28 Mar '14, 8am

#ACEEE: new report finds energy efficiency is America’s cheapest energy resource

Energy Efficiency Costs Utilities 2 to 3 Times Less Than Traditional Power Sources; Average of 2.8 Cents per Kilowatt Hour Washington, D.C. —According to a new report released today by ACEEE, energy efficiency is the cheapest method of providing Americans with electricity. Energy efficiency programs aimed at reducing energy waste cost utilities only about three cents per kilowatt hour, while generating the same amount of electricity from sources such as fossil fuels can cost two to three times more. “The cheapest energy is the energy you don’t have to produce in the first place,” said ACEEE Executive Director Steven Nadel. “Our new report shows that when utilities are examining options on how to provide their customers with cheap, clean electricity, energy efficiency is generally the best choice.” “Why build more expensive power plants when efficiency gives you more bang f...

Full article: http://www.aceee.org/press/2014/03/new-report-finds-energ...

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