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Accounting for Federal Tax Incentives and Other Transfers in Benefit-Cost Analysis of DERs

August 13 @ 1:00 PM - 3:00 PM EDT


Event Details

*To register with Group Member Points, email [email protected]

Awards 0.2 CEUs / 2 PDHs (Click for more info)

AESP is accredited by the International Association for Continuing Education and Training (IACET). AESP complies with the ANSI/IACET Standard, which is recognized internationally as a standard of excellence in instructional practices. As a result of this accreditation, AESP is authorized to issue the IACET CEU. AESP instructors disclose in advance that they have no interest in any product, service, or material discussed during the course. This information is stated orally and in the training course handbook.

This training course will describe how “transfers” – i.e., when an impact on one party is exactly offset by an inverse impact on another party – can be identified and accounted for in benefit-cost analysis (BCA) for distributed energy resources (DERs). The guidance builds on the National Standard Practice Manual for Benefit-Cost Analysis of Distributed Energy Resources (NSPM) and expands upon some of the guidance provided therein.

Tax incentives for installing or otherwise implementing energy technologies are one example of an impact that might be considered a transfer. With the recent significant increases in federal tax incentives for installing clean DERs, it is critical that they be properly characterized and accounted for in BCAs. Other examples of transfers that will be addressed are treatment of utility performance incentives, market price effects and host customer incentives.

The course will present key questions to consider in determining whether an impact is a transfer or not and will explain how the determination depends upon the scope of the BCA test being applied, i.e., whether it is the Utility Cost Test (UCT), the Total Resource Cost Test (TRC), the Societal Cost Test (SCT), or a Jurisdiction-Specific Test (JST).

At the conclusion of this course, attendees will:

• Describe what constitutes a transfer in the context of Benefit-Cost Analysis for Distributed Energy Resources.

• Identify and classify impacts as transfers or non-transfers in various BCA scenarios for DERs.

• Evaluate the role of transfers in different BCA tests (Utility Cost Test, Total Resource Cost Test, Societal Cost Test, and Jurisdiction-Specific Test) and explain how the scope of the test affects the characterization of transfers.

*Attendees must earn an 70% or higher on the final course test in order to earn 0.2 CEUs.


Tim Woolfe

Tim Woolfe

Vice-President, Synapse Energy Economics

Tim Woolf, Synapse Energy Economics. Mr. Woolf is Vice-President of Synapse and lead author of the NSPM, as well as a forthcoming paper on Accounting for Federal Tax Incentives and other Potential Transfers in Benefit-Cost Analysis of Distributed Energy Resources being developed for the National Energy Screening Project (NESP).


August 13
1:00 PM - 3:00 PM EDT
Event Category:


(480) 704-5900
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