Become Energy Efficient to Become or Remain Profitable

Everyone knows that reducing the utilities cost center for a corporation or organization is good for the bottom line but there are several other financial benefits to reducing energy consumption.

On average a “green building” enjoys: – 30-50% reduced energy use – 35% reduced carbon emissions – 40% reduced water use – 70% reduced solid waste But what does that really mean in real value to a building owner or company in terms of value beyond lower utility costs? Following are brief facts that show the additional, verifiable benefits of “going green”. Public Relations Opportunities: Improving the efficiency of your facility: – Conserves natural resources – Reduces pollution and emissions generated via energy production – Protects ecosystems – Reduces solid waste accumulation More than that though, improving the efficiency of your facility: – Gives you the perfect opportunity to garner constructive, free publicity and press – Allows you to portray your company in a positive light – Gives your community and the world a picture of your company as a responsible corporate citizen and steward of the environment.

Significant Financial Benefits:

In addition to reducing your utility bills, “going green”:

- Reduced maintenance, replacement and production downtime costs due to greater longevity of everything from lighting systems to HVAC systems to production equipment

- Improves the asset value of your property and increases profitability

- Improves tenant attraction and retention for building owners and leads to higher premium tenants and higher end leases

- Shows the strength and astuteness of your executive management and attracts customers and investors

- Improves worker productivity and safety and reduces absenteeism and turnover via improved comfort, lighting and indoor air quality. According to the US Green Building Counsel, “green buildings” save $58 billion of sick time and add $180 billion in increased worker productivity annually.

Ultimately a go / no go decision by a company or organization regarding improving energy efficiency should be based largely on cost effectiveness measures and rate of return on the initial investment. However, it would be a mistake not to acknowledge and consider these other significant benefits of “going green” as part of the decision making process.

Tags: Carl Baer, energy edge, energy edge technologies, energy edge technologies corp, energy edge technologies corporation, Finance, John Glorioso, John J. Gerace, Kevin Corrigan, Robert Holdsworth, Sales, Scott Brown, William Poulos, William Thiessen

Category: Finance