Project evaluation: Residential Energy Efficiency Program pilot demonstration in Lakewood, New Jersey
Technical Report
·
OSTI ID:5110013
The results of a pilot demonstration of an innovative concept - the Residential Energy Efficiency Program (REEP) - which has the potential of stimulating large scale residential energy retrofit in the United States, is reported. REEP contemplates a private energy services company contracting with a utility to sell it saved energy which the company had mined from the houses of the utility's residential customers. The saved energy would be purchased at an agreed-upon rate (measured in cents/kwh or cents/therm) over a specific time interval. The utility would only pay for energy actually saved, as measured by changes in monthly consumption. The energy services company would systematically audit and retrofit houses on a neighborhood by neighborhood basis, enjoying economies of scale and maximum scheduling efficiency. Participating households would pay nothing for the service (the utility having agreed to pay for the retrofit/saved energy in lieu of marginal purchase of fuel and new generating capacity). The demonstration of REEP was conducted by a start-up, for profit company, National Conservation Company (NCC) on 1000 houses (one-third all electric; two thirds gas heated) located in Lakewood and Jackson Townships in central New Jersey. Utilities which are purchasing the saved energy are Jersey Central Power and Light (electric) and New Jersey Natural Gas Company (gas).
- Research Organization:
- Carnegie-Mellon Inst. of Research, Arlington, VA (USA)
- DOE Contract Number:
- AC01-80CS22054
- OSTI ID:
- 5110013
- Report Number(s):
- DOE/CS/22054-T1; ON: DE84008045
- Country of Publication:
- United States
- Language:
- English
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