Energy efficiency benefits don’t stop with savings on your utility bills. According to a recent report from The American Council for an Energy-Efficient Economy (ACEEE) “Recognizing the Value of Energy Efficiency’s Multiple Benefits,” a variety of business types reported secondary benefits that included reduced maintenance materials costs, avoided procurement costs, and reductions in concurrent facility expenses (electricity demand, water consumption, maintenance, labor, and regulatory compliance costs). Other benefits include some combination of operations and maintenance savings, enhanced productivity, higher product quality, improved work environment, improved capital value, risk abatement, and more. One study described the value of multiple benefits as 44% of industrial energy savings, while another indicated 122%. Various forms of tax relief are potentially valuable benefits, but they are grossly underutilized even when businesses make energy improvements. Why? Internal communication issues.
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