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Energy Efficiency Indicator Predicts Rebound in Efficiency Spending

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In one sign that the US economy may be rebounding, a new survey found that planned investment in energy efficiency is expected to rebound in 2010.  The results were released as part of the fourth annual Energy Efficiency Indicator (EEI), which tracks energy management priorities, practices and investment plans among decision makers responsible for commercial buildings and their energy use.  The survey is conducted by Johnson Controls and the International Facility Management Association.

More than 1,400 North American executives and managers were surveyed for the EEI. Among the highlights:

  • 52 percent (up from 46 percent) are planning to make capital investments in energy efficiency.
  • 60 percent (up from 55 percent) are planning to make operating budget expenditures in efficiency programs over the next 12 months.
  • 38 percent said the largest barrier to making energy efficiency investments is limited capital availability.
  • 65 percent say they are paying more attention to energy efficiency than they did one year ago. Why? The most important factor influencing energy efficiency decisions is energy cost savings. 97 percent rated it significant. The next most important factors influencing energy efficiency decisions are enhanced public image (63 percent) and reducing greenhouse gas emissions (62 percent).
  • 75 percent believe significant legislation mandating energy efficiency and/or carbon reduction is likely within the next two years, compared to 85 percent in 2009 and 76 percent in 2008.

"Interestingly, despite a slight drop in expectations for climate legislation this year, more organizations are setting voluntary carbon reduction goals," said Clay Nesler, vice president, Global Energy and Sustainability, Johnson Controls. "Organizations are using a variety of strategies to meet these commitments, but the vast majority identify energy efficiency in buildings as their top climate strategy."

To access the 2010 Energy Efficiency Indicator results, click here.

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