Consumers Saved $3.5 Billion From Set-Top Energy Agreement, Says Report
The 2012 voluntary multi-industry agreement on set-top box energy efficiency reduced annual U.S. set-top power consumption by 34 percent to 21 terawatt-hours in 2017, a reduction equaling nearly the power generated annually by four typical 500 megawatt coal-run power plants,…
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said independent auditor D+R International in a Thursday report. MVPDs, set-top box makers and energy efficiency advocates recently OK'd a four-year extension of their agreement (see 1803150057), which requires publication of the annual audit reports. In 2017 alone, the agreement saved U.S. consumers more than $1.4 billion on their energy bills and cut 8.1 million tons of CO2 emissions, said the report. For the five-year life of the agreement, cumulative energy consumption was reduced by an estimated 27.8 TWh, saving consumers about $3.5 billion on their energy bills and avoiding 20.6 million metric tons of CO2 emissions, said the report: “The energy saved during this five-year period is enough to power all homes in Los Angeles County with electricity for almost a year.”