Americans Take Some Energy Saving Actions
Source: Shelton Group
Homeowners are doing some simple, inexpensive things to cut down on energy use but, in the future, more will move to energy management and control systems as incentives turn on saving on utility bills instead of government tax incentives.
Money Saving Threshold Differs
- $113 Higher Income -- $100,000 or more
- $120 Lower Income – Less than $25,000
- $98 Graduate Degreed
- $122 High School Degreed
Less Incentives, Less Purchasing
- Thirty percent of Americans who have undertaken improvements said they haven't seen the bill reduction they'd expected. Most said this was because their utility rates had gone up, but 44 percent said that they likely needed to make more improvements. In fact, the survey found that the number of improvements completed is strongly correlated with achieving the expected savings.
- There is significant interest in time-of-use billing plans, smart meters and online energy information management systems. Over half of respondents, if given access to more information about their energy use, said they would utilize it regularly to try to shift or reduce their consumption. That includes 61 percent who are interested in receiving a smart meter that would notify the utility if they lose power and offer more information about when they were using electricity. “When it comes to meeting customer needs, many utilities fear the vocal minority,” Shelton comments. “They’re concerned about resistance to smart meters and slow to roll out time-of-use billing. As a result, utilities are missing out on a huge opportunity to help people take control of their energy use by giving them the information they need and the choices they want.”