Economic Impact Analysis of the Energy Conservation and Optimization (ECO) Program 2018-2023

CARD Webinar

Oct. 28 | 11 a.m. to noon

Host
MN Department of Commerce
Event Description

All Sectors

Join us to uncover the important economic benefits generated by Minnesota’s statewide ECO program. This study reveals how investments made from 2018-2023 have significantly boosted the state economy by creating jobs, increasing the labor force, and enhancing overall economic activity. Discover the long-lasting energy savings for participants and the benefits from reducing harmful emissions through 2048. The Cadmus Group will present findings from their comprehensive economic impact analysis and cost-effectiveness analysis, detailing net impacts on employment, labor force, economic activity, and disposable personal income. These impacts will be broken down by utility type (investor-owned, municipal, cooperative), ECO program fuel type (gas and electric), and income qualification (low-income and standard programs). Learn how these vital findings will inform ongoing and future ECO planning and development.

Conservation Applied Research and Development (CARD) projects aim to uncover new technologies and strategies to maximize energy savings, enhance energy conservation programs, and document CO2 reductions. The results from CARD research provide utilities with timely information to improve energy-efficiency program designs within their Energy Conservation and Optimization (ECO) portfolios. Many CARD webinars can be viewed: https://www.youtube.com/playlist?list=PLobJC0u01rYrGHyvYLu1ujRPK7-sAbxiK

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