New Commercial HVAC Efficiency Standards to Save More Than Any in History
Businesses expected to save $167 billion on their utility bills
WASHINGTON — The U.S. Department of Energy (DOE) has announced new energy efficiency standards for commercial air conditioners and commercial warm air furnaces that DOE said will save more energy than any other standard issued to date. Over the lifetime of the products, it is estimated that businesses will save $167 billion on their utility bills and carbon pollution will be reduced by 885 million metric tons.
This announcement “marks the largest energy-saving standard in history and demonstrates that America is leading the effort to reduce energy costs and cut carbon emissions,” said Energy Secretary Ernest Moniz. “This rule also shows that strong public-private partnerships can reap environmental and economic dividends and drive technology breakthroughs. These standards are a direct result of the Energy Department’s negotiated rulemaking process which brings diverse stakeholders to the negotiating table and supports industry innovation, demonstrating how government and business can work together to meet U.S. carbon reduction goals.”