Quote:
Originally Posted by belsarius
The final report on that program had it return 5x the cost in lifetime value of energy savings to participants when looking solely at households. The program was successful in doing what it set out to do. It had its share of issues and anecdotal disappointments - but the upfront value of $132M turning into $600M in lifetime savings has to be considered a win.
Energy Efficiency Alberta was a successful program that overall returned $3 for every $1 invested. That makes good economic sense, but was an easy target for partisans.
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Do you have a link to that report? I’m interested in how they calculated the value as with many of these types of programs some of the benefits claimed are suspect.
Did that account for the time value of money?
Did that account that simply banning incandescent bulbs would have the same affect on the light bulb side?