Quarterly Report of the Program Administrators Fourth Quarter, 2012 February 7, 2013

Transcription

1 Quarterly Report of the Administrators Fourth Quarter, 2012 February 7, 2013

2 QUARTERLY REPORT TO THE EEAC QUARTER 4, 2012 February 7, 2013 I. Introduction Pursuant to the requirements of the Green Communities Act, codified at G.L. c. 25, 22(d), The electric and natural gas distribution companies and municipal aggregators shall provide quarterly reports to the council on the implementation of their respective plans. The reports shall include a description of the program administrator s progress in implementing the plan, a summary of the savings secured to date and such other information as the council shall determine. 1 Building upon this legislative mandate, as well as the Orders of the Department of Public Utilities ( Department ) in D.P.U D.P.U ( Electric Order ) and D.P.U D.P.U ( Gas Order ), dated January 28, 2010 (together, the Orders ), approving Three-Year Energy Efficiency Plans (the Plans ) for each Administrator ( PA ), this document serves to report on PA activities throughout the Commonwealth during the fourth quarter of This document presents narrative status updates regarding program and pilot implementation and specific areas of interest as requested by the Energy Efficiency Advisory Council ( EEAC or Council ), followed by quantitative data set forth at Attachment A (electric PAs) and Attachment B (gas PAs). The remainder of the narrative portion of this Quarterly Report for the Fourth Quarter of 2012 is organized as follows: Section II: Gas and Electric and Pilot Highlights Section III: Marketing, Education, and Outreach Highlights Section IV: Evaluation, Measurement & Verification Highlights Section V: Financing and Funding Section VI: Performance Metrics Section VII: Special Focus Topics 1 The Department of Public Utilities requires that these Quarterly Reports be provided to it as well for informational purposes. See Electric Order at and Gas Order at

3 II. Gas and Electric and Pilot Highlights: Since the Department approved the Gas and Electric Three-Year Energy Efficiency Plans on January 28, 2010, the Administrators have been proceeding with the implementation of their EEAC-endorsed Plans. In Attachments A and B, the PAs present quantitative cost and savings data, along with other data. The PAs will keep the EEAC apprised of significant cost and savings variances from Plan goals that become apparent as the PAs continue to implement programs. PROGRAM Residential: Residential New Construction & Major Renovation HIGHLIGHT Through the end of the fourth quarter, the completed over 3,300 Electric and over 2,400 Gas units statewide. The exceeded the 2012 statewide goal, although some PAs individual goals fell short of achievement. As of year-end, there were 121 communities that have adopted the Stretch Energy Code. The PAs expect several additional towns to look to adopt the new version of the Stretch Code in the spring of It is expected that builders will continue to look to the to provide training, technical assistance and incentives to meet the new energy code. The currently supports 46 HERS rating companies. Electric Residential Cooling and Heating Western MA Storm Recovery The WMA Storm Recovery to date reports 105 unit completions with 33 completing in Q4 of This initiative closes out January 31, 2013 where the remaining 47 units are scheduled to complete or they will be placed in the Residential New Construction or Home Energy Services ( HES ) based on project scope. Cool Smart implementation contractor staff participated in the Affordable Comfort Institute New England Conference, on October 16, 2012 in Springfield, MA. A session on Quality Installation was presented at which attendees learned the basics of Air Conditioning Contractors of America s ( ACCA ) Manual D (which measures available blower static, friction rate, duct sizing) and the importance of the duct system as it pertains to installed capacity of air-conditioning systems. Cool Smart held its annual fall Cool Talk on November 8, 2012 at the Holiday Inn in Marlborough, MA. Over 50 HVAC contractors 2

4 and equipment distributors attended to learn about the 2013 program offerings and to provide feedback to program sponsors about the 2012 program. Interest in Heat Pump Water Heaters continued to grow, with a 176% increase in rebates paid in Q4 over Q3 (1,321 total in Q4) rebate application forms were finalized, approved and ready for placement on the Mass Save website on January 1, The QIV ( Quality Installation Verification ) initiative had a strong year. Over the course of the year, 62 classes were held, providing training for 342 technicians. These technicians represent 63 existing contractor companies and 155 new companies for Gas Residential Heating and Water Heating Residential HVAC ( Cool Smart ) ended the year by exceeding its statewide equipment rebate goal by 154%, as well as exceeding the goals for early replacement of inefficient equipment by 109%. sponsors met or exceeded their kwh savings goals for the year. PAs continued to experience a steady demand for rebates and a majority of PAs were able to meet savings goals. PAs finalized the new rebate forms for the 2013 calendar year. PAs continue steady and consistent direct outreach to various manufacturers and supply houses in sales training and rebate distribution over the course of the quarter. In spite of the lack of consistent cold weather in Q4 until recently, several supply houses reported strong and in some cases record October and November sales. Ferguson Supply in Natick, MA had their strongest quarter in the last five years. Snow and Jones in Stoughton, MA had their strongest quarter in the last 10 years. This should provide great momentum as GasNetworks enters into 2013 season. PAs and Field Service representatives fielded calls from major supply houses including S.G. Torrice, F.W. Webb, and Simon s Supply regarding the current federal Department of Energy ( DOE ) efficiency test procedure for residential boilers that resulted in inaccurate AFUE measurements for modulating condensing residential boilers. Branch Managers expressed concern about the effect this would have on the GasNetworks Rebate s moving forward into For other highlights and Q4 trade ally training, the PAs conducted and participated in the following events: 3

5 On Oct 16th, the PAs attended the Cape Cod Plumbing School meeting held in Hyannis, MA with approximately 20 contractors in attendance. PAs reviewed the GasNetworks PowerPoint Presentation covering the National Grid Reservation System and reviewed the 2012 vs rebate offerings. Half of the attendees were apprentice plumbers and were very appreciative of the training. On November 20th, PAs participated in a Thanksgiving Counter Day at F.W. Webb in Hingham, MA. Approximately 15 contractors attended the event. During the event, PAs reviewed the new 2013 rebate levels and encouraged attendees to submit any applications for current projects. On December 12th, PAs participated in the ABCO Supply Holiday Party and Expo in Somerville, MA. Participants included Honeywell, Luxaire Furnaces and A/C Systems, Mitsubishi Electric Cooling and Heating Systems, and FriedRich A/C Systems. The event provided GasNetworks the opportunity to review upcoming 2013 rebate programs and conduct sales training utilizing rebates as part of their presentations. Approximately 75 contractors attended the event, including vendor trainings. The event was a tremendous success. On December 14th, PAs ran a Counter Day at Johnstone Supply in Woburn, MA. Approximately 20 contractors came by the display table. PAs reviewed the 2013 and discussed the current AHRI situation. During the event PAs conducted training with selected contractors on rebate utilization in their sales presentations. PAs continue direct outreach to trade allies through the distribution of the GasNetworks quarterly e-newsletter. In the month of December the GasNetworks e-newsletter received an exceptional open rate at 46.6%. The PAs submitted the GasNetworks nomination for the AESP 2013 Energy Awards and the Energy Star Partner of the Year and Excellence in Product Promotion Awards. 4

