These improvements will
lower consumer energy bills, maximize the value of renewable energy generation, and reduce overall system costs.
IMT and ACEEE found that SAVE would generate 83,000 jobs and $ 1.1 billion
in consumer energy bill savings in 2020.
In addition, as the ECO policy is paid for via a levy
on consumer energy bills, those that don't benefit are only likely to see their energy bills increase.
Several ACEEE policy analyses include multiple scenarios to estimate how various levels of energy efficiency policies could
impact consumer energy bills and job creation.
Efficiency investments have reduced the cost of doing business, lowered
consumer energy bills by billions of dollars, and provided healthier, more comfortable spaces to live and work in.
This growing need for energy is compounded by the fact that energy markets have become increasingly volatile and electricity rate caps for most Pennsylvania customers are coming off in the next 2 years, creating concerns about
high consumer energy bills that will increasingly strain household budgets.
In a letter to the PSC, Carlucci said the plan to invest $ 965 million into the state's nuclear plants in the first two years of the program will cause a spike
in consumer energy bills and needs to be reconsidered.
The private note, seen by The Daily Telegraph, is titled «Impact of our energy and climate policies
on consumer energy bills».
Efficiency standards and targets adopted by governments and supported by utilities create jobs,
lower consumer energy bills and support overall grid health.
Macroeconomic Impacts: Estimates both the costs and
consumer energy bill savings from the policy analysis, and assesses the impact of energy efficiency policies on Pennsylvania's economy, employment, and energy prices.
Adding levies to
consumer energy bills is regressive, because it hurts the poor more than the rich, fuel poverty campaigners say.
Yet many governments, especially in Europe, are concerned that climate policies, such as generous support schemes for solar energy, push up
consumer energy bills.
These studies typically examine policies such as energy efficiency resource standards, building energy codes, efficiency in state government facilities, industrial energy efficiency, and combined heat and power, and assess the relative impacts on energy savings,
consumer energy bills, and the economy.
The scheme, which is paid for through levies on
consumer energy bills, was introduced last year but had never been called upon before.
Research has found that this legislation could not only save US$ 1.1 billion in
consumer energy bills, but could also generate 83,000 jobs.