They say that knowledge is power, but when it comes to knowing how much electricity their home is using, most consumers are in the dark. In fact, the typical homeowner – on average – spends about 6 minutes per year interacting with his or her electric utility. Because of that, they’re missing out on opportunities to save some energy – and money. That’s beginning to change, however. A year ago, the White House laid down a challenge to the nation’s electric utilities: make it easy and fun for consumers to learn how much electricity they’re using in their home. A new report by IEE, an institute of the Edison Foundation, finds that they’re succeeding.
Joining us from the Edison Foundation to discuss these improvements is Lisa Wood. Lisa Wood is the Executive Director of IEE, an Institute of The Edison Foundation focused on Innovation, Electricity, and Efficiency. IEE works with the electric utility industry and the regulatory community to advance electricity innovation, new technologies, energy efficiency, and customer-side solutions.
Wood is an Adjunct Professor at Georgetown University where she teaches Energy in a Low Carbon World and is a Fellow in the Energy Security Initiative at the Brookings Institution. She holds a Ph.D. in Public Policy and Management from the Wharton School of the University of Pennsylvania and an M.A. from the University of Pennsylvania.