Sierra Club urges Joint Finance Committee to support increased energy efficiency investments
From a news release issued by the Sierra Club – John Muir Chapter:
Madison: The Joint Finance Committee will consider the Public Service Commission’s (PSC) recent recommendation to increase Focus On Energy Funding today in the State Capitol. The PSC recently voted to
increase investment in Focus on Energy (FOE) and set new goals that together would decrease energy use 1.5 percent annually by 2014.
The Sierra Club strongly supports this common-sense investment in energy efficiency that will create thousands of jobs and save customers money on their utility bills. For every dollar invested in energy efficiency, homeowners and businesses have saved around $3. FOE has created over 16,000 jobs and saved homeowners and businesses over $275,000,000 since its inception in 2000.
Under the proposed Focus on Energy investment, ratepayers can expect to save about $15 per month on their energy bills over the next 4 years. Increasing Wisconsin’s commitment to energy efficiency programs will also create at least 4,000 jobs each year. Approving goal-based increases in energy efficiency will reduce our dependence on fossil fuels.
“Creating goal-based energy efficiency funding for Focus on Energy will create thousands of jobs and decrease the $16 billion we sent to other states to fuel our energy needs in 2008,” said Shahla M. Werner, PhD, Director, Sierra Club John Muir Chapter. “Supporting the Public Service Commission’s ecommendations will clean up Wisconsin’s air and create thousands of jobs at a time when our economy most needs this type of forward-thinking invest investment,” said Caryl Terrell, Energy Efficiency Team Chair, Sierra Club – John Muir Chapter.
The Sierra Club strongly disputes the negative claims by Wisconsin Manufacturers and Commerce. There is a key provision for industrial users that caps contributions at 2005 levels, and investing in efficient equipment protects industries from price spikes. Independent analysis also shows that although rates may go up with increased energy
efficiency investment, bills go down. The Sierra Club urges the media to check the claims of the opposition.
“Examining their shaky claims will reveal that the facts related to real Wisconsin jobs, real energy savings, and real reduced operating costs are with us,” added Werner.