“Energy Efficiency in the Southeast” third annual report

Kate Tracy | January 26, 2021 | Reports and Fact Sheets

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Each year SACE compiles efficiency performance data from nearly 500 electric utilities in the Southeast, which we now present in our third annual “Energy Efficiency in the Southeast” report.

Our analysis reveals that nearly three-quarters of the region’s total energy efficiency savings come from just three companies: Duke Energy Carolinas (DEC), Duke Energy Progress (DEP), and Georgia Power.

Energy efficiency is a low-cost, clean energy resource that reduces energy waste and carbon emissions while lowering customer bills. But too many utilities, including some of the Southeast’s largest, fail to serve the efficiency needs of their customers and instead continue to over-rely on outdated fossil fuel generation.

Our latest report centers on utility efficiency savings from 2019 (the most recent year with complete data) taken as a percent of the prior year’s retail sales – which creates a standard metric to compare performance between utilities and states of different sizes. Our data findings are presented with both historical context and the most recent policy trends to give a sense of where efficiency savings performance will likely go in coming years.

Since the data used for this report comes from 2019, it does not include annual efficiency performance stats from the COVID-19 pandemic, but we do provide insights on how efficiency programs have been impacted and what to look for in next year’s report.

Energy Efficiency in the Southeast third annual report, 2021