The Ontario Power Authority is pleased to provide the conservation results for the programs it administered in 2009 and 2010. These results clearly demonstrate a significant value to customers in Ontario. Conservation programs over the 2009 and 2010 period cost consumers less than five cents per kilowatt-hour. This compares to five to 80 cents per kilowatt-hour if that energy had to be generated.
The OPA achieved significant progress from its portfolio of conservation programs. In 2009, demand reduction of 719 megawatts (MW) and energy savings of 630 gigawatt-hours (GWh) were achieved. In 2010, the results were 669 MW of demand reduction and 716 GWh of energy savings. That is enough to power 75,000 homes for one year.
Demand reductions are verified reductions in the annual peak demand. A reduction in peak demand means that additional generation does not need to be built to meet the peak, as supply must always meet demand. Energy savings are verified, persistent savings in the consumption of electricity, and it represents electricity that did not need to be generated.
Ontario achieved a total of 1,007 MW, or 75 percent, of the 2010 interim demand reduction target of 1,350 MW. Results during the past few years have been slowed by the economic downturn, which caused fewer residents and businesses to invest in energy-efficiency initiatives.
Ontario continues to be a North American energy conservation leader. With the new saveONenergy programs being delivered by local distribution companies for 2011 to 2014, the province is on track to realize the even higher targets set in the Long-Term Energy Plan: 7,100 MW in demand reduction and 28 terawatt-hours in energy savings by the end of 2030.
The OPA continues to refine its conservation portfolio in keeping with the principles of the Green Energy Act. Key objectives are to offer programs to every sector, to raise awareness and educate consumers, and to support innovation and market transformation.