Energy efficiency improvements, like switching out traditional incandescent lighting for more efficient bulbs, can save money for consumers, businesses, and state and local governments. While federal legislation in 2007 increased standards for light bulbs, states have also implemented loans, rebates, tax exemptions, and other incentives to encourage everyone to make the switch. More efficient lighting options include compact florescent lamps (CFLs) and light emitting diodes (LEDs).
Source: Library of Congress |
The National Conference of State Legislatures (NCSL) has compiled a table showing incentives in all 50 states and some U.S. territories. The table includes Connecticut’s state rebate program for businesses, as well as a sales tax exemption for CFLs.
Proponents of these types of incentives argue that they promote economic development, since money saved on energy bills can be spent or otherwise invested. They also note that reductions in energy demand across a utility’s service area can reduce the pressure on energy infrastructure, lowering the need to build more power plants and lines.