Aggressive Energy Efficiency Programs Could Save Michiganders a Cool $13 Billion

By: Ariana Gonzalez

Michigan homes, businesses, and industries could save nearly $7 billion on their electricity and natural gas bills over the next five years – and a whopping $13 billion over the next decade – by taking advantage of cost-effective, energy-saving opportunities, a new analysis shows.

That’s huge. In fact, it would translate to $1,315 in savings over the next 10 years for every man, woman, and child in the Great Lakes State. What’s more, Michigan utility customers would save $2.55 for every $1 invested in their many energy efficiency options. That’s better than a 2-to-1 return!

ENERGY EFFICIENCY’S POTENTIAL

The analysis performed by GDS Associates found that technically Michiganders could run their homes and businesses using nearly 40 percent less electricity by making improvements to their building’s performance through upgrades in areas such as lighting, heating, cooling, insulation, and windows.heating, cooling, insulation, and windows.

Aggressive Energy Efficiency Programs Could Save Michiganders a Cool $13 Billion

When that technical potential was narrowed to take into account real-world barriers to embracing cost-effective energy efficiency measures over the next 10 years such as market penetration, the researchers concluded that lowering electricity use by 17% would be achievable, and would save customers $2.55 for every dollar spent on energy efficiency programs. The benefits for customers add up to $13 billion.

For the entire Story from the Natural Resources Defense Council

Written by greenlivingguy

The Green Living Guy, Seth Leitman is a green living expert, celebrity and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and a Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow.