Archive for the ‘Costs and Payback’ Category

U.S. Utilities Increase Energy Efficiency Programs 43% to $5.3B

Thursday, April 8th, 2010

U.S. utilities spent 43 percent more on energy-efficiency programs in 2009, according to a new report from the nonprofit Consortium for Energy Efficiency (CEE), which represents energy efficiency program administrators in the United States and Canada.

U.S. businesses took a share of the $5.3 billion in utility energy efficiency programs, which included $4.4 billion for electric energy efficiency programs, up 38 percent from the previous year, and $930 million for natural gas programs, up by 79 percent. Electric energy-efficiency programs focus on commercial and industrial facilities, while natural gas programs more often target residential customers.

Utility energy efficiency programs also expanded geographically with programs now offered in 46 states, compared to only 37 states in 2008.

Check out rebates incentives for commercial / industrial / warehouse facilities:

Implementing energy efficiency programs are cheaper for utilities and their customers rather than adding new sources of electricity, according to an ACEEE report released last year. The report found that the average cost per kilowatt hour (kWh) of energy efficiency is about 2.5 cents, compared to 7 to 15 cents per kWh for adding new energy generation.

Another report from ACEEE last year estimates that the federal energy-efficiency target for reducing electricity and gas usage could result in utility bill savings of $168.6 billion for consumers and businesses.

Source

How Much Can YOU Save?

Monday, November 16th, 2009

Are you wondering how much your company can save by upgrading your lighting? Well now you can find out by simply filling out our Feasibilitiy Survey for FREE! Just answer a few quick questions about your facility and one of our team members will contact you in 1 business day with a customized response. Now you’ll be better informed about the potential savings your company can enjoy by upgrading to energy efficient lighting. Also see our Energy Savings Calculator for a quick assessment on how much money you can save and how much you can reduce your carbon footprint. If you have any other questions at all, please don’t hesitate to contact us under the resources tab.

Saving Energy Actually Increases Sales

Tuesday, September 22nd, 2009

According to Context Marketing and Noesis Research’s recent study, “Brand Virtue as a Competitive Asset,” three out of four consumers report they are willing to pay more for brands they see as behaving responsibly. Of those willing to pay more, around 40 percent said they would pay as much as 10 percent more, and another 30 percent say they are willing to pay a premium higher than 10 percent. Bob Kenney, Context Marketing principal commented “Today`s consumers increasingly expect brands and companies to help change the world, even if only in small ways.”

One of the easiest and most cost-effective routes to social responsibility is updating out-of-date lighting systems. According to the Energy Cost Savings Council, energy–efficient lighting projects pay for themselves in just 2.2 years and generate an average 45% return on investment. Yet, 80% of existing commercial buildings operate lighting systems installed before 1986. And now it’s been documented that sales will increase, too.

Interested in increasing sales by updating out-of-date lighting, read our lighting retrofit guidelines.

Also, a complete copy of the study, “Brand Virtue as a Competitive Asset,” is available at www.contextmarketing.com.

Saving Energy Should NOT Be A Secret

Monday, September 21st, 2009

Facilitiesnet.com reports that many companies, schools and developers literally greet occupants with energy savings statistics. In-lobby dashboards hooked to building metering systems show real-time energy and carbon emissions data. The dashboards also show energy saved by particular energy efficiency technologies like a lighting upgrade. The information is just as simple to include on website for remote users (customers, shareholders, press, etc ) to see what exactly is going on at a building at any given time.

We all know energy savings is too important to postpone. Or keep a secret.

A Penny Saved is TWENTY Earned

Wednesday, August 26th, 2009

According to Energy Star for Healthcare, every dollar a non-profit health care organization saves on energy has the equivalent impact on the bottom line as increasing revenue by $20. For-profit hospitals can boost earnings per share by a penny if they reduce energy costs by 5 percent. Yet, the U.S. Department of Energy reports that 80% of existing commercial buildings operate lighting systems installed before 1986. Our Energy Savings Calculator will show you how much money you will save by replacing outdated lighting.

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