A double pane window can increase your energy efficiency by almost 100%. Chugach, an Alaska-based power company (they probably know a thing or two about energy loss in that climate) says that:
...a single pane glazed window has an approximate R-value of 0.85, while a double pane glazed window has a value of 1.5 - 2.0, a low-e double pane glazed window has a 2.4 - 3.0 rating and a low-e double pane glazed window using an argon gas fill has a 2.7 - 3.6 R-value.
An R-value of 1 to 2 isn't great when you're talking walls and attics. Compare that to fiberglass batt insulation, which can have R-values of 19 or greater, and you begin to see how small it is. But within the world of windows, an R-value of 2 is pretty decent.
The fact remains: double pane windows are becoming more standard, even in parts of the country that aren't ordinarily thought of as having extreme climates.

