The Energy Efficiency Gap

The Energy Efficiency Gap refers to the difference between the potential energy savings from adopting more efficient technologies and the actual savings people or businesses achieve. Often, individuals or organizations don’t adopt these measures even when they would save money in the long run. This gap exists due to factors like upfront costs, uncertainty about savings, or lack of awareness. Understanding this gap helps policymakers and companies find ways to encourage more efficient energy use, ultimately reducing costs and environmental impact.