According to the Department of Energy (DOE), buildings and manufacturing plants account for two-thirds of carbon dioxide emissions in the United States. Recent developments will push energy efficiency forward in commercial and residential buildings. Energy-efficient buildings use less, cost less, and produce less carbon dioxide. The DOE is offering a total of $400 million in funding toward the adoption or the update of energy codes for commercial development.
U.S. Secretary of Energy, Jennifer M. Granholm said, “…this funding will ensure that states and local communities have the tools necessary to lead the way in increasing the performance and the overall health of buildings through energy codes, vastly improving infrastructure across the country and improving local communities’ health and well-being.”
Improving the infrastructure encourages companies to move to new areas which could positively impact the economy. “A transition to a clean energy economy is about more than adding clean energy to the electric grid; we also need to revitalize, and fortify, the infrastructure we have now,” says Granholm. While other companies are facing ESG implementation, PNM is offering grants to nonprofits to help with energy efficiency projects like lighting, heating and cooling, energy. How will an increase in funding for new energy codes for commercial and residential buildings impact your utility?