Energy Conservation: Benefits

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

Encyclopedia of Environmental Management

Print publication date:  December  2012
Online publication date:  December  2012

Print ISBN: 9781439829271
eBook ISBN: 9781351235860
Adobe ISBN:

10.1081/E-EEM-120044952

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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 non-utility 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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