National Grid helps Massachusetts net $1 billion in energy savings

Massachusetts has been able to save nearly $1 billion in energy costs over the past year thanks to efficiency programs made by National Grid, the electricity and gas utility company that services the New England region. In an official statement released on September 4, the company announced that its investment into these green initiatives over a 12-month period helped electricity consumers save over 424,000 megawatts of power, the equivalent of what 55,000 homes would consume in a year. Gas customers also reported significant savings, with 14.5 million therms of heat conserved – an amount that could fuel 9,000 homes for a year.

"For more than 25 years, National Grid has been offering innovative energy efficiency services that enable our customers to realize increased value from their energy use," Marcy Reed, National Grid Massachusetts president, said in the press statement. "This year, we are building on the success of last year's energy efficiency programs and making good progress toward helping residential and business customers see even more savings and benefits during 2013."

The National Grid efficiency programs enrolled over 1.3 million customers and resulted in significant amounts of savings for energy expenditures, water conservation and general maintenance and operating costs. 

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