Energy Efficiency as a Resource
Utilities have options when it comes to meeting customer demand for electricity. They can build power plants to convert fossil fuels to energy. They can capture renewable resources like solar and wind. And they can work with residents and businesses to lower demand by implementing energy efficiency programs.
Electric utilities and independent statewide program administrators deliver a substantial share of efficiency programs across the country. Some utilities have delivered such programs for decades. Since the mid-2000s, though, the size and scope of the programs have grown dramatically. Today, utilities and administrators implement energy efficiency programs in all 50 states and the District of Columbia.
On Wednesday, a group of Ohio policymakers released their recommendations to indefinitely freeze the state's clean energy and energy efficiency targets. Their misinformed recommendations, if implemented, would once again deliver a major setback to Ohio energy bill payers and the state's clean energy economy.
ACEEE Executive Director Testifying Before House Energy and Power Subcommittee Today on “The Economic Impacts of State Energy Policies”
Washington D.C.—At a congressional hearing today, Steven Nadel, executive director of ACEEE, said that “states are stepping out and leading energy efficiency efforts in the United States as a way to save energy, lower consumer bills, and promote economic development.”
In his testimony, Nadel noted that there are large opportunities for cost-effective energy efficiency investments, investments that can aid economic development by:
U.S. Places 13th Out of 16, Behind Australia, India, and South Korea; Germany Wins “World Cup” of Energy Efficiency: 2nd International Scorecard Evaluates 16 Leading World Economies on 31 Categories.
Washington, D.C.—Energy efficiency targets implemented in half of U.S. states in 2012 saved enough electricity to power 2 million homes for a year. These are the findings of Energy Efficiency Resource Standards: A New Progress Report on State Experience, a new report released today by ACEEE, based on the most recently available data. The report also finds that most states met or exceeded their targets and that the standards are making substantial contributions to national energy savings.
Energy Efficiency Costs Utilities 2 to 3 Times Less Than Traditional Power Sources; Average of 2.8 Cents per Kilowatt Hour
Washington, D.C.—According to a new report released today by ACEEE, energy efficiency is the cheapest method of providing Americans with electricity. Energy efficiency programs aimed at reducing energy waste cost utilities only about three cents per kilowatt hour, while generating the same amount of electricity from sources such as fossil fuels can cost two to three times more.
Portfolio of Policies and Programs Could Meet 13% of Electricity and 10% of Natural Gas Demand, Create 32,000 Jobs, and Generate $4.3 billion in Economic Growth by 2025
Energy Efficiency Programs and Policies Could Save Louisiana Residents and Businesses over $4 Billion
New Orleans Already Beginning to Lead State in Energy Efficiency Efforts, but Tremendous Savings for Residents and Businesses Still Untapped