US Congresswoman Michele Bachmann often asks why government should tell us which kind of light bulb to choose. Turns out it’s a question with a trillion dollar answer.
We will save $1.1 trillion through 2035 because of existing energy efficiency mandates for light bulbs and appliances, according to a report issued this week by the American Council for an Energy-Efficient Economy and the Appliance Standards Awareness Project.
“The Efficiency Boom: Cashing In on the Savings from Appliance Stand...” says the standards will cut our energy use 200 quads, the equivalent of the US using no energy for two years. The standards already have reduced our energy use 3.5 percent.
This means lighting and appliance standards have saved more energy than almost any other efficiency program, says the report.
Bringing the numbers close to home, the average household will save about $30,000 over 45 years, or enough to cover two years of typical mortgage payments, under existing and new standards. This assumes the household changes major appliances every 15 years.
Discussion continues at http://www.realenergywriters.com/ee-blog/2012/03/09/trillion-dollar...