This article warrants consideration and a read: "The Math Changes on Bulbs" by Kate Linebaugh Wall Street Journal. Kate Linebaugh covers not only the cost savings of replacing standard bulbs with LED bulbs for energy efficiency, but also the cost-savings associated with "lowered maintenance costs." LED's savings from energy use to labor savings is one [...]
Business and building owners often face a dilemma when considering replacing or updating their HVAC system. Although operating an energy efficient HVAC system saves money for business and building owners in the long run, many are concerned by significant first cost. Too often the recommendation is to retrofit an existing building with energy efficient HVAC [...]
By BOB SALSBERG BOSTON http://www.businessweek.com/ap/financialnews/D9QTTVBO0.htm A Massachusetts law requiring utilities to purchase more electricity from renewable energy sources has helped make the state more energy efficient but also threatens to increase the delivery costs of electricity by 7 percent over the next four years, Attorney General Martha Coakley told a legislative committee on Wednesday. [...]
Hotel owners face some unique challenges in maintaining a financially viable business. There are building maintenance and renovation concerns, interior furnishings and often extensive exterior elements to oversee, as well as day to day operations, staffing and customer service. The good news is that hotel owners can take advantage of targeted tax and energy strategies [...]
Had to re-post...very interesting information to share about the Energy Efficiency of States. ACEEE: MASSACHUSETTS OVERTAKES CALIFORNIA AS #1 ENERGY EFFICIENCY STATE, MICHIGAN AND ILLINOIS AMONG THE MOST IMPROVED 2011 Energy Scorecard Top 10 Also Includes NY, OR, VT, WA, RI, MN, CT, MD; States Most in Need of Improvement Are: ND, WY, MS, KS, OK, SC, [...]
Although creating an energy efficient facility saves money for business and building owners in the long run, the cost of getting there can be prohibitive. You might want to retrofit your existing building with energy efficient lighting, HVAC or upgrades to the building envelope in order to save money on energy costs, but you’ve first [...]
In today’s economic climate, does it make sense to invest in your building by making “green” improvements? Potential savings on energy costs over time make the idea of spending now more attractive, but it’s hard to project exactly what your future savings will be. There is another reason to make energy efficient improvements to your [...]
Many building owners and occupants looking to cut operating expenses and improve energy efficiency naturally look to replacing or upgrading systems such as HVAC and lighting. If done right, with planning and knowledge of how systems interact, this is usually an effective step towards reducing expenses and energy usage. However, it is important to plan [...]
Energy Price Volatility Now A Major Factor In Corporate Efficiency Drive Published: Tuesday, 23 Aug 2011 | 1:58 PM ET By: Trevor Curwin, Special to CNBC.com Recent volatility in energy prices could unleash a bigger tide of investments in energy efficiency than any concerns about climate change has in recent years. According to recent surveys, [...]
IRS Revenue Procedure 2011-14: Energy efficiency and claiming the §179D deduction as far back as 1/1/2006 without amending any tax returns. The §179D tax deduction came about as part of the Energy Policy Act of 2005 (EPAct). Congress wanted to incentivize the utilization of energy-efficiency components in a building to one of the following parties: [...]