They deliver economic, environmental and public health benefits
ENERGY
For New Hampshire consumers and businesses, the benefits of reducing energy waste is just common sense. Now, as the state works to build back economically from the pandemic, New Hampshire can harness statewide energy-efficiency efforts through NHSaves programs to create local jobs, help hard-hit industries, protect vulnerable populations, and improve air quality and public health.
More than ever, New Hampshire needs tested, proven investments — like energy efficiency — that pay for themselves. The Granite State currently has an important window of opportunity to accelerate its recovery by doubling down on its energy-efficiency programs. Over the summer, utilities submitted an ambitious draft plan to increase the state’s energy-efficiency resource standard (EERS) for 2021-23 to the Public Utility Commission’s Energy Efficiency and Sustainable Energy (EESE) Board.
Cost savings are the most clear-cut benefit to wasting less energy. Energy-efficiency programs deliver value to every consumer and business, whether or not they directly participate. This is because energy-efficiency programs reduce the total power needed to keep the lights on across the state. Using less electricity means lower transmission and
distribution costs for all customers, increased grid reliability and
lower costs from reducing the need to use dirty, expensive power plants
during periods of peak demand.
At
the same time, increasing investments in energy efficiency puts local
contractors to work installing energyefficiency upgrades. These
investments create local jobs and help keep consumer’s energy dollars
in-state, strengthening New Hampshire’s economy.
Energy
efficiency also protects public health and the environment by
significantly reducing carbon emissions and other harmful pollutants.
The proposed energy-saving targets for electric and gas utilities will
lead to emissions reductions equivalent to removing just under 1 million
cars from New Hampshire’s roads for one year.
Members of the business community have
come out in support of the proposal. Among them, the Ceres BICEP
Network — a coalition of nearly 70 major employers and large electricity
customers across the U.S. — submitted letters to the PUC in both July
and October.
The
proposal to increase the state’s EERS also reflects the New Hampshire
Clean Energy Principles. More than 120 local businesses representing the
manufacturing, health, hospitality, financial services and agricultural
sectors in the Granite State signed these principles in 2019.
The
companies highlight the importance of energy efficiency and clean
energy solutions to their businesses and the competitive advantage that
investments in marketdriven, clean energy programs give New Hampshire’s
businesses and workforce.
These
businesses understand that reducing energy use has a direct, positive
impact on their bottom line. The utilities’ modeling shows that an
increased EERS would lower electricity bills for the majority of New
Hampshire’s commercial and industrial customers. This will create more
resources for companies to reinvest back into their business, employees
and local communities.
Despite
all of these many benefits, some business groups take aim at the
proposed EERS, citing the shortterm costs. However, the pandemic has
clearly shown the importance of taking early action to combat big
challenges, the need to support local jobs and the value of policies
that improve public health.
A
stronger EERS will deliver numerous economic, environmental and public
health benefits for New Hampshire, including lower energy costs for New
Hampshire’s commercial and industrial users.
Alli Gold Roberts is director of state policy at Ceres.