how does conserving energy help in economic progress
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Reduced dependence on non-renewable sources of energy: Based on current known reserves and consumption of these fuels, the following amount of each fossil fuel remains available as of 2003:
Oil: Approximately 1,000 billion barrels, enough to last 38 years
Natural Gas: Approximately 5,400 trillion cubic feet, enough to last 59 years
Coal: Approximately 1,000 billion metric tons, enough to last 245 years 2
Conservation protects national energy security by reducing our dependence on foreign sources of oil. ¹
Protects the economy and consumers from possible price fluctuations and from energy service disruptions due to natural disasters or other causes. ¹
The increasing demand for electricity and natural gas requires your utility to find new supplies of energy. Most new supply options require a great deal of money up front, which increases you utility bills. ¹
Studies show that utility or state investment in energy efficiency helps the local economy. Instead of importing natural gas and electricity supply from outside of your community, energy efficiency relies on domestic and local companies and retailers to provide energy management services and energy-saving products. ¹
Energy efficiency programs provide customers with home improvements that enhance home comfort and increase property values for homeowners and businesses. ¹
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