January 18, 2012 | last updated June 1, 2012 11:56 am

CT efficiency programs to save $52M

Connecticut's programs to increase home energy efficiency will save electric and natural gas customers $52 million on their bills this year, according a study from Environment Northeast.

The report comes as Connecticut's utility regulators are increasing the amount of funds set aside to upgrade and weatherize homes for efficient energy use.

Heading into the Feb. 6 General Assembly legislative session, several environmental and consumer groups are pushing the state government to expand efficiency programs to people using fuel oil to heat their homes. Currently, only gas and electric customers receive the benefit, as they pay for the program through their bills.

The study by Environment Northeast found for every $1 invested in efficiency, ratepayers save $4. If the state invested in cost-effective efficiency programs over the next 10 years, it would add $10 billion to the state economy in employment and household income.

Comments

Type your comment here:

Today's Poll How will you travel this holiday season?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2014 New England Business Media