Option 9: Demand Response (DR)
For residential customers, this would involve incentivizing the installation of connected thermostats used to reduce consumption on peak load days. We’ll also incentivize our larger customers to use backup oil heating on the coldest days.
81–108 MDth/day. This assumes the percentage of customers using smart thermostats increases from 10% to 50%, and all large customers currently using backup heating oil on the coldest days continue to do so.
If the targeted number of customers do not enroll in the program, there is risk to falling short of projected impact. Reliability could improve over time as programs mature.
Solution Portfolio Cost
$1.51 Billion–$2.62 Billion (total cost for no-infrastructure portfolio of energy efficiency, demand response, and electrification)*
These programs offer little or no ecological, climate or community impacts.
Requirements for Implementation
New rate programs will need to be established, and thermostat setback programs of the size contemplated will require aggressive promotion and continued adoption of smart thermostats by residential customers.
* The same cost numbers are presented for each of the no-infrastructure options since each is part of a no-infrastructure portfolio to address the entire supply-demand gap. Nonetheless, we rated them on cost separately, as each option has a different degree of cost-effectiveness, despite each option being needed as part of a no-infrastructure portfolio.