The state’s energy efficiency fund says its programs will help create combined annual savings of $86.3 million last year for businesses, residents and municipalities.
Energize Connecticut, a public-private partnership that’s mainly ratepayer funded, said in its latest annual report that nearly 981,000 households and 6,200 businesses took advantage of its energy audits, product rebates, low-interest loans and other offerings last year.
The result, according to Energize overseer’s, the Energy Efficiency Board, was annual energy savings totaling 435,800 megawatt hours of energy. That’s enough to power nearly 50,000 average Connecticut households for one year.
In 2014, Energize said it helped save 387,800 megawatt hours work of energy, amounting to $81 million per year.
Energize is a partnership between the Connecticut Green Bank, the Department of Energy & Environmental Protection, the Connecticut Energy Efficiency Fund and the state’s two electricity and gas utilities, Eversource and Avangrid.
Energize spent $243.1 million on energy efficiency programs last year, of which nearly $209 million came from electric and gas ratepayers.
That was up from $228.6 million in 2014, of which nearly $205 million came from ratepayers.
