Utilities Need to Boost New Building Energy Efficiency
- Nov 17, 2020 11:55 am GMTNov 16, 2020 7:27 pm GMT
- 535 views
“An ounce of prevention is worth a pound of cure” is a proverb coined by Benjamin Franklin. Perhaps, this thinking has a role in utility energy efficiency initiatives? The benefits of energy efficient buildings are clear, but less than 10% of new homes nowadays are built in that way. If utilities were more proactive in courting these structures as they are forged, they will reduce energy usage later.
In 2019 about 73,500 were Energy Star energy efficient new homes were built. They saved over $20.3 million in customers’ electric bills and reduced CO2 emissions by 107,303 metric tons, the equivalent of 23,209 cars, or 249,713 barrels of oil, according to the US Department of Energy. The program also offers tax credits to builders and homeowners.