Efficiency Standards To Save Americans More Than $1 Trillion By 2035

Sadly, America’s wildly successful energy efficiency standards have fallen victim to politics in recent years. Despite being used over the decades as a way to encourage innovation, increase customer choice, and reduce pollution, efficiency targets have been bizarrely branded as a government tool to control people’s lives.

Well, here’s more evidence that energy efficiency standards for equipment and lighting actually help consumers: A new report from the American Council for an Energy Efficiency Economy shows that these standards reduced energy consumption by 7% in 2010 — and could help consumers save $1.1 trillion in energy costs by 2035.

Assuming that 11 new standards being considered for computer equipment, electric motors, fans, and pumps get established, the U.S. could see a 14% reduction in annual electricity use by 2035 compared with current projections. According to the ACEEE report, assuming household appliances are updated every 15 years through 2040, the average American household could save 180 megawatt-hours of electricity and over 200,000 gallons of water. Translated into understandable figures: Roughly $30,000.

via Efficiency Standards To Save Americans More Than $1 Trillion By 2035 | ThinkProgress.

Categories: Electricity, Energy, Policy