Common use of Goals and Objectives of the Agreement Agreement Goals Clause in Contracts

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Help transition the California new home construction market to ZNE. • Demonstrate and investigate the economic feasibility of ZNE for new construction. • Evaluate interactions between occupants and technologies within ZNE homes. • Monitor and develop better understanding of the role of occupant behavior, plug loads, and appliance efficiency of ZNE homes. • Evaluate understanding, valuation, and integration of ZNE as a new home feature within consumer and real estate market-actor decision processes. • Understand consumer energy costs and homebuilder construction costs related to various packages of efficiency features, fuel mixes, and utility rate structures. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety to ratepayers who benefit from the Electric Program Investment Charge (EPIC) program. Increased grid reliability will be achieved through the development of 45 to 50 new homes with several efficiency measures being deployed to demonstrate substantial reductions to (and in some cases elimination of) peak demand. Deployment of envelope measures including wall and attic/roof deck insulation, installation of above code seasonal energy efficiency ratio and energy efficiency ratio ducted heat-pump air conditioners and substantially reducing attic temperatures through high performance attics will reduce the impact of new residential homes on the electric grid at peak periods in turn improves grid reliability. Lower costs will be achieved by investigating the differences between the abstract, time- dependent valuation (TDV)-based definition of ZNE and actual consumer costs that would be incurred by residents of ZNE homes under various rate structures, which can help close the gap between policy-based TDV ZNE and real utility costs for consumers. Costs will be lowered by 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). implementing phased development, working through construction-site challenges, allowing for the identification of the most cost effective approaches to ZNE construction. The ZNE Community- Scale demonstration will increase investor owned utility ratepayer safety by measuring IAQ in homes with significant reductions in natural ventilation due to envelope infiltration to determine if the changes to envelope tightness create potentially unsafe conditions, and assessing the efficacy of balanced ventilation systems in providing adequate outdoor air. Technological Advancement and Breakthroughs:3 This Agreement will fund a community-scale ZNE demonstration project, which will serve as proof-of-concept for large-scale deployment of ZNE single-family homes in California. The primary objective of the project is to overcome cost barriers by learning how to construct ZNE homes without creating undue cost burdens on California businesses or consumers, while also assuring that changes to home design do not pose health and safety or other risks to occupants. Additionally, the project will provide a clearer understanding of the assumptions and equations used in modeling site energy use, and renewable generation and their ability to predict when a home has achieved ZNE status.

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: • Help transition the California new home construction market to ZNE. • Demonstrate and investigate the economic feasibility of ZNE for new construction. • Evaluate interactions between occupants and technologies within ZNE homes. • Monitor and develop better understanding of the role of occupant behavior, plug loads, and appliance efficiency of ZNE homes. • Evaluate understanding, valuation, and integration of ZNE as a new home feature within consumer and real estate market-actor decision processes. • Understand consumer energy costs and homebuilder construction costs related to various packages of efficiency features, fuel mixes, and utility rate structures. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety to ratepayers who benefit from the Electric Program Investment Charge (EPIC) program. Increased grid reliability will be achieved through the development of 45 to 50 new homes with several efficiency measures being deployed to demonstrate substantial reductions to (and in some cases elimination of) peak demand. Deployment of envelope measures including wall and attic/roof deck insulation, installation of above code seasonal energy efficiency ratio and energy efficiency ratio ducted heat-pump air conditioners and substantially reducing attic temperatures through high performance attics will reduce the impact of new residential homes on the electric grid at peak periods in turn improves grid reliability. Lower costs will be achieved by investigating the differences between the abstract, time- dependent valuation (TDV)-based definition of ZNE and actual consumer costs that would be incurred by residents of ZNE homes under various rate structures, which can help close the gap between policy-based TDV ZNE and real utility costs for consumers. Costs will be lowered by implementing phased development, working through construction-site challenges, allowing for 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). implementing phased development, working through construction-site challenges, allowing for the identification of the most cost effective approaches to ZNE construction. The ZNE Community- Community-Scale demonstration will increase investor owned utility ratepayer safety by measuring IAQ in homes with significant reductions in natural ventilation due to envelope infiltration to determine if the changes to envelope tightness create potentially unsafe conditions, and assessing the efficacy of balanced ventilation systems in providing adequate outdoor air. Technological Advancement and Breakthroughs:3 This Agreement will fund a community-scale ZNE demonstration project, which will serve as proof-of-concept for large-scale deployment of ZNE single-family homes in California. The primary objective of the project is to overcome cost barriers by learning how to construct ZNE homes without creating undue cost burdens on California businesses or consumers, while also assuring that changes to home design do not pose health and safety or other risks to occupants. Additionally, the project will provide a clearer understanding of the assumptions and equations used in modeling site energy use, and renewable generation and their ability to predict when a home has achieved ZNE status.

