Webinar: Economic Impacts and Cost-Effectiveness of Minnesota’s Conservation Improvement Program 2013-2018

May 27, 2020 | 2-3pm
Minnesota Department of Commerce
Event Description

Join us to learn about how the investments made in 2013-2018 by the Conservation Improvement Program (CIP) benefit the state economy by creating jobs, increasing the labor force, and increasing economic activity.

In this CARD-funded webinar, Amalia Hicks and Cynthia Kan from Cadmus will provide an overview of the study findings:

  • Impacts accrued from direct CIP investments in 2013-2018, persisting energy savings through 2042, and benefits from reduction of harmful emissions.
  • Net impacts on employment, labor force, economic activity, and disposable personal income for the overall portfolio and a comparison of impacts along these characteristics:
    • Utility type (investor-owned, municipal, cooperative)
    • CIP program fuel type (gas and electric)
    • Income qualification (Low-income and standard programs)
  • Sectors experiencing the largest changes in employment 
  • Changes in consumer purchasing power over time
  • Cost-effectiveness according to the standard tests used to evaluate CIP with enhancements that include the economic impacts generated by CIP
  • Discussion of potential rate impacts from CIP

Results from this study will inform ongoing and future CIP planning and development. 

Please NOTE: We will be conducting this webinar with all presenters and technical staff working remotely. We don’t anticipate any glitches but we appreciate your patience and understanding if it takes us a little longer to start or if the webinar is a little less smooth than usual.

For more information contact Mary Sue Lobenstein (marysue.lobenstein@state.mn.us), R&D Program Administrator at the Department of Commerce, Division of Energy Resources.