Energy Efficiency, Why Isn't Everyone Enrolled?
- Oct 24, 2019 10:06 pm GMT
This item is part of the Special Issue - 2019-10 - Energy Efficiency, click here for more
A 2017 study on corporate social responsibility showed that millennials are the most likely demographic to tell friends and family about CSR efforts and to give a company direct feedback. What are they saying about you? Are you taking full advantage of this ‘word-of-mouth’ marketing? Better still, are socially and environmentally responsible consumers able to find you and your energy efficiency iniatives in the marketplace?
Energy Efficiency programs began in the 70’s and over time developed into an expanded set of customer energy efficiency programs provided by utilities. In 1980, the American Council for an Energy-Efficient Economy (ACEEE) was founded. The nonprofit organization, ACEEE, understands their goals of reducing US energy consumption and CO2 emissions while tripling current energy productivity are aggressive but believes it is feasible. According to the organization, the levelized cost of one kWh “generated” as a result of energy efficiency costs $0.02-$0.04. Natural gas costs approximately $0.05-$0.08/kWh, and coal can cost as much as $0.15/kWh. On average, energy savings from energy efficiency programs come at one-third the cost of new energy generation resources.
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.