Goals and Objectives of the Agreement Agreement Goals. The goals of this Agreement are to: •  Help transition the California new home construction market to ZNE. •  Demonstrate and investigate the economic feasibility of ZNE for new construction. •  Evaluate interactions between occupants and technologies within ZNE homes. •  Monitor and develop better understanding of the role of occupant behavior, plug loads, and appliance efficiency of ZNE homes. •  Evaluate understanding, valuation, and integration of ZNE as a new home feature within consumer and real estate market-actor decision processes. •  Understand consumer energy costs and homebuilder construction costs related to various packages of efficiency features, fuel mixes, and utility rate structures. Ratepayer Benefits:2 This Agreement will result in the ratepayer benefits of greater electricity reliability, lower costs, and increased safety to ratepayers who benefit from the Electric Program Investment Charge (EPIC) program. Increased grid reliability will be achieved through the development of 45 to 50 new homes with several efficiency measures being deployed to demonstrate substantial reductions to (and in some cases elimination of) peak demand. Deployment of envelope measures including wall and attic/roof deck insulation, installation of above code seasonal energy efficiency ratio and energy efficiency ratio ducted heat-pump air conditioners and substantially reducing attic temperatures through high performance attics will reduce the impact of new residential homes on the electric grid at peak periods in turn improves grid reliability. Lower costs will be achieved by investigating the differences between the abstract, time- dependent valuation (TDV)-based definition of ZNE and actual consumer costs that would be incurred by residents of ZNE homes under various rate structures, which can help close the gap between policy-based TDV ZNE and real utility costs for consumers. Costs will be lowered by 2 California Public Resources Code, Section 25711.5(a) requires projects funded by the Electric Program Investment Charge (EPIC) to result in ratepayer benefits. The California Public Utilities Commission, which established the EPIC in 2011, defines ratepayer benefits as greater reliability, lower costs, and increased safety (See CPUC “Phase 2” Decision 00-00-000 at page 19, May 24, 2012, xxxx://xxxx.xxxx.xx.xxx/PublishedDocs/WORD_PDF/FINAL_DECISION/167664.PDF). implementing phased development, working through construction-site challenges, allowing for the identification of the most cost effective approaches to ZNE construction. The ZNE Community- Community-Scale demonstration will increase investor owned utility ratepayer safety by measuring IAQ in homes with significant reductions in natural ventilation due to envelope infiltration to determine if the changes to envelope tightness create potentially unsafe conditions, and assessing the efficacy of balanced ventilation systems in providing adequate outdoor air. Technological Advancement and Breakthroughs:3 This Agreement will fund a community-scale ZNE demonstration project, which will serve as proof-of-concept for large-scale deployment of ZNE single-family homes in California. The primary objective of the project is to overcome cost barriers by learning how to construct ZNE homes without creating undue cost burdens on California businesses or consumers, while also assuring that changes to home design do not pose health and safety or other risks to occupants. Additionally, the project will provide a clearer understanding of the assumptions and equations used in modeling site energy use, and renewable generation and their ability to predict when a home has achieved ZNE status.