Want to reduce your company’s energy operating costs and consumption up to 90%? You can do this all while improving the quality of the lighting and decreasing the environmental footprint and cutting carbon emissions.
Energy efficiency is one of America’s greatest untapped sources of power, and it is possible to squeeze the most energy possible from every kilowatt-hour of electricity. Energy efficiency and conservation should be a part of your business planning. There are many low-cost steps that businesses can take to start saving energy now, as well as more detailed actions that can happen over time.
Potential tax savings are an appreciated benefit. Check with your tax advisor to see if your LED lighting upgrades qualify as capital improvements which can be depreciated over time or as a tax-deductible straight line expense.
Energy rebates are another benefit. Find out if your municipality and/or electricity provider sponsors such a rebate program that encourages energy efficient lighting retrofit projects. Utility rebates lower initial out-of-pocket costs and improve return on investment dollars. Also, improved lighting efficiency creates a positive return on your investment during the first year of installation.
Additionally, you can make your employees happier and have improved productivity and less fatigue by working under LED light, which causes less eye strain. LED lighting is 50% to 90% more energy efficient than traditional lighting and could reduce the world’s electricity use by 12% to 15%. Of the electricity consumed in the world, the large amount of 20% is used just for lighting.
Environmental grants and loans help you to find financial resources to pay for energy efficient upgrades and to finance environmental products and technologies. Search grants.gov for grant applications related to energy and environmental topics. The Department of Energy Grants and Loans has many funding opportunities for energy efficiency and renewable energy programs.
Business.gov is the official business link to the U.S. Government. From their Energy Efficiency Guide, learn how to assess your savings potential, calculate energy savings, and do a financial analysis
Energy Efficiency and Renewable Energy (EERE) is the U.S. Department of Energy’s site for information and tips on energy efficiency and renewable energy technologies.
Energy Star is a government-backed program that helps businesses and individuals protect the environment through energy efficiency.
Investing in energy efficiency reduces unnecessary environmental impacts and helps the economy and your bottom line while conserving fuel resources.