Last week’s post ended with a suggestion to use a benefit/cost metric like that produced by ACEEE, shown in the chart. The results of ACEEE’s study indicate that energy efficiency is the cheapest resource for “producing” energy. As long as it is the cheapest source, let’s keep buying. The regulated utility business is weird. The energy efficiency business is off-the-chart weird. Why? Because we produce the ballyhooed tawagem. We produce a lack of something. Nothing. A vacuum. We save energy at a lower cost per kWh than it costs to generate a kWh, with anything.So, what does this mean? How…
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