Full Title: Utility Energy Efficiency Initiatives Are Good Policy
Author(s): MARTIN KUSHLER, ED VINE, AND KEN KEATING
Publisher(s): Cato Institute
Publication Date: March 1, 2019
Full Text: Download Resource
Description (excerpt):
Researchers have been evaluating and documenting the effects of utility energy efficiency programs for decades, and nearly every state in the nation now has policies providing for utility energy efficiency programs. The research shows that these programs have been generally cost-effective and are well-justified as a way to address market failures such as imperfect information, split incentives, externalities such as environmental costs, and regulatory concerns that arise from utility monopoly power.