The Future of U.S. Electricity Efficiency Programs Funded by Utility Customers: Program Spending and Savings Projections to 2030
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Abstract
Electricity efficiency programs funded by utility customers cost-effectively offset a portion of growth in U.S. power needs. That, in turn, affects the need for investment in new electricity infrastructure, across generation, transmission and distribution systems. A new study by Berkeley Lab provides a bottom-up assessment of the potential impact of existing and likely state policies and market conditions to promote or constrain future spending and savings for electricity efficiency programs in all U.S. states.
The new study includes three scenarios—low, medium and high cases—for 2030, with projections of spending and savings for interim years. The scenarios represent different pathways for the evolution of electricity efficiency programs funded by utility customers given the current policy environment and uncertainties in the broader economic and state policy environment in each state.
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A public webinar discussing this report and recorded on December 12, 2018, can be found here.
An interactive data tool showing projected savings and spending levels from the report can be found here.
A journal article based on this research, published in The Electricity Journal titled "What does the future hold for utility electricity efficiency programs?" can be found here.