Energy Efficiency as a Resource
A recent federal proposal puts a spotlight on an uncommonly popular topic: wholesale energy markets. Our new research shows that energy efficiency has provided steadily increasing value to grid operators and customers in two such markets. Our report, Energy Efficiency in Capacity Auctions: A Historical Review of Value, finds that since they have been included, efficiency resources have almost tripled in the Mid-Atlantic auction and almost quadrupled in a similar auction in New England.
Our first-ever scorecard of US utilities, released today, reveals striking regional differences and identifies the best — and worst — performers on energy efficiency. The 2017 Utility Energy Efficiency Scorecard looks at the performance of the 51 largest electric utilities in the United States and highlights cutting-edge efforts. Topping the list are Eversource Massachusetts and National Grid Massachusetts, which both earned the same score.
What is your utility doing to promote energy efficiency? Could it be doing more? Find out in ACEEE’s first Utility Energy Efficiency Scorecard, to be released on Wednesday, June 14, 2017. Get excited about this first-of-its-kind, comprehensive look at utility-sector energy efficiency performance by joining our countdown to its release. Here are 10 things to look for:
Today, most American households pay for electric service via a two-part electric rate. This typically consists of a small, fixed customer charge ($ per month) and an energy rate applied per unit of electricity ($ per kilowatt hour). There are some variations on this model, including energy rates that vary based on time of day or total monthly consumption, but the basic structure of residential rates hasn’t changed much over time. In recent years, utilities have proposed significant departures to this format to address the changing dynamics of the electric utility industry.
Washington, DC—Maryland could gain more than 68,000 new jobs and $3.75 billion in new gross domestic product as a result of investments to be made over the next 10 years through the EmPOWER Maryland energy efficiency program, according to a new study from the American Council for an Energy-Efficient Economy (ACEEE). The study comes as the Maryland General Assembly debates bipartisan legislation to extend EmPOWER Maryland and establish new statewide energy efficiency goals.
Our new analysis finds energy efficiency is the 3rd largest resource in the US electric power sector
Have you ever described efficiency as an energy resource and gotten a quizzical look in return? We have, even though utility system planners have been using energy efficiency for decades to make sure that power for their customers is both reliable and affordable. For those of us who have been in the energy efficiency industry for years, or even decades, we sometimes take for granted that others will understand what we mean. But we must not.
Pennsylvania’s large utility customers shouldn’t opt out of paying their fair share to reduce energy waste
Currently there is an attempt in Pennsylvania’s statehouse to allow large utility customers to shirk their responsibility to reduce their energy waste. Senate Bill 805 would allow large industrial and commercial companies to opt out of Act 129, the Pennsylvanian statewide initiative to create a more energy-efficient economy.
Energy efficiency provides many benefits to the electric utility system. One of these benefits is reducing the market price for electric generation. PJM Interconnection, the operator of the largest electric grid in the United States serving approximately 61 million people, wrapped up its most recent generation capacity auction last week. This auction determines the price paid to power plants three years in the future.
Electric energy efficiency programs have grown substantially in the last ten years. As they’ve grown, leaders have emerged. In our new report, Big Savers: Experiences and Recent History of Program Administrators Achieving High Levels of Energy Savings, we showcase 14 of these leaders. The report is not an exhaustive review of every leading utility or program administrator, nor is it a ranking system. Instead, we tell the story of these 14 through analysis of performance data and discussions with program managers.