Those looking for signs that the U.S. economy is rebounding can find encouragement in the fourth annual Energy Efficiency Indicator released by Johnson Controls.
A survey of more than 1,400 North American executives and managers responsible for making investments and managing energy in commercial buildings found that planned investment in energy efficiency is expected to rebound in 2010. Following a decline last year, the survey found that 52% (up from 46%) are planning to make capital investments in energy efficiency and 60% are planning (up from 55%) to make operating budget expenditures in efficiency programs over the next twelve months. However, a significant number of the business leaders surveyed (38%) said that the largest barrier to making energy efficiency investments is limited capital availability.
The Energy Efficiency Indicator (EEI), in its fourth year, tracks energy management priorities, practices and investment plans among decision makers responsible for commercial buildings and their energy use. Johnson Controls is currently conducting the survey in other parts of the world including China, France, Germany, India, Poland, Spain, and the United Kingdom, with results to be released at events during the summer of 2010.
The North America research was conducted by Johnson Controls in association with the International Facility Management Association (IFMA) and the American Society of Healthcare Engineering (ASHE). A total of 1435 decision-makers were surveyed in North America between February 23 and March 15, including CEOs, CFOs, real estate leaders and facility managers from a range of organizations including small businesses, global corporations and the public sector.
According to this year’s survey, 65% of business leaders say they are paying more attention to energy efficiency than they were one year ago; 84% of respondents say that energy efficiency is a priority for new construction and retrofit projects planned for this year.
The most important factor influencing energy efficiency decisions is energy cost savings, with 97% of respondents identifying it as significant. Sixty four percent expect energy prices to rise in 2010. Overall the average expectation of respondents is a 7% increase in the combined price of energy over the next 12 months.
The next most important factors influencing energy efficiency decisions are enhanced public image (63%), government and utility incentives (62%), and reducing greenhouse gas emissions (62%). This climate concern is growing in importance, up from 57% that considered greenhouse gas reduction a significant factor in 2009.
Seventy-five percent of decision makers believe significant legislation mandating energy efficiency and/or carbon reduction is likely within the next two years, compared to 85% in 2009 and 76% in 2008.
When asked what specific energy efficiency improvements have been implemented over the past 12 months, the most popular are those with low capital cost and/or a rapid return on investment. The survey shows that 72% switched to energy efficient lighting; 63% trained facilities staff; 61% educated building occupants to save energy; 56% made set point adjustments; 40% installed occupancy or daylight sensors; and 33% upgraded building controls.
Executives were also asked this year to predict what energy-related technologies would see the greatest improvement in performance-to-price ratio over the next 10 years. The top picks were lighting (51%), smart building technology (44%), solar PV (38%), electric and plug-in hybrid vehicles (28%) and nuclear power (22%).
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