A recent survey conducted by the Institute For Building Efficiency showed that while interest in energy efficiency is increasing among building owners, energy cost savings remain the driving factor behind organizational energy efficiency decisions.
The Energy Efficiency indicator is an annual survey of global executives and building owners responsible for energy management and investment decisions in commercial and public-sector buildings. The 2011 survey included almost 4,000 respondents across North America, Europe, India, China, Australia, Brazil and South Africa.
“The survey tracks their priorities, practices, investment plans and financial evaluation criteria to understand the projects they are implementing, the drivers of action and the barriers they face.”
Across all regions, energy cost savings was the most-sited driver for decision making.
Monetary concerns was listed as the greatest barrier to pursuing energy efficiency.
And of the financial barriers to energy efficiency, a lack of internal budget was the biggest.
Since about 40% of electricity costs in typical commercial buildings can be attributed to lighting, it is not surprising the data shows the majority of respondents are investing in lighting improvements.
To support improvements and mitigate cost concerns, lighting retrofit calculators are often used to forecast ROI calculations prior to making investments in energy efficient lighting fixtures.
Read the 2011 Energy Efficiency Indicator (PDF) for the full survey findings. All graphs © Institute for Building Efficiency.
- Economics Driving Solar Panel Installation in Australia
- UN Report: Renewable Energy Costs To Drop
- Sears Canada Bans Inefficient Lighting, Moves to LEDs
- Packaging World Reports on Sustainability Survey
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.