State profiles of energy efficiency opportunities in the south


Table 1: Economic and Employment Impacts of Energy Efficiency



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Table 1: Economic and Employment Impacts of Energy Efficiency

Indicator

2020

2030

Public Sector Policy Financial Incentives (in million $2007)

528

853

Private Sector/Household Productive Investment (in million $2007)

440

480

Change in Electricity Costs (in million $2007)

-1,134

-2,228

Change in Natural Gas Costs (in million $2007)

-$404

-$751

Annual Increased Employment (ACEEE Calculator)

15,600

21,500

Change in Gross State Product (in million $2007)

229

479


Conclusions

The energy efficiency policies described in this profile could set Tennessee on a course toward a more sustainable and prosperous energy future. If utilized effectively, the State’s substantial energy-efficiency resources could reverse the long-term trend of ever-expanding energy consumption. With a sustained and concerted effort to use energy more wisely, Tennessee could grow its economy, created new job opportunities, and reduce its environmental footprints.


For more information on the methodology used to derive this state profile, please see Energy Efficiency in the South. 1




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