Energy efficiency helps US manufacturers save $1bn

More than 120 manufacturers in the US have saved around $1 billion (£0.62bn) in energy costs by investing in efficiency measures. They made the investments as part of the US […]

Register now!

By Priyanka Shrestha

More than 120 manufacturers in the US have saved around $1 billion (£0.62bn) in energy costs by investing in efficiency measures.

They made the investments as part of the US Department of Energy’s (DOE) ‘Better Buildings, Better Plants’ programme, where manufacturers voluntarily signed a pledge to reduce energy intensity by around 25% over 10 years.

Implementing energy efficiency measures also helped them reduce around 11 million tons of carbon emissions.

The programme is part of President Barack Obama’s ‘Better Buildings Initiative’ to help American commercial and industrial buildings become at least 20% more energy efficient over the next 10 years.

Participating companies in total consume nearly 15% of energy in the US chemical manufacturing sector and 23% across the transportation equipment manufacturing sector, according to the DOE.

Kathleen Hogan, Deputy Assistant Secretary for Energy Efficiency said: “These manufacturers are leading by example – demonstrating the promise of energy efficiency, increasing competitiveness in the private sector and reducing harmful carbon pollution.”

A report last month found the proposed bipartisan energy efficiency legislation if passed could help consumers save more than $65 billion (£40.9bn) on their energy bills.