Call for efficiency widens in utility sector
By Steve Gelsi, MarketWatch
Last update: 9:51 p.m. EDT July 10, 2008NEW YORK (MarketWatch) -- It's rare in the history of American business for an industry to discourage people from buying more of its own product, but that's exactly what giant utility companies are doing with their customers nowadays.
Up against skyrocketing costs of power plants, fuel to generate electricity and an already burdened infrastructure, U.S. power providers are throwing the switch on efficiency to curb the need for pricey new power plants, power lines and substations.
"There are major changes coming," Thomas Kuhn, president of the Edison Electric Institute trade group said at a press briefing Thursday. "Electric companies want to re-invent the role that energy efficiency plays within our industry. We want to turn energy efficiency to a primary focus."
more ... Call for efficiency widens in utility sector
Friday, July 11, 2008
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