Utility Regulation & Policy
Florida cities and counties are going to bat for their residents and pushing for utilities to set stronger energy savings goals. Utility efficiency programs are a critical tool supporting local government efforts to improve sustainability, reduce emissions, and promote job growth. But as cities and counties are working to ramp up energy savings, utilities are going backwards.
As more states seek to reduce costs and meet climate goals, new ACEEE research finds that energy efficiency resource standards (EERS) are delivering huge gains — 80% of all electricity savings — in the utility sector.
Our report, released today, shows that these energy savings targets —adopted by 27 US states over the past two decades — are the most effective utility-sector energy efficiency policy. In fact, in 2017, states with such targets achieved electricity savings at a rate four times higher than states without targets.
As the United States swelters from yet another heat wave, much greater utility transformation — with energy efficiency at its core — will be needed to address the rise in extreme weather events and other factors linked to climate change. Yet state efforts to develop the utility of the future seem to be falling short.
As more utilities look at prepay plans, new research finds this option carries both benefits and potential risks. While it may put at risk the wellbeing of some customers trying to save money, it can also lower electricity use and garner customer satisfaction.
Pending bipartisan legislation in Pennsylvania could unlock 30,000 jobs and about $6.4 billion in net savings by removing barriers to energy efficiency investment, according to ACEEE analysis released today.
An increasing number of states are finding new ways to track and value energy savings over time, according to research published today. Energy efficiency savings can accrue over many years, but most policies focus only on the first year. Our report, Energy Efficiency Over Time: Measuring and Valuing Lifetime Energy Savings in Policy and Planning, explores recent state efforts to take a longer view and the challenges they face when policies track only short-term savings.
Governor Ralph Northam’s new 2018 Virginia Energy Plan (VEP), released earlier this month, rounds out a busy year for clean energy policy in Virginia. It contains policy and program recommendations that will, if thoroughly implemented, deepen energy savings and expand clean energy in the Commonwealth.
Blockchain is generating a lot of buzz as a promising system to verify and track peer-to-peer transactions in the energy sector. It could have multiple applications although there is still debate about which, if any, will work well. What’s clear, however, is that companies are already exploring uses of blockchain to save energy. Let me tell you about three applications that show promise.
If 2018 were an energy-saving roller coaster, the 2018 State Energy Efficiency Scorecard would be your souvenir photo capturing a year of promising highs and a few stomach-churning lows in efficiency policy.