The (real) cost and value of energy efficiency

(Nerd alert. This is Andy again, giving another light economic policy analysis of energy efficiency. Feel free to ignore if you are a normal person.)

People in energy policy circles tend to talk in relatively blase terms when it comes to energy efficiency. The conventional wisdom is that energy efficiency is massive, simple and cheap:

“The ‘fifth fuel’, as energy efficiency is sometimes called, is the cheapest of all. A report by ACEEE, an American energy-efficiency group, reckons that the average cost of saving a kilowatt hour is 2.8 cents; the typical retail cost of one in America is 10 cents. In the electricity-using sector, saving a kilowatt hour can cost as little as one-sixth of a cent, says Mr Lovins of Rocky Mountain Institute, so payback can be measured in months, not years.”

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A (free) home energy assessment might save your life

We here at Sealed are all about guaranteeing your energy savings. However, did you know that a home energy assessment could also save your life?

Before I go any further, a little introduction. I’m working with Sealed to spread the word about home energy efficiency while studying energy policy and management at Columbia University. And coming from Northern Europe (Latvia), I know how to appreciate a warm, cozy home that does not waste money.

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