Our homes, businesses and factories account for more than 70 percent of the energy we consume, and we need to invest in energy efficiency in the residential, commercial, and industrial sectors to improve . competitiveness, lower electricity bills, and protect our environment. This is why the President has laid out a bold vision for sparking a new home-grown industry in making our homes, buildings, and factories more energy efficient. The President’s plan lays a foundation for the private sector to dramatically scale up investments and reap the enormous benefits that come with greater energy efficiency. Because.