Wyoming News Service, Casper, WY - A new analysis of research on what federal energy efficiency standards would cost families state-by-state, and how much they would save on utility bills, shows the net gain would be more than $300 for the average Wyomingite.
Conservation groups the standards have been saying for months that the move would save money for Wyoming's families. Those against such legislation say it would cost consumers more. Interestingly, both are correct.
Mark Cooper authored the analysis report, and after crunching the numbers of the costs of better appliances and insulation against the price of electricity and natural gas, he found a bottom line savings, with the largest amount of money coming in at a 30% increase in efficiency.
Cooper explains that efficiency is simply a profitable investment.
And he says that states with higher utility costs, like Connecticut, for example, could see savings of closer to $600 a year. He points out that he based his numbers on assessments from federal research and organizations which were not lobbying for or against energy legislation.