Energy Conservation: Benefits

Authored by: Eric A. Woodroof , Wayne C. Turner , Steven D. Heinz

Managing Air Quality and Energy Systems

Print publication date:  July  2020
Online publication date:  July  2020

Print ISBN: 9781138342675
eBook ISBN: 9781003043461
Adobe ISBN:

10.1201/9781003043461-33

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Abstract

In addition to saving energy and reducing utility expenses, there are additional (often unreported) benefits from conserving energy. These financial and strategic benefits extend beyond the utility budget. These nonutility benefits contribute value worth an additional 18–50% of the energy savings, as demonstrated via a simple example. Calculations are shown on a spreadsheet, which can be downloaded for applications in your own facility. Download the spreadsheet (under the “Resources” tab) here: http://www.ProfitableGreenSolutions.com. Beyond illustrating these additional benefits, the goal of this entry is to motivate change towards saving more energy and money, while preserving more of our natural environment

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