Saving half of California's energy and peak power in buildings and appliances via long-range standards and other legislation

If energy and peak electric power were valued at their replacement costs, new buildings (including homes) and appliances would consume roughly half of what they do today, and old buildings would be retrofit so as to achieve similar reductions. The potentials for improved use of energy in refrigerators, homes, and stoves, and peak power shaving by storage of chilled water for air-conditioning are discussed. State legislation needed to achieve these reductions, particularly long-range standards, and the mechanisms required to make them acceptable is described.