Washington, DC, U.S.A. --- (METERING.COM) --- June 21, 2013 - Utility administered energy efficiency programs for electric and natural gas customers are a proven means to help these customers reduce their energy costs, and they continue to grow with almost $6 billion in program budgets in the United States in 2012, according to a new study from the American Council for an Energy-Efficient Economy (ACEEE).
This compares with the almost $2 billion in program budgets in the ACEEE’s previous 2008 study.
Programs, typically providing a range of services such as technical assistance and financial incentives for energy efficiency improvements, are now prevalent in all 50 states and the District of Columbia. Further state energy efficiency resource standards are now in place in more than half the states.
ACEEE’s study was aimed to identify “exemplary” programs, with a total of 63 programs receiving this award or “honorable mention.” From these several common trends have been identified:
- Targeting market niches and customer sub-segments is an increasingly common strategy.
- Program administrators are finding ways to reach previously underserved customers with new programs and approaches.
- Programs have been growing larger.
- There are many “tried and true” approaches that continue to save energy cost effectively year after year.
- Programs with the most staying power have the ability to adapt and tune their offerings to maintain and grow energy savings.
- Simplifying processes for customers is important to help to increase the number of program participants.
- Financing has become more widespread.
- Programs are working to incorporate the latest energy efficient technologies, such as LEDs and other emerging technologies.