I am pleased to report that all the “market fundamentals” continue to look strong for utility-sector energy efficiency. While the recession has eased electric demand a bit, long-term concerns about system reliability and adequacy of supply remain.
The Public Utilities Commission of Texas (PUCT) approved new rules for utility energy efficiency programs this week. The centerpiece to the rule change is an increase to the state’s energy savings targets from 20% of electric demand growth to 25% growth in demand in 2012 and 30% in 2013 and beyond. The rule also establishes customer cost caps to contain costs.
Utilities in the southwest are making major strides in energy efficiency, quickly raising the region’s status as a leader in utility-run demand-side management (DSM) programs. A number of the region’s investor-owned utilities have incorporated aggressive DSM program plans into the integrated resource planning process, which allows utilities to carefully plan and establish energy efficiency savings and spending goals.
Recession Not Dimming States' Growing Focus on Energy Efficiency as "First Fuel," With CA, MA, and CT Rated Best on Implementing Energy Efficiency
Washington, D.C. — The current economic downturn is not sidetracking state-level efforts to make the most of energy efficiency as the cheapest, cleanest and quickest of all energy resources, according to a 50-state scorecard on energy efficiency policies, programs, and practices from the American Council for an Energy-Efficient Economy (ACEEE).
Energy Efficiency Holds Steady At 2.5 Cents Per Kilowatt-Hour Even As Costs of New Power Generation Rise
Washington, D.C. — Energy efficiency remains America’s cheapest, cleanest, and fastest energy source for five years running. That’s the conclusion of a new study that shows that the utility cost per kilowatt-hour (kWh) of energy efficiency has held steady or even slightly declined at about 2.5 cents over the last half decade, even as the costs for new coal, nuclear, and other supply-side energy alternatives have risen.
WASHINGTON, D.C. — The American Council for an Energy-Efficient Economy (ACEEE) today released a new report, Meeting Aggressive New State Goals for Utility-Sector Energy Efficiency: Examining Key Factors Associated With High Savings. This report presents the results of a comprehensive national review of recent accomplishments in utility-sector energy efficiency, and an examination of key factors associated with large savings achievements.
Study Finds National Standard for Energy Efficiency Can Save U.S. Consumers and Businesses Nearly $170 Billion
Washington, D.C. — Energy efficiency initiatives that reward consumers and businesses for reducing electricity and gas usage could result in utility bill savings of $168.6 billion, according to a report released today by the American Council for an Energy-Efficient Economy (ACEEE). That number is 16 percent higher than ACEEE’s previous savings estimate of $144 billion and is based on updated data.
An EERS is a mandatory energy-savings target established for electric and gas distribution utilities. Such policies have been adopted in 18 states and more are pending. (Refer to our summary.) Rep. Ed Markey (D-Massachusetts) introducted a bill in early February to establish a federal requirement that electric utilities achieve savings equal to 15% of their electricity sales by 2020, with a 10% by 2020 savings target for gas utilities.
Washington, D.C. — Today, the American Council for an Energy-Efficient Economy (ACEEE) unveiled a new Web resource for state policymakers and energy efficiency advocates. This site is the initial phase of ACEEE's new State Energy Efficiency Policy Web site, an ongoing project under the umbrella of ACEEE's State Energy Efficiency Policy Activities. The site serves as an easy-to-use online database of energy efficiency policies in the states, searchable by state or by policy. The database covers:
Washington, D.C. — Energy conservation and efficiency programs that could save the state’s consumers hundreds of millions of dollars in energy costs are awaiting approval by the Maryland Public Service Commission (PSC). A group of 30 business, consumer, and environmental organizations is urging the PSC to act.