Efficiency Potential & Market Analysis
Congress is now on its summer recess, but just before leaving, the Senate made the Energy Savings and Industrial Competitiveness Act (S. 1392) the official order of business on the Senate floor upon the members’ return on September 9th. The bill was drafted by Senators Shaheen (D-NH) and Portman (R-OH) and contains useful provisions on building codes, industrial energy efficiency, and efficiency improvements to federal facilities.
Observers of U.S. energy policy might think of energy efficiency as a useful investment strategy to smartly manage the growth of energy consumption. They might also see it as a cost-effective means to ease our transition into a post-carbon world. And yes, the evidence does support both of these notions.
Over the past several years, financing for energy efficiency investments has been widely viewed as a promising solution to reducing upfront cost barriers to investment in energy efficiency. However, several markets, including multi-tenant commercial office and multi-family, remain stubbornly hard to reach.
Like the great river that is its namesake, Mississippi has been moving swiftly along on efforts to save residents and businesses money on their energy bills, and as a result is becoming a regional leader in energy efficiency. Governor Phil Bryant, the Mississippi Legislature, and the Mississippi Public Service Commission (MPSC) have all taken major steps recently to improve energy efficiency.
Louisiana’s Opportunity to Create Jobs and Save Residents and Business Billions on Their Energy Bills
Soon Louisiana could join the majority of states in the nation, including its neighbor Arkansas, in realizing the vast benefits of energy efficiency for its electric and natural gas customers.
Any day now the legal and technical advisors to the City Council of New Orleans are expected to make recommendations for the proposed integrated resource plan and 2014–2017 energy efficiency programs for the city. New Orleans has been an efficiency leader in the Southeast with its quick-start Energy Smart programs that have been running since 2011.
On May 13–15, ACEEE hosted the 7th Annual Energy Efficiency Finance Forum in Chicago, Illinois. Once again, we had record-breaking attendance—nearly 300 participants—and representation from a wide array of industries, including financial services; utilities; and federal, state, and local government.
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