New Report: States Work to Reduce Energy UseJune 21, 2011
The American Council for an Energy-Efficient Economy (ACEEE) has recently released a comprehensive study on the energy efficiency resource standards (EERS) that have been implemented in 26 states across the country. These EERS programs are operated by state governments and utilities with the goal of reducing state-wide energy use through increased energy efficiency. The ACEEE report found that most states with EERS goals are meeting or exceeding their EERS targets, leading to reduced consumer utility bills and reducing the need for construction of costly, new power plants.
After interviews with dozens of program representatives, the report noted that a major concern for the success of these programs is increasing access to financing for energy-efficient retrofits and upgrades. One expert noted that the new ‘risk-averse’ lending atmosphere is making it more difficult for newly established lending programs to find capital backers. Another expert touted the benefits of on-bill financing.
NSBA has supported on-bill financing programs as a cost-effective tool that enables small businesses to become more energy-efficient.
Several of the utilities cited in the report also noted the success of small business-focused lighting retrofit programs. The Public Service Company of Colorado has implemented a program where the utility hires a lighting auditor to assist the small-business owner in finding cost-effective lighting upgrade solutions.
Please click here for more details and to view the complete report.