NEMA Supports Reintroduction of energy efficiency bill.

Press Release Summary:

At an event on Capitol Hill, NEMA joined national businesses and labor and environmental organizations in welcoming reintroduction of Energy Savings and Industrial Competitiveness Act of 2013. NEMA President and CEO Evan R. Gaddis congratulated Senators Shaheen and Portman "for continuing this vital bipartisan effort" and said this proposal's significance could not be underestimated as it tackles market barriers to energy efficiency investment.

Original Press Release:

NEMA Supports Focus of Shaheen-Portman Energy Efficiency Bill

ROSSLYN, Va.—The National Electrical Manufacturers Association (NEMA) today joined a number of national businesses and labor and environmental organizations in welcoming the reintroduction of the Energy Savings and Industrial Competitiveness Act of 2013 at an event on Capitol Hill.

“I’d like to congratulate Senators Shaheen and Portman for continuing this vital bipartisan effort,” said NEMA President and CEO Evan R. Gaddis. “The significance of your proposal cannot be underestimated, because it tackles market barriers to greater investment in energy efficiency.”

Sen. Jeanne Shaheen (D-NH) and Sen. Rob Portman (R-OH) reintroduced the legislation, first introduced in 2011, to stimulate greater energy efficiency across the U.S. economy.

The nation’s electrical manufacturers support this legislation because “we believe energy efficiency is our ‘first fuel,’” Gaddis explained. “Because it’s the only one that’s 100% efficient, it’s the cleanest and greenest way to meet America’s energy needs,” he added.

NEMA members are ready to provide the practical, cost-effective solutions it will take for such a large-scale drive for industrial and national energy efficiency. The industry joins Shaheen-Portman in support of these national goals:

• Reinforcing private sector participation in a consensus-driven approach to strengthening energy standards and building codes nationwide;

• Incentivizing the nation’s industrial sector to adopt currently available technologies and processes that will speed up productivity and energy efficiency;

• Encouraging the nation’s number one energy consumer—the federal government—to lead the way by adopting a number of new programs to reduce energy consumption and build smarter;

• Creating new incentives to broaden use of commercially available products and approaches that will lower energy consumption and costs for businesses and consumers;

• Supporting public-private R&D and commercialization efforts aimed at speeding up development of next-generation energy-efficient technologies.

According to the Energy Information Agency, the combined annual energy costs for U.S. commercial buildings and industrial facilities total $202.3 billion, and more than 30 percent of the building’s energy use is inefficient or unnecessary. A modest 10 percent improvement in efficiency would save $20 billion annually.

NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Worldwide annual sales of NEMA-scope products exceed $120 billion.

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