Utility energy efficiency spending and savings declined in 2018

The U.S. Energy Information Administration’s (EIA) annual survey of more than 600 electric utilities and third-party program managers shows that total inflation-adjusted energy efficiency (EE) spending and electricity savings fell in 2018 as the cost of achieving savings increased in the residential sector. EE spending fell for the second year in a row, in part, because of less administrative, marketing, and other spending not directly related to energy efficiency incentives. Since 2014, reported energy efficiency savings have increased by 7%, and energy efficiency incentive spending has declined by 6%.
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