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. Government incentives came in second with 10 percent, followed by government policies and industry standards with 8 percent, executive mandate with 6 percent and brand image with 5 percent.
The majority of respondents, 63 percent, reported they had invested in energy efficiency programs in the past 12 months. Specifically, the two most common energy management practices that respondents’ organizations have adopted in the past 12 months were tracking and analyzing data (29 percent) and energy audits (also 29 percent).
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.”
Xperience Efficiency 2013 took place in the Washington D.C. area from June 4-6 and Dallas, Texas from June 18-20. A free event, it brought together customers, partners and governments to collaborate and share knowledge on how to solve energy and sustainability challenges. The event focused on the latest integrated energy and sustainability trends, and solutions that deliver energy management, energy access, and business process performance answers across the energy value chain -- impacting the future of efficiency at home, at work, across the grid and in towns and cities.
To learn more about Schneider Electric’s thought leadership in energy management and energy efficiency, visit http://www.schneider-electric.
Methodology
This survey was commissioned by Schneider Electric between June 4, 2013 and June 20, 2013 to gather feedback on energy management and energy efficiency in the North America region. It was taken by 369 people at Schneider Electric’s Xperience Efficiency events, specifically 204 people in Washington, D.C. and 165 people in Dallas. The survey included 9 multiple choice questions. Responses have been analyzed by Global Resource Optimization (GRO) in association with Text100.
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, SchneiderElectric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Building, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the company's 140,000 plus employees achieved sales of 30.8 billion US dollars (24 billion euros) in 2012, through an active commitment to help individuals and organizations make the most of their energy.
Related Stories
| Dec 28, 2014
10 essential habits of successful architects
Want to take the next step as a design processional? John Gresko, Senior Project Architect with HDR, explores the traits that many great architects possess.
| Dec 28, 2014
10 unglamorous things architects do
An acquaintance recently asked me about the kinds of things I did on a day-to-day basis at work, anticipating a response loaded with enviable activities. She was wrong, writes HDR's John Gresko.
| Dec 28, 2014
New trends in ceiling designs and materials [AIA course]
A broad array of new and improved ceiling products offers designers everything from superior acoustics and closed-loop, recycled content to eased integration with lighting systems, HVAC diffusers, fire sprinkler heads, and other overhead problems. This course describes how Building Teams are exploring ways to go beyond the treatment of ceilings as white, monolithic planes.
| Dec 27, 2014
7 ways to enhance workplace mobility
The open work environment has allowed owners to house more employees in smaller spaces, minimizing the required real estate and capital costs. But, what about all of their wireless devices?
| Dec 27, 2014
'Core-first' construction technique cuts costs, saves time on NYC high-rise project
When Plaza Construction first introduced the concept of "core first" in managing the construction of a major office building, the procedure of pouring concrete prior to erecting a steel frame had never been done in New York City.
| Dec 23, 2014
5 tech trends transforming BIM/VDC
From energy modeling on the fly to prefabrication of building systems, these advancements are potential game changers for AEC firms that are serious about building information modeling.
| Dec 22, 2014
What Building Teams can learn from home builders' travails
Commercial and residential construction can be as different as night and day. But as one who covered the housing industry for nearly a decade, I firmly believe AEC firms can learn some valuable lessons from the trials and tribulations that home builders experienced during the Great Recession, writes BD+C's John Caulfield.
| Dec 22, 2014
Skanska to build Miami’s Patricia and Phillip Frost Museum of Science
Designed by Grimshaw Architects, the 250,000-sf museum will serve as an economic engine and cultural anchor for Miami’s fast-growing urban core.
| Dec 22, 2014
Studio Gang to design Chicago’s third-tallest skyscraper
The first U.S. real-estate investment by The Wanda Group, owned by China’s richest man, will be an 88-story, 1,148-ft-tall mixed-use tower designed by Jeanne Gang.
| Dec 19, 2014
Zaha Hadid unveils dune-shaped HQ for Emirati environmental management company
Zaha Hadid Architects released designs for the new headquarters of Emirati environmental management company Bee’ah, revealing a structure that references the shape and motion of a sand dune.