News: Latest federal data show home energy use down because of efficiency

Yup, it’s working. Energy efficiency is driving down home energy use. So says data released this week by the US Energy Information Administration.

The January 2014 Short-Term Energy Outlook, EIA’s first detailed reveal of what it sees coming for 2015, shows residential  electricity consumption declining 1.1 percent this year and another 0.4 percent next year.

Adam Sieminski, EIA administrator, credited efficiency improvements to appliances and lighting as a factor slowing growth in electricity use.

But don’t get complacent. As the economy picks up, businesses will start using more electricity.

“While residential electricity consumption may decline because of more energy-efficient appliances and lighting, the improving economy will cause a boost in electricity use by the U.S. industrial sector, which is forecast to consume 2.2 percent more electricity this year and 2.5 percent more in 2015,” Sieminski said.

Read the full story. (Energy Efficiency Markets)