Jun 29, 2021
‘Federal appliance standards implemented since 1987 saved consumers nearly $370 billion USD in lower utility bills as of 2012'
The United States has ways to reduce greenhouse gas emissions and cut costs for consumers and businesses : it is energy efficiency. Consumers and businesses benefit greatly from energy efficiency.
According to this article, ‘Federal appliance standards implemented since 1987 saved consumers nearly $370 billion USD in lower utility bills as of 2012’. Appliance efficiency labeling programs like ENERGY STAR have helped offset rising electricity demand and consumers to save billions of dollars. Decreasing electricity demand also allows utilities to avoid investments in new power plants and other infrastructure, saving money for all electricity customers in the region.
In addition, less power generation improves air quality and public health. In order to expand the energy efficiency with such advantages, a strategy of several organizations is required. Federal agencies such as the Department of Energy should increase R&D and strengthen energy-saving standards. States must establish and enforce up-to-date building energy regulations, and federal agencies and states must take steps to encourage retrofitting of existing buildings.
They should also facilitate low-cost financing for energy efficiency projects. Another way to increase energy efficiency is to apply FORCE. At the same time using a highly efficient appliance, the application of FORCE increases energy efficiency by reducing the overall loss.
As a result, electricity demand is reduced, and not only emissions but also costs are reduced. Electricity efficiency is becoming more and more important these days when everything is powered by electric energy.
Therefore, we aim to increase the electrical efficiency by expanding the application of FORCE.