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The Verge

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Image Credit: The Verge

Energy efficiency rollbacks could cost Americans $43 billion in higher utility bills

  • The Trump administration is planning to rollback 12 energy efficiency standards, which could potentially cost Americans billions of dollars in higher electricity bills.
  • The Department of Energy (DOE) estimates savings of $11 billion from these rollbacks but fails to consider the additional costs Americans would incur due to using less energy-efficient appliances.
  • An analysis by the Appliance Standards Awareness Project (ASAP) suggests that the deregulation spree could result in about $43 billion in increased electricity bills for households and businesses.
  • The DOE's focus on savings overlooks the higher costs consumers would bear with less efficient appliances, leading to a net savings estimate of $43.2 billion from the 12 rules being rolled back.

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