Through the DOE’s Building Energy Codes Program (BECP), every dollar the DOE has spent on building energy codes over the past two decades has resulted in $400 in energy cost savings, according to a new report.
Cumulative full-fuel cycle, or FFC, energy savings from 1992 to 2012 are estimated to be approximately 4.8 quads and cost savings to consumers have been more than $44 billion.
These savings have resulted primarily from the program’s activities which upgrade the model energy codes, accelerate their adoption by states and localities, and improve code compliance by means of various software tools, and other types of training and technical support.
The federal budgetary cost of the program over this same period (1992-2012) was estimated to be around $110 million.
To view the full report, visit www.fiercemarkets.com.