6 Mass Save and Heat Loan PAs continued to see a strong demand for Home Energy Assessments and exceeded savings goals and targets in the fourth quarter. The pre-weatherization assistance and early boiler replacement initiative that began in May 2012 came to a close in the fourth quarter. The Contractor s Best Practices Working Group held three meetings in Q4 of The PAs are incorporating lessons learned from last year to make this group even more productive. The PAs also surveyed Participating Contractors to solicit feedback on new marketing materials. These materials are cobranded, subsidized, and will be offered in addition to current marketing offerings. Weatherization The 0% interest HEAT Loan continued to be in high demand in Q4. The number of HEAT Loans issued in 2012 increased 70% over 2011 levels, with significant increases in the amount financed per loan. Implementation of work remained strong in the fourth quarter, with Independent Installation Contractors ( IIC ) providing weatherization services to customers. Some PAs continue to use the roundtable format for contractor quarterly meetings that was so well received in the third quarter. Some PAs offered a sales training to Home Performance Contractors to assist with conversion rates in the fourth quarter. This training was very well received and those PAs look forward to implementing similar trainings in ES Lighting The ES Lighting performed strongly in Statewide, PAs exceeded targets for most product categories, though results have not been finalized yet. Most notably, sales of LED Lamps grew at four times the forecasted volume and LED fixture sales were double the forecast. As of the end of Q4, 163 Memoranda of Understanding had been created to promote efficient lighting, 22 of those targeting Hard to Reach Market promotions. PAs also sponsored 112 school fundraisers, educating k-12 students and their families about efficient lighting and products. Notable public relations and customer education in Q4 included a feature news story on WWLP Channel 22 about LED lighting in a Chicopee Home Depot, another TV spot on PBS show This Old House, highlighting retail partner Ecobuilding Bargains in 5

7 Springfield, MA, as well as the Worcester Home Show, five energy fairs for over 1000 Raytheon employees, and two events in Boston and North Hampton to benefit veterans. In December, the PAs were awarded Utility Partner of the Year by lighting manufacturer Greenlite, as measured by dedication to energy efficiency, number of enrolled lighting partners, and cooperation with retail promotions. ES Appliances In initial year end results, the ES Appliances & Electronics has exceeded its statewide goals across almost every product category. In Q4, PAs worked with Top Ten to negotiate a sponsorship agreement that will allow sponsors to launch tiered incentives for products in 2013, using Top Ten s proprietary rating system. Multi-Family Retrofit Through the end of the fourth quarter of 2012, some PAs are targeted to meet or exceed goal. Others expect to be shy of goal, due to various reasons, such as recommendations from assessments not being implemented by all units in the facility and long project lead times which postponed projects until The Multi-Family Market Integrator ( MMI ) continues to report a trend of successfully enrolling facilities as a result of increased marketing, and by capitalizing on previously established relationships with facility owners/ property managers. The MMI received a total of 1,199 incoming calls in the fourth quarter and enrolled 189 facilities into the program. With the conclusion of 2012, the MMI reported a year over year increase of 25% in incoming calls for Multi-Family services. In Q4, the Residential and C&I representatives of the Multi- Family working group continued to meet regularly to develop and refine program design and enhancements as filed in the Three Year Plan. 6

8 Low-Income: Low-Income Single Family Preliminary budgets and savings for the Low Income Single Family at the end of quarter four 2012 vary by PA. On the electric side, the majority of PAs slightly under-spent their budgets and came close to achieving their savings goals with a couple of exceptions of PAs surpassing savings goals. On the gas side, the majority of PAs under spent budget and did not reach the savings goals. A percentage of Single Family funding was reallocated to Multi-Family to satisfy the current needs of the Low Income retrofit sector and ultimately serve more customers. Therefore, Low Income Multi-Family significantly over spent budgets and exceeded savings goals. The Low Income Best Practices Working Group submitted an entry in this quarter to receive AESP s Energy Award for Outstanding Achievement in Residential Design & Implementation. This submission was a great way to continue to publicize the first-rate achievements of the Low Income to date. Low-Income Multi- Family Retrofit In the fourth quarter, the PAs revised the existing refrigerator/freezer thresholds for the for the upcoming 2013 program year. Additionally, the PAs continued collaboration within the Best Practices Working Group to determine standard client education materials to be used statewide by the various CAP agencies. The PAs anticipate that they will finalize and implement the new materials within the field in mid The Low-Income Multi-Family budgets and savings vary by PA; however, as of quarter four 2012, preliminary results indicate that the majority of PAs have exceeded budgets and exceeded both electric and gas savings goals. In fact, some PAs actually were able to spend unspent money from the 2010 and 2011 budgets in 2012 to enable achievement of the three year overall goal. As noted previously, the demand in some PA territories for Multi-Family Gas is significant in comparison to the funding that is available and gas savings have significantly surpassed goals, more than 200% on average. At the end of December 2012, the PAs have successfully inventoried a total of 8,099 accounts as part of the Multi-Family Benchmarking Metric, exceeding the monthly average number of accounts by 138. By utilizing this platform, the PAs have been able to identify the least-efficient buildings among all those eligible for funding and prioritize energy efficiency projects to make the most of the budgets that were available. 7

9 Commercial and Industrial: Sector Update Throughout Q4, the Administrators continued to work diligently toward achieving the 2012 savings goals while actively exploring strategies to expand and improve offerings in several areas anticipated to have the potential to yield savings. Activities in Q4 included the following. Closing out the Year Q4 of 2012 was a particularly active period for the PAs in terms of finishing C&I projects to meet our savings targets. The sheer number of projects, and the associated savings, required an enormous effort on the part of each and every PA and their entire organizations. Finalizing the Plan The PAs were also very busy in Q4 finalizing negotiations regarding the Plan, the final version of which was submitted to the DPU on November 2 and approved on January 31, Additionally, during December, the PAs were actively involved in evidentiary hearings at the DPU for over ten days, providing testimony on the appropriateness and cost-effectiveness of savings goals and the strategies the PAs will be employing to achieve both broader and deeper savings from C&I customers over the course of the next three years. Expansion of Upstream Offerings Progress with the upstream HVAC initiative continued to move forward with issuance of the 3 rd Party Manager RFP to nine (9) potential suppliers in early November. Proposals were received in late November and technical scoring of those proposals was finalized by mid December. Follow-up discussions and clarifications were held with suppliers in late December. Final selection is slated for Q1, Implementing the Voluntary Accelerated Rebate Pilot The PAs established consistent guidelines for identifying the Top- 5 gas and electric C&I customers in respective territories and together developed a protocol for communicating to the eligible customers. A standard letter template was created for communication, such that eligible customers statewide would receive uniform communication with regards to participation criteria as set forth in Senate Bill Events and Outreach The PAs were actively engaged in publicizing and promoting energy efficiency through speaking roles at and/or hosting of various events including: 8

10 R&D and Pilots: Residential Deep Energy Retrofit Residential New Construction-Major Renovation Residential New Construction- Multi- Family Lighting Design Residential Community Outreach o Worcester Business Journal Mass Energy Summit o Architecture Boston Exposition o Principles & Practices for Managing Energy at Water & Wastewater Facilities The PAs continued to work on the design for Deep Energy Retrofit efforts with a potential component based model and how to include cost-effective parts into existing programs. Major Renovations Pilot The Major Renovations pilot ended in 2012 and is being transitioned to the Home Energy Services initiative. There are currently 26 projects enrolled that will complete as part of Residential New Construction. The three year multi-family pilot wrapped up at the end of 2012 having serviced 24 projects totaling 1.6 million square feet of developed spaced and over 1,300 housing units. 2.7 million kwh and 56,000 therms of energy savings were reported, and a corresponding $800,000 in incentives were paid-out. Additionally, a database of multi-family specific building characteristic was created. To foster a more valuable relationship with the federal Environmental Protection Agency ( EPA ), processes, successes and milestones from the pilot were frequently shared with that agency to assist in the final development of the EPA Multi-Family High Rise standard. The lessons learned from this Pilot guided a successful transition as an offering within the Residential New Construction Initiative for the program years. The initiative will be expanded to include high-rise as well as mid-rise buildings. The Advanced Lighting and Controls Pilot successfully completed its final year with 12 total projects completing. There were 9 final inspections conducted in Q4 with projects averaging 3.3% savings attributable to lighting controls (i.e., dimmers, motion sensors occupancy sensors) and with an additional 60% savings derived from high efficacy lamps. Springfield Area Home MPG Pilot: The Pioneer Valley Planning Commission ( PVPC ) continued strong grassroots outreach to drive participation in the Springfield Area Home MPG Pilot. Highlights included a tour of a customer s upgraded home in Palmer covered by 2 TV stations and 2 newspapers and attended by officials as well as the lieutenant governor. PVPC also completed outreach at elderly centers, town meetings, churches, and schools and social media outreach through Facebook. 9

