On-bill repayment: Unlocking the energy efficiency puzzle in California

California has bold expectations for implementing cost effective energy efficiency in all new homes and commercial buildings. By 2030, half of commercial buildings are to be zero-net energy, while existing homes are to reduce energy use by 40 percent by 2020. One California Public Utilities Commissi...

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Bibliographic Details
Published in:Policy File 2012
Main Authors: Copithorne, Brad, Fine, James
Format: Report
Language:English
Subjects:
Budgets/Expenditures
Energy
Environment
Environmental Defense Fund
Government
Online Access:Request full text
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Summary:California has bold expectations for implementing cost effective energy efficiency in all new homes and commercial buildings. By 2030, half of commercial buildings are to be zero-net energy, while existing homes are to reduce energy use by 40 percent by 2020. One California Public Utilities Commission (CPUC) sponsored study estimates $60 billion will be needed to reduce existing household energy use by 25 percent by 2020, an investment effort of over $7 billion per year. No robust plan currently exists for funding these building retrofits.