A Bright Idea
Do you shop for Energy Star appliances? Do you switch out hard-to-reach incandescent bulbs for longer lasting compact fluorescents? Maybe you’ve even had an energy audit done for your home and gotten rebates for follow-up projects.
Steps like these can cut your home’s energy bills. If they’re part of your utility’s energy efficiency plan, they might also lower your area’s electric capacity rates.
When grid operators like PJM Interconnection buy capacity, utilities can bid energy efficiency into the process in much the same way that natural gas, nuclear, or other types of generation get bid. Energy efficiency thus becomes a commodity. And the whole process saves consumers money.
Find out more in my article today for Midwest Energy News: