Growth Trends in the Energy Efficiency Industry
CEE, April 5, 2013Boston, MA—The Consortium for Energy Efficiency (CEE) today releases its 2012 Annual Industry Report, painting the most complete picture of energy efficiency and demand response program activity available from a single source. Based on a survey collecting budget, expenditure, and impact data, the report covers both gas and electric demand side management in the United States and Canada. Expenditures and budgets continue to climb, with commensurate growth in savings.
Total expenditures for 2011 reached $7.6 billion, growing 17 percent from $6.5 billion in 2010. Budgets in 2012 measured $9.4 billion. Since 2007, US and Canadian electric and gas efficiency program budgets have grown from $3.7 billion, showing continued rapid increase despite a weak economy. These programs resulted in avoiding the emission of 30 million metric tons of CO2 by saving 40,000 GWh of electricity and 360 million therms of gas in 2011.