Utility Regulation & Policy
During the holiday season, we are inundated with marketing messages as well as goods and services — hallmarks of our market economy. Popular products include holiday lights, once made only with incandescent bulbs but now mostly with LEDs. This shift to efficient LEDs is an offshoot of a much larger market transformation in lighting, which has saved vast amounts of energy.
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.
Residents and businesses across the country are saving energy and money thanks to smart state policies. Their stories help explain why some states climbed in our 2017 State Scorecard or maintained strong standings. This year for the first time, we included stories of individuals and communities in our state-specific score sheets.
Energy efficiency programs are especially important for low-income customers. Well-designed programs can help relieve the significant energy burdens faced by low-income families and also provide benefits like increased comfort and healthier homes. But getting these programs right takes careful planning.
As gas and electric utilities increasingly rely on energy efficiency as a resource, innovative ways to evaluate its impacts are emerging. Our new report Recent Developments in Energy Efficiency Evaluation, Measurement, and Verification presents examples of what pioneering states and utilities are doing to address challenges and take steps to evolve in a changing utility landscape.
Washington, DC—As more states struggle with extreme weather events, the 2017 State Energy Efficiency Scorecard gives state-level policymakers a road map for building stronger and more-resilient communities. This 11th annual report from the American Council for an Energy-Efficient Economy (ACEEE), released today, shows which states are doing the best on energy efficiency — a critical tool for withstanding and recovering from storms and economic shocks.
Southeastern residents currently face historically high poverty rates, and low-income households spend an average of three times as much on energy bills, as a portion of their monthly income, than other families. Energy efficiency investments could help lower energy bills, but low-income residents in the region often lack access to energy-saving upgrades.
Today the Trump Administration is launching an Energy Week to promote our nation’s “energy dominance” by increasing fossil fuel production. Notably absent in White House plans so far are discussions on how to increase energy efficiency, generally the cheapest way to meet our energy needs. Energy efficiency doesn’t just save us money, it supports millions of jobs. It should be included in a truly great Energy Week.
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:
More states are undertaking new approaches to utility planning that prioritize clean, distributed energy resources, but few are considering combined heat and power (CHP) for meeting the demands of the modern grid. In many ways, CHP provides exactly what they need.