DOE Announces Largest Energy Efficiency Standard in History!

u-s-department-of-energyEnergy Department Announces Largest Energy Efficiency Standard in History. The U.S. Department of Energy recently announced historic new efficiency standards for commercial air conditioners and furnaces. Developed with industry, utilities, and environmental groups, these standards will save more energy than any other standard issued by the Department to date. Over the lifetime of the products, businesses will save $167 billion on their utility bills and carbon pollution will be reduced by 885 million metric tons.

The U.S. Department of Energy today announced historic new efficiency standards for commercial air conditioners and furnaces. Developed with industry, utilities, and environmental groups, these standards will save more energy than any other standard issued by the Department to date. Over the lifetime of the products, businesses will save $167 billion on their utility bills and carbon pollution will be reduced by 885 million metric tons.

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“Just days after the Paris agreement to cut global emissions and create a new era of affordable energy, today’s announcement marks the largest energy-saving standard in history and demonstrates that America is leading the effort to reduce energy costs and cut carbon emissions,” said Energy Secretary Ernest Moniz. “This rule also shows that strong public-private partnerships can reap environmental and economic dividends and drive technology breakthroughs. These standards are a direct result of the Energy Department’s negotiated rulemaking process which brings diverse stakeholders to the negotiating table and supports industry innovation, demonstrating how government and business can work together to meet U.S. carbon reduction goals.”

During the Obama administration, the Department has finalized new efficiency standards for more than 40 household and commercial products, including commercial refrigeration equipment, electric motors, and fluorescent lamps, which will save consumers nearly $535 billion and cut greenhouse gas emissions by over 2 billion metric tons through 2030. Today’s announcement brings the Energy Department more than two-thirds of the way to achieving the goal of reducing carbon pollution by 3 billion metric tons through standards set in the President’s first and second terms. This is equivalent to cutting more than a year’s carbon pollution from the entire U.S. electricity system.

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