Next Big Thing: From LEDs to HVAC
- Apr 30, 2021 5:03 pm GMT
This item is part of the Innovation in the Power Industry - April 2021 SPECIAL ISSUE, click here for more
Energy Efficiency has long enjoyed bipartisan support – after all, it’s about reducing waste and saving money. Against the backdrop of a new administration with strong climate goals, program administrators throughout the country are facing a monumental market transformation that will change how we help customers optimize their energy use and reduce their carbon footprint. LED lighting has been a major driver of savings for the past decade, but is now so ubiquitous and affordable that no one needs to be convinced of its many benefits. This is exactly the type of market transformation we hope to drive. However, once we reach market saturation, program administrators suspend incentives for those measures. In the fight against climate change, the next big opportunity for market transformation is to address how we heat and cool our homes and businesses.
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