12140 Wickchester Ln Suite #100, Houston, TX 77079
(877) 547-7275

Study: Texas Can Gain Cheap Electricity Rates Through Energy Efficiency

Turns out that switching to an alternative retail electric company isn’t the only way that consumers and businesses in Texas can start saving money on their monthly electric bills.

A new study, ‘Energy Efficiency Investments as an Economic Productivity Strategy for Texas,’ by the American Council for an Energy-Efficient Economy, found that proper, cost-effective investment in Texas energy efficiency projects not only could save residential and commercial ratepayers $14 billion between 2012 and 2030, it could also result in the creation of 47,000 jobs per year by 2030.

The council’s study, commissioned by the Texas Clean Energy Coalition, examined the target set by the Public Utility Commission of Texas (PUCT) for the state’s utilities to meet 30 percent of the expected growth in demand for electricity through energy efficiency improvements, as well as estimates by the Electric Reliability Council of Texas, which is responsible for the state’s electric grid in the three-quarters of the state that is deregulated.

The council found that the PUCT’s goal would save ratepayers only about $3 billion between 2012 and 2030 and create just 9,200 jobs per year by 2030.

Instead, ‘an expanded set of productivity investments across the residential, commercial, and industrial sectors would not only reduce the growth in electricity demand, but they would also actually reduce overall electricity consumption 12 percent to 19 percent below 2010 levels by 2030,’ according to the study.

To achieve this level of benefits, efficiency gains from supply-side and demand-side investments would need to displace conventional electricity use by about 1.5 percent to 2 percent per year until 2030.

‘The extent to which the resulting benefits are realized will depend on the willingness of business and policy leaders to redirect investment patterns to this more productive opportunity,’ the study concludes.

Sources

Texas Energy Efficiency Investments Would Save Money for Consumers and Businesses While Creating Thousands of Jobs, American Council for an Energy-Efficient Economy press release, March 22, 2011.

American Council for an Energy-Efficient Economy, Energy Efficiency Investments as an Economic Productivity Strategy for Texas, March 2011.

Translate »

WAIT!

Here’s a chance to get 200 points every month in Spark Energy Rewards*

Points can be used on local shopping deals, dining, daily deals, travel,
and even gift cards. Terms for the rewards can be found here.
Interested?

*Certain Terms and Conditions apply. This offer is available to first-time customers only. Customers must sign up for a fixed-rate energy plan. The plan may include a monthly service fee depending on the product. Use promo code which is showing above to qualify. Rate expires at the end of the term. Canceling or changing supply service prior to the end of the fixed-rate term may subject the customer to an early termination fee based on the product details. To be eligible to receive Spark Energy rewards, customers must enroll in a fixed term plan and maintain an active Spark Energy account in good standing (no past-due balance owed) for 45 days after the beginning of service. May not be redeemed for cash. This offer is subject to change or cancellation without notice prior to customer acceptance. This offer is nontransferable and cannot be combined with any other offers. This offer applies to services areas where Spark Energy LLC is active. The offer expires on 12/31/2020. See the Terms of Service and Electricity Facts Label (applicable only for TX) at www. SparkEnergy.com for more details.
© 2020 Spark Energy LLC. All Rights Reserved.