The New York Power Authority (NYPA) is in a strong position, financially, to implement its 2014-2019 Strategic Vision. The Power Authority, which uses no tax money or state credit, finances its operations through the sale of bonds and revenues earned in large part through sales of electricity.
In 2012, more than half of U.S. states met their energy efficiency targets, with most states meeting or exceeding their goals. This is according to new research by the American Council for an Energy-Efficient Economy (ACEEE). Implementing energy efficiency programs can save utilities money by eliminating the new to build more power plants.
According to its recently filed 2014 Integrated Resource Plan (IRP), Tucson Electric Power (TEP) will meet customers' energy needs through 2028 by reducing its coal generation capacity by one-third; acquiring new cost-effective natural gas-fired resources; and continuing its expansion of renewable power and energy-efficiency programs.
Focus on Energy, Wisconsin utilities' statewide program for energy efficiency and renewable energy projects funded by the state's investor-owned utilities and participating municipal and electric cooperatives, has released the 2013 results of their Multifamily Energy Savings Program.
"The cheapest energy is the energy you don't have to produce in the first place," said ACEEE Executive Director Steven Nadel. "When utilities are examining options on how to provide their customers with cheap, clean electricity, energy efficiency is generally the best choice."
Efficiency programs sponsored by electric utilities saved 126 terawatt-hours (TWh) of electricity in 2012-- enough to power more than 12.2 million U.S. homes for one year, according to the Edison Foundation Institute for Electric Innovation.
The rising cost of electricity in South Africa and the increased demand on the grid are driving large commercial businesses to implement energy-efficient initiatives and technologies in order to lower operating expenditures, improve profit margins, and enhance their brand image and competitive position.
New research from Pacific Northwest National Laboratory (PNNL) quantifies the financial savings from increased energy efficiency through building codes by evaluating the federal funding for the Energy Department's Building Energy Codes Program, and comparing it to the energy savings over the past two decades.
The American Council for an Energy-Efficient Economy (ACEEE) and Energi Insurance Services, with support from the National Renewable Energy Laboratory, Argonne National Laboratory, and the U.S. Department of Energy, have released a report on the energy-efficiency market and the barriers to and opportunities for increasing small to mid-size lender activity in energy-efficiency financing and, ultimately, energy efficiency investments.
The Association of Energy Services Professionals (AESP) has recognized Nicor Gas for its work on the 6 Million Therm Savings campaign, which promotes a program that helps commercial and industrial customers save energy and reduce greenhouse gas emissions.