-- Rep. Chris Quinn (R-Delaware) has introduced legislation to allow public utilities to make greater investments in energy efficiency measures. House Bill 2662
would lift an artificial cap that prohibits public utilities from investing more than 2 percent of revenues into energy efficiency initiatives.
“By permitting a higher level of investment in energy efficiency programs and incentives, my bill would help consumers, the ever-growing energy conservation industry and the environment,” said Quinn. “Having an artificial cap on these investments makes no sense. We must free utilities to make whatever investments they see fit to improve energy efficiency.”
Quinn said that the energy efficiency sector of the economy is growing rapidly, and its growth must be fostered through commonsense legislation. According to a report by Environmental Entrepreneurs, a national, nonpartisan group of business leaders and investors who advocate for energy policies good for the economy and environment, Pennsylvania has over 9,000 energy efficiency businesses and employs more than 65,000 workers in energy efficiency jobs.
“This sector of our economy allows both business owners and homeowners to save money on their energy bills, freeing up investment in other areas,” Quinn said. “When a business spends less on energy, the savings can be used to hire new employees, provide better pay to its existing workforce or invest in new products. This helps everyone in our state’s economy.”
The introduction of Quinn’s bill coincides with National Energy Efficiency Day, Friday, Oct. 5.
Representative Chris Quinn
Pennsylvania House of Representatives
Media Contact: Donna Pinkham