Energy Trust of Oregon Saves 71% of 2012 Electricity Target in Q4

Electricity efficiency projects completed during the final quarter of 2012 by the nonprofit Energy Trust of Oregon are expected to save 29.3 average MW of electricity, according to results released by the body.

That translates to about 71 percent of the Energy Trust’s 2012 electric conservative goal and 60 percent of the 2012 electric stretch goal of a 49 MW savings. One average MW is equal to one MW of capacity produced continuously over a period of one year, the Trust says. Q4 2012 electric savings are approximately 24 percent greater than Q4 savings in 2011, according to the Trust’s quarter four 2012 Report to the Oregon Public Utility Commission.

The Trust’s blog noted in January that preliminary results for 2012 exceeded the organization’s stretch goals for electric and natural gas efficiency savings.

Gas efficiency projects completed during Q4 are expected to save 3.5 million annual therms of natural gas. That translates as about 72 percent of the 2012 gas conservative goal and 61 percent of the 2012 stretch goal of 5.7 million annual therms. Q4 savings are 35 percent greater than in Q4 2011.

Renewable energy projects completed during Q4 are expected to generate 3.4 aMW of electricity, which is 87 percent of the 2012 renewable energy conservative goal of 3.9 aMW. Q4 renewable generation activity is more than four times the activity in Q4 2011. Solar installations in Q4 topped 50 megawatts in capacity, adding to the Quarter 3 milestone of 5,000 solar electric systems installed with Energy Trust support since 2002.

Other highlights include the completion of eight projects in governor John Kitzhaber’s “Cool School” initiative. Seven of nine businesses participating in the newly-introduced Strategic Energy Management initiative completed energy upgrades, the report says.

Oregon’s first industrial-scale geothermal plant went online in March. The Neal Hot Springs plant in Eastern Oregon’s Malheur County is generating 28 MW of electricity, higher than initial capacity estimates of 23MW. Idaho Power buys the electricity under a 25-year power purchase agreement. The PPA has a starting price of $96 per MWh and escalates at a variable percentage annually.

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One thought on “Energy Trust of Oregon Saves 71% of 2012 Electricity Target in Q4

  1. Question: How much does this “Non-profit” organization cost the Oregon tax/rate payer and what benefits do those tax/rate payers get? Everybody who purchases electricity from a public entity pay’s an EXTRA 3%, on top of their normal bill, in which the larger protion of that 3% goes to the Energy Trust of Oregon. No they are NOT a non-profit in the traditional sense, they are a “Sudo” governmental agency; they survive off of the 3% Public Purpose Tax. No tax revenue, no Energy Trust of Oregon, it’s that simple. Now what do they do for the people who pay this extra 3%? Their advertizing states that they will give you a subsidy/incentive/reward back for purchasing and implementing an energy efficient something: could be an applicance, or roofing material, windows, ligthing etc. A whole host of goods & services! NEAT idea but, the contractors and sales folks who sell you these good/services NOW use that Energy Trust incentive as THEIR discount to you so you pay a much hirer price for a good/service than you would have if free market competition forced these same providers to sell at a reduced rate. Secondly, the State has no incentive to change building codes for energy efficiency which would have the same effect but without costing the rate payer an extra 3% in their taxes. The State looses the balance of the Public Purpose Tax if it is not needed to fund the Enrgy Trust. Is the Energy Trust good for the people of Oregon? Highly debatable; I suspect with the technological developments of today, we would have gotten pretty close to the same savings, more if some of the codes were upgraded. Is it good for the politicians and the employees of the Energy Trust; tax revenue and cushy jobs, most definitely!

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