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Energy Efficiency Creates Competitive Advantage, Companies Say

Energy efficiency is being embraced by companies as a critical competitive advantage. What’s more, many companies are generating at least a portion of their own power.

Marlene Motyka, US alternative energy leader for Deloitte, gives the results of a new resources study in this podcast.

The study found:

  • 77 percent of respondents consider reducing electricity costs as essential to staying competitive from a financial perspective.
  • 79 percent of businesses view reducing electricity costs as essential to staying competitive from an image perspective. This is the highest proportion since the resources study was first conducted in 2011.
  • 93 percent say they have invested funds in energy management programs over the last three years, reinforcing the trend that businesses are allocating a greater percentage of their capital budgets to energy management. These funds represent about 18 percent of their total capital budgets, compared to 12  in 2014. The largest proportion since the study’s inception.

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