Energy Efficiency Creates 387% Return On Investment For US Southeast
Clean Technica, March 19, 2014The benefits of energy efficiency improvements are well known: lower electricity demand and utility bills, along with good-paying green jobs. But one analysis shows the return on investment from efficiency investments may be even more massive than previously thought.
Energy efficiency retrofits carried out in 16 cities across 8 Southeast US states from 2010-2013 created a 387% return on investment (ROI), according to a recent report from the Southeast Energy Efficiency Alliance (SEEA).
The SEEA energy efficiency retrofit effort spurred $3.87 million in economic input and 17.28 new jobs for every $1 million invested, an intense spurt of green economic growth in new spending, reduced energy costs, and associated spending created by newfound money through worker income or utility bill savings.