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Energy efficiency is a valuable, least-cost alternative to supply-side investments. States’ recognition of this value has grown dramatically in the U.S. over the past ten years, with leading jurisdictions now acquiring more than twice as much electric efficiency savings as they did a decade ago. A new RAP study conducted by Chris Neme and Jim Grevatt of Energy Futures Group concludes that it should be possible to cost-effectively meet 30 percent of forecast electricity needs with new efficiency investments over the next ten years—a level of savings that is 50 to 100 percent greater than what leading states are acquiring today.

In a webinar held on January 21, 2016, Mr. Neme explored the significant policy changes required to take this quantum leap in energy efficiency, examined the level of savings currently being acquired by leading states, and described new efficiency technologies and program approaches for increasing savings.