Winter Impacts of Energy Efficiency in New England

Acadia Center
http://acadiacenter.org/document/winter-impact-electric-efficiency/

[Platts] Energy efficiency savings lowered New England’s wholesale electricity prices by 24% in the winter of 2014, according to a report released Thursday by the Acadia Center, an energy advocacy group.

Efficiency programs suppressed electric demand by 13.7% from January through March 2014, lowering payments to generators by $1.49 billion, the report said.

With New England looking for ways to cut its power prices, the group said the region’s states should prioritize energy efficiency investments, which cost about 4 cents/kWh.

But efficiency is not a one-size “cure-all” for the region’s electricity needs, said Jamie Howland, Acadia Center director for energy efficiency and demand-side initiative…

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