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2023.08.08 WS Packet
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2023.08.08 WS Packet
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<br />New Brighton Energy Action Plan 34 <br /> <br />Sector <br />Electricity <br />Costs <br />Natural Gas <br />Costs Total Costs <br />Average Annual <br />Cost per <br />Premise <br />Residential $8,536,271 $3,721,529 $12,257,800 $1,225 <br />Commercial and <br />Industrial $10,912,880 $2,781,301 $13,694,181 $12,476 <br />Municipal $546,648 $103,290 $649,939 $9,999 <br />Total $19,995,799 $6,606,121 $26,601,920 <br /> <br />Energy Burden <br />Energy burden is the percentage of income that residents spend on energy. New Brighton residents <br />making 30% or less of the median area income spend up to 16% of their income on energy costs. <br />Notably, energy burden is higher across every income group for homeowners rather than renters. This is <br />unusual and may be due to New Brighton’s slightly older single-family housing stock in comparison to its <br />newer multi-family housing stock. <br /> <br />Program Participation and Savings <br />New Brighton already has a significant number of participants in energy efficiency programs from Xcel <br />Energy, resulting in energy savings for residents and commercial customers. While fewer commercial <br /> <br /> <br />5 Department of Energy Low-income Energy Affordability Data (LEAD) Tool. <br />Table 15. Average annual energy costs by sector and fuel type, 2019–2021. <br />Figure 15. Energy burden by unit occupancy and median income.5 <br />
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