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Press Mention Compass Knox email newsletter February 18, 2022

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EE Report - Compass Knox email newsletter

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SACE released its fourth annual "Energy Efficiency in the Southeast" report showing a 20 percent average decline in energy efficiency savings across the region last year. The report found Duke Energy had the highest efficiency rating while TVA underperformed, with Tennessee ranking sixth out of seven states. SACE asserted that major Southeastern utilities have set carbon reduction goals but their long-term resource plans remain too reliant on fossil fuels.

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Utility systems across the Southeast saw an average decline in energy efficiency savings of about 20 percent last year, according to a report issued this week by the Southern Alliance for Clean Energy (SACE).

The organization's fourth annual "Energy Efficiency in the Southeast" report states Duke Energy had the highest efficiency rating in the region, while the Tennessee Valley Authority underperformed. Efficiency programs aimed to help low-income customers were especially hard-hit. The organization said utilities struggled to adapt to the COVID-19 pandemic.

Tennessee ranked sixth out of seven Southern states, far behind regional leader North Carolina and ahead of only Alabama. All the Southern states fell below the national average.

SACE asserted that while every major Southeastern utility has set carbon reduction goals, their long-term resource plans fall short. The region remains too reliant on fossil fuels, the report states.

The full report can be found here.