Mining for Savings

Mining for Savings

When looking for gemstones or precious ore, you’ll do well to prospect the land for the resource you seek before you begin mining.  Likewise, when looking energy savings, it’s best to prospect the components of your building for saving potential before you go making upgrades.

Thankfully, you don’t need a pick axe to locate fertile ground for energy savings, just the internet.  A couple of websites that will aid you in your search for savings are the enLIGHTen America and Consortium for Energy Efficiency (CEE) websites.

Lighting systems are a great place to look for energy savings.  Lighting can account for up to 40% of your electrical energy usage.  By upgrading to a more energy efficient lighting system, you can simultaneously reduce operating expenses and increase your building asset value.  Lighting systems also provide an excellent return on investment.  According to the Energy Cost Savings Council, energy-efficient lighting projects generate an average 45% return on investment, paying for themselves in just 2.2 years.

On the enLIGHTen America website, you’ll find valuable information about savings potential through lighting upgrades and how these upgrades may qualify you for a tax deduction of up to $0.60 per square foot.  The CEE site has resources that highlight savings through holistic energy management and equipment performance specifications.

Let the enLIGHTen America and CEE websites do the digging for you.  You can just profit from the savings.

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