HOW DOES TEPRI MAKE AN IMPACT?
We gather actionable data through a variety of mechanisms, including:
A few important facts that drive us…
As Prices Increase, So Does Poverty
Across the U.S., electricity prices are expected to continue to increase (due to capex, regulation, etc). For every 10% increase in home energy costs, 840,000 Americans would be pushed below the poverty line.
Poverty in Texas is Forecast to Grow
The poverty rate is increasing for Texas’ minorities. The Hispanic population in Texas is expected to double by 2050.
The Energy-Poverty Nexus in Texas is Large, and Growing
Low-income households in parts of Texas pay 12%-28% of their monthly income to cover their energy needs. At the same time, Federal funding for weatherization is regressing, and State subsidies are phasing out.
The Market for Energy Savings is Large
$4 Billion can be saved yearly if each household can learn to save $150 on home energy costs over one year.
Texas Requires a New, More Reliable and Impactful Approach
TEPRI is a systemic and sustainable model intended to be a solution to help mitigate the growing energy-poverty nexus in Texas.