Yep…just knowing how your facility’s baseline stacks up against others can save you up to 5% without investing one dime. At SIS we’ve seen the power of exposing data to associates working in a factory…by just seeing that their factory still carried an electrical load of 200kW, even at shutdown, they were able to shed another 100kW by just paying a little more attention to systems that needed to be shut off.
There is a great piece in a recent Greentech Media blog that highlights a recent report from our friends at Richard Branson’s Carbon War Room. Check out the report and check out these quotes from the blog about the energy efficiency market…
The market is expected to reach more than $100 billion by 2017, more than a 50 percent increase from today, according to Pike Research. A study by IMT found that a national benchmarking and disclosure policy could reduce energy costs by approximately $18 billion by 2020.
Energy efficiency is smart business and a good investment…
IMT estimates that benchmarking could generate more than $7.8 billion in private investment in energy efficiency through 2020, yielding up to $3 in savings for every dollar invested.
While SIS firmly believes that most of our sustainability goals can be met with existing technology, under existing regulations it is always good to see local governments take energy efficiency seriously by mandating energy benchmarking…sort of like getting your car regularly inspected to maintain your license plate reregistration.
Philadelphia recently joined a growing list of states and cities to mandate energy benchmarking and disclosure for commercial buildings over 50,000 square feet.
Let’s hope this timeline is conservative!