15 Jun '11, 11pm

Breaking news: Energy-efficiency programs work, save us millions

Breaking news: Energy-efficiency programs work, save us millions

Available data thus far indicates that the benefits of efficiency programs driven by EERS policies have proven to substantially exceed administrator and customer costs. Hawaii Energy, the state's third-party Public Benefits Fee Administrator, collects a percent of each electric utilities customer's bill and is responsible for carrying out Hawaii's energy-efficiency and conservation programs. Hawaii Energy achieved net customer energy savings of 113,159 megawatt-hours, meeting 97 percent and 81 percent of its residential and commercial targets, respectively. Over the lifetime of these rebated and installed measures, cost savings will yield a 546 percent return on Hawaii's investment of $46.9 million ($17M/$29.9M Ratepayer/Customer Investment) (Hawaii Energy 2010). In Illinois, independent analysis of ComEd's programs in its second program year found the benefit-cost ratio b...

Full article: http://www.grist.org/energy-efficiency/2011-06-15-energy-...

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