ASAP and ACEEE Report Indicates U.S. Efficiency Standards for Appliances Will Save Consumers $1.1 Trillion by 2035
The Appliance Standards Awareness Project (ASAP) and American Council for an Energy-Efficient Economy (ACEEE) released a report: The Efficiency Boom: Cashing In on the Savings from Appliance Standards. The Efficiency Boom is a series of analyses assessing the impact of existing standards and energy savings potential for new and revised appliance standards in the U.S.
Based on the report, national efficiency standards for appliances, lighting, and other equipment will save consumers and businesses more than $1.1 trillion and dramatically reduce greenhouse gas pollution and other emissions by 2035.
Additionally, this report evaluates potential new or updated standards for 34 product categories that could be adopted within the next four years, all of which are technologically and economically feasible, and many of which are already being considered for regulation or revision by the U.S. Department of Energy. Products with the biggest potential additional energy savings include electric water heaters, reflector light bulbs, distribution transformers, electric motors, and computers. The largest net economic savings would come from new clothes washer and outdoor lighting standards.
For more details, please see the press release, fact sheet, and the Efficiency Boom report available for download below.