TexasIsHot – Energy Efficiency

Energy Savings

Jul 07 2011

Saving Money through Texas Energy Efficiency Investments

As one of the fastest growing states in the US, Texas is challenged with increasing its productivity and it can do this by increasing investments in energy efficiency initiatives that can save both residential and commercial users of Texas electricity literally billions of dollars over the next two decades. Seems like an impossible task? According to the American Council for the Energy-Efficient Economy or ACEEE, such proposition is not only possible but completely doable.

In a recent study conducted by the ACEEE called ‘Energy Efficiency Investments as an Economic Productivity Strategy for Texas’, energy efficiency programs in the state could reduce Texas electricity consumption by up to 30% by the year 2030, creating savings for electricity users of up to $14 billion within that period. Not only that, energy efficiency initiatives in the state will also boost employment by creating up to 47,000 jobs each year until the projected period of 2030.

The 30% projected reduction in Texas electricity consumption was based on targets set by the Public Utility Commission of Texas (PUCT) for energy efficiency improvements. Also taken into consideration are the estimates made by the Electric Reliability Council of Texas (ERCOT) which handles the energy deregulated areas in the state. However, these projected figures will only be achieved with the expansion of current energy efficiency investments which spans all sectors including commercial, industrial and residential area.

Energy Efficiency Initiatives in Texas

According to the ACEEE study, to meet the growing demands for Texas electricity, the state would have to invest about 6 to 10 cents per kilowatt-hour on new electric generating plants. Energy efficiency provides a better alternative however, as the cost of investments to achieve a 30% gain in efficiency will only cost the state less than 4 cents per kilowatt-hour.

For years, energy efficiency programs to reduce electricity consumption in the state have already benefitted Texas residents and businesses as evident in their reduced energy bills. Between 2009 and 2011, the state already benefitted up to $1.5 billion in savings from these energy efficiency programs, which also created up to 12,000 jobs during this same period and reduced emissions by as much as 413 tons per year. By expanding these energy efficiency initiatives, the state will most likely hit its targets by the year 2030.

Texas schools have also benefitted from energy efficiency programs which involved easy investments. A school district with at least 4,000 students can realize savings by as much as $1.6 million in ten years or basically $160,000 savings each year from their Texas electricity bills. Most of the investment funds came from the Texas LoanSTAR program for energy efficiency.

City governments have also taken initiatives in reducing energy consumption in their respective areas. In Houston, energy efficiency projects include the use of energy efficient LED traffic lights that would save as much as 85% more Houston electricity than traditional incandescent lamps. Aside from the cost savings, the use of energy efficient lamps also reduces carbon emissions, requires less maintenance and improves overall visibility for each traffic light.

In an energy deregulated Texas electricity market, consumers have the power to select their energy options and apply for grants that would finance their energy efficiency upgrades that would save thousands of dollars from their electricity bills each year. These are basically great investments that would help ensure a clean and sustainable future for all.

Read more: http://www.articlesbase.com/environment-articles/saving-money-through-texas-energy-efficiency-investments-4965042.html#ixzz1QgMfeoVk

Tagged , , , , , , , , ,

Related Posts

Leave a reply

Your email address will not be published. Required fields are marked *

*

Testimonials
  • "“As the Texas population continues to grow, so will our energy consumption needs. We must have tools that empower the consumer to choose their products and monitor their usage wisely. TexasIsHot.org is a great resource, which is exactly what Texans need in today’s deregulated market.”" - State Rep. Burt Solomons (R-Carrollton), Chairman of House State Affairs Committee
  • "In order to meet our goals, we need programs like the TexasIsHot campaign to help change the way people think about energy." - State Sen. Troy Fraser (R-Horseshoe Bay), Chairman of Senate Natural Resources Committee
  • "Texas leads the nation in wind power because it makes money, not because it makes us feel better. Texans are a practical, penny-wise people who I think will be happy to learn how to save a few bucks on their power bills with the common-sense advice at TexasIsHot.org."-Jerry Patterson, Commissioner of the Texas General Land Office
  • "If every Texas household adopted just a few of the dozens of energy efficiency strategies referenced on TexasIsHot.org, our air would be cleaner, our limited supply of natural resources would be better protected, and our wallets would be heavier..." Kip Averitt (R-Waco), Former State Senator and Chairman of Senate Committee on Natural Resources
  • ”The TexasIsHot campaign targets an important piece of the clean energy effort -- educating Texans on the way we use electricity and quantifying the financial and environmental costs associated with our use. By just reducing the amount of electricity we use and waste, TexasIsHot.org can show people how to save money..." State Sen. Kirk Watson (D-Austin)
  • "Fluctuating energy costs are really hurting Texas families and businesses, but by just making a few easy changes, Texans can cut down on energy waste. TexasIsHot.org is a tremendous resource which arms consumers with the information they need to save themselves money by becoming more energy efficient, and help our environment." State Sen. Rodney Ellis (D-Houston)
  • "Texas is the third fastest growing state in the nation with a net growth of 1,000 people each and every day. This brings many challenges including providing clean and affordable electricity. That is why I'm excited about TexasIsHot.org. This website is an instructional resource that will help Texans save on their energy bills at home and in the workplace..." State Rep. Phil King (R-Weatherford)
  • "Now, more than ever, Texans need to work together to conserve energy and to make more efficient use of the energy we consume. The TexasIsHot.org website is an extraordinary resource for people who want to save money and help conserve our precious natural resources..." State Rep. Rafael Anchía (D-Dallas)
  • "By partnering with the TexasIsHot Coalition we can extend our effort’s reach, leverage our resources, and ensure that Austin’s energy grid continues to be a test-bed for technologies, products, and services that will transform our state’s energy system." Brewster McCracken, Executive Director, Pecan Street Project
  • "The City of Houston is working harder than ever to make Houston green and energy efficient, but we need the help of every citizen. I would encourage everyone to take a moment to explore the TexasIsHot website to learn what we can all do to make Houston, and the rest of Texas, the green and energy efficient example for the rest of the nation." Mayor Annise Parker, Houston
  • "Energy efficiency is one of our top priorities. Partnering with the TexasIsHot Coalition will help us educate citizens and local businesses about energy-efficient practices in order to meet our goal of reducing residential and commercial electric use." Gavin Dillingham, Chief of Sustainable Growth – General Services Department, for the City of Houston
  • "We are excited about the new partnership that the City of Corpus Christi has entered into with the TexasIsHot Coalition. TexasIsHot.org provides a platform to educate policy makers, city employees and citizens on how to save money and help the environment by conserving energy..." Mayor Joe Adame, Corpus Christi
  • "I am excited that the City of Corpus Christi has joined the TexasIsHot Coalition and look forward to working with them to help Texans become smarter energy users. Energy efficiency is by far the best way for people to reduce their bills and help the environment, but we need education and outreach to make this happen." State Rep. Solomon Ortiz, Jr (D-Corpus Christi)
  • "Because of its fast growth and hot summers, Texas has to get smarter about energy conservation. I applaud the efforts of Corpus Christi and TexasIsHot to help businesses and residents reap the benefits of increased efficiency." Senator Juan “Chuy” Hinojosa (D-McAllen)
  • "Energy efficiency is the cleanest, quickest and cheapest way to get smart about energy use, saving both money and the environment. I applaud the TexasIsHot Coalition in their effort to educate Texans about the benefits of energy efficiency..." Luke Metzger, Director, Environment Texas
Get Connected

Enter your email address and receive tips and helpful info from Texasishot.org