U.S. Energy Efficiency Initiative Saves $1.9B

THE U.S. Department of Energy (DOE) this week announced the energy-efficiency progress made by the 345 leading public and private sector organisations in the Better Buildings Challenge.

These efforts have led to a combined 240 trillion Btus and an estimated $1.9 billion in cumulative energy and cost savings. These results are summarised in the 2017 Better Buildings Progress Report released this week that highlights accomplishments across the broader Better Buildings Initiative.

The goal of this initiative is to make commercial, public, industrial, and residential buildings 20% more energy efficient over the next decade by focusing on overcoming market barriers and sharing partner created solutions.

“Through the Better Buildings Initiative, hundreds of leaders from the public and private sectors are demonstrating innovative approaches and deepening American investments in critical building infrastructure,” said U.S. Secretary of Energy Rick Perry. “By planning ahead and investing in cost-effective energy efficiency strategies, partners are bringing better buildings to our communities and improving the everyday places Americans live and work, while creating new and lasting jobs.”

The more than 345 organisations from diverse sectors that have stepped up to the Challenge committed to improve the energy intensity across their entire building portfolio by at least 20% within a decade. These organisations represent more than 4.4 billion square feet of building space, include more than 1,000 industrial facilities, and have committed $7 billion financing. Partners have shared energy performance results for nearly 38,000 properties. On average, partners are improving by more than 2% per year, and are staying on track to meet their energy savings goals of 20% over the next 10 years.
This year, 18 Better Buildings Challenge partners and allies met their energy, water, or financing goals. Since the start of the program, 40 Challenge partners have met their energy goals, six have met their water goals, and 12 financial allies placed sufficient investments to meet their financing goals.

More than 35 partners and financial allies joined the Better Buildings Challenge over the last year, committing 200 million square feet of building space, nearly 40 plants, and $650 million for efficiency projects. These partners are contributing to the more than 1,000 proven solutions now available online in the Better Buildings Solution Center. When partners share their energy and water savings strategies and results, they demonstrate their collective leadership by making it easier for others to replicate their success. See the full list of new partners here.

Though Better Buildings, DOE aims to make commercial, public, industrial, and residential buildings 20 percent more energy efficient over the next decade. This means saving billions of dollars on energy bills, reducing emissions, and creating thousands of jobs. Better Buildings partners represent public and private sector organisations across the country, and are working together and with DOE to share and replicate positive gains in energy efficiency. The Energy Department is currently pursuing strategies within four interrelated key areas. Read about how partners are increasingly working to catalyze change and investment in energy efficiency, and their proven solutions, in the Better Buildings Solution Center.

Picture of Towson University - one of the successes of the Better Buildings Challenge - reproduced under CCL from Towson Shown By Photos.

Friday 19th May 2017

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