Skip to content Skip to navigation

Michigan’s energy efficiency standard continues to exceed targets

Michigan’s 2008 law requiring utility spending on energy efficiency programs continued to exceed targets in 2015, surpassing goals for cutting electric and natural gas use by roughly 20 percent and proving to be a good investment for ratepayers. According to a state report, ratepayers will ultimately see $5.2 billion in savings since the program started. In 2015, utilities spent $262 million on various energy efficiency programs that will generate $1.08 billion in lifecycle savings for ratepayers. Or, for every dollar spent in 2015, customers are expected to see $4.35 in benefits.

Article Link: 
Article Source: 
Midwest Energy News
category: