Energy Efficiency Rebates Projected to Grow
Most of the increase in funding is attributed to state legislative savings requirements and regulations, although some of the increase is also driven by utility DSM planning. This increase would mean a growth of 2-8% per year. In comparison, spending grew at 5% per year from 1997-2006 and 26% from 2006-2010.
Continuing a trend we've observed over the past few years, the report suggests that in the years to come, relative spending for energy efficiency programs will decrease in the Northeastern and Western States and will increase in the South and Midwest.
While energy efficiency programs will be around for the foreseeable future, don't rely on the same rebates to continue. As we have seen in the past, we expect energy efficiency programs to continue to adapt to new technologies and adjust their programs accordingly over the years. For example, in 2013 T12 to T8 rebates significantly decreased or even disappeared from some rebate programs as a result of the government legislation affecting many popular T12 lamps.Read the full report
Source: Berkeley Lab. The Future of Utility Customer-Funding Energy Efficiency Programs in the United States: Project Spending and Savings to 2025. January 2013.