THE COST OF THE EPA EMISSIONS CUTS

First-Of-Its-Kind Report Ranks U.S. Electric Utility Companies’ Renewable Energy, Energy Efficiency Performance; Xcel Energy, Edison International, Sempra Energy, Northeast Utilities, PG&E Rank High; Dominion Resources, Southern Company, SCANA Rank Low

July 24, 2014 (Ceres)

"…[A] new report from Ceres and Clean Edge [that] ranks the nation’s largest electric utilities and their local subsidiaries on their renewable energy sales and energy efficiency savings…found that many utilities are deploying lower carbon fuel sources and that state policies are a key driver in that performance, but there is variability in performance even among utilities operating in the same states…[Benchmarking Utility Clean Energy] ranks the 32 largest electric utility holding companies, which collectively account for about 68 percent of 2012 U.S. retail electricity sales, on three clean energy indicators…NV Energy, Xcel, PG&E, Sempra, and Edison International were found to rank the highest for renewable energy sales, with renewable resources accounting for nearly 17 to 21 percent of their retail electricity sales in 2012. Southern Company, SCANA, Dominion, AES, and Entergy ranked at the bottom, with renewable energy sales accounting for less than two percent of each company’s total power sales…Energy efficiency top performers among holding companies included PG&E, Edison International, and Northeast Utilities, whose cumulative annual energy efficiency savings were equivalent to 16 to 17 percent of their annual retail electric sales in 2012. PSEG, SCANA, Pepco Holdings, Dominion Resources, and Entergy ranked at the bottom, with cumulative annual energy efficiency savings accounting for less than one percent…” click here for more

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