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Small steps create big savings for buildings owners

July 16, 2013

Small steps create big savings for buildings owners

It doesn’t take much for building owners to enjoy savings from energy efficiency, as non-profit Carbon War Room explains in a report. However, despite the potential, many private building owners miss out on the financial rewards of readily available technology.

The white paper, “Raising the Roof: How to Create Climate Wealth Through Energy Efficiency,” says misinformation and a lack of understanding are just a few reasons why building owners leave easy money on the table. That’s according to research gathered from 30 municipalities, from Chicago, to Wellington, New Zealand, over 30 months.

Yet with key steps, buildings can slash their energy use by 80 percent, cutting more than $78 billion per year from the electricity bills of American consumers and businesses. The report provides building owners and city sustainability officers with fine points about harnessing technology, finance and policy.

The Carbon War Room’s research included examining energy systems that worked and the needed improvements; looking at cities’ energy benchmarks to gauge whether they’ve helped in savings; using software to track the energy output of municipalities studied; and gathering feedback on the hurdles and opportunities of launching energy plans.

Read more at GreenBiz.

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