The RGGI states issue CO2 allowances which are distributed almost entirely through regional auctions, resulting in proceeds for reinvestment in strategic energy and consumer programs. Programs funded with RGGI investments have spanned a wide range of consumers, providing benefits and improvements to private homes, local businesses, low-income housing, industrial facilities, community buildings, retail customers, and more.
Released in September 2016, The Investment of RGGI Proceeds through 2014 report tracks the investment of the RGGI proceeds and the benefits of these investments throughout the region. The report estimates a return of $4.67 billion in lifetime energy bill savings to 4.6 million participating households and 21,400 businesses. A brief Fact Sheet summarizes the findings of the report, and State Pages show individual programs and investments in each RGGI state.
More than $1.3 billion in RGGI auction proceeds were invested in programs including energy efficiency, clean and renewable energy, greenhouse gas abatement, and direct bill assistance. Energy efficiency and clean and renewable energy continued to receive the largest share of investments.