My latest article for Midwest Energy News examines economic studies criticizing Ohio’s energy efficiency standards. One big point the critics missed: You don’t have to pay for electricity you don’t use.
Two economists who favor scaling back Ohio’s energy efficiency standard admit they did not consider all potential benefits in their recent reports criticizing the current law.
Last week, an industry group released two reports finding fault with an analysis that projects billions of dollars in costs and thousands of job losses if Ohio’s renewable energy and energy efficiency standards are rolled back.
The new reports conclude that the costs of energy efficiency programs outweigh one benefit—lower wholesale energy prices. The reports’ authors acknowledge, however, that they did not calculate any other potential benefits.