Virginia Regulatory Town Hall
Department of Energy
Department of Energy
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9/16/22  3:42 pm
Commenter: Ann Creasy

Benefits of RGGI for VA Energy

RGGI provides critical funding for communities and localities

  • RGGI has generated $378 million of critical funding to support low-income energy efficiency programs and flood resilience infrastructure in Virginia.

  • Energy efficiency upgrades are the best way to lower electricity bills, and Virginia’s funds are directed to helping those households most in need.

  • Flood resilience infrastructure protects Virginians against increased flooding and extreme weather events.

RGGI results in energy cost savings

  • Electricity prices in RGGI states dropped by almost 6% as they went up by almost 9% throughout the rest of the country. RGGI is saving Virginians’ money and supporting the transition from volatile fossil fuels.

RGGI results in pollution reduction

  • RGGI states reduce climate-warming emissions 90% faster than the rest of the country - while growing 31% faster economically.

  • Since 2008, RGGI states have slashed their emissions by over 50 percent. Before RGGI, Virginia’s emissions weren’t going down.

RGGI results in improved public health

  • RGGI has significantly improved public health by transitioning away from energy generation that pollutes air and water.

  • RGGI has been working for other states for years, improving their public health by an estimated $5.7 billion.


CommentID: 128737