The Business Energy Edge

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Renewables as Electricity Sources on the Rise in the U.S.

Wondering how your state stacks up against the rest of the country when it comes to electricity generation? See the resources the U.S. has used to produce electricity over the past 25 years. For example, did you know that Washington D.C.’s electricity was generated using 100% oil and other sources from 1990-2010? In 2013, the state’s primary fuel source for electricity generation switched to natural gas.

Interestingly, in 2005, zero states used renewables to produce more than 10% of their electricity. In 2015, that number jumped to 11 states.

Check out the animated graphic to learn more about a state-by-state comparison on Energy Digital.

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Internet of Things: Connecting Energy Devices Saves Money and is More Efficient

The Internet of Things (IoT) has enhanced the way in which a variety of industries operate, from healthcare to food service. That’s because with the click of a button, all devices are linked to help businesses (and homeowners) keep closer tabs on the systems that keep their facilities (and homes) operating smoothly.

Projected savings using connected devices can be significant, too. For example, the American Society for Quality reported the following gains based on a survey of manufacturers using such devices: 89% increase in efficiency; 49% fewer product defects; and 45% increase in customer satisfaction. Such successes are not limited to large companies – small businesses can experience gains, too.

Read more on Energy Digital.

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Push for More Demand Response Could Mean Big Savings for Energy Customers

Based on an evaluation by Navigant of energy customers in Illinois and Massachusetts, each dollar spent on cutting peak demand could save energy consumers between $2 and $3. These savings are particularly valuable when you consider the fact that peak demand times are often recognized as being the most expensive and dirtiest periods of energy generation.

While there is a push underway to institute demand response mandates, experts encourage states to institute standards today to help reduce periods of peak demand.

Learn more by reading the full story on Utility Dive.

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Keep a pulse on what’s happening in the energy industry. Learn more in this week’s Market Commentary.
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  • Natural gas generates approximately 25% of the total electricity in the U.S.
  • An ENERGY STAR-labeled computer uses 30%-60% less electricity than computers without ENERGY STAR.
  • Replacing 15 inefficient incandescent lightbulbs in your business could save about $50/year.
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