Climate Week NYC 2025
At Climate Week NYC 2025, the Alliance to Save Energy and the Business Council for Sustainable Energy unveiled a U.S. Business Letter in support of doubling global energy efficiency.
Representing Maine's business community, ClimateWork Maine joined 150+ businesses in support of doubling the global rate of energy efficiency improvements by 2030.
“Energy efficiency is the cornerstone of effective global energy policy. Energy efficiency programs that are well-funded and provide the right mix of investment in residential, business, and industrial improvements can be very successful at reducing both energy costs and consumption. Doubling global energy efficiency will power a growing market for energy efficiency upgrades that benefit buildings, homeowners, and renters while reducing carbon dioxide emissions and other air pollution.”
Jeff Marks, Executive Director, ClimateWork Maine
The International Energy Agency predicts that doubling the global rate of energy efficiency improvements will lower energy bills in advanced economies by 1/3, create 4.5 million new jobs, and meet 40% of the emissions reductions required by the Paris Agreement. Plus, increased efficiency will meet growing energy demand, improve grid resilience, and increase energy security.
In Maine, the Efficiency Maine Trust administers energy efficiency programs for low-income, residential, commercial, and industrial participants. Under Efficiency Maine's new Triennial Plan VI, its programs will result in the following:
38,000 homes heated entirely with heat pumps (including 6,500 low-income homes)
9,900 homes weatherized
137 megawatts of summer peak grid-load reductions by 2028
A typical Maine home heated entirely with heat pumps will save, on average, more than $600 per year on their heating bill
Statewide, Maine homeowners and businesses are expected to save more than 35 million gallons of heating oil over the lifetime of the energy improvements that are installed
More efficient use of the grid resulting from beneficial electrification of heating and transportation will suppress electricity rates by more than $490 million over the long term.
