Cape Light Compact Files Historic Term Report on 2013-2015 Energy Efficiency Activities

Barnstable, MA – Cape Light Compact (Compact) will save electric customers over 1,407,000 Megawatt-Hours (MWh) of electricity through energy efficiency measures it installed during the 2013-2015 Energy Efficiency Plan. This is enough to power approximately 146,000 homes for one year and produce carbon offsets equivalent to planting 133,000 trees. This information is contained in the Compact’s term report on energy efficiency activities for calendar years 2013-2015 filed with the Massachusetts Department of Energy Resources and the Massachusetts Department of Public Utilities on August 1st.

Cape Light Compact concluded the final year of its second three-year energy efficiency plan with historic results. The Compact, along with other Massachusetts Program Administrators, was able to attain significant levels of energy savings, while maintaining budgetary control and complying with the directive of the Green Communities Act (GCA) to seek all cost-effective energy efficiency opportunities.

“There is a reason why Massachusetts has been named number one in the nation by the American Council for an Energy Efficient Economy (ACEEE) for energy efficiency efforts for five years in a row,” states Maggie Downey, Cape Light Compact Administrator. “The Compact has worked hard in exceeding its three-year goals by translating over $100 million in costs into more than $398 million in savings and benefits for ratepayers on Cape Cod and Martha’s Vineyard.”

2013-2015 Term Report Highlights:

  • In 2015, Cape Light Compact achieved the greatest amount of energy savings, for a single program year, in its history and surpassed the lifetime MWh savings goals in each of the three customer sectors.
  • Cape Light Compact’s Energy Efficiency Programs re-invested over $100 million in cost-effective energy saving measures in homes and businesses on Cape Cod and Martha’s Vineyard in 2013-2015.
  • Approximately 45,000 Cape Cod and Martha’s Vineyard residents and businesses took advantage of Cape Light Compact’s Energy Efficiency Programs.
  • 2013-2015 Program participants will experience more than $275 million in benefits over the life of the measures installed. These benefits come in the form of: lower electric bills, reduced carbon emissions and deliverable fuel savings.
  • Completion of the LED streetlight initiative which converted over 15,500 streetlights from high pressure sodium to LED fixtures. This projected is expected to save over $800,000 in maintenance and energy costs and over 3 million kWh annually for the participating municipalities.
  • For the twelfth year in a row, the Compact was proud to have our schools recognized by the National Energy Education Development Project (“NEED) and MA DOER for their outstanding work in energy education outreach to their communities.

The full report is available for review on the Cape Light Compact website at the following link: www.capelightcompact.org/reports under Annual Reports on Energy Efficiency Activities.

“From July 2001 through December 2015, the Cape Light Compact has administered over $202 million in rate payer funded energy efficiency services to the residents, businesses and municipalities of Cape Cod and Martha’s Vineyard which has resulted in over $800 million in total benefits for participants,” states Downey. “Since all electric customers pay for these programs, the best return on your investment is for customers to participate.”

About Cape Light Compact

Cape Light Compact is an award-winning energy services organization operated by the 21 towns and two counties on Cape Cod and Martha’s Vineyard. The Compact’s mission is to serve its 200,000 customers through the delivery of proven energy efficiency programs, effective consumer advocacy, competitive electricity supply and green power options. For more information, visit www.capelightcompact.orgor call 1-800-797-6699.

 

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