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Electricity savings in the Pacific Northwest. NEEA does not accept proposals for projects that solely reduce fossil fuel use or produce new electricity such as solar photovoltaics, wind projects, small-scale hydro or distributed generation.
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Financial return or cost-effectiveness. The total benefits of buying the products or service must be greater than the total costs paid by the consumer and the region.
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Long-term Market Impact. Consumers’ benefits must outweigh costs, so they will continue to buy the product or service without incentives in the future.
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Geographic Balance. NEEA prefers products or services that are available to many businesses or consumers throughout the four-state northwest region.
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Customer Class Reach. Products or services that are available to many customer types-agricultural, industrial, commercial, and residential are preferred. .
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Have Private Sector Co-investment. NEEA prefers projects that have private sector or other sources of co-investment, co-funding or cost-sharing. While co-investment is not essential, it demonstrates investor confidence and helps to reduce NEEA’s risk. |