State & Local Energy Report, Winter 2014, by Robin LeBaron and Kara Saul-Rinaldi.

"Cost-effectiveness testing is crucial to the future of energy efficiency programs. Commissions and utilities use cost-effectiveness tests to make decisions about which energy efficiency and other demand-side programs to fund. If a new energy efficiency program doesn’t pass the tests, it may never be created. And in some states, programs are being constrained or even eliminated as a result of these tests.

The National Home Performance Council (NHPC) is proposing a solution in the form of a new framework for the tests. The Resource Value Framework (RVF) proposes a number of strategies for ensuring that the tests provide decision makers with accurate information. They include a worksheet to promote transparency and balance in test inputs, alignment of the tests with existing state policies, and use of best practices