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TheStreet Open House

Massachusetts Energy Efficiency Providers Unveil Aggressive New Savings Plan For Gas And Electric Customers

Stock quotes in this article: NU

“In creating this renewed plan, we continued with elements that are working from the previous plan, discarded the ones that aren’t, and most importantly, we incorporated new energy efficiency program ideas based on feedback received directly from our customers,” said Edward White, Vice President, Customer and Business Strategy, National Grid. “Massachusetts’ energy efficiency program efforts have been recognized both within the commonwealth and nationally, and we look forward to paving an even deeper path for savings for our customers while simultaneously achieving significant greenhouse gas reductions.”

One hallmark of the Program Administrators’ comprehensive plan is their commitment to continued nationally-recognized services to low-income customers. This low income delivery effort is coordinated through the state’s low-income weatherization and fuel assistance program network.

“We look forward to providing cost effective, whole house, energy efficiency services, along with the Program Administrators, to all low income homes and communities throughout Massachusetts,” said Elliott Jacobson, Vice President, Energy Action, Inc. “The plan provides the opportunities to make energy more affordable, lower energy consumption, and decrease negative environmental impacts. We thank the Program Administrators for their support and commitment, and we thank the Department of Energy Resources (DOER) for their role in creating the collaborative process that resulted in this ambitious three year plan.”

In keeping with the GCA, the Program Administrators’ plan also calls for promoting the reduction of greenhouse gas emissions and stimulating job creation in the clean energy sector. With projected Program Administrator costs of approximately $2 billion and estimated savings benefits of nearly $9 billion, economic and environmental benefits to consumers will be substantial.

From a job creation standpoint, the Program Administrators estimate that 2,300 jobs will be created in clean energy as a result of the implementation of the energy efficiency programs for residential and business customers.

“In addition to the energy savings that our efficiency programs deliver to customers, we are helping move the economy forward,” said Steve Bryant, President of Columbia Gas of Massachusetts. “These jobs provide a very good wage and will create growth opportunities for workers in the energy industry.”

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