Modeling and analysis of a programmatic residential insulation plan

Abstract

The results of the modeling and analysis of a programmatic insulation plan are presented. After an analysis of the results of the load research data available, to determine the largest customer group that could benefit from such a program, it was concluded that the largest residential customer group that could benefit from a programmatic insulation plan was conventional residential homeowners. Hence, these consumers were targeted for a cost/benefit analysis. To determine whether or not a programmatic insulation plan is economically feasible, a benefit/cost analysis was necessary. The cost and benefit parameters were identified first. Then, the costs and benefits of each parameter were quantified over a study period of ten years, with the values adjusted to 1987 dollars. A comparison of the costs and benefits shows that costs outweigh benefits. However, this cost/benefit comparison is inequitable, since the benefits of the program continue beyond the study period while the costs do not. Also, program implementation costs (such as marketing, administration) and loss of revenue costs to the utility are not included in this evaluation.< <ETX xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">&gt;</ETX>