On May 16, 2011, Senators Jeanne Shaheen (D-NH) and Rob Portman (R-OH) introduced the Energy Savings and Industrial Competitiveness Act of 2011 (Shaheen-Portman; S. 1000). On July 14, 2011, this bill was ordered to be reported out by the Senate Energy and Natural Resources Committee with bipartisan support. This bill contains a variety of provisions designed to promote energy efficiency technologies and foster job creation. The Shaheen-Portman bill is expected to be combined with the Implementation of National Consensus Appliance Agreement Act of 2011 (INCAAA; S. 398) on the Senate floor. INCAAA contains a variety of consensus agreements on new and updated minimum efficiency standards for a variety of products.
This analysis evaluates the energy efficiency provisions in both the Shaheen-Portman and INCAAA bills, and finds that these bills, individually and combined, can reduce energy use, save consumers money, and support a significantly larger number of jobs than would be sustained without the energy efficiency improvements.