Written by Submitted Wednesday, 18 July 2012 08:37
The Scottsboro Electric Power Board is now taking part in a new program being offered by TVA to save customers money on their electric bills and reduce peak demands on the Tennessee Valley’s power system. The Energy Efficiency and Demand Response Program (EEDR) will enable electric consumers to evaluate their usage and have options to reduce their usage. This will help users reduce their monthly electric bills. Additionally, TVA is working with its distributing customers, like Scottsboro Electric Power Board, to reduce power demands during peak times.
The cost of building new power plants is very expensive, TVA has found that the cheapest option for lowering cost is to reduce demand. They have set a goal to reduce energy usage by 3.5 percent by 2012, which is enough to avoid building two new power plants.
By participating in TVA’s EEDR programs SEPB will also make a positive impact on the environment. The program helps reduce 19,600,000 tons of carbon dioxide, which is the equivalent amount that is given off by 350,000 cars.
TVA estimates that over the next 20 years a comprehensive implementation of the TVA EEDR program can save $3.2 billion. Those savings for local power distributors like SEPB will include $120 million in fuel costs, wholesale demand cost reduction and greater customer satisfaction by the year 2015. By the year 2020 SEPB customers may be able to enjoy $350 million in annual savings and better control and awareness of energy use. Over time, TVA estimates that these EEDR savings will create over 2,000 full-time jobs.
SEPB General Manager Jimmy Sandlin said “SEPB is excited about the possibilities regarding our Energy Efficiency and Demand Response programs in partnership with TVA. We will be working with our residential customers over the next few years to identify ways our customers can save money on their monthly electric bills, and finding ways we can reduce our wholesale cost of power.”
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