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 how energy efficiency can generate huge earnings.
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