Consumers Could Save About $1000 per Year with Efficiency Standards

Special Analysis

Consumers could save about a thousand dollars on annual household energy costs if energy-efficiency performance standards were more prevalent and better understood. That’s according to a report, Energy Efficiency Performance Standards: The Cornerstone of Consumer-Friendly Energy Policy, released today by the Consumer Federation of America (CFA). The report also finds a broad consensus among a variety of independent policy evaluations that energy-efficiency performance standards, when effectively implemented, are the ideal tool for delivering these savings. Currently, proceedings affecting almost two-dozen new energy performance standards for a broad spectrum of products are pending at the federal and state levels.

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Read a related blog post by Ben Longstreth, NRDC