Energy Efficiency for Resiliency, Security and Comprehensive Energy Management
Recent analysis reported by the American Council for an Energy-Efficient Economy (ACEEE) confirmed that "saving energy is still cheaper than making energy."1
At an average of $0.028 per kilowatt-hour (kWh) for fuel saved, efficiency programs came in below the cost of new wind, solar and natural gas power installations.2 The low cost of efficiency makes the “negawatts” it generates cost-competitive and aligns it with the broader array of innovative and integrated energy solutions available today.
Reducing the cost of energy is good, but getting the maximum benefit from procured energy across an expanding range of goals is even better. And since energy is not typically a core competency of government outside the Department of Energy, access to private-sector participants and solutions can bring substantial benefits in this area.
Download our white paper to learn how energy efficiency can set up more cost-effective use of energy services such as distributed energy resources and storage, and in some cases could help pay for them.
1 Gilleo, Annie. “New data, same results—Saving energy is still cheaper than making energy.” American Council for an EnergyEfficient Economy. December 1, 2017. Accessed May 1, 2018.
2 7Hoffman, Ian M., Greg Leventis and Charles A. Goldman. “Trends in the Program Administrator Cost of Saving Electricity for Utility Customer-Funded Energy Efficiency Programs.” Lawrence Berkeley National Laboratory. January 2017. Accessed May 1, 2018.