U.S. Department of Energy - Energy Efficiency and Renewable Energy
EERE Financial Opportunities
California Approves $2 Billion for Energy Efficiency
September 28, 2005
The California Public Utilities Commission (CPUC) approved on September 22nd $2 billion in funding over the next three years for energy efficiency
and conservation programs throughout the state. Referred to by the
CPUC as "the most ambitious energy efficiency and conservation
campaign in the history of the (U.S.) utility industry," the effort
includes consumer rebates of up to $600 for appliances that carry the
Energy Star label. It also provides $230 million per year for the
state's Green Building Initiative, which aims to cut energy use in
government buildings by 20 percent.
The campaign includes online energy audits for homes and voluntary
energy audits for businesses, schools, hospitals, and other buildings,
followed up with design assistance and equipment rebates for energy
efficiency improvements. Efforts will focus on specific markets, such
as agricultural and food processing businesses, and will also include
continued and new partnerships with local governments and universities
and schools. Most programs will be offered through the state's four
large utilities.
According to the CPUC, the three-year campaign will cut energy costs
for homes and businesses by more than $5 billion, eliminate the need
to build three large power plants over the next three years, and
reduce global warming pollution by an estimated 3.4 million tons of
carbon dioxide by 2008, which is equivalent to taking about 650,000
cars off the road. See the CPUC press release.
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