Open Access2007 Status Report: Savings Estimates for the ENERGY STAR(R)VoluntaryLabeling Program
Author(s) -
Marla Sanchez,
Carrie A Webber,
Richard E. Brown,
Gregory Homan
Publication year - 2007
Language(s) - English
Resource type - Reports
DOI - 10.2172/910581
Subject(s) - liberian dollar , market penetration , star (game theory) , environmental economics , environmental science , business , economics , finance , marketing , mathematical analysis , mathematics
ENERGY STAR(R) is a voluntary labeling program designed toidentify and promote energy-efficient products, buildings and practices.Operated jointly by the Environmental Protection Agency (EPA) and theU.S. Department of Energy (DOE), ENERGY STAR labels exist for more thanthirty products, spanning office equipment, residential heating andcooling equipment, commercial and residential lighting, home electronics,and major appliances. This report presents savings estimates for a subsetof ENERGY STAR labeled products. We present estimates of the energy,dollar and carbon savings achieved by the program in the year 2006, whatwe expect in 2007, and provide savings forecasts for two marketpenetration scenarios for the periods 2007 to 2015 and 2007 to 2025. Thetarget market penetration forecast represents our best estimate of futureENERGY STAR savings. It is based on realistic market penetration goalsfor each of the products. We also provide a forecast under the assumptionof 100 percent market penetration; that is, we assume that all purchasersbuy ENERGY STAR-compliant products instead of standard efficiencyproducts throughout the analysis period