Beneficial Electrification Test to Assess Benefits and Costs
To Achieve Widespread Decarbonization
This article considers the opportunities and challenges of evaluating beneficial electrification investments using a BCA framework that has routinely been used for energy efficiency. It describes the traditional energy efficiency BCA tests, explores how the allocation of benefits and costs change for beneficial electrification investments, and offers suggestions that policymakers and analysts may consider when interpreting BCA test results.