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Title: Tomorrow`s energy today for cities and counties: Energy efficiency strengthens local economies

Abstract

Your town can use energy efficiency as part of a program to stimulate local economic development. Energy efficiency affects economic growth because energy is used by every part of a community`s economy, including producers, distributors, and marketers of goods and services. But the all-encompassing effects of energy on your local economy are not always obvious. In general, energy costs have two types of effects--direct and indirect. These are explained. The energy efficiency program in Osage, Iowa has helped meet the needs of local businesses by providing technical assistance and low-cost loans. Osage`s municipally owned utility has provided an energy audit at no cost to nearly every business in town. Low-cost loans helped Osage`s businesses pay for energy-efficient measures. Usually, the loans were for projects that pay back the loan principal from the energy savings within a few years. As a result of the energy efficiency program, per capita electricity consumptions in Osage is 25% less than that for the rest of Iowa. In fact, the Osage utility has been able to reduce electricity rates by 19% during the last 8 years and natural gas rates by 5% during the last 5 years. The average home owners saves almost $200 amore » year in energy bills, and many local businesses save much more.« less

Publication Date:
Research Org.:
National Renewable Energy Lab., Golden, CO (United States)
Sponsoring Org.:
USDOE, Washington, DC (United States)
OSTI Identifier:
179199
Report Number(s):
DOE/GO-10095-196
ON: DE95009280; NC: NONE; TRN: AHC29603%%24
Resource Type:
Technical Report
Resource Relation:
Other Information: PBD: Sep 1995
Country of Publication:
United States
Language:
English
Subject:
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION; URBAN AREAS; ECONOMIC DEVELOPMENT; ENERGY EFFICIENCY; FINANCIAL ASSISTANCE; TECHNOLOGY TRANSFER; PUBLIC UTILITIES; ENERGY AUDITS; COMMERCIAL SECTOR; ELECTRIC POWER; ENERGY CONSUMPTION

Citation Formats

NONE. Tomorrow`s energy today for cities and counties: Energy efficiency strengthens local economies. United States: N. p., 1995. Web. doi:10.2172/179199.
NONE. Tomorrow`s energy today for cities and counties: Energy efficiency strengthens local economies. United States. doi:10.2172/179199.
NONE. Fri . "Tomorrow`s energy today for cities and counties: Energy efficiency strengthens local economies". United States. doi:10.2172/179199. https://www.osti.gov/servlets/purl/179199.
@article{osti_179199,
title = {Tomorrow`s energy today for cities and counties: Energy efficiency strengthens local economies},
author = {NONE},
abstractNote = {Your town can use energy efficiency as part of a program to stimulate local economic development. Energy efficiency affects economic growth because energy is used by every part of a community`s economy, including producers, distributors, and marketers of goods and services. But the all-encompassing effects of energy on your local economy are not always obvious. In general, energy costs have two types of effects--direct and indirect. These are explained. The energy efficiency program in Osage, Iowa has helped meet the needs of local businesses by providing technical assistance and low-cost loans. Osage`s municipally owned utility has provided an energy audit at no cost to nearly every business in town. Low-cost loans helped Osage`s businesses pay for energy-efficient measures. Usually, the loans were for projects that pay back the loan principal from the energy savings within a few years. As a result of the energy efficiency program, per capita electricity consumptions in Osage is 25% less than that for the rest of Iowa. In fact, the Osage utility has been able to reduce electricity rates by 19% during the last 8 years and natural gas rates by 5% during the last 5 years. The average home owners saves almost $200 a year in energy bills, and many local businesses save much more.},
doi = {10.2172/179199},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Fri Sep 01 00:00:00 EDT 1995},
month = {Fri Sep 01 00:00:00 EDT 1995}
}

Technical Report:

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