- EE in buildings. Our estimates are that the savings from energy efficiency in buildings
could save about $300B in the US each year with the “change in your pocket” (things like programable thermostats, LEDs, smart meters, caulk and duct tape), i.e., stuff that has a payback immediately or within one year. (See Alliance to Save Energy for great tips.) For new construction, a greener building can have 80% lower operating costs and be healthier, while costing within 10% of more traditional construction costs.
EE TIP. Do an energy audit – usually provided by your local power company (frequently for free) – to evaluate current usage and best places
to start conserving energy.
EE TIP2. First take your energy use down through energy efficiency, thereby reducing dramatically the energy requirements when evaluating the next steps toward a zero-carbon footprint like solar, wind and geothermal.
- Remote Work Center for telework. At Strategic Business Planning Company, we have done a lot of work related to the concept of telecommuting and providing workers the easy ability to work from home or from a work-center that is very close to home. Based on Lister and Harnish
numbers from 2010, we estimate the total savings from just 10% of the commuters who drive along to teleworking would result in about $357B in savings per year (113M x 10% = 11.3M * $31,600 = $357B). In 3 years, that would be more than $1.1T in savings. Or, with 30% of the drive-alones switching to telecommuting, that would be $1.1T in savings each, and every, year. That is a perpetuity of savings. (At 5% interest, a perpetuity of $1.1T represents $21.4T net
present value terms – more than the entire annual US Gross Domestic Product in 2018.)
Telework TIP. Selectively pilot teleworking from home and log the time, distance, and productivity.
- Smart Savings and disposable Income. Savings of energy, say $100, is worth much more than the equivalent of income. An individual would need 30% to 50% more in salary (say $130 in gross income or $150 dollars for the employer) to equate to the same amount of disposable income. For a business with 10% net income, it would require about $1,000 increase in sales to equate to $100 increase in disposable cash. This is a perpetuity of savings (or a commitment to the increased sales indefinitely).
$TIP. Log the results and put the savings into a separate account or fund. The $100 per month that would have gone to utilities could, for example, be automatically posted to an IRA account, potentially amplifying it by your tax rate. Or, use the savings to help pay for a Solar PV system.
$TIP2. The 30% Federal Tax credit for energy efficiency for individuals makes the investment in new energy efficient appliances and renewable energy very attractive, usually with a 3- to 9-year payback (and life-time present value is often double your investment).
commuters should be able to telework once a week or more. This utilizes current technology and does not require any government “help”.
credits (like in California) or utilized by the company for its own internal costing structure in Corporate Social Responsibility reporting.
on drive-alone commuters (and include costs that are reasonable, but not included in the 2010 Lister study). The environmental savings are less than $2,000 per telecommuter by Lister, but we estimate that number could be much higher, like $5,000 to $10,000, when considering the big externality costs.
Patents, the great equalizer of our time! An overview of intellectual property
for inventors and entrepreneurs. Morrisville, NC: LuLu Press. ISBN:
978-1-387-07026-8 Retrieved from: http://www.lulu.com/spotlight/SBPlan [Amazon v4.0e ASIN: B074JJCDHG Retrieved from: http://www.amazon.com/dp/B074JJCDHG ]
Specific Radio Show of Elmer Hall: https://soundcloud.com/flaglerbroadcasting/solar-fit-052618
The radio show archives: https://solar-fit.com/solar-fit-renewable-energy-show/
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