11 Nantucket: National Grid continued their partnership with the Nantucket Energy Office in Q4, sponsoring marketing materials promoting the Q4 audit week in the local Nantucket paper. Another successful audit and weatherization week were scheduled and completed in Q4, serving more customers in Q than the same quarter in CET: National Grid, WMECO and Berkshire Gas s Community outreach in the Western MA initiative continued, with a presence at many community venues to promote the program. Several presentations were conducted, focusing on building science and educating residents on the ways to reduce draftiness and increase the comfort and value of their homes. In addition, customers who initially expressed interest in the program but were unable to schedule a home energy assessment were re-contacted to help drive a greater conversion rate towards weatherization. III. Marketing, Education, Outreach Highlights In the fourth quarter, the Massachusetts Statewide Marketing team focused on the on-boarding of a new marketing vendor selected through the RFP process. The working group selected Kelliher Samets Volk ( KSV ), which has offices in Boston, Burlington, VT and New York City. The team selected KSV for their creativity, integrated approach and experience. While the campaign direction for 2012 was more clear and concise than previous campaigns, the post 2012 campaign awareness found divergent results within the residential and C&I populations. The C&I customers showed greater changes in awareness and other metrics over time. These increases among businesses suggest that the ramp-up of Mass Save Statewide Campaign efforts targeted to C&I customers is beginning to have an effect. The residential sector was virtually unchanged with only a slight increase in awareness. The Statewide Marketing team will review the results with the new vendor to help inform the 2013 campaign. With the close of 2012, Pixel Media was able to provide some year over year website analytics. In 2012, 455,561 people visited the site, which represents over an 18% increase compared to Visits, unique visitors, and page views were all reported higher than 2011, showing the impact of the 2012 marketing campaign. Pages per visit, average visit duration and new visits were slightly lower than These areas can easily be impacted by such things as improved navigation and better content. IV. Evaluation, Measurement, and Verification Highlights The evaluation team continued to work during the fourth quarter of 2012 with ongoing studies in all six research areas - Residential New Construction; Non-Residential Large Retrofit and New Construction; Non-Residential Small Retrofit; Residential Retrofit and Low Income; Residential 10

12 Retail Products; and Special and Cross-Sector Studies. Additionally, to help share best practices and streamline the evaluation process, the Administrators and the continued monthly meetings of the Evaluation Management Committee ( EMC ). During the first quarter of 2013, the evaluation research areas will be consolidated from the six areas listed above, to three research areas Residential, Commercial & Industrial, and Special and Cross Cutting. Highlights from the fourth quarter of 2012 evaluation activities include the following: Residential New Construction The Residential New Construction ( RNC ) - Net Impact Study builder survey instrument was finalized, and administered by the evaluation contractor; primarily through a web-based survey instrument, with support from phone contact. The evaluation contractor is using a subcontractor to recruit large numbers of builders who are then sent a link to complete the on-line surveys. The survey is intended to identify the factors responsible for changes in building practices in homes that participated in the program, nonparticipating homes from builders that had other homes go through the program, and homes built by nonparticipating builders. The RNC - Incremental Cost Study was revised to update earlier estimates of proportional savings levels between 2011 and 2012 User Defined Reference Homes ( UDRH ) differences after eliminating 2011 legacy projects which were based on 2010 UDRH, and evaluators continued gathering cost estimates for the different housing categories being studied. Non-Residential Large Retrofit and New Construction The impact evaluations of Prescriptive Measure Impact Evaluation (VSDs) and Prescriptive Measure Impact Evaluation (Lighting) Studies continued on schedule for completion in the first quarter of The 2011 Prescriptive Gas Impact Evaluation, Custom Electric Impact Evaluation (Refrigeration, Motor, Other), Upstream Lighting Impact and 2011 CHP Impact Evaluation Studies continued on schedule for completion in the second quarter of In addition, work continued on several process and market studies during the fourth quarter of 2012 including Upstream Lighting Process Evaluation, C&I Customer Profile, Study to Assess the Mid-Sized C&I Customers, Existing Building Market Characterization, Lighting Controls Scoping Study and Whole System Approach Assessment. Finally, the evaluation team began scoping of an LED market effects study and a data mining effort of the data collected during the 2011 code compliance baseline study. Non-Residential Small Retrofit A final report was completed during the fourth quarter of 2012, summarizing the Small C&I Billing Analysis Study and two other impact studies completed for the Small Business over the last two years. This report compares the results of the three studies and makes recommendations as to the appropriate use of the results. 11

13 Residential Retrofit and Low Income During the fourth quarter of 2012 several evaluation studies in this research area continued. The PAs received a revised Preweatherization Barrier Initiative Pilot Study report but it was determined that additional analysis is needed when more post-pilot data is available. The additional analysis and a final report are planned to be completed in the first quarter of Cape Light Compact s Lighting Controls Pilot Study is also expected to be completed in the first quarter of 2013 as all of the meters have been removed, and analysis of metering data and participant surveys is currently underway. Work continued on the Residential Cooling & Heating Equipment (Cool Smart) and Residential High Efficiency Heating Equipment (HEHE) Net to Gross Studies. Work on the Low Income mable Thermostat and Lighting Operating Hours Study and the Residential Retrofit Focused Potential Study began as site visits and meter installations took place. Finally, the PAs approved the scope for the Residential Retrofit Realization Rate Calibration Study which will be a focus in the first quarter of Residential Retail Products During the fourth quarter of 2012 the evaluation team has continued work on the Residential Lighting Shelf Stocking Survey and Residential Lighting Supplier Interviews Studies. This ongoing work will look at inventory in order to understand baseline conditions early in the implementation of the Energy Independence and Security Act ( EISA ) of The shelf stocking assessments and supplier interviews, aimed at refining lighting market data and assessing current retail inventory, are currently in the field. Massachusetts has also engaged in a Residential Lighting Regional Operating Hours Study with Connecticut, Rhode Island, and NYSERDA, which will try to get a robust look into hours of use of both efficient and nonefficient light bulbs by room and socket type. The study has completed all initial visits in Massachusetts. Currently the study installed 42% of loggers (1,202 of 2,842), and is on track to meet or exceed the logger goals having regional surveyed over 200 homes. This study is planned to continue through Q4 of Special and Cross-Sector Work in this quarter included continued research to assess the impact of 2012 statewide marketing activities with the Umbrella Marketing Post-Campaign Study. Additionally, work began on investigating the impact on Green Communities on energy efficiency program freeridership. V. Financing and Funding The Administrators continued to offer financial products in conjunction with the Massachusetts Bankers Association and Credit Unions in the fourth quarter. PAs continue to add lenders to the program to help serve the needs of local customers. The 0% interest HEAT Loan continued to be in high demand in Q4. The number of HEAT Loans issued in 2012 increased 70% over 2011 levels, with significant increases in the amount financed per loan. The Administrators have continued their efforts to understand the nature of barriers related to 12

