The Sponsors of Mass Save Submit Three-Year Electric and Natural Gas Energy Efficiency PlanNovember 02, 2021
The Sponsors of Mass Save® have submitted to the Massachusetts Department of Public Utilities (DPU) a three-year electric and natural gas energy efficiency plan for 2022 through 2024 that will provide an estimated $13 billion in benefits to the Commonwealth. With this energy efficiency framework, Massachusetts continues to lead the nation through its focus on equity that follows a long-established and successful regulatory pathway providing customers with best-in-class energy saving and bill-reduction tools.
For the first time ever, this plan assigns a social cost of carbon value to greenhouse gas emissions (GHG) to measure climate impacts—and the damages avoided through avoided CO2 emissions. The Sponsors’ plan projects a GHG emission reduction of 845,000 tons, which puts Massachusetts on a path to achieving mandated 2030 and 2050 emission reduction targets, including, for the first time, support through gas energy efficiency programs for customers who want to transition to high-efficiency forms of electric heating.
The Energy Efficiency Plan demonstrates the Sponsors’ commitment to make the robust investments needed to achieve the Massachusetts Energy Efficiency Advisory Council’s residential and income-eligible priorities, including more than $800 million for electrification incentives and more than $600 million for targeted equity initiatives. To position the Sponsors’ programs—and the Commonwealth in general—for longer-term success, the Plan includes nearly $50 million in workforce development investments designed to build the diverse and inclusive human capital necessary to drive the clean-energy transition.
The Plan calls for the following investments between 2022-2024:
- A total budget of $3.94 billion, including $800 million in electrification incentives.
- Over $600 million in targeted equity initiatives, including $136 million to serve moderate-income (61%-80% of the state median income) customers, including a moderate-income offer of 100% incentive for weatherization and enhanced incentives for heating systems for customers who income-qualify.
- Nearly $640 million in incentives for residential and income eligible customers to weatherize their homes.
“This Three-Year Energy Efficiency Plan filing represents a significant milestone for the Mass Save programs and our work together to help support the Commonwealth’s clean energy goals,” said Chris Porter, Director, Customer Energy Management at National Grid, and Tilak Subrahmanian, Vice President at Eversource Energy.
As the world focuses its attention on climate change at the COP26 Climate Summit in Glasgow, this plan demonstrates how the Program Administrators will provide Massachusetts customers the tools necessary to maintain the Commonwealth’s leadership position tackling the critical need for greenhouse gas emissions reductions. Our plan accomplishes this important goal while staying true to our historical mission of helping all residents and businesses reduce their energy usage and manage energy costs, and we look forward to our continued collaboration.
About Mass Save
Mass Save® is a collaborative of Massachusetts’ electric and natural gas utilities and energy efficiency service providers including Berkshire Gas, Cape Light Compact, Eversource, Liberty, National Grid, and Unitil. We empower residents, businesses, and communities to make energy efficient upgrades by offering a wide range of services, rebates, incentives, trainings, and information.