All industries use acronyms, but anyone who reads this blog can attest the electricity sector seems to have more than its fair share. One of these acronyms – TRC – stands for Total Resource Cost and represents the key means by which utilities measure the cost effectiveness of energy efficiency. Another – DR – is demand response, or a voluntary energy conservation tool that rewards people who use less electricity during times of peak, or high, energy demand.
Getting each of these acronyms – and their associated clean energy resources – right is critical if we are to run our electric grid as efficiently as possible. Fortunately for Pennsylvania’s clean energy economy, the state’s Public Utility Commission (PUC) last week took a commendable step toward more fairly valuing both energy efficiency and demand response. Read More