14 accessing capital for certain customers, and to explore financing products/solutions to address them, particularly for C&I customers. VI. Performance Metrics In the fourth quarter of 2012, the PAs continued efforts to achieve the 2012 performance metrics, including seeking deeper savings in all sectors. Of note is the low-income sector, where PAs expect to meet LI Metric #1 and #2, based on preliminary results, with most PAs achieving exemplary level in LI Metric #2. Preliminary results also show that the 2012 residential metrics will be met by PAs. PAs have focused on C&I metrics in Q4 as well. VII. Special Focus Topics A. Residential Massachusetts Technical Assessment Committee ( MTAC ) During the 4 th quarter, the residential MTAC committee received two applications for new technologies. The committee is waiting on additional information for three technologies that had applications filed previously in B. Regulatory Matters In the fourth quarter, the PAs continued intensive work on the Three-Year Plan, including extensive negotiations with the Council, its consultants, and other stakeholders, culminating in the approval of Term Sheets by the DOER, the AG, and PAs, and the submission of the Three-Year Plan on November 2, Several resolutions were made by the Council during Q4, including those related to the Term Sheets and to the Plan itself. During the fourth quarter the PAs also fully participated in the Plan review process before the Department, including responding to information requests, participating in evidentiary hearings, and preparing briefs. In accordance with its 90-day review period, the Department approved the Plan on January 31, 2013, with limited modifications and directives. The Department also released a complementary order in D.P.U , Phase II, along with revised energy efficiency guidelines. Pursuant to directives in the order in D.P.U through D.P.U , the Administrators are preparing materials to file with the Department on February 21, As noted by the Department in the Three-Year Plan hearings and the Order, the Department will review performance metrics in a separate proceeding. C. Update on Avoided T&D Cost Factors The PAs have completed making the necessary updates to the ICF T&D model, to address the concerns raised by Synapse Energy Economics in the 2009 Avoided Cost Study. A review of the updated model in the 2011 AESC (page 6-70) reports this finding. The new model will be adopted by all PAs in the Three-Year Plan. 13

15 ATTACHMENT A ELECTRIC PROGRAM ADMINISTRATOR DATA

16 Statewide Electric s - Q4, 2012 YTD Preliminary Actuals as a Percent of Plan Goal TOTAL Residential Low Income 160% Commercial & Industrial 140% 120% 100% 80% 60% 40% 20% 0% Participants Total PA Expenditures Capacity (summer kw) Energy (annual MWh) Energy (lifetime MWh) NOTES: This data is preliminary and subject to revision and check. Costs and savings will not align until year end and it is important to understand that savings and costs fo not accrue linearly throughout the program year.

17 Statewide Electric s - Q Sector Contributions to YTD Costs and Savings 100% 116,103 $56.2 M 22,105 kw 119,993 MWh 1,323,423 MWh 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Participants Total PA Expenditures Capacity (summer kw) Energy (annual MWh) Energy (lifetime MWh) Commercial & Industrial Low Income Residential NOTES: This data is preliminary and subject to revision and check. Costs and savings will not align until year end and it is important to understand that savings and costs fo not accrue linearly throughout the program year.

18 Statewide Electric s - Q4, 2012 YTD Preliminary Costs as compared to Plan Budget $350,000,000 $300,000,000 Year to Date Goal $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 14% 11% 10% Residential Low Income Commercial & Industrial NOTES: Costs are those booked for PPA, Marketing, Customer Incentive, STAT, and Evaluation. This data is preliminary and subject to revision and check.

19 160% Statewide Electric s - Q4, 2012 YTD Preliminary Actual Benefits as a Percent of Plan Goal TOTAL Residential Low-Income C&I 140% 120% 100% 80% 60% 40% 20% 0% Total Benefits Total Electric Benefits Total Non-Electric Benefits NOTES:This data is preliminary and subject to revision and check.

20 Statewide Electric s - Q4, 2012 YTD Preliminary Actual GHG as a Percent of Plan Goal 140% Residential Low Income 120% Commercial & Industrial TOTAL 100% 80% 60% 40% 20% 0% Nox: SO2: GHG (MA Based) GHG (Regional) NOTES:This data is preliminary and subject to revision and check.

