Webinar: Economic Impacts and Cost-Effectiveness of Minnesota’s Conservation Improvement Program 2013-2018
May 27, 2020 | 2-3pm
Minnesota Department of Commerce
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 (firstname.lastname@example.org), R&D Program Administrator at the Department of Commerce, Division of Energy Resources.