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The Efficiency Boom: Cashing In on the Savings from Appliance Standards

Appliance, equipment, and lighting standards have been a cornerstone of U.S. energy policy since Congress enacted the first standards in the 1980s. They have significantly reduced U.S. energy consumption, providing large economic benefits for consumers and businesses. Taking into account products sold from the inception of each national standard through 2035, existing standards will net consumers and businesses more than $1.1 trillion in savings cumulatively. The ACEEE report finds that over the same period, cumulative energy savings will reach more than 200 quads, an amount equal to about two years of total U.S. energy consumption.