21 Quarter: Electric Summary Comparison Table: Quarterly and Year to Date Preliminary Results Q4 Year 2012 Capacity (summer kw) Energy (annual MWh) Energy (lifetime MWh) Participants Total PA Expenditures Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD 4 Goal YTD % goal Quarter 13 Quarter 23 Quarter 33 Quarter 43 3 YTD Goal3,4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Residential 114, ,180 1,570,150 1,965,472 1,965,472 1,452, % $19,566,099 $56,271,684 $128,478,492 $139,373,682 $139,373,682 $144,644,002 96% 4,634 18,144 26,370 38,228 38,228 33, % 32, , , , , , % 274, ,472 1,559,849 2,250,668 2,250,668 1,762, % Residential New Construction & Major Renovation ,753 2,537 2,537 2, % $719,283 $1,558,205 $4,235,317 $4,559,055 $4,559,055 $4,047, % ,037 1, % 1,271 2,371 3,973 6,101 6,101 4, % 14,655 26,180 43,770 65,048 65,048 51, % Residential Cooling & Heating Equipment 1,076 4,920 9,269 14,367 14,367 13, % $665,461 $2,098,579 $7,198,277 $8,256,661 $8,256,661 $6,924, % ,255 4,515 4,515 1, % 384 1,196 2,709 6,525 6,525 2, % 6,820 21,207 43,567 89,274 89,274 47, % Multi-Family Retrofit 1,263 5,129 9,161 17,165 17,165 20,203 85% $1,114,010 $4,641,454 $9,276,529 $10,729,262 $10,729,262 $15,366,217 70% ,655 56% 1,546 3,756 8,796 17,169 17,169 16, % 15,212 32,468 75, , , , % MassSAVE 12,316 22,295 31,974 42,989 42,989 45,978 93% $8,343,081 $24,971,349 $55,114,880 $61,682,185 $61,682,185 $58,675, % 2,305 4,653 6,134 8,083 8,083 8,920 91% 12,593 25,295 30,701 40,771 40,771 40, % 99, , , , , , % Behavior/Feedback - 408, , , , , % $1,468,228 $2,350,903 $5,206,884 $4,394,726 $4,394,726 $4,356, % - 4,508 4,802 6,109 6,109 5, % - 73,395 80,341 84,772 84,772 83, % - 73,395 80,244 84,772 84,772 83, % ENERGY STAR Lighting 84, , ,159 1,237,723 1,237, , % $3,252,888 $10,937,475 $25,920,852 $25,618,264 $25,618,264 $26,722,573 96% 1,523 7,244 11,710 15,734 15,734 13, % 14,468 68, , , , , % 118, , ,551 1,326,344 1,326, , % ENERGY STAR Appliances 15,058 40,921 66,520 89,668 89,668 75, % $1,107,193 $2,883,672 $6,921,116 $6,349,931 $6,349,931 $5,815, % ,337 1,815 1,815 1, % 2,612 7,971 11,808 15,776 15,776 13, % 20,293 59,125 88, , , , % Residential Education % $235,184 $609,980 $1,370,951 $2,114,657 $2,114,657 $2,199,741 96% % % % % $9,429 $85,651 $179,863 $182,445 $182,445 $412,615 44% % % % Heat Loan % $1,584,676 $2,475,091 $7,829,248 $9,548,556 $9,548,556 $13,570,105 70% % % % R&D and Demonstration % $1,129 $12,631 $124,642 $233,389 $233,389 $278,603 84% % % % % $191,273 $338,354 $833,915 $1,047,348 $1,047,348 $1,550,912 68% % % % Behavior/Feedback Pilot % $34,210 $34,210 $35,650 $41,279 $41,279 $81,307 51% % % % Residential New Construction & Major Renovation - Major Renovation statewide pilot % $56,591 $153,042 $285,715 $371,186 $371,186 $525,064 71% % % % Residential New Construction Multi Family (4-8 story) statewide pilot % $88,088 $122,429 $284,068 $593,716 $593,716 $583, % % % % Residential New Construction Lighting Design statewide pilot % $13,502 $14,289 $28,909 $36,839 $36,839 $79,356 46% % % % Residential New Construction V3 Energy Star Homes statewide pilot % $1 $644 $644 0% % % % Heat Pump Water Heater Pilot % $155,002 $155,002 0% % % % Residential Technical Development % $1,603 $1,603 $13,113 $13,113 $40,000 33% % % % Hot Roofs % $13,793 $13,793 $24,000 57% % % % Home Automation % 0% % % % Community based Pilot % $94,520 $163,863 $222,985 $349,599 $349,599 $490,296 71% % % % % $69,861 $909,142 $1,488,236 $1,128,894 $1,128,894 $1,703,714 66% % % % % 0% % % % % $471,818 $1,829,474 $1,828,028 $1,828,031 $1,828,031 $759, % % % % Sponsorship & Substriptions % $45,676 $80,289 $90,822 $125,107 $125,107 $436,477 29% % % % Low Income 5,229 10,845 16,612 26,402 26,402 33,716 78% $5,492,529 $15,030,227 $36,373,742 $44,180,449 $44,180,449 $53,939,002 82% 537 1,049 2,415 2,891 2,891 3,699 78% 6,207 12,222 18,689 31,544 31,544 33,825 93% 57, , , , , , % Low-Income Residential New Construction % $263,354 $387,175 $699,289 $855,040 $855,040 $1,216,260 70% % % 1,065 1,895 3,025 6,055 6,055 6,268 97% Low-Income 1 to 4 Family Retrofit 2,819 5,479 8,391 11,154 11,154 13,777 81% $3,858,719 $9,843,094 $25,824,883 $26,290,391 $26,290,391 $29,092,548 90% ,484 1,706 1,706 1,733 98% 3,489 6,868 10,033 13,367 13,367 14,996 89% 42,797 83, , , , ,372 99% Low-Income MultiFamily Retrofit 2,224 5,080 7,670 14,524 14,524 19,269 75% $1,210,264 $4,192,062 $9,224,476 $16,489,865 $16,489,865 $22,079,088 75% ,128 1,128 1,836 61% 2,577 5,152 8,377 17,574 17,574 18,090 97% 13,744 28,371 63, , , , % % $16,502 $364,043 $175,585 $119,703 $119,703 $202,260 59% % % % Low-Income Energy Affordability Network % $61,607 $267,262 $243,201 $243,201 $1,071,765 23% % % % % $143,688 $182,247 $182,247 $182,250 $182,250 $277,082 66% % % % Commercial & Industrial 2,841 6,480 8,665 16,453 16,453 10, % $31,103,416 $61,348,838 $125,592,372 $197,340,979 $197,340,979 $299,414,168 66% 16,935 31,366 45,522 96,846 96, ,997 79% 80, , , , , ,017 83% 991,563 2,253,359 3,409,137 8,147,807 8,147,807 10,004,504 81% C&I New Construction and Major Renovation 959 2,806 3,279 6,997 6,997 2, % $10,621,655 $19,037,963 $35,110,743 $51,329,432 $51,329,432 $69,595,099 74% 7,208 12,189 19,448 40,193 40,193 36, % 22,652 60,862 97, , , , % 277, ,298 1,222,579 2,707,231 2,707,231 2,619, % C&I New Construction and Major Renovation - Government % 0% % % % C&I Large Retrofit ,219 2,586 2,586 2, % $11,435,317 $23,811,627 $48,462,911 $89,878,727 $89,878,727 $161,920,129 56% 5,455 10,974 14,083 36,738 36,738 64,184 57% 36,637 78, , , , ,784 68% 446, ,085 1,468,881 4,146,050 4,146,050 6,039,025 69% Large C&I Retrofit - Government % 0% % % % C&I Small Retrofit 1,520 2,899 4,167 6,870 6,870 5, % $8,069,361 $16,534,421 $39,829,581 $54,135,678 $54,135,678 $63,970,533 85% 4,272 8,203 11,991 19,914 19,914 22,162 90% 21,623 41,806 59, , , ,440 97% 267, , ,678 1,294,525 1,294,525 1,345,852 96% C&I Small Retrofit - Government % 0% % % % Community based Pilot % $50,146 $84,962 $139,227 $110,116 $110,116 $534,049 21% % % % % $66,116 $622,559 $817,671 $645,089 $645,089 $950,133 68% % % % % $317 $317 0% % % % % $793,835 $970,997 $939,351 $943,911 $943,911 $1,430,887 66% % % % Sponsorship & Substriptions % $66,986 $286,308 $292,889 $297,711 $297,711 $1,013,338 29% % % % TOTAL 122, ,505 1,595,427 2,008,327 2,008,327 1,496, % $56,162,044 $132,650,749 $290,444,605 $380,895,111 $380,895,111 $497,997,171 76% 22,105 50,559 74, , , ,730 86% 119, , , , ,679 