Expanding the Energy Savings Pie: What You Need to Know
Report Summary
The NEEP report, “Expanding the Energy Savings Pie: Attribution Frameworks for the Inflation Reduction Act,” explains how to track and measure energy savings from programs funded by the Inflation Reduction Act (IRA). It guides accurately identifying and reporting energy savings. The report introduces key ideas like developing reliable attribution frameworks, addressing energy savings measurement challenges, and setting best practices for consistent reporting.
Why This Report Matters
Accurate attribution is crucial to understanding which programs are impactful and where resources are effectively used. Without it, assessing program success, justifying funding, or refining strategies becomes difficult. This report addresses these challenges by offering frameworks and best practices for measuring and reporting savings, ensuring trustworthy results for informed decisions on future energy efficiency investments.
Key Takeaways
- Attribution frameworks help determine how to attribute savings from programs like IRA Home Energy Rebates.
- States use different approaches for coordinating program implementation and attributing savings, demonstrating flexibility.
- Combining funding streams poses challenges but expands impact and streamlines offerings.
- Stakeholder collaboration, clear decision-making, and streamlined reporting are essential for effective market transformation.
- Coordination among state energy offices, utility regulators, and program administrators is vital for successful IRA funding use.
NEEP’s four key policy areas from Decarbonizing Buildings: How States Can Set the Table for Success.
Calico’s Perspective
We’re excited about this report’s approach, which we believe will revolutionize measuring and reporting energy savings. The emphasis on standardized measurement practices aligns with our focus on managing whole-building data and supporting energy efficiency programs. We see the importance of having accurate and transparent data for reliable energy savings claims.
The report highlights the need for effective collaboration with utilities to make attribution frameworks practical and impactful. Working closely with utilities can help ensure these frameworks fit into the larger picture of energy management and programs.
Overall, this report offers valuable insights and practices to improve measuring and maximizing energy savings. It’s a step in the right direction for enhancing energy efficiency programs in coordination with federal funding like the IRA.
Want to know more about our whole building Benchmarking Application?
Looking for additional resources?
Head to our Resources page for more industry perspectives and product information.