Washington, DC, U.S.A. --- (METERING.COM) --- November 3, 2006 – The first annual Partnership for Home Energy Efficiency (PHEE) report reveals that the energy efficiency of more than 325,000 homes and apartment units across the U.S. was improved through better building techniques and energy efficiency improvements. This has saved consumers close to $150 million in 2005.
The report says that an additional $1 billion in utility bill savings was achieved by homeowners through the purchase of more energy efficient products and appliances. Americans spend over $160 billion a year to heat, cool, light and live in their homes. Homes account for some 21 per cent of U.S. energy and consume a significant amount of electricity and natural gas, contributing about 17 per cent of national emissions of greenhouse gases.
The PHEE report says that while homes are becoming more efficient, more can be done. Many households could save 20-30 per cent on their energy bills through home improvements, such as buying more energy efficient products and appliances and adding insulation.
PHEE was created in 2005 to help American homeowners improve the energy efficiency of their homes, save money and help address the rising costs of energy.