1,096,134 91% 1,323,423 3,344,021 5,153,020 10,708,393 10,708,393 12,074,380 89% Total Benefits Total Electric Benefits Total Non-Electric Benefits Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD 4 Goal YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Residential $232,330,017 $673,410,455 $673,410,455 $648,818, % $116,792,199 $290,421,084 $290,421,084 $212,323, % $115,537,818 $382,989,371 $382,989,371 $414,043,810 92% Residential New Construction & Major Renovation $7,839,622 $23,212,493 $23,212,493 $26,982,678 86% $3,760,948 $10,186,650 $10,186,650 $7,118, % $4,078,674 $13,025,843 $13,025,843 $19,651,954 66% Residential Cooling & Heating Equipment $8,134,531 $22,481,796 $22,481,796 $23,740,791 95% $3,035,340 $19,345,146 $19,345,146 $7,483, % $5,099,191 $3,136,650 $3,136,650 $15,052,399 21% Multi-Family Retrofit $5,844,668 $35,112,987 $35,112,987 $32,419, % $3,290,369 $18,517,863 $18,517,863 $14,640, % $2,554,299 $16,595,124 $16,595,124 $16,093, % MassSAVE $131,322,442 $404,423,426 $404,423,426 $421,009,639 96% $32,863,201 $66,001,992 $66,001,992 $62,822, % $98,459,241 $338,421,433 $338,421,433 $352,959,220 96% Behavior/Feedback $7,237,173 $8,445,176 $8,445,176 $8,571,305 99% $7,237,173 $8,445,176 $8,445,176 $7,375, % $407,085 0% ENERGY STAR Lighting $64,705,488 $163,222,987 $163,222,987 $121,879, % $60,250,007 $153,291,376 $153,291,376 $101,280, % $4,455,481 $9,931,611 $9,931,611 $8,372, % ENERGY STAR Appliances $7,246,093 $16,511,591 $16,511,591 $14,215, % $6,355,160 $14,632,880 $14,632,880 $11,602, % $890,934 $1,878,710 $1,878,710 $1,506, % Residential Education 0% 0% 0% 0% 0% 0% Heat Loan 0% 0% 0% R&D and Demonstration 0% 0% 0% 0% 0% 0% Behavior/Feedback Pilot 0% 0% 0% Residential New Construction & Major Renovation - Major Renovation statewide pilot 0% 0% 0% Residential New Construction Multi Family (4-8 story) statewide pilot 0% 0% 0% Residential New Construction Lighting Design statewide pilot 0% 0% 0% Residential New Construction V3 Energy Star Homes statewide pilot 0% 0% 0% Heat Pump Water Heater Pilot 0% 0% 0% Residential Technical Development 0% 0% 0% Hot Roofs 0% 0% 0% Home Automation 0% 0% 0% Community based Pilot 0% 0% 0% 0% 0% 0% 0% 0% 0% Low Income $31,929,610 $132,656,245 $132,656,245 $108,909, % $11,830,841 $41,533,075 $41,533,075 $32,923, % $20,098,770 $91,123,170 $91,123,170 $65,170, % Low-Income Residential New Construction $1,764,788 $4,846,655 $4,846,655 $6,943,150 70% $226,335 $759,112 $759,112 $926,170 82% $1,538,452 $4,087,543 $4,087,543 $5,962,069 69% Low-Income 1 to 4 Family Retrofit $26,664,103 $80,979,901 $80,979,901 $63,272, % $9,407,378 $20,962,485 $20,962,485 $17,304, % $17,256,726 $60,017,417 $60,017,417 $44,070, % Low-Income MultiFamily Retrofit $3,500,719 $46,829,688 $46,829,688 $38,693, % $2,197,128 $19,811,479 $19,811,479 $14,692, % $1,303,592 $27,018,210 $27,018,210 $15,138, % 0% 0% 0% Commercial & Industrial $315,217,789 $1,154,463,030 $1,154,463,030 $1,530,079,374 75% $314,319,650 $1,098,621,413 $1,098,621,413 $1,219,794,311 90% $898,140 $55,841,617 $55,841,617 $123,776,799 45% C&I New Construction and Major Renovation $105,391,764 $376,224,170 $376,224,170 $403,381,195 93% $105,174,115 $381,922,784 $381,922,784 $321,030, % $217,649 ($5,698,614) ($5,698,614) $15,483,795-37% C&I New Construction and Major Renovation - Government 0% 0% 0% C&I Large Retrofit $133,114,358 $579,845,252 $579,845,252 $878,957,603 66% $132,248,399 $529,260,448 $529,260,448 $726,614,693 73% $865,959 $50,584,804 $50,584,804 $64,052,548 79% Large C&I Retrofit - Government 0% 0% 0% C&I Small Retrofit $76,711,668 $198,393,607 $198,393,607 $247,740,576 80% $76,897,136 $187,438,181 $187,438,181 $172,149, % ($185,468) $10,955,427 $10,955,427 $44,240,456 25% C&I Small Retrofit - Government 0% 0% 0% Community based Pilot 0% 0% 0% 0% 0% 0% 0% 0% 0% TOTAL $579,477,416 $1,960,529,730 $1,960,529,730 $2,287,807,502 86% $442,942,689 $1,430,575,572 $1,430,575,572 $1,465,041,467 98% $136,534,728 $529,954,158 $529,954,158 $602,991,524 88% Estimated Lifetime Gas Savings (THERMS) Estimated Lifetime Oil Savings (MMBTU) Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD 4 Goal YTD % goal Quarter 13 Quarter 23 Quarter 33 Quarter 43 3 YTD Goal3,4 YTD % goal Residential 677,792 1,855,053 1,855,053 3,813,307 49% 788,633 2,774,811 2,774,811 4,317,000 64% Low Income 246, , , , % 202,682 1,011,357 1,011, , % Commercial & Industrial 313,013 (32,982,370) (32,982,370) (11,678,750) 282% (438,499) (266,664) (266,664) (1,183,098) 23% TOTAL 1,237,710 (30,600,028) (30,600,028) (7,364,275) 416% 552,816 3,519,504 3,519,504 3,887,367 91% Emissions Reductions (Short Tons) Sector NOX SO2 GHG (MA BASED) GHG (REGIONAL) Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD 4 Goal YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Quarter 1 Quarter 2 Quarter 3 Quarter 4 YTD Goal4 YTD % goal Residential % 833 1,920 1,920 1, % 591,130 1,441,796 1,441,796 1,316, % 526,557 1,292,962 1,292,962 1,199, % Low Income % % 79, , , , % 71, , , , % Commercial & Industrial 699 2,526 2,526 3,102 81% 1,922 6,950 6,950 8,534 81% 1,173,724 4,151,631 4,151,631 5,196,693 80% 1,024,712 3,612,825 3,612,825 4,535,104 80% TOTAL 1,037-3,320 3,320 3,743 89% - 2,853-9,135 9,135 10,300 89% 1,843,916 5,844,567 5,844,567 6,742,091 87% 1,622,779 5,136,431 5,136,431 5,943,624 86% Nox: SO2: GHG (Regional) GHG (MA Based) elec elec elec elec short ton/lifetime mwh gas gas short ton/lifetime gas therms oil oil short ton/lifetime oil mmbtu NOTES: 1. These initial figures have not been audited and are subject to reconciliation. In addition, each PA emphasizes that installations, savings and expenditures do not occur in a uniform, linear fashion throughout the calendar year and accordingly there may be significant variances for results in any given quarter. Without limitation, EM&V and large C&I project expenditures and applicable savings, which tend to be longer term in nature, can be subject to material variances on a quarterly and annual basis. 2. Total PA Expenditures consist of Planning and Administration,, Participant Incentive, Assistance and, and costs. 3. Goals are per PAs' final tables filed in the various 2012 Mid-Term Modification ("MTM") dockets. 4. The PAs will note and explain budget variances of significant magnitude as they arise. 5. Total Electric Benefits are those from capacity and energy savings. 6. Total Non-Electric Benefits are those from resource and non-resource benefits.

