Investor Presentaiton slide image

Investor Presentaiton

LPRO: LEGISLATIVE POLICY AND RESEARCH OFFICE ENERGY CONSERVATION AND EFFICIENCY BACKGROUND BRIEF Since its inception in 1975, the Oregon Department of Energy (ODOE) has focused on policies related to energy conservation and improved efficiency. ODOE works with state, regional, federal, and tribal governments and organizations to promote conservation and efficiency. It works with entities such as the Northwest Power and Conservation Council, investor-owned utilities, state and academic institutions, the Energy Trust of Oregon, the NW Energy Efficiency Alliance, Pacific Coast Collaborative, and BPA. Oregon has designated a number of programs to encourage energy efficiency and conservation (see Table 1). ODOE estimates that the cumulative energy generated through these programs is enough to meet the energy needs of approximately 1.5 million homes in Oregon. Table 1: Energy Efficiency and Conservation Programs and Legislation in Oregon Program Residential building codes that Established Purpose 1974 include energy efficiency Increase energy efficiency in residences. Residential Energy Tax 1977 Credit Encourage homeowners to invest in renewable energy technologies. Commercial building codes 1978 that include energy efficiency Business Energy Tax Credit 1979 Small-scale Energy Loan Program 1979 Increase energy efficiency in commercial buildings. Encourage investments in energy conservation, recycling, renewable energy sources and less-polluting transportation fuels. Offer low-interest, fixed-rate, long-term loans for qualified Oregon projects that invest in energy conservation, renewable energy or alternative fuels, or create products from recycled materials. Provide funds for conservation, renewable resources, weatherization for low-income households and energy efficiency in schools. Public Purpose Charge 1999 Energy efficiency requirements for new state 2001 Increase energy efficiency in state buildings. buildings State appliance efficiency 2005 standards Increase energy efficiency in commercial appliances. Energy Efficiency and Sustainable Technology Loan Program 2009 Provide low-cost loans to individuals for projects that increase energy efficiency in homes and small businesses. "Cool Schools" Program 2011 Provide grants and loans to school districts to weatherize, upgrade, and retrofit K-12 public schools for energy efficiency and replace or retrofit school bus fleets to operate on compressed natural gas or other alternative fuels. State appliance efficiency standards 2013 Minimum energy efficiency standards for televisions, large battery charger systems, inductive charger systems, small battery charger systems with certain exceptions and high light output double-ended quartz halogen lamps. August 8, 2019 Page 5
View entire presentation