Efficiency upgrades will reduce your energy costs, but the upgrades will shine brighter than that, with hidden benefits a simple payback formula won’t capture.
LED upgrades in hospitals have been shown to boost the productivity of staff by more than 3%. Students in classrooms with ample daylight were able to work more quickly and score higher on standardized tests by 3 to 4 percentage points.
In office settings, better HVAC control has been shown to boost productivity by up to $300 per employee per year. Ventilation upgrades can increase productivity even more — up to $700 per employee per year.
Switching from gas to induction heating speeds up cooking time in commercial kitchens and process heating in manufacturing facilities.
If you’re considering an energy efficiency upgrade, look beyond simple payback and see how it can also upgrade your business.