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Energy Efficiency is the 3rd Largest Power Resource in the U.S.

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For decades, energy efficiency has played an important role in ensuring reliable and affordable power for customers.

Now, according to a recent report released by the American Council for an Energy-Efficient Economy (ACEEE), it’s the third largest resource in the U.S. power sector. 

The analysis examined total energy savings produced last year across three important areas: utility sector energy efficiency programs, appliance efficiency standards and building energy codes. The results were staggering: since 1990, energy efficiency has saved consumers a whopping $90 billion annually on their electric bills, which is underscored by the fact that overall electricity demand has flattened while the U.S. economy has grown. 

Last year, energy efficiency accounted for 18 percent of U.S. electricity generation, only trailing natural gas (27 percent) and coal (27 percent). The chart below shows a percentage breakdown of each power resource.

Direct Energy Business is proud to help businesses buy less of what we sell through a number of energy saving solutions. Panoramic Power — which analyzes 8 billion data points per month and counting – offers larger businesses a device-level energy management solution. The wireless sensors clip directly onto circuit wires, capture device-level data in real-time and process data in an analytics platform. The technology's insights are estimated to help save, on average, 12 percent for businesses, allowing operators to see how they can become more energy efficient, how their equipment is functioning and how they can improve their overall business operations.

Through these types of energy-saving technologies, programs and policies, ACEEE projects energy efficiency could eventually meet one-third of U.S. electricity demand and become the number one power resource by 2030.

Learn how your business can take control of its energy use with the real-time, device-level data insights provided by Panoramic Power. 

Posted: September 01, 2016