Connect with us

Hi, what are you looking for?



An Easy $1.1 Trillion

energy efficiency standards savings $1.1 trillion

Energy efficiency, as we should all know by now, is a clear economic and environmental win. But the savings possible from stronger energy efficiency regulations are still pretty staggering to look at.

“National efficiency standards for appliances, lighting, and other equipment will save consumers and businesses more than $1.1 trillion and dramatically reduce greenhouse gas pollution and other emissions by 2035,” the American Council for an Energy-Efficient Economy (ACEEE) noted last week. These findings come from it and the Appliance Standards Awareness Project’s newest study, The Efficiency Boom: Cashing In on the Savings from Appliance Standards.

An average U.S. consumer will save a cool $10,000 between 2010 and 2035 simply by buying appliances with minimum (required) efficiency standards. Its electricity bill will be about 33% less than it would be otherwise.

But hold on, that’s not even all that’s possible!

“Even greater savings could be achieved. Updates to existing standards and new standards for other products that can be completed between now and 2015 could net consumers and businesses another $170 billion and reduce pollution even further.”

To summarize: existing standards will save the U.S. 200 quads of energy by 2035 (or $1.1 trillion); new standards could save another 42 quads of savings (or $170 billion). (Note: “A ‘quad’ is a measure of energy—the U.S. economy uses a total of about 100 quads per year.”)

And, putting it in yet different terms again: “existing standards reduced U.S. electricity use by 7 percent in 2010. Annual electricity savings from existing standards will increase to 14 percent by 2035 as consumers and businesses purchase new products compliant with the latest standards. New and updated standards that can be completed by 2015 would reduce 2035 electricity use by another 7 percent.”

Currently, about 55% of U.S. products have energy efficiency standards.

The payback period for most energy-efficient appliances is now 3 years, and the benefit to cost ration is approximately 4:1.

Source: ACEEE | Cash courtesy shutterstock

Check out our brand new E-Bike Guide. If you're curious about electric bikes, this is the best place to start your e-mobility journey!
Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.


You May Also Like

Clean Power

Evaluating three recent examples of all-source resource procurement by US utilities

Consumer Technology

While ENERGY STAR and other energy efficiency labels are familiar to many, purchasing appliances with energy saving technology is out of reach for many...


President Biden is off to a strong start when it comes to energy efficiency. The president’s Executive Order on Protecting Public Health and the...

Consumer Technology

The federal government continues to miss legal deadlines for energy efficiency standards for appliances, equipment, and electronics with 17 standards overdue for review and more on the horizon....

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.