The Future of U.S. Electricity Efficiency Programs Funded by Utility Customers: Program Spending and Savings Projections to 2030
Electricity efficiency programs funded by utility customers cost-effectively offset a portion of growth in U.S. power needs. That, in turn, affects the need for investment in new electricity infrastructure, across generation, transmission and distribution systems. A new study by Berkeley Lab provides a bottom-up assessment of the potential impact of existing and likely state policies and market conditions to promote or constrain future spending and savings for electricity efficiency programs in all U.S. states.
The new study includes three scenarios—low, medium and high cases—for 2030, with projections of spending and savings for interim years. The scenarios represent different pathways for the evolution of electricity efficiency programs funded by utility customers given the current policy environment and uncertainties in the broader economic and state policy environment in each state.