22 Model Form Quarterly Report Template CLC Summary Comparison Table: Quarterly and Year to Date Preliminary Results versus Goals Quarter: Q4 Year 2012 Participants Quarter 1 YTD Quarter 3 YTD Quarter 4 YTD YTD Goal 4 YTD % goal Quarter 1 YTD Total PA Expenditures Quarter 3 YTD Quarter 4 YTD (1/1/12-9/30/12) (1/1/12-12/31/12) Capacity (summer kw) YTD 3 Goal3,4 YTD % goal Quarter 1 YTD Quarter 3 YTD Quarter 4 YTD Energy (annual MWh) YTD Goal 4 YTD % goal Quarter 1 YTD Quarter 3 YTD Quarter 4 YTD Energy (lifetime MWh) YTD Goal 4 YTD % goal Quarter 1 YTD Quarter 3 YTD Quarter 4 YTD 4 YTD Goal YTD % goal Residential 10,795 36,596 53,793 70,054 70,054 54, % $1,305,002 $5,879,691 $7,830,975 $15,218,828 $15,218,828 $13,551, % 362 1,055 1,220 1,657 1,657 2,267 73% 2,738 8,650 11,861 15,694 15,694 13, % 23,564 71,027 95, , , ,056 97% Residential New Construction & Major Renovation % $54,980 $92,416 $138,920 $333,835 $333,835 $313, % % % 151 2,087 3,529 4,741 4,741 6,610 72% Residential Cooling & Heating Equipment ,768 1, % $28,973 $238,355 $388,831 $1,171,894 $1,171,894 $710, % % % 1,438 2,491 4,799 11,004 11,004 4, % Multi-Family Retrofit % $11,532 $113,014 $140,538 $281,299 $281,299 $284,809 99% % % 1,499 2,283 2,172 3,122 3,122-0% MassSAVE 1,983 3,363 4,448 5,954 5,954 4, % $968,798 $4,011,028 $5,261,118 $10,444,312 $10,444,312 $9,456, % % 1,377 2,523 2,783 3,768 3,768 4,591 82% 12,491 22,693 26,026 35,476 35,476 65,707 54% Behavior/Feedback % 0% % % % ENERGY STAR Lighting 7,690 30,851 45,334 58,408 58,408 41, % $10,861 $836,779 $1,133,708 $1,743,625 $1,743,625 $1,498, % ,117 1, % 1,011 5,042 7,933 10,030 10,030 6, % 7,137 37,302 54,334 69,570 69,570 46, % ENERGY STAR Appliances 815 1,645 2,690 3,542 3,542 7,720 46% $4,038 $155,972 $226,160 $391,231 $391,231 $430,000 91% % ,200 54% 848 4,171 4,295 5,709 5,709 9,694 59% Residential Education - - 0% $50,028 $78,423 $87,570 $93,046 $93,046 $96,000 97% - 0% - 0% - 0% - - 0% $558 $4,230 $5,965 $12,264 $12,264 $15,000 82% - 0% - 0% - 0% Heat Loan - - 0% $30,808 $128,037 $199,874 $389,188 $389,188 $250, % - 0% - 0% - 0% R&D and Demonstration - - 0% 0% - 0% - 0% - 0% - - 0% $11,162 $11,162 $11,886 94% - 0% - 0% - 0% Behavior/Feedback Pilot - - 0% $34,210 $34,210 $35,650 $41,279 $41,279 $81,307 51% - 0% - 0% - 0% Residential New Construction & Major Renovation - Major Renovation statewide pilot % $4,619 $23,847 $33,087 $86,923 $86,923 $127,521 68% - 0% - 0% - 0% Residential New Construction Multi Family (4-8 story) statewide pilot - 0% 0% - 0% - 0% - 0% Residential New Construction Lighting Design statewide pilot - 0% 0% - 0% - 0% - 0% Residential New Construction V3 Energy Star Homes statewide pilot - 0% 0% - 0% - 0% - 0% Heat Pump Water Heater Pilot - 0% 0% - 0% - 0% - 0% Residential Technical Development - 0% $1,603 $1,603 $13,113 $13,113 $40,000 33% - 0% - 0% - 0% Hot Roofs - 0% $13,793 $13,793 $24,000 57% - 0% - 0% - 0% Home Automation - 0% 0% - 0% - 0% - 0% Community based Pilot - 0% 0% - 0% - 0% - 0% - 0% $2,837 $56,372 $60,780 $73,193 $73,193 $90,000 81% - 0% - 0% - 0% - 0% 0% - 0% - 0% - 0% - 0% $99,782 $99,782 $99,782 $99,782 $99,782 $103,827 96% - 0% - 0% - 0% Sponsorship & Substriptions - 0% $2,978 $5,625 $17,389 $18,889 $18,889 $17, % - 0% - 0% - 0% Low Income ,056 1,410 1,410 1,500 94% $575,046 $1,295,675 $1,848,003 $2,924,806 $2,924,806 $3,510,157 83% % 882 1,394 1,335 1,755 1,755 1, % 6,533 11,505 14,808 20,722 20,722 12, % Low-Income Residential New Construction % $656 $656 $36,926 $36,926 $30, % % - (0) % (2) (2) % Low-Income 1 to 4 Family Retrofit ,105 1,105 1,200 92% $365,241 $1,037,115 $1,506,009 $2,413,045 $2,413,045 $2,805,638 86% % ,323 1,737 1, % 5,729 10,170 14,634 20,485 20,485 9, % Low-Income MultiFamily Retrofit % $191,056 $223,608 $298,349 $419,733 $419,733 $586,000 72% % % 806 1, ,369 2% - 0% $491 $9,433 $11,785 $13,838 $13,838 $15,000 92% - 0% - 0% - 0% Low-Income Energy Affordability Network - 0% $6,605 $12,946 $23,006 $23,006 $50,000 46% - 0% - 0% - 0% - 0% $18,258 $18,258 $18,258 $18,258 $18,258 $23,188 79% - 0% - 0% - 0% Commercial & Industrial % $241,862 $847,220 $4,012,386 $7,368,352 $7,368,352 $9,244,079 80% 2,660 1,243 1,637 2,977 2,977 2, % 1,393 4,676 6,692 11,419 11,419 8, % 16,616 58,088 56, , , , % C&I New Construction and Major Renovation % $51,967 $274,741 $397,547 $1,475,704 $1,475,704 $1,773,712 83% 2, ,183 1, % 286 1,245 1,914 4,711 4,711 3, % 3,097 15,333 23,089 65,686 65,686 42, % C&I New Construction and Major Renovation - Government % 0% % % % C&I Large Retrofit % $23,077 $219,417 $1,446,050 $2,025,325 $2,025,325 $3,415,413 59% ,842 31% ,237 1,871 1,871 4,982 38% ,778 11,470 17,712 17,712 60,764 29% Large C&I Retrofit - Government % 0% % % % C&I Small Retrofit % $113,033 $267,389 $2,072,793 $3,764,971 $3,764,971 $3,915,468 96% ,231 1, % 1,078 2,485 3,540 4,837 4, % 13,132 30,977 22,084 31,522 31,522 1, % C&I Small Retrofit - Government - - 0% 0% - - 0% - - 0% - - 0% Community based Pilot - 0% 0% - 0% - 0% - 0% - 0% $1,645 $31,916 $35,130 $39,986 $39,986 $52,500 76% - 0% - 0% - 0% - 0% 0% - 0% - 0% - 0% - 0% $50,537 $50,537 $50,537 $50,537 $50,537 $74,678 68% - 0% - 0% - 0% Sponsorship & Substriptions - 0% $1,603 $3,220 $10,328 $11,828 $11,828 $12,308 96% - 0% - 0% - 0% TOTAL 11,486 37,713 55,380 72,268 72,268 56, % $2,121,910 $8,022,586 $13,691,364 $25,511,986 $25,511,986 $26,305,442 97% 3,093 2,419 3,002 4,842 4,842 5,211 93% 5,014 14,721 19,888 28,868 28,868 23, % 46, , , , , , % Quarter 1 YTD Total Benefits Quarter 3 YTD Quarter 4 YTD (1/1/12-9/30/12) (1/1/12-12/31/12) YTD Goal 4 YTD % goal Quarter 1 YTD Total Electric Benefits Quarter 3 YTD Quarter 4 YTD (1/1/12-9/30/12) (1/1/12-12/31/12) YTD Goal 4 YTD % goal Quarter 1 YTD Total Non-Electric Benefits Quarter 3 YTD Quarter 4 YTD (1/1/12-9/30/12) (1/1/12-12/31/12) 4 YTD Goal YTD % goal Residential 0 27,093, ,652,982 60,652,982 