PALATINE, Ill. — Forty-three percent of energy leaders say their investment in energy efficiency next year is projected to be more than it was last year, according to survey results released today by Schneider Electric. Twenty-two percent said their projected investment would stay the same, and 10 percent reported their investment would be less than last year.
The survey, conducted in June at Schneider Electric’s Xperience Efficiency events in Washington, D.C. and Dallas, includes responses from 369 leaders in energy efficiency from business and government sectors and was intended to provide insight into the future of energy efficiency and challenges organizations face.
“Energy efficiency is the first and best fuel source we have to meet our nation’s growing energy demands and use our energy more effectively,” said Chris Curtis, President and CEO, North America Operations, Schneider Electric. “It’s good for job creation and the environment, and allows companies to cut costs along with their consumption. With the majority of respondents reporting energy efficiency investments to be the same or more than last year, it’s clear that the benefits of energy efficiency are speaking for themselves.”
Sixty-four percent of respondents reported energy cost savings as the biggest driver impacting energy management investment decisions.
The respondents also shared their thoughts on which energy management approaches will take hold in the next five years, predicting that building automation (24 percent), efficient lighting (21 percent) and data center efficiency (16 percent) would become the most popular.
Other significant survey findings include:
- 41 percent of respondents cited tax credits or incentives as the energy policy that has had the greatest impact on improving energy efficiency in their organization.
- 60 percent of respondents said that they have someone in their organization responsible for energy management.
“While these results show good progress, we have a significant opportunity to do more,” concluded Curtis. “The U.S. currently ranks ninth in energy efficiency among the largest global economies, according to the American Council for an Energy-Efficient Economy. This is unacceptable. We have many opportunities right now — practical, tangible actions any business, government or homeowner can take — to improve efficiency with a quick return on investment and immediate results.”
To learn more about Schneider Electric’s thought leadership in energy management and energy efficiency, visit http://www.schneider-electric.us/. To view the corresponding infographic and blog post visit: http://blog.schneider-electric.com/?p=9990.
Click on the infographic below to enlarge.tED