Energy Savings Facts
Return on investment
Investing in energy efficiency and retro-commissioning your building will reduce your bottom line expenditures, increase profits and "green-up" your business.
Currently there are many low or no cost ways to reduce energy consumption and related expenditures. According to the Department of Energy (DOE) how a building is operated can save an estimated 5%-20% on energy bills without significant capital investment.
- 7%-28% energy savings can be achieved by implementing no and low cost Energy Efficiency Measures (EEMs) through changes in Operations & Maintenance.
- An additional 3.5% to 15% energy savings can be recognized through changes in occupant behavior such as instituting an energy awareness program, turning off equipment, purchasing ENERGY STAR labeled equipment, installing power management software, and using task/ambient lighting instead of general area lighting.
- Lighting is another area where building operators can achieve dramatic financial returns. The installation of current commercially available technologies often has less than a one year simple payback. Cumulative energy savings from lighting could range from 9% to 25%.
- Control devices can be calibrated and monitored to more effectively reduce energy consumption from 7.3% to 22.9%.
- Building owners and managers should also examine potential equipment changes for heating, ventilating and air conditioning systems and controls.The whole building energy savings potential for equipment changes ranges from 3.5% to 16%.
- Based on industry averages for the Northeast, an average building with 100,000 SF of space could save $8,500-$34,000 with low or no cost energy investments.
- For a 10,000 SF building, savings could range between $850 – $3400 per year.
- TCorp analyzes lifecycle investments and determines how long the investment will take to return its investment and then start saving you money.