to site” G&T assets<br />

a Targeted, modular, manageable<br />

0 Environmental Benefits<br />

Lower greenhouse gas emissions and criteria pollutants<br />

Lower water use<br />

0 Risk Management Benefits<br />

Diversifies utility resource portfolios<br />

3

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