Why is energy efficient purchasing important?
Colleges and universities spend close to $2 billion each year on energy. Adopting a strategic approach to energy management can lower energy bills by 30% or more. Energy management strategies can save money for repair and renovation, hiring of new faculty, new construction, and other core activities while protecting the environment from pollution.
Purchasing energy efficient products plays a key role in this strategy by reducing energy costs without compromising product quality. These products can use 25 to 50% less energy, and may actually generate less heat and make workspaces more comfortable. In addition, these products may significantly reduce water use and air pollution. As the price of energy and fuel increase the savings value of these products will increase, which can result in a significant return on investment.
