Virginia Electric and Power Company. Financial Impacts on Utilities of Load Shape Changes Project: Stage III Summary Report

摘要

Efficiency standards for residential appliances can affect the earnings of electric utilities. The magnitude and direction of the effect depends on the retail rate and marginal cost structure of the individual utility. The goal of this LBL project is to develop tools and procedures to measure this effect for a range of different utilities. We use two end-use models in sequence to estimate the load shape changes induced by residential appliance standards, and a modified formulation of the accountant's statistic for earnings before interest and taxes (EBIT) to calculate the financial impact. (ERA citation 11:038159)