Energy Efficiency Report

According to a report by the Michigan Conservative Energy Forum, expanding Michigan’s energy efficiency program could reduce costs for ratepayers, drive billions of dollars in economic activity and support thousands of jobs. The study says removing the state’s existing budget cap and pursuing all achievable, cost-effective energy efficiency, shows potential for $22 billion in economic output including 163,000 supported job years and $7.6 billion in employment compensation. While continuing Michigan’s existing energy optimization programs with the current annual budget cap – demonstrates potential for $8.1 billion in economic output, including supporting 60,000 job years and $2.8 billion in employment compensation.