New report shows Oregonians saved $362 million on energy bills in 2015
Energy Trust of Oregon helped 1,080 Eastern Oregon homeowners and businesses benefit from clean energy innovations
PENDLETON, Ore. — June 29, 2016 — Energy Trust of Oregon announced today its 2015 annual results, including utility bill savings of $362 million for participating customers. Energy Trust is a nonprofit helping utility customers save energy in their homes and businesses, and invest in renewable energy systems that power Oregon with clean energy.
Energy Trust exceeded its 2015 goals for electric savings, natural gas savings and renewable generation, and achieved all Oregon Public Utility Commission annual minimum performance measures, including keeping program and administrative costs low at 5.5 percent of annual revenues.
“I am proud to see us performing at our best, and delivering the cleanest, lowest-cost energy we can buy for 1.5 million utility customers,” said Margie Harris, executive director, Energy Trust.
“In 2015, Energy Trust continued its legacy of innovation, adapting to a dynamic market and creating new opportunities for customers to participate and reap lasting clean energy benefits,” said Harris. “Not only did we exceed 2015 goals, we are well on our way to meeting our aggressive 2015-2019 Strategic Plan goals.”
Working with utilities, trade ally contractors, green energy professionals and customers in 2015, Energy Trust drove adoption of advancing clean energy technologies like LEDs, engaged designers and builders in adding more efficiency and solar features to residential and commercial construction, and delivered benefits in addition to energy savings and generation — from water savings to rural economic development to environmental health.
“When customers have lower energy bills, it frees up resources that flow into the economy, expanding purchasing power and creating jobs, higher wages and new business income,” said Debbie Kitchin, president of the board of directors, Energy Trust. “Since 2002, Energy Trust has added $4.8 billion to Oregon’s economy, including $1.5 billion in wages and $266 million in small business income. Energy Trust’s investments led to employment equivalent to 3,900 jobs lasting a decade.”
Eastern Oregon residents, businesses benefited from clean energy at 1,080 locations
In 2015, Eastern Oregon customers of Pacific Power and Cascade Natural Gas invested in energy-efficient and renewable energy upgrades at 1,080 homes, businesses, manufacturers, farms and ranches:
* With Energy Trust support and incentives, Four Rivers Cultural Center in Ontario slashed maintenance costs and began saving $2,800 in annual energy use when it
installed programmable thermostats in its facility that includes a museum, conference center and classrooms for Treasure Valley Community College and Eastern Oregon University. “Adjusting thermostats now takes 20 minutes per week, freeing employees to focus on other areas of customer service,” said Lela Rogers, finance director, Four Rivers.
* Smith Frozen Foods in Weston cut annual energy costs by an estimated $59,000 with behavioral changes and no- and low-cost operations and maintenance improvements made through Energy Trust’s Strategic Energy Management initiative. “Strategic Energy Management gave us broader awareness on how we use energy,” said Vernon Hawks, plant manager, Smith Frozen Foods. “It’s amazing how much you save when you get all employees involved in questioning how you operate equipment or whether it needs to be on at a particular time.”
See detailed 2015 results and more customer stories at www.energytrust.org/annualreport.
Energy Trust of Oregon is an independent nonprofit organization guided by a non-stakeholder board of directors and dedicated to providing utility customers with affordable, clean energy solutions. Energy Trust investments accelerate economic benefits throughout Oregon and have added $4.8 billion to the state’s economy. Our work helps keep energy costs as low as possible, creates jobs and builds a sustainable energy future. Energy Trust is funded by and serves Oregon customers of Portland General Electric, Pacific Power and Cascade Natural Gas, and Oregon and Washington customers of NW Natural.