APPENDIX
E
ESTIMATION
OF
CONSUMER
INVESTMENTS
AND
SAVINGS
UNDER
THE
HIGH
EFFICIENCY/
CARBON
LEVEL
OF
515
MMT
IN
2008
CASE
EPA
estimated
the
investment
costs
and
savings
under
the
High
Efficiency/
Carbon
Level
of
515
MMT
in
2008
case
by
using
unpublished
information
from
the
Lawrence
Berkeley
National
Laboratory
and
U.
S.
Environmental
Protection
Agency
entitled
Technology
and
Greenhouse
Gas
Emissions:
An
Integrated
Scenario
Analysis
Using
the
LBNL­
NEMS
Model,
September
1998.
This
joint
LBNL/
EPA
study
has
examined
this
option
for
lowering
greenhouse
gas
emissions.
The
information
that
EPA
used
provides
estimates
of
the
annualized
capital
investment
that
the
residential,
commercial,
and
industrial
sectors
make
to
lower
electricity
use.
The
study
also
provides
estimates
of
the
electricity
savings,
and
the
value
of
those
savings.

The
joint
LBNL/
EPA
study
showed
that
for
every
MWh
of
electricity
savings
in
2010
there
is
$
22.42
of
annualized
dollar
investment
and
$
35.36
in
annual
electricity
bill
savings
in
1990
dollars.
1
In
2010,
EPA's
analysis
showed
annual
electricity
savings
of
222
million
MWh
in
the
High
Efficiency/
Carbon
Level
of
515
MMT
in
2008
case
and
related
alternatives.
This
leads
to
an
annualized
capitalized
investment
cost
of
$
4,986
million
dollars.
There
is
estimated
electricity
bill
savings
of
$
7,864
million.

1
The
LNBL/
EPA
study
provided
results
in
1996
dollars.
EPA
converted
these
to
1990
dollars
by
using
GDP
deflators
from
the
Council
of
Economic
Advisors,
Economic
Report
of
the
President,
February
1998.
