Energy Efficiency Fund
Massachusetts Public Benefit Funds
Massachusetts's 1997 electric utility restructuring legislation created two separate public benefit funds to promote renewable energy and energy efficiency for all customer classes
Funding and Administration
The energy efficiency fund is authorized to support energy efficiency programs, including demand-side management (DSM) programs and low-income energy programs. It is funded by several sources: a non-bypassable surcharge of $0.0025 per kilowatt-hour (2.5 mills/kWh), imposed on customers of all investor-owned electric utilities in Massachusetts; amounts generated under the Forward Capacity Market program administered by ISO-New England; cap-and-trade pollution control programs, including the Regional Greenhouse Gas Initiative (RGGI)
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