DOE building initiatives save $3.1 billion in energy costs

DOE building initiatives save $3.1 billion in energy costs

Photo via iStockPhoto.com

More than 900 public and private sector organizations have reduced energy use by 380 trillion Btu, or $3.1 billion in reported cumulative energy and cost savings, according to the U.S. Department of Energy. The DOE announced the result in an update on the Better Building Initiative and the Better Buildings Challenge.

The partners across the Better Buildings Initiative are sharing their innovative approaches and successful strategies to accelerate the adoption of energy-efficient technologies and practices. The 2018 Better Buildings Progress Report highlights this progress in the commercial, industrial, residential and public sectors to improve energy productivity.  

"Partners in the Better Buildings Initiative are achieving impressive energy savings worthy of celebration," said U.S. Secretary of Energy Rick Perry. "Partners are meeting their savings goals, testing the latest technologies, and sharing their results. Together, they are showcasing a new generation of energy saving solutions."

The Better Buildings Initiative has grown to encompass more than 900 organizations, which represents 30 of the country’s Fortune 100 companies, 12 of the top 25 U.S. employers, 12 percent of the U.S. manufacturing energy footprint, and 13 percent of total commercial building space, as well as 28 states and close to 100 cities and counties across the nation.

Partners are driving the adoption of new energy efficient equipment through targeted technology campaigns, collaborating to overcome market barriers to energy efficiency through a series of focused Accelerators, increasing the flow of financing through specific clean energy investment commitments, improving manufacturing competitiveness and creating jobs through industrial energy efficiency, and leading by example through energy upgrades in local, state, and federal buildings.

Through the Better Buildings Challenge, DOE works with more than 350 market leaders that represent more than 4.4 billion square feet of building space. Partners reduced their energy intensity by an average of two percent per year, keeping them on track to meet the program’s 10-year, 20% reduction goal. Additionally, through the Better Buildings Challenge, more than 40 Financial Allies have extended more than $12 billion in capital for efficiency projects.

This year, 16 Better Buildings Challenge partners and allies achieved their energy, water, or financing goals. Since the start of the program, more than 65 partners and Financial Allies have now met their original energy efficiency, water efficiency and financing goals, all of them ahead of schedule. Many of these goal achievers have publicly committed to new goals, demonstrating that continual energy efficiency improvement is possible even after sizable gains have already been made.

Reaching goals

This year’s 16 energy, water and Financial Ally goal achievers are:

  • Anthem (energy and water)
  • Bank of America Merrill Lynch (finance)
  • C. F. Martin & Co., Inc (energy)
  • Citi (finance)
  • Columbia Association (energy)
  • EDF Renewable Energy (finance)
  • General Motors (energy)
  • Jersey City Housing Authority (energy)
  • Legrand (energy)
  • Metrus Energy (finance)
  • North Carolina (energy)
  • NYCEEC (finance)
  • Pace Equity (finance)
  • Shari’s Café & Pies (water)
  • Sol Systems (finance)
  • UW Health  (energy)

Partners in the Better Buildings Initiative are contributing to the more than 1,500 proven solutions now available online in the newly redesigned 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," Secretary Perry said.

Through Better Buildings, DOE aims to make commercial, public, industrial, and residential buildings 20 percent more energy efficient over the next decade. This goal means saving billions of dollars on energy bills, reducing emissions, and creating thousands of jobs.


Topics: Automation and Controls, Building Owners and Managers, Certifications, Energy Audit / Energy Management, Energy Saving Products, ENERGY STAR, HVAC - Heating, Cooling, and Ventilation, Lighting - Energy Efficient Lighting, Multifamily / Multiunit Residential, Office Buildings, Sustainable Trends and Statistics, Thermal Envelope - Building Envelope, Water Heating Strategies

Companies: U.S. Department of Energy


Sponsored Links:


Related Content


Latest Content

Get the latest news & insights


News

Resources

Trending

Features

Standalone ice arena shoots and scores first LEED Platinum rating

RESEARCH CENTERS