Energy Efficiency Investments as an Economic Productivity Strategy for Texas

Research Report E112

Authors

John A. "Skip" Laitner

Description:

Texas, among the fastest growing states in the country, has a significant opportunity to improve its productivity by quadrupling its investments in energy efficiency over the next two decades.   This assessment reviews and updates a 2007 study competed by ACEEE and provides a new assessment of the potential for energy efficiency and combined heat and power to reduce current projections of electricity sales by 20 to 30 percent by the year 2030.  The net electricity bill savings could be substantial, ranging from $12 to $14 billion over the period 2012 through 2030.  At the same time, the cost-effective investments would direct spending within the state that might boost employment by a net of 50,000 to 100,000 jobs.