Clean energy has become a very important contributor to New England’s energy mix. As figure above shows, ISO New England projects that energy efficiency and solar are reducing the region’s energy use by over 10,000 gigawatt hours of electricity today, growing to 25,000 gigawatt hours by 2025. Thanks to those clean resources, New England’s annual electricity use is dropping for the first time in recent memory.
Other states have found that clean energy is also spurring economic growth. After adopting a strong set of clean energy policies, Massachusetts saw the clean energy business sector skyrocket. For example, over 7,000 firms are now providing energy efficiency services in the state.
The key clean energy policies that spur economic growth include: a clear mandate; a funding commitment to support that mandate; and, most importantly, a multi-year commitment to enable companies to invest and grow.