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.
A new ACEEE report released in May finds that investments in energy-efficient technologies reached $300 billion in 2004, or approximately three times the level of investment in new energy supply. In fact, energy efficiency may be the farthest-reaching, least-polluting, and fastest-growing energy success story of the last 50 years. The Size of the U.S. Energy Efficiency Market: Generating a More Complete Picture shows that past investments in efficiency slashed U.S.
In addition to Maryland, many other states are also working on new energy efficiency policies. From New Mexico to Minnesota, from Michigan, Ohio, and Pennsylvania to Massachusetts, legislatures are moving an array of energy policy bills.
Washington, D.C. — Against a backdrop of soaring energy prices and ever-mounting concerns about global warming, the American Council for an Energy-Efficient Economy (ACEEE) released a report today that profiles 90 of America’s leading energy efficiency programs. Together, these programs provide a vivid demonstration of how energy efficiency is America’s cheapest, fastest, and cleanest new energy resource. They were selected from across the U.S. as examples of highly successful and effective energy efficiency programs.
Alliance to Save Energy, American Council for an Energy-Efficient Economy, and Energy Future Coalition Announce Support for Duke Energy's Energy Efficiency Initiative
Washington, D.C. — The Alliance to Save Energy (Alliance), the American Council for an Energy-Efficient Economy (ACEEE), and the Energy Future Coalition reached an agreement with Duke Energy to expand its energy efficiency programs, including a more aggressive energy savings target.
More and more governors, state legislators, and state agencies across the nation are turning to energy efficiency as the "first fuel" in the race for clean energy. In our recent travels, we've seen governors new and old talk about efficiency with passion and without notes, telling us this is a core concern, not a second-tier issue. Legislators are ramping up resource commitments, and utility commissions are pushing utilities harder than ever to increase efficiency investments. Highlights of recent state action include:
Washington, D.C. — Ninety of America's leading energy efficiency programs in twenty different categories were recognized in an awards ceremony held yesterday at a national conference on energy efficiency in Berkeley, California. The American Council for an Energy-Efficient Economy (ACEEE), a nonprofit research group based in Washington, D.C., selected these programs as part of a national review of outstanding programs offered by utilities and other organizations that help customers reduce energy use through improved energy efficiency.