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30% of energy consumed in buildings is used unnecessarily or inefficiently
- Commercial
buildings account for slightly more than 30% of the energy consumption
in the U.S.
- Heating
and cooling account for 40% of a commercial building’s total
electricity bill
- Energy-efficient
renovations – such as replacement of inefficient boilers,
lighting, and other systems – can help schools save up to
30% annually
- According
to estimates from the Energy Information Administration, U.S.
energy consumption will increase by more than 25% – an amount
equal to the energy used today in California, Texas, Florida and
New York – in just two decades
- A
30% reduction in energy consumption can lower operating costs
by $25,000 annually for every 50,000-square-feet of office space
- For
every $1 invested in energy efficiency, asset value increases
by an estimated $3
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U.S. schools spend more than $6 billion annually on energy, but
could save 25% on these costs by incorporating smarter energy
practices
- The
Energy Policy Act of 2005 allows businesses to receive tax incentives
for specific energy-efficient upgrades to commercial buildings
- According
to the U.S. Department of Energy (DOE), energy use in commercial
buildings is projected to grow by 1.7% annually until 2025, slightly
faster than the projected growth rate (1.5%) for commercial floor
space
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