All-Time Funding Nearly Doubled Through 2031
PARA PUBLICACIÓN INMEDIATA
September 18, 2023
Contacto de prensa:
Jackie Nuñez, Directora de Comunicación Bilingüe
(925) 695-2124 | communications@mceCleanEnergy.org
SAN RAFAEL y CONCORD, California - The California Public Utilities Commission has unanimously approved $158 million in funding for MCE’s energy efficiency initiatives through 2031. The funding nearly doubles MCE’s efficiency budget and will benefit customers, cut greenhouse gas emissions, and help support a reliable power grid.
In 2022, MCE avoided $4.58 million in system-wide energy costs and paid over $2.35 million in customer rebates.
“Over the last ten years, we’ve seen tremendous progress in helping residents and businesses make critical upgrades to save energy and reduce costs,” said MCE CEO, Dawn Weisz. “With this expanded funding, we will continue to put money back into the pockets of residents and local businesses who play a key role in helping create a modern energy grid we can all rely on.”
“Over the last ten years, we’ve seen tremendous progress in helping residents and businesses make critical upgrades to save energy and reduce costs,” said MCE CEO, Dawn Weisz. “With this expanded funding, we will continue to put money back into the pockets of residents and local businesses who play a key role in helping create a modern energy grid we can all rely on.”
The funding will:
- Provide low and no-cost upgrades to over 3,600 low- and middle-income households, giving equitable access to energy efficiency programs for all.
- Support upgrades for residents living in affordable single and multifamily properties and small businesses in underserved, low-income communities.
- Increase electrification rebates and investments for home and businesses by nearly five-times starting in 2024.
- Pay commercial, industrial, agricultural, municipal, and multifamily customers for reducing their energy use.
- Create high-quality jobs through workforce education and training in electrification, responding to a major need in the region.
MCE expects to reduce an estimated 148,000 megawatt–hours of energy consumption, equivalent to taking 23,340 gas-powered cars off the road, and provide roughly $148 million in benefits over the next eight years.
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