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Rebate Programs Continue to Grow Dramatically

By providing valuable incentives and rebates to customers, energy efficiency programs have proven to be an effective way for utilities and federal/state/local governments to reduce electric demand. Funding for these programs has grown rapidly over the years and is now at an all-time high. A recent report from the Consortium for Energy Efficiency (CEE) shows that the budgets for energy efficiency electric programs were $6.8 billion in 2011. That's a 26% increase over the previous year's budgets. Of that money, $2.6 billion is earmarked specifically for commercial and industrial projects.