The dramatic increase in spending on energy efficiency programs is likely to reach $9.5 billion. A recent study from the Institute of the Edison Foundation analyzes the impact of efficiency program spending on the electricity sector.
From 2006 to 2010, spending on efficiency programs doubled in the U.S. as more states developed policies promoting efficiency. In 2010 and 2011, customer-funded utility programs saved enough energy to power more than 9 million average American homes.
“The landscape for efficiency in the U.S. is changing quickly. Half of all states now have efficiency targets in place that cover roughly two-thirds of the population. Many of the new programs are appearing in the Midwest and Southeast, opening up new markets for efficiency.”
Source: Green Tech Media