Leveraging EMEF’s funding
EMEF’s focus on energy efficiency has gained political traction. In 2000, only two states had Energy Efficiency Resource Standards (EERS). Now 27 states have EERSs, accounting for more than 65% of the United States’ electricity demand. EMEF’s consultants have reported that EMEF’s modest investments in energy efficiency policy had at least a 57 to 1 leverage ratio.
Since EMEF funding in state EE policy began, EMEF has helped leverage:
- an increase of at least $550 million in utility energy efficiency program spending
- an increase of approximately 3,500 GWh/year in first-year energy savings which is roughly equal to the total retail electricity sales of Rocky Mountain Power Idaho
- at least $7.4 billion in total net savings for households and businesses from programs implemented each year
- more than 74 million tons overall of avoided CO2 emissions over the lifetime of energy efficiency measures installed by programs each year–equivalent to the amount that 21 typical coal-fired power plants emit in a year
The impacts of EMEF’s grants go far beyond the numbers above. These numbers do not capture other examples of EMEF’s impact (e.g., policies that have been put in place, organizational capacity that has been enhanced, allies that have been brought on board.)