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04/26/2010

New Research Predicts a Rebound in Energy-Efficiency Spending

Following a decline last year, 52 percent of North American executives and managers are planning to make capital investments in energy efficiency this year

 
New Research Predicts a Rebound in Energy-Efficiency Spending

Those looking for signs that the U.S. economy is rebounding can find encouragement in the fourth annual Energy Efficiency Indicator, which was released by Johnson Controls.

A survey of more than 1,400 North American executives and managers responsible for making investments and managing energy in commercial buildings found that planned investment in energy efficiency is expected to rebound in 2010. Following a decline last year, the survey found that 52 percent (up from 46 percent) are planning to make capital investments in energy efficiency, and 60 percent are planning (up from 55 percent) to make operating budget expenditures in efficiency programs over the next 12 months. A significant number of the business leaders surveyed (38 percent), however, said that the largest barrier to making energy-efficiency investments is limited capital availability.

According to this year’s survey, 65 percent of business leaders say they are paying more attention to energy efficiency than they were 1 year ago; 84 percent of respondents say that energy efficiency is a priority for new construction and retrofit projects planned for this year.

The most important factor influencing energy-efficiency decisions is energy cost savings, with 97 percent of respondents identifying it as significant. Sixty-four percent expect energy prices to rise in 2010. Overall, the average expectation of respondents is a seven percent increase in the combined price of energy over the next 12 months.

The next most important factors influencing energy-efficiency decisions are enhanced public image (63 percent), government and utility incentives (62 percent), and reducing greenhouse-gas emissions (62 percent). This climate concern is growing in importance, up from 57 percent that considered greenhouse-gas reduction a significant factor in 2009.

Seventy-five percent of decision-makers believe that significant legislation mandating energy efficiency and/or carbon reduction is likely within the next 2 years, compared to 85 percent in 2009 and 76 percent in 2008.

When asked what specific energy-efficiency improvements have been implemented over the past 12 months, the most popular are those with low capital cost and/or a rapid return on investment. The survey shows that 72 percent switched to energy-efficient lighting; 63 percent trained facilities staff; 61 percent educated building occupants to save energy; 56 percent made set point adjustments; 40 percent installed occupancy or daylight sensors; and 33 percent upgraded building controls 

Executives were also asked this year to predict what energy-related technologies would see the greatest improvement in performance-to-price ratio over the next 10 years. The top picks were lighting (51 percent), smart building technology (44 percent), solar PV (38 percent), electric and plug-in hybrid vehicles (28 percent), and nuclear power (22 percent).

To access the Energy Efficiency Indicator press kit, visit the media center at www.johnsoncontrols.com.

 

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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.

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.


Mitsubishi Electric’s H2i R2-Series heat pumps provide 100% heating capacity down to 0° F and simultaneous heating and cooling down to -4° F delivering year-round comfort, regardless of climate zone.

 
04/16/2014

The U.S. Army plans to start development of a solar array that will provide about 25% of the annual installation electricity requirement of Fort Huachuca, Arizona.

04/15/2014

The EPA's annual greenhouse gas emissions report is now available.

04/14/2014

Are you what some would call a “climate-change denier”? If so, you'll want to read this.

04/10/2014
Los Angeles has remained the top city for ENERGY STAR certified building since 2008, while Washington, D.C. continues to hold onto second place for the fifth consecutive year, according to a new list released by the EPA.
04/09/2014
Green construction has grown massively over a short period of time.
04/07/2014
Field demonstrations of newly proven energy-efficient technologies are yielding valuable results for the U.S. Navy, helping it meet energy goals.
04/03/2014
Building owners in Chicago now have more options when it comes to getting their building energy data verified.
04/01/2014
According to a new report from Eaton, such outages are up 15% in 2013 over 2012 and over half of those surveyed believe that downtime could have been prevented.
03/31/2014
The newly revised ANSI/ASHRAE Standard 105-2014, Standard Methods of Determining, Expressing, and Comparing Building Energy Performance and Greenhouse Gas Emissions, aims to provide a consistent method of measuring, expressing, and comparing the energy performance of buildings.
03/27/2014
Facility managers face an every expanding array of sustainability choices and challenges, but for the next generation of FMs, green practices could be second nature as sustainability literacy enters the K-12 school system.
03/25/2014
While the economic recession explains the decline in sales in 2008 and 2009, it is much less clear why sales have continued to fall.
03/24/2014
University of Washington (UW) scientists have built the thinnest known LED that can be used as a source of light energy in electronics.
03/21/2014
Mississippi Governor Phil Bryant signed Senate Bill 2378 into law, effectively enacting the state’s first building code.
03/19/2014
In an attempt to improve building energy performance, the DOE’s National Renewable Energy Laboratory has released a web-based tool called the Technology Performance Exchange, or TPEx.
03/18/2014
Could green building practices pose unanticipated life-safety hazards?
03/13/2014
Worried about workplace violence in your facility? Researchers have discovered that “mindfully observing” high-risk employees can avert danger and workplace violence.
03/11/2014
Through the DOE’s Building Energy Codes Program, every dollar the DOE has spent on building energy codes over the past two decades has resulted in $400 in energy cost savings.
03/07/2014
It is possible to harvest energy from Earth's thermal infrared emission into outer space, according to new research from the Harvard School of Engineering and Applied Sciences.
03/05/2014
Is your building prepared to handle an emergency?
03/04/2014
NASCAR revealed five newly installed charging stations for employee use.
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