07/23/2012

Financial Factors Drive Energy Management Investment

 

U.S./Canada Energy Policies and Their Impact
COURTESY OF JOHNSON CONTROLS
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Roughly 85% of building owners and operators depend on energy management to achieve operational efficiency, a 34-point increase in the last two years, according to a global survey by technology developer Johnson Controls.

Nearly one-third of the 3,500 respondents indicated that tax credits, incentives, and rebates have the greatest impact on increasing their investments in efficiency.

However, that number jumps to 42% among the 1,139 respondents from the U.S. and Canada, where nearly 75% of commercial buildings are more than 20 years old and are likely to require significant improvements, according to Johnson Controls Building Efficiency president Dave Myers. American and Canadian respondents also named energy cost savings and enhanced brand or public image as top motivators.

Finances remain the major barrier to pursuing greater efficiency among U.S. and Canada respondents, the survey noted. A lack of funding to pay for improvements plagued 37%, followed by insufficient payback or ROI at 21%. Finance-specific barriers included competition for other capital investments (36%) and insufficient internal capital budget (30%).

Other significant findings from this year’s survey included the response to water efficiency questions. About 45% named water efficiency improvements as an energy efficiency action taken in the last 12 months, landing the category in the top three efficiency actions behind lighting improvements (78%) and HVAC and/or controls improvements (77%).

 

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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