01/07/2024 | Press release | Distributed by Public on 01/07/2024 15:03
WASHINGTON, D.C. - U.S. Senator Tina Smith (D-MN), joined by her colleague Senator Peter Welch (D-VT), introduced legislation that would boost the use of cutting-edge technologies to increase energy efficiency capabilities across America. Studies have estimated that a national energy efficiency resource standard (EERS) would save consumers over $56 billion on their energy bills and could create 400,000 jobs.
"Increasing our energy efficiency is one of the most effective tools we have to reduce greenhouse gas emissions and cut back on the amount of energy we use overall," said Sen. Smith. "This bill would save families money on energy costs and build upon the good work that states are already doing, including by leveraging the Inflation Reduction Act's unprecedented federal investment in clean energy efficient technologies."
"Vermont is proud to be a national leader in the fight against climate change-including the first statewide energy efficiency utility in the country. These efforts have transformed the way Vermonters use energy, saving billions of dollars in energy bills, creating green jobs, and eliminating millions of tons of carbon emissions in the process. The American Energy Efficiency Act builds on Vermont's success by establishing a nationwide efficiency standard for retail electric and natural gas utilities and making efficiency upgrades more affordable for families across the country," said Senator Welch.
Specifically, the American Energy Efficiency Act would build upon state successes to establish a national energy efficiency resource standard (EERS). This bill would help all states benefit from commercial, cost-effective energy savings technologies by:
You can read the full text of the bill here and view the one-pager here.
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