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How has COVID-19 impacted utilities' energy savings programs?

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By Youssef Shaker and Ben Staver
Feb 16, 2021

Many questions still remain as to how Å·²©ÓéÀÖ COVID-19 pandemic has impacted utility demand-side management (DSM) programs and managers. How is uncertainty impacting decision making for participation in DSM programs? Will different customers react to Å·²©ÓéÀÖ perception of risk in Å·²©ÓéÀÖ same ways?

In this white paper, ICF's energy experts provide an exploration of an uncertainty analysis we conducted for a midwestern utility in order to illustrate Å·²©ÓéÀÖ impact of a full-shutdown scenario on DSM program participation.

What should DSM program managers bear in mind, based on a utility’s specific region and context? Download this paper for:

  • Analysis of avoided energy cost, avoided capacity cost, discount rate, and participation.
  • Impact of participation reductions on energy savings in Å·²©ÓéÀÖ residential, commercial, and industrial sectors.
  • Recommended actions to analyze COVID-19’s full impact on DSM programs.
 
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Meet Å·²©ÓéÀÖ authors
  1. Youssef Shaker, Energy Markets Consultant - Analytics
  2. Ben Staver, Senior Energy Markets Consultant - Analytics