Aggressive Energy Efficiency Programs Could Save Michiganders a Cool $13 Billion
Switchboard, November 8, 2013Michigan 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!