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Benefits and Costs of Aggressive Energy Efficiency Programs and the Impacts of Alternative Sources of Funding: Case Study of Massachusetts

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Peter Cappers, Andrew Satchwell, Charles Goldman, Jeff Schlegel
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This analysis, based on the Massachusetts Green Communities Act, looks at the impact of energy efficiency targets mandated by the Act on rates and shareholder earnings and return on equity. A Massachusetts "super-utility" model was created to examine short-term and long-term impacts and to identify several alternative revenue sources to help defray the cost to ratepayers.