The U.S. has always relied heavily on fossil fuels – such as natural gas, oil and coal – for energy production. But the trend is now changing, due to many clean energy initiatives at the state level. The production of renewable energy resources keeps increasing, with state leaders across the nation pushing for clean energy technologies.
Eighteen percent of all electricity in the United States was produced by renewable sources in 2017, including solar, wind, and hydroelectric dams. That’s up from 15% in 2016, with the shift driven by new solar and wind projects, the end of droughts in the West, and a dip in the share of natural gas generation.
Energy efficiency (EE), broadly defined, means using less energy to provide the same, or often superior, energy services. EE is most commonly thought of as technologies that reduce energy use relative to traditional technologies, such as LED lighting and high efficiency appliances and heating and cooling equipment.
According to a new report from the Federal Reserve Board, four in ten Americans are unable to cover a $400 unexpected emergency expense and “would cover it by selling something or borrowing money.” These results are an improvement from the 2013 Economic Well-Being of U.S. Households report conducted by the Federal Reserve Board, who at the time found that half of adults were unable to cover such an expense. Although the number has been improving slightly each year, many still struggle to put money aside for emergencies. A 2018 HomeServe Biannual State of the Home survey found that 18% of American homeowners have no money set aside for an emergency home repair.
When a home repair emergency arises, the first thing a homeowner does is turn to their utility provide for guidance and assistance. To find out how HomeServe can help improve your customer engagement and protect your customers when faced with a hefty repair bill, contact us.