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Energy Efficiency is PRO Business
Courtesy of Sustainable Business Consulting (SBC)
There is a lot of current debate about whether the State of WA should require utilities to make greater investments in energy efficiency.
This has caused some waves within the business community which has legitimate concerns about energy prices and is usually in opposition to government mandates and.
Although not proven, the common belief amongst businesses is that laws requiring investments in energy efficiency by utilities, while potentially beneficial in the long-term, may increase energy costs in the short-term.
This argument misses two key facts. 1) Energy efficiency is the absolute cheapest source of new power. 2) WA State’s competitive advantage over the last 40 years afforded to it by low-cost energy is declining.
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