The benefits of cost-effective investments in energy efficiency and/or renewable energy can span the economy by lowering energy costs for consumers and businesses, increasing productivity for businesses, and creating jobs. Renewable energy resources and technologies provide a growing number of economic benefits and employment for millions of Americans. This trend is enhanced by many state and local energy efficiency and renewable energy programs and policies, generating numerous economic benefits along the way. To quantify the economic impacts of energy efficiency and renewable energy policies, the REMI model illustrated how investments spread the economic value across the broader community.
Estimating the Economic Benefits of Energy Efficiency and Renewable Energy, EPA [Full PDF]