Convincing executives and financial decision makers in your organization to invest in energy efficiency projects isn’t always easy. Although lower utility bills may sound attractive, the upfront costs and long payback period are often a roadblock. To overcome objections, it’s important to look beyond utility costs and highlight the many ways energy efficiency and sustainability can help make your facility more productive, safe and comfortable.
Improved productivity
Research shows energy efficiency upgrades can also help improve profits through increased productivity. The Carnegie Mellon Center for Building Performance and Diagnostics identified numerous case studies in which energy-saving measures resulted in individual productivity improvements of 10% to 15%.
Smaller environmental footprint
Saving energy can help reduce your environmental footprint — the amount of greenhouse gases emitted as a result of your business activities. A greener facility can yield substantial rewards in improved regulatory compliance and enhanced public image.
Better health and well being
Energy-saving improvements, such as natural ventilation and daylighting, can improve indoor air quality and enhance the overall work environment. Happier, healthier workers can be more productive, call in sick less often and cost you less in healthcare benefits.
Enhanced safety
Brighter lighting and more uniform light distribution can reduce the chance of a worker falling or being struck by an object. The average cost of a medically consulted workplace accident is $41,000, according to the National Safety Council. If a lighting upgrade can prevent just one accident, it pays for itself very quickly.
Increased revenue
For customer service facilities such as stores and restaurants, lighting and HVAC upgrades can enhance the appearance of your facility and create a more comfortable, inviting atmosphere. This encourages customers to stay longer, spend more money and come back more often.
Improved work quality
Lighting upgrades typically include improved light output and enhanced color quality. This increases workplace visibility, which can reduce error rates and improve overall product quality. You’ll see benefits in reduced scrap rates and rework costs, as well as increased customer satisfaction.
By highlighting the many benefits of energy efficiency for your organization, it should be much easier to convince even the most budget-minded executive of the potential return on investment.
Are you ready to explore energy efficiency upgrades? The ENERGY STAR Portfolio Manager™ is a no-cost online tool for measuring your energy performance and targeting energy-saving opportunities.