Energy Efficiency Investment
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:
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.
Bank of America’s Energy Efficiency Financing Program shows path to combining energy savings and community development
If you spend any time with the energy efficiency crowd, you will often hear us call it the lowest cost energy resource out there. What you will never hear us say is that energy efficiency is free. Efficiency can do many great things: It saves money, cuts pollution, increases productivity, and creates jobs. What it can’t do is defy one of the fundamental laws that governs all investments—it takes money to make money.
One of the distinctions we often make between energy and energy efficiency is that energy acts more like a cost, and energy efficiency acts more like an investment. Like most investments, energy efficiency works by using an up front expense to generate a stream of economic benefits. Every year, our Energy Efficiency Finance Forum conference looks at ways to manage these up-front costs and how to use that stream of benefits to turn energy efficiency into a viable investment market.
The 2016 International Scorecard is almost here. Tune in next week to see the Olympics of energy efficiency
As world-class athletes descend on Rio for the 2016 Olympic Games, twenty-three countries are vying in a very different arena to become leaders in energy efficiency.
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.
As the stock market soared to new heights after the Great Recession, so too did energy efficiency financing. Our new paper, Energy Efficiency Finance: A Market Reassessment provides an overview of structures that are working in the energy efficiency finance industry today, which markets still remain elusive, and what opportunities the future may hold.
Even when the economy is doing well, economic growth and job creation always seem to be at the center of focus for policymakers at every level of government. So it’s only natural that when energy efficiency policies and programs are being discussed one of the questions that often comes is how will proposed initiatives affect jobs.