Energy Exchange

Transforming an Energy Burden into an Energy Opportunity

Energy opportunityEconomic inequality has become one of the dominant political narratives of the day. It occupies discussions on both sides of the aisle, and is shaping elections from city halls to the White House. There’s a good reason for this: the continuing trends of flattening incomes, concentrated wealth, and deepening poverty are historic.

One place this reality is really hitting home for millions of Americans is on their monthly energy bill. For nearly one in three American families, paying a monthly energy bill is a challenge.

The energy burden, as the Department of Energy defines it, is the ratio of energy costs (which includes heating, cooling, appliances, and lighting from electricity, gas, and fuel sources) to household income. Nearly 40 percent of low-income households use electricity to heat their homes (the majority in the South and West), and are suffering a more severe energy burden because of factors like wage stagnation and the quality of housing at lower economic levels.  In 2014, researchers looking at the “energy affordability gap” for low income households (the difference between actual energy bills and what is considered affordable) tabulated it at almost $45 billion nationally. That is an increase of 16 percent from 2011, with nearly 60 percent of the growth accounted for by states in the mid-South, South, and east of the Mississippi. For any of those families, even a 10 percent growth in electricity costs can be destabilizing. Monthly electric bills become another factor forcing households to choose between groceries, childcare, and medical bills.

To make inroads in closing the energy affordability gap and reducing energy burdens for the most vulnerable, Environmental Defense Fund believes we need a combination of greater and scalable clean energy investment in low- and moderate-income communities, and a focus on empowering the many faces that are energy-burdened. The multi-billion dollar affordability gap certainly poses a variety of financial risks, but it’s also rife with opportunity. Read More »

Also posted in California, Clean Energy, Energy Efficiency, Energy Equity, Energy Financing, North Carolina, On-bill repayment, Solar Energy / Comments are closed

Despite Overwhelming Nationwide Support for Clean Energy, Poll Shows Personal Disconnect

SolarWorker_iStock_000010582663_RF (1)Often lost in greens’ advocacy is how a cleaner environment improves the lives of individuals. People hear, “Save the trees!” or “Use clean energy!” But if you’re out of work or can’t afford the electricity bill, you may ask, “How do these environmental efforts help me and my family?”

Yesterday, the University of Texas released its newest UT Energy Poll, which was conducted in January and concerns nationwide views on energy issues. The results indicate attitudes toward clean energy are overwhelmingly positive. This data also suggests, however, that people do not place as high of a priority on energy issues as they do on more personal issues, such as job creation.

Perhaps people don’t realize the extent to which clean energy and economic gains are actually closely linked. Therefore, investing in clean energy solutions will align with the public’s support and help address their biggest concerns. Read More »

Also posted in Texas / Read 3 Responses

3 Ways Texas’ Grid is Getting Smarter Thanks to DOE’s SunShot Initiative

rp_Pecan-Street-300x199.jpgLast week, GridWise Alliance released its 3rd Annual Grid Modernization Index (GMI), a ranking of every state’s progress toward modernization of our nation’s electric system – and Texas impressively placed third. The Alliance, a leading smart grid coalition which includes Environmental Defense Fund, based its assessment on state policies, customer engagement, and investment in advancing grid operations.

As we move toward a smarter, more efficient electric system, Texas is emerging as a leader in grid modernization. And with three recent smart-grid grants from the U.S. Department of Energy’s (DOE) SunShot Initiative, the Lone Star State could climb to the top of the GMI list.

Since 2011, the DOE has awarded millions of dollars through the SunShot Initiative to a variety of public and private entities. The goal is to make solar energy cost-competitive with other forms of electricity by the end of the decade, meaning it would cost the same to get your power from solar as from more traditional sources like coal. In the short amount of time since the program began, the solar industry is already 70 percent of the way there.

As the sixth largest electricity consumer in the country, Texas could greatly contribute to reaching this goal, especially with recent DOE support given to projects run by Austin Energy, Pecan Street, and GeoCF: Read More »

Also posted in Grid Modernization, Solar Energy, Texas / Tagged | Comments are closed

5 Signs of Texas’ Clean Energy Momentum in 2015

sparklers-586002_640 pixabayFrom Apple to General Electric, it is common practice in the corporate world for established juggernauts to invest significant sums for research and development. Why? Maintaining one’s reign atop a sector requires dynamic, cutting edge innovation.

The same logic applies to state economies. And when it comes to energy, Texas – where oil and gas reign king – has arguably been America’s most dominant state for the past century. Over recent years, however, technologies and developments reshaping the sector have advanced at an unprecedented rate. As a result, it’s become clear that the energy sector of the future will rely far more on clean energy and smart technologies than on fossil fuels.

The good news: Texas has by far the most potential for solar and wind generation in the United States, which means the Lone Star state might be even more energy-rich in the 21st century than it has been in the past. In addition, the state’s energy sector is trending cleaner due to market forces.

And, in case you needed more proof, 2015 has been a dynamite year for clean energy momentum in Texas. Here are five reasons why: Read More »

Also posted in Clean Power Plan, Energy Efficiency, Solar Energy / Read 3 Responses

The Dominos are Falling: Conservative Texas Towns Embrace Renewables’ Low Prices

georgetown flickr

Over the next four years, Texas’ energy landscape will change dramatically. For example, throughout the 630-mile, nine-hour drive from Denton, Texas to El Paso, rolling hills will dominate the horizon and aromas from pastures and barbeque pits will waft through windows, as they have for the past hundred years. What will have a far less prominent role, however, are coal-fired power plants.

That’s because there seems to be a domino effect occurring in Texas: more and more cities are turning to affordable, renewable energy to power their needs.

Denton, Georgetown, and other Texas clean energy pioneer cities

Earlier this month, the municipal electric utility that serves Denton, a North Texas city of 130,000 people, announced plans to get an impressive 70 percent of its energy from renewable sources by 2019. That’s well above the 10 percent Texas currently receives from renewables (on average). Read More »

Also posted in Texas / Comments are closed

It’s Time to Change the Conversation about the Clean Power Plan in Texas.

texas capWhen the Environmental Protection Agency (EPA) finalized America’s Clean Power Plan in early August, it marked the first time our country has put a limit on emissions from the nation’s largest source of carbon pollution: power plants. The standards represent a huge step forward for cleaner air and all of the benefits that come along with it.

Texas leaders immediately denounced the final plan, boldly proclaiming it would have catastrophic consequences, and vowed to fight the Clean Power Plan.

But if state decision makers stop to look at the facts, they will see that the Clean Power Plan is well within our reach. In fact, Texas can get to 88 percent of the way toward compliance simply through current trends alone, as shown in our new report out today, Well Within Reach: How Texas Can Comply with and Benefit from the Clean Power Plan. And, not only is compliance achievable, the plan actually provides Texas the opportunity to use it to grow the state’s economy. Read More »

Also posted in Clean Power Plan, Energy Efficiency / Comments are closed