Share this on social media

New report showcases the far-reaching benefits of energy efficiency

(ACEEE press, 20 Dec 2022) A new report quantifies the powerful impact of energy efficiency across key sectors of the American economy and demonstrates how efficiency investments reduce carbon emissions, lower energy bills, and improve public health.

The 2023 Energy Efficiency Impact Report, released today by the Alliance to Save Energy, American Council for an Energy-Efficient Economy (ACEEE), and the Business Council for Sustainable Energy (BCSE), quantifies recent progress on energy efficiency and points to critical opportunities ahead as consumers face increasing energy costs.

The second edition of the report underlines that efficiency investments since 1980 have reduced annual energy expenditures in the United States by nearly $800 billion and driven down energy consumption per household by 16%. By prioritizing energy efficiency investments through implementation of recently passed federal legislation like the Inflation Reduction Act, states and federal agencies can cut energy costs for American families, improve energy resilience, and reduce carbon emissions.

“We’ve reduced energy waste dramatically for years, but in the face of the climate crisis and rising energy costs, we have so much more to do,” said ACEEE Executive Director Steven Nadel. “This report shows that we can build on our progress with energy efficiency to make an even bigger impact ahead. The recent federal climate law gives everyone from state and local officials to businesses to individual households a huge opportunity to cut costs and emissions through efficiency.”

External link

ACEEE press, 20 Dec 2022: New report showcases the far-reaching benefits of energy efficiency