Energy efficiency saving US manufacturing firms billions

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New figures have revealed that becoming more energy efficient has saved large-scale US manufacturing companies $2.4 billion over the past five years, Clean Technica reports - and the savings look set to continue.
 
According to recently released statistics from the US Department of Energy's Better Plants Program - a scheme aimed at boosting the energy efficiency of commercial, residential and industrial buildings throughout the US - not only have energy efficiency measures significantly reduced energy costs since 2010, they are expected to generate more than $11 billion in annual energy savings by 2020, too.
But it seems that the US manufacturing industry is only just scratching the surface of its potential when it comes to improving energy management, as the facilities in question represent just 11.4% of the America's total manufacturing energy footprint.
 
The Obama Administration has had its finger on the pulse in relation to industrial energy efficiency, with its Better Buildings Challenge aimed at improving the efficiency of commercial and industrial buildings by 20% over the next decade, with help from the Department of Energy.
 
The Better Plants initiative is one arm of this programme, and so far 157 companies – with around 2,400 facilities – have signed up to the scheme.
 
With US manufacturers spending nearly $230 billion on energy each year, accounting for a quarter (25%) of total domestic energy consumption, this is one of the most energy-intensive industries in America. But this also means that there is ample opportunity to reduce outgoings and, as a result, annual costs.
 
Enrest Moniz, US secretary of energy, notes that when companies reduce their energy usage, "they also save money and reduce harmful carbon pollution," meaning it's a win-win for both businesses and the environment.
 
"This is especially true in the manufacturing sector, where energy costs are often a significant contributor to total operating costs," Moniz added.
 
The Better Plants programme already appears to be proving effective. Subscribers have evaded 26.6 million metric tons of harmful emissions – the equivalent of removing 5.6 million passenger vehicles from the roads for 12 months – and in the process have saved $2.4 billion in cumulative costs. What's more, 25 partners of the scheme have already met their energy savings targets.
 
Energy efficiency manufacturing

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