Lesson 3: Energy Efficiency – Cole

If the goal is to use efficiency improvements to put the United States on a track to potentially use less power than today, there needs to be a cooperation between businesses, the government, and individuals. Governments can promote energy efficiency through a variety of programs and policies. Raising minimum efficiency standards for appliances, offering tax incentives on energy efficiency renovations, and raising energy taxes are some polices that the government can impose. The United States government already requires some appliances like refrigerators and dishwashers to meet certain efficiency standards. However fails to address other major household appliances in terms of energy efficiency. The government should raise the efficiency standards higher for the appliances already included in this policy and expand standards to other major household appliances to put the United States on a better track. Offering more tax incentives for replacing old windows, furnaces, insulation, door, etcetera, and other energy efficiency renovations, would be a another policy. This gives individuals and businesses “incentives” to increase the efficiency of their houses, buildings, or factories while using electricity. Another way of doing this and generating revenue would be to increase energy taxes. That will sure get individuals and business to cooperate and increase their energy efficiency.

I believe that energy consultation and servicing firms already have the potential to move with these types policies. To meet efficiency standards and save money by investing in renovations, individuals and businesses will have to consult with firms that are very knowledgeable in doing research and providing plans to meet with their energy efficiency needs.