 | NEW JERSEY
SYSTEM BENEFIT FUNDS FOR ENERGY EFFICIENCY-STATE SUMMARY
SECTION LINKS
I. Policy
II. Administration
III. Financing
IV. Program information
V. Policy/Program Assessment
I. POLICY
Date Enacted: February 1, 1999
Date Effective: March 1, 2001
Time Period: March 2001-2008
Extensions to Time Period: None to date
Applicable Laws, Orders, and Regulations
SB 7 Electric Discount and Energy Competition Act (EDECA) February 1999
--Universal Service Fund (USF) defined on page 21 and 22 under C.48:3-60
http://www.bpu.state.nj.us/wwwroot/energy/Dereglaw.pdf
EX 00020091 Nov 2001
Part V-Consumer Assistance Programs
http://www.bpu.state.nj.us/wwwroot/energy/EX00020091ORD.pdf
Description
The New Jersey Board of Public Utilities (NJBPU) established a non-bypassable charge on all customers. The funding target was at least 50% of 1998 DSM program collections ($215 million/yr). SB 7 specified 75% of spending on energy efficiency, 25% on renewables. A Comprehensive Resource Analysis (CRA) is to be performed every 4 yrs to determine appropriate levels of funding for EE and RE. A separate Universal Service Fund (USF) was set up for low-income programs. In March 2001 the NJBPU ordered $358 million over 3 yrs to energy efficiency and renewables programs. In March 2002 a $15 million interim low-income assistance program was approved.
Restructuring Policy in Place (Y/N): Yes
Date Restructured: Retail choice slated for August 1999, began November 1999
II. ADMINISTRATION
Administering Entity:
Programs are provisionally administered by each utility, with oversight and reporting to the NJBPU. The intent is to select an Independent Statewide Administrator after the first year of provisional administration. To this end, the NJBPU hired a consultant to perform a Comprehensive Resource Analysis (CRA). This report, known as the Davies report, was submitted to NJBPU on April 18, 2002, and is currently under review and public comment. Comments regarding this report were required to be submitted by June 7, 2002 to board.secretary@bpu.state.nj.us.
For further information on program administration see: http://www.bpu.state.nj.us/contents3.htm
Type of Entity: Utility
Administrative Contact(s):
NJ Board of Public Utilities, Energy Division:
Victor Bozzo (973) 648-2375
Lisa Nocastro (973) 648-4085 (USF only)
Outreach/Customer Education: Clean Energy for New Jersey Website www.njcleanenergy.com
Consumer Education Program reports and press releases: BPU
III. FINANCING
Funding Level (All SBC Programs)
$115 million (2001)
$119 million (2002)
$124 million (2003)
Of this 75% will go toward energy efficiency (EE) and 25% toward renewable energy (RE) programs.
Funding Source: Ratepayer charge (Floor of $107.5 million/yr for EE and RE combined.)
Charge:
1.35 mills/kWh for new energy efficiency programs
0.16 mills/kWh for existing low-income programs. (The USF rate for low-income programs has not yet been determined - litigation is currently pending.)
IV. PROGRAM INFORMATION
Name/Project Type
1. Residential Programs
COOLAdvantage Program: Electric Central Air Conditioner and Heat Pump Rebates
WARMAdvantage Program: Gas Furnace, Boiler and Water Heater Rebates
New Jersey for ENERGY STAR Program: Appliances, Lighting, Windows
New Jersey Comfort Partners Program: Low-Income energy efficiency assistance
New Jersey ENERGY STAR Homes Program
New Jersey Energy Smart Program: home energy analysis
2. Commercial & Industrial Programs
Energy-Efficient Construction Program
Compressed Air System Optimization Program
Building Operation & Maintenance Program
3. Low Income Assistance.
Press Releases
Consumer Education Program reports and press releases: BPU
NJBPU accepts consultant's report on administration of energy efficiency and renewable programs (April 18, 2002)
Adobe Acrobat File: 10-02.pdf
NJBPU Grants final approval for $15 Million interim Universal Service Fund (March 21 2002)
Adobe Acrobat File: 08-02.pdf
NJBPU approves up to $15 million for NJ Shares to administer statewide energy assistance programs. (March 15 2001)
Adobe Acrobat File: 05-01.pdf
NJBPU approves $358 million to promote development of new energy efficiency and renewable energy programs over the next three years. (March 1 2001)
Adobe Acrobat File: 03a-01.pdf
V. POLICY/PROGRAM ASSESSMENT
Reporting Requirements
Every four years the New Jersey Board of Public Utilities shall initiate a proceeding and cause to be undertaken a comprehensive resource analysis of energy programs, and within eight months of initiating such proceeding and after notice, provision of the opportunity for public comment, and public hearing, the board, in consultation with the Department of Environmental Protection, shall determine the appropriate level of funding for energy efficiency and renewable energy programs.
Assessing Entity: Davies Associates, Inc.
Report Date: Accepted by BPUNJ 04/18/02
Report Name: The Davies Report on the Comprehensive Resource Analysis (CRA) Program
Adobe Acrobat File: RBFFFinalReportWS418.pdf
(for appendices see www.bpu.state.nj.us)
Assessment Contact: Comments regarding this report may be submitted to board.secretary@bpu.state.nj.us
Attachments:
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