Press release from the Southern Alliance for Clean Energy:
On Wednesday, Jan. 27, at 1 PM ET, SACE policy analysts will host a webinar with an overview of the report, including time for live questions.
An excerpt from the report can be found below:
SACE’s Third Annual “Energy Efficiency in the Southeast” report: A solution to multiple crises
Forest Bradley-Wright, Energy Efficiency Program Director
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of the Southeast’s largest, fail to serve the efficiency needs of their customers and instead continue to over-rely on outdated fossil fuel generation.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.
Duke in the Carolinas Leads the Southeast
In 2019, Duke Energy Carolinas and Duke Energy Progress continued to lead our region in percent annual efficiency savings and were the only Southeast utilities to top the national average. Georgia Power and Tampa Electric exceeded the Southeast regional average, but this is far below the rest of the nation. By contrast, average savings in the Northeast are more than five times higher than in the Southeast.
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