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Environment Illinois highlighted Sieben Energy Associates in their “Saving Energy Growing Jobs” report , which was released today. The report describes SEA’s history and the growth of the energy efficiency industry in Illinois stating how “customers who wouldn’t have considered paying for an energy audit in 1990 now actively seek [SEA] out.”   It makes special note of our recent partnership with the Metropolitan Chicago Healthcare Council (MCHC), working with hospitals to tackle their specific sustainability and energy efficiency challenges. The partnership with MCHC demonstrates the increase in public and private awareness of energy efficiency, and the role that SEA has played in that development. Visit the Environment Illinois Website to read the entire report that includes the SEA case study.

Most organizations continue to develop energy initiatives based upon tactical decisions and focusing on immediate concerns, rather than recognizing energy management as a strategic opportunity. Decisions concerning energy focus primarily on operating cost management. The utility bill represents a recurring monthly cost, a budget line item that fluctuates up and down over the course of the year, or compared to prior years (with all the focus associated when the cost goes up). The very fact that energy is predominately viewed as a cost and not an “input” to the operation of an enterprise pushes it to the margins of management planning.  Dissecting energy into its many parts offers an extraordinary opportunity to impact the enterprise at almost all stakeholder levels.  Energy costs are a function of its metered usage—most commonly, kilowatt-hours of electricity and therms of natural gas. Fifty years ago, metered energy was a cheap and plentiful domestic resource and its impact on the environment, nati ...

The Pew Center on Global Climate Change held an energy efficiency conference in Chicago on April 6 and 7. This year it was entitled From Shop Floor to Top Floor: Best Business Practices in Energy Efficiency and coincided with their release of a report on the best practices in corporate energy efficency. Interesting keynote and luncheon speakers ranging from Suzanne Malec-McKenna, the City of Chicago’s Commissioner of its Department of Environment to John Rowe, Chairman and CEO of Exelon Corporation, to former Senator John Warner, helped set the context for the conference—that the world is changing, and that fossil fuel-generated carbon emissions will surely become an economic factor within our society—with an associated cost borne by consumers.   Sustainability and environmental representatives of household name companies such as Toyota, IBM, Best Buy, PepsiCo, Johnson & Johnson, Hewlett Packard, Coca Cola and the Mars Candy described their companies’ efforts to establish and attain sustainab ...

Next week, March 3-5, the Wall Street Journal is once again hosting its premier environmental event for chief executives and policymakers "who are shaping the green business market." This year’s ECO:nomics Creating Environmental Capital Conference will be held in Santa Barbara, California at the Bacara Resort and Spa. Just a few of the many leaders who will be participating are Dr. Steven Chu (Energy Secretary), Robert A. Iger (President and CEO of The Walt Disney Company), Peter Voser (Chief Executive of Royal Dutch Shell), Michael G. Morris (Chairman, President, and CEO of American Electric Power), T. Boone Pickens (Chairman of BP Capital Management), and Amory Lovins (Chairman and Chief Scientist of the Rocky Mountain Institute). The Wall Street Journal describes the motivation for the conference as follows: At this critical moment, with prospects for a global carbon emissions regime in flux, there is an urgent need for new answers. Corporate CEOs and entrepreneurs alike must alter their strategies to a ...

The U.S. will agree to carbon cuts during the upcoming Copenhagen summit, but will they be enough? Concern is growing over the amount of carbon that the U.S. will agree to limit in the coming years. This concern is not a one-way battle; US law makers appear weary over too high of expectations in carbon reductions while Europe and other key climate change combaters seem skeptical of the US’s non-committal stance to be an equal partner in the fight against global warming. It is widely agreed that climate change is a global issue which transcends national boundaries and dismisses domestic political debacles regardless of their seemingly weighty importance on a sustained economy. Nevertheless, limits are in the foreseeable future for the US, albeit likely lower than the limits proposed in Europe.   Just how carbon reduction targets will affect business-as-usual is somewhat unclear, but, at least in the short-run, energy efficiency provides a mechanism to improve the bottom-line while reducing the environm ...

Every business needs to optimize its energy use, particularly in a tough economy. A recent McKinsey study, “Unlocking Energy Efficiency in the U.S. Economy,” concluded that energy use in all of our 100 million buildings can be reduced by 23% through an investment of $520 billion in efficiency measures by 2020. These investments would save a combined $1.2 trillion (net present value) and prevent 1.1 gigatons of greenhouse gas emissions each year.   While this is a fascinating macro analysis, Sieben has recently completed a set of five studies for clients looking for low cost energy efficiency savings that they could immediately implement. Our engineers identified an average of 7% savings, requiring an $80,000 investment, returning $200,000 per year. On a simple return basis, these clients will earn over 200% on their investment!   Efficiency Street is a new Wall Street, with earnings that just can't be beat. Kudos to our friends at McKinsey for writing an excellent document that shows ...