Consumer Federation of America
A new report from the Consumer Federation of America by Dr. Mark Cooper, "Building on the Success of Energy Efficiency Programs to Ensure an Affordable Energy Future," shows that federal energy efficiency policies can leverage real and largely untapped potential to save consumer's money and create a cleaner, healthier environment with lower carbon emissions.
This report also concludes that incorporating energy efficiency programs in federal climate and energy legislation would substantially reduce the cost for consumers.
The state-by-state analysis found that, on average, households in every state would be better off if aggressive programs captured the full measure of the benefit of energy efficiency.
The American Clean Energy and Security Act of 2009 (HR2454 or ACES) requires utilities to obtain 20 percent of their energy through a combination of energy efficiency and renewable energy by 2020, with energy efficiency allowed to meet up to 8 percent of the 20 percent. Because ACES only achieves, at most, an 8 percent reduction through efficiency, compared to a potential 30 percent reduction, it fails to take full advantage of the savings available to consumers. This means that by 2030 over $500 billion of potential consumer savings would go unrealized. To tap more of these savings and reduce the cost of climate legislation, an energy efficiency resource standard (EERS) higher than 8 percent should be adopted.
Direct Savings Per Household: 30% EERS
Natural Gas: $106
Total National Savings: 30% EERS
Natural Gas: $13.1
Net Savings Per Household: 30% EERS
Natural Gas: $62
Net National Savings: 30% EERS
Natural Gas: $7.7
2030 Savings per Household by State
Direct reductions in household bills would vary by state from a low of $250 saved per year to a high of over $530 saved per year. The savings would be largest where the current bills are highest. Total Net Savings is the total savings on household bills minus the cost of implementing efficiency measures if all of the costs are passed on to the consumers. (Figures are for a 30% EERS)