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Two States Extend Long-term Energy Efficiency Targets


This coming spring,2018, two western states are likely to decide on efforts that would yield dramatic energy savings, more jobs, and cleaner air. Legislators in Colorado and Nevada are weighing whether to improve and extend long-term energy efficiency targets.

Colorado's energy efficiency targets have been in place since 2006 but are slated to expire in 2018. Last week the Colorado House passed a bill extending these savings goals for electric utilities through 2028.The Senate Agriculture, Natural Resources, and Energy Committee will likely take up the bill later this week. Since states with energy efficiency targets in place are saving substantially more energy than states without them, codifying a ten-year efficiency strategy would have big impacts. Passage would mean regulatory certainty for Colorado's investor-owned utilities and long-term bill savings for residents and businesses...

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