Utility energy efficiency programs generate significant financial benefits to Ohio’s customers in four primary ways: (1) they help reduce customer demand for electricity, thereby directly red…
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Utility energy efficiency programs generate significant financial benefits to Ohio’s customers in four primary ways: (1) they help reduce customer demand for electricity, thereby directly reducing monthly electricity bills for participants; (2) they reduce customer demand, or load, which lowers wholesale energy prices, particularly in the short and medium term; (3) in a competitive wholesale capacity market, bidding in energy efficiency resources lowers wholesale capacity prices; and (4) they provide revenue for utilities that bid energy efficiency resources into wholesale capacity auctions, which helps to offset energy efficiency program costs.
In this analysis, we quantify the benefits that would accrue through the full implementation of the energy efficiency resource standard (EERS) in Ohio through 2020. Our analysis shows that there is an inextricable link between Ohio’s energy policy and its economic health and that continuing Ohio’s EERS could save customers a total of almost $5.6 billion in avoided energy expenditures and reduced wholesale energy and capacity prices.
Expanded utility-funded energy efficiency programs can significantly slow rising electricity demand and reduce electricity bills; this report explains how.
Utility energy efficiency programs have increased investment in low-income households, but significant gaps remain. This report examines spending and savings trends across 48 major U.S. utilities, identifies barriers to expanding low-income programs and highlights policies and program strategies that can improve energy affordability and equitable access to efficiency upgrades.
This report identifies pathways for India’s cement industry to decarbonise at a pace compatible with the national climate goal of net-zero emissions by 2070.
The United States faces interlocking energy challenges: rising home energy bills and gasoline prices; new demand for electricity from data centers and other loads; high greenhouse gas emissions from burning fossil fuels.
Now, a new era of energy efficiency progress in our buildings, transportation, and industry is needed to meet this moment. This wide-ranging study finds a massive opportunity.
ACEEE’s independent research and advocacy depend on the support of foundations, businesses, and individuals committed to cutting energy bills, waste, and climate pollution.