Reports: Michigan utilities surpassed 2012 energy efficiency goals; opportunity for additional savings
MLive, November 27, 2013LANSING — Michigan utilities continued to surpass their energy efficiency targets last year and could save even more electricity and gas in the future, according to reports released Tuesday.
A 2008 state law that requires utilities to derive 10 percent of their energy from renewable sources by 2015 also sets energy savings goals in order to reduce future costs.
Utilities spent $246 million on energy optimization programs last year, a move that should save $936 million over the lifecycle of the projects, according to an annual report released Tuesday by the Michigan Public Service Commission. The MPSC estimates additional savings of more than $2.8 billion from 2013 through 2015.