Energy Efficiency Programs Stimulate Regional Economies
Do you know how much your energy efficiency program stimulates the economy of your service territory?
Too often there is an enormous gap in the quantification of the value of utility-sponsored energy efficiency programs; the unanalyzed and under-appreciated impact on a region’s economy. Econsult Solutions can help you make your utility company’s case about the value of your demand-side programs. We combine our decades of economic development and utility planning experience with our proprietary input-output economic model. We are able to calculate the effect that changes in disposable spending would have on the region’s economic activity and job creation, which benefit all in the region, regardless of program participation.
Our team will work with you to capture a full range of critical inputs associated with your program that affect the region’s economy beyond primary costs and benefits. Core outputs include changes in economic product and employment. We are also able to analyze other secondary impacts associated with these utility programs. In addition to producing a program-specific case report, we are available to provide expert testimony or other litigation services supporting our analysis.