Earlier this year, the EPA’s ENERGY STAR was announced to be on the chopping block for the 2018 federal budget. Much more than a consumers’ guide for appliances, the ENERGY STAR program is widely used for building performance benchmarking by many cities and states, leading to improved efficiency and reduced cost. Since its creation, the voluntary program has saved consumers $430 billion – $34 billion in 2015 alone – while operating on an annual administrative cost of only $57 million. The cost-benefit for businesses (and the economy) is a no-brainer.
MACH Energy recently polled thousands of building professionals to find out their ENERGY STAR experience and thoughts, and interviewed thought leaders in CRE and green building industries to further analyze and support ENERGY STAR, as well as to fortify its future. These findings have been compiled in a comprehensive report titled “ENERGY STAR: An Analysis Of Economic Benefits To The Built Environment,” featuring the history, benefits, and future of ENERGY STAR in the current political climate, and its role in the building and commercial real estate industries.
MACH found strong, non-partisan support for ENERGY STAR, with industry groups and leaders making unequivocal statements touting the benefits of the program. Survey respondents shared the sentiment: 78% would be concerned if funding for ENERGY STAR was reduced or removed from the EPA’s budget.
Here’s an infographic talking about the survey. Yet even in a story I did on Energy Efficiency with Johnson Controls did a survey (which is really what this program does…makes products more energy efficient which in turn saves the customer more money on Energy costs!). They found relatively the same darn thing. Energy saving consumer electronics make sense and to have a program that’s so inexpensive to run relative to the entire Federal government, its worth the investment.