Reduce Energy Costs
Reduce energy costs and save money
Recent research shows that 40 percent of companies worldwide are paying a lot more attention to energy efficiency now than they did 12 months ago, citing energy cost savings as the number one reason for efficiency programs. The Institute for Building Efficiency 2012 Energy Efficiency Indicator surveyed nearly 3,500 executives, owners and managers of commercial, industrial and institutional buildings to gain insight into their priorities. With cost savings as the most important factor, more than 50 percent of companies said they use these savings to reduce their overall budget.
Working with our customers, Johnson Controls is doing just that – reducing costs. To date, we have saved our private and public sector customers more than $7.5 billion in energy and operating costs. For example, working with Johnson Controls, the owners of the Empire State Building are implementing a comprehensive retrofit program to make the building 38 percent more energy-efficient, reduce operating and occupancy costs, and increase the building’s marketability and profitability. Projects to reduce energy costs at Buffalo Public Schools, New York and Wyandotte Public Schools, in Michigan funded improvements that turned aging schools into exceptional learning environments without increasing residents’ taxes.
Going hand-in-hand with energy costs savings in commercial, industrial and institutional buildings is reducing greenhouse gas emissions. Johnson Controls projects have cut greenhouse gas emissions by 15 million metric tons, equal to that of 1.3 million homes in one year.
How to reduce energy costs
A structured approach to energy management can help you to identify and implement the best ways to reduce energy costs for your facility. With an ongoing program, you can manage your energy costs and take targeted actions to enhance your facilities including:
- Establishing energy efficiency goals for your organization.
- Identifying and benchmarking your organization’s best practices in energy management.
- Determining success metrics and targets for energy efficiency improvements.
- Developing a strategic plan that provides a roadmap for increasing energy efficiency and reducing emissions.
- Implementing energy savings systems and equipment such as upgrading or replacing inefficient equipment, installing high-efficiency lighting or installing Johnson Controls Metasys® building management systems to optimize energy and operational efficiency.
- Integrating renewable energy technologies, such as photovoltaic (PV) solar panels to provide clean, sustainable energy or geothermal heat pumps to heat and cool buildings more efficiently than conventional systems.
Offset project costs via energy savings
There are a number of ways to make your projects affordable. For example, performance contracting is a way to fund improvements by using energy and operational savings to offset a project’s costs. This financing model provides relatively quick payback on your investment. Once you’ve realized that payback, savings typically continue to flow to your bottom line year after year. And, Johnson Controls is committed to providing ongoing support that can help you identify additional savings opportunities and educate occupants on what they can do to reduce energy costs and conserve water.
To learn more about how others like you have achieved lower energy costs, read our case studies. To find out how you can do so, too, contact us or try our building efficiency and energy savings calculator today.