Can We Just "Rely on the Market"

to Provide Energy Efficiency?

 

With the movement toward restructuring the electric industry, some have argued that energy efficiency would be better accomplished by relying on market forces than by continuing government and regulatory requirements for energy efficiency programs. In response, others have argued that market barriers to energy efficiency are significant, with or without restructuring, and that energy efficiency programs should be continued. Underlying this debate is a key public policy question: To what extent can private market forces be relied upon to achieve energy efficiency in the absence of long-standing utility and government efforts? The purpose of this study was to gather data to help address that question.

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Can we rely on the market full.pdf