Energy efficiency could save residents thousands
Mar 13 - McClatchy-Tribune Regional News - Mike Gellatly Aiken Standard,
S.C.
Energy efficiency could save South Carolinians money and create
employment for thousands.
This was the message presented Friday by Suzanne Watson, director of
policy for the American Council for an Energy Efficient Economy (ACEEE),
as she presented her organization's report on South Carolina's energy
future in Aiken.
Watson's address aimed to make the "business case" for energy
efficiency. The ACEEE is a not-for-profit organization dedicated to
advancing energy efficiency as a means of promoting economic prosperity,
energy security and environmental protection.
Rather than focusing on conservation, Watson presented the
argument for reducing use on a statewide scale by passing tighter
legislation on efficiency standards, investing in and replacing old
technology and infrastructure and encouraging consumers to examine their
behavior.
The payoff for the investment could net residents $5.1 billion on their
electric and water bills through 2025. The investment to create these
long-term savings would cost around $790 million, Watson said.
In making the case, Watson presented 11 electricity energy policy and
five water efficiency recommendations, that the ACEEE estimates could
rack up a net savings of $9 million in annual electricity and water
bills in 2015, which could grow to $1.3 billion in 2025. This, in turn,
could also create as many as 22,000 jobs.
The target of the ACEEE is to reduce electricity usage by 18 percent and
water usage by 32 percent.
South Carolina was chosen for the study as it ranks 37th in the nation
in energy efficiency. While this puts the state low on the national
rank, it is significantly higher than many other Southeastern states.
"It's a sweet spot, a state looking at energy efficiency," Watson said.
Energy efficiency is framed by ACEEE as a source, meaning investments in
the area reap savings that can be used in other areas.
The group's report was funded by the Energy Foundation, U.S.
Environmental Protection Agency, the Department of Energy and Google.
Contact Mike Gellatly at
mgellatly@aikenstandard.com.
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