fact sheet<\/a> from the ACEEE provides more:<\/p>\nSeveral recent studies have compared the cost of Clean Power Plan compliance with and without energy efficiency. These studies use different cost metrics and hence it is difficult to directly compare them. However, all of them come to the same conclusion: that energy efficiency can reduce compliance costs. For example, MJ Bradley and Associates analyzed the average national cost of an allowance for one ton of carbon emissions, comparing scenarios using current levels of efficiency with scenarios where efficiency savings are 1% or 2% of sales each year. The study found that greater efficiency means lower allowance prices. Perhaps even more important than the cost of allowances is the cost impact on customers\u2019 bills. MJ Bradley found that if states use energy efficiency programs to total 2% savings per year, retail electric bills will be reduced by 17%.<\/em><\/p>\nLikewise, Synapse Energy Economics looked at possible compliance plans for each state and found that consumer energy bills would be $3\u2013$24 lower per month if states ramped up energy efficiency savings to 3% per year by 2029 relative to likely state-by-state scenarios without energy efficiency (see above).<\/em><\/p>\n<\/p>\n
The overall takeaway of these findings should be pretty clear — compliance with the Clean Power Plan need not be excessively expensive, and can even be a boon if energy efficiency programs are used to meet the standards.<\/p>\n","protected":false},"excerpt":{"rendered":"
Energy efficiency programs are generally the lowest-cost strategy for remaining in compliance with Clean Power Plan requirements — that’s the primary finding of a number of recent studies on the subject from a number of different organizations and research bodies. Most of the states studied can actually achieve more than 50% of their emissions reductions 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