81,244,610 75% 0 9,234, ,618,217 15,618,217 18,704,671 83% 0 17,859, ,034,765 45,034,765 62,539,939 72% Residential New Construction & Major Renovation 0 867, ,879,820 1,879,820 1,686, % 323, , , ,006 69% 543,280 1,258,710 1,258, , % Residential Cooling & Heating Equipment 0 1,452, ,144,823 4,144,823 3,427, % 466,082 1,979,797 1,979,797 1,528, % 986,144 2,165,025 2,165,025 1,898, % Multi-Family Retrofit 0 507, , , % 248, , ,560-0% 259, , ,376-0% MassSAVE 0 18,896, ,141,417 44,141,417 68,811,551 64% 3,181,655 3,611,985 3,611,985 9,467,182 38% 15,715,220 40,529,433 40,529,433 59,344,369 68% Behavior/Feedback % 0-0% 0-0% ENERGY STAR Lighting 0 4,840, ,971,210 8,971,210 6,038, % 4,512,345 8,374,670 8,374,670 5,613, % 327, , , , % ENERGY STAR Appliances 0 529, , ,776 1,280,964 62% 501, , ,095 1,196,807 61% 28,029 62,681 62,681 84,157 74% Residential Education % 0 0% 0 0% % 0 0% 0 0% Heat Loan % 0 0% 0 0% R&D and Demonstration % 0 0% 0 0% % 0 0% 0 0% Behavior/Feedback Pilot % 0 0% 0 0% Residential New Construction & Major Renovation - Major Renovation statewide pilot % 0 0% 0 0% Residential New Construction Multi Family (4-8 story) statewide pilot % 0 0% 0 0% Residential New Construction Lighting Design statewide pilot % 0 0% 0 0% Residential New Construction V3 Energy Star Homes statewide pilot % 0 0% 0 0% Heat Pump Water Heater Pilot % 0 0% 0 0% Residential Technical Development % 0 0% 0 0% Hot Roofs % 0 0% 0 0% Home Automation % 0 0% 0 0% Community based Pilot % 0 0% 0 0% % 0 0% 0 0% % 0 0% 0 0% Low Income 0 3,345, ,410,806 8,410,806 9,546,436 88% 0 1,385, ,736,030 2,736,030 1,471, % 0 1,960, ,674,776 5,674,776 8,074,467 70% Low-Income Residential New Construction 0 29, , , % (160) 21,181 21,181-0% 29, , ,902-0% Low-Income 1 to 4 Family Retrofit 0 3,085, ,676,039 6,676,039 7,403,888 90% 1,235,303 2,706,503 2,706,503 1,112, % 1,849,703 3,969,536 3,969,536 6,291,882 63% Low-Income MultiFamily Retrofit 0 231, ,087,684 1,087,684 2,142,548 51% 149,937 8,346 8, ,963 2% 81,183 1,079,338 1,079,338 1,782,585 61% % 0 0% 0 0% Commercial & Industrial 0 10,049, ,738,960 19,738,960 18,271, % 0 9,599, ,693,151 18,693,151 18,379, % 0 450, ,045,809 1,045, , % C&I New Construction and Major Renovation 0 2,404, ,792,516 10,792,516 6,747, % 2,427,687 10,857,255 10,857,255 6,827, % (22,927) -64,739-64,739 (79,924) 81% C&I New Construction and Major Renovation - Government % 0-0% 0-0% C&I Large Retrofit 0 2,072, ,059,720 3,059,720 11,269,587 27% 2,038,226 3,026,895 3,026,895 11,317,498 27% 34,653 32,825 32,825 (47,912) -69% Large C&I Retrofit - Government % 0-0% 0-0% C&I Small Retrofit 0 5,571, ,886,724 5,886, , % 5,133,108 4,809,000 4,809, , % 438,684 1,077,724 1,077,724 20, % C&I Small Retrofit - Government % 0-0% 0-0% Community based Pilot % 0 0% 0 0% % 0 0% 0 0% % 0 0% 0 0% TOTAL 0 40,488, ,802,748 88,802, ,062,733 81% 0 20,218, ,047,398 37,047,398 38,555,716 96% 0 20,270, ,755,350 51,755,350 70,507,017 73% Quarter 1 YTD Quarter 3 YTD (1/1/12-9/30/12) Quarter 4 YTD (1/1/12-12/31/12) YTD Goal 4 YTD % goal Quarter 1 YTD Quarter 3 YTD (1/1/12-9/30/12) Quarter 4 YTD (1/1/12-12/31/12) YTD 3 Goal3,4 YTD % goal Residential 749,906 1,956,315 1,956,315 3,269,449 60% 112, , , ,170 49% Low Income 64,240 69,304 69, ,813 25% 10,503 27,110 27,110 35,848 76% Commercial & Industrial 623, , ,244 (207,597) -312% 3,527 18,919 18, % TOTAL - 1,437,194-2,673,863 2,673,863 3,334,665 80% - 126, , , ,764 54% Sector Quarter 1 YTD Estimated Lifetime Gas Savings (THERMS) Quarter 3 YTD (1/1/12-9/30/12) NOX Quarter 4 YTD (1/1/12-12/31/12) YTD Goal 4 YTD % goal Quarter 1 YTD Estimated Lifetime Oil Savings (MMBTU) Quarter 3 YTD (1/1/12-9/30/12) Quarter 4 YTD (1/1/12-12/31/12) Emissions Reductions (Short Tons) YTD Goal 4 YTD % goal Quarter 1 YTD Quarter 3 YTD (1/1/12-9/30/12) Quarter 4 YTD (1/1/12-12/31/12) YTD Goal 4 YTD % goal Quarter 1 YTD Quarter 3 YTD (1/1/12-9/30/12) Quarter 4 YTD (1/1/12-12/31/12) 4 YTD Goal YTD % goal Residential % % 51, , , ,947 76% 46,883 93,570 93, ,148 75% Low Income % % 7,392 13,706 13,706 11, % 6,631 12,336 12,336 10, % Commercial & Industrial % % 35,052 66,900 66,900 54, % 31,211 59,301 59,301 48, % TOTAL % % 94, , , ,315 91% 84, , , ,739 90% Annual Gas Nox: SO2: GHG (Regional) GHG (MA Based) Sector Planned Avg Life Savings Annual Oil Savings elec elec elec elec short ton/lifetime mwh Resi ,253 42,169 gas gas short ton/lifetime gas therms Low Income 10.3 (54) 3,034 oil oil short ton/lifetime oil mmbtu C&I 13.1 (10,067) 1,466 Total ,132 46,669 From Company's Tables NOTES: 1. These initial figures have not been audited and are subject to reconciliation. In addition, each PA emphasizes that installations, savings and expenditures do not occur in a uniform, linear fashion throughout the calendar year and accordingly there may be significant variances for results in any given quarter. Without limitation, EM&V and large C&I project expenditures and applicable savings, which tend to be longer term in nature, can be subject to material variances on a quarterly and annual basis. SO2 GHG (MA BASED) GHG (REGIONAL) 2. Total PA Expenditures consist of Planning and Administration,, Participant Incentive, Assistance and, and costs. 3. Goals are per PAs' final tables filed in the various 2012 Mid-Term Modification ("MTM") dockets. The Company's 2012 MTM is Docket D.P.U The PAs will note and explain budget variances of significant magnitude as they arise. 5. Total Electric Benefits are those from capacity and energy savings. 6. Total Non-Electric Benefits are those from resource and non-resource benefits. 7. Due to the work effort involved to make this calculation, the Cape Light Compact is not claiming C&I non-electric, non-resource benefits in its Quarterly Reports. The Cape Light Compact will add this into its Annual Report at the end of the year. 9. Savings and benefits do not reflect 2011 EM&V study findings