Business Plans to Budget for Energy Efficiency Again

By Channel Insider_Staff  |  Posted 2010-04-22 Print this article Print

A new survey released Earth Day week shows that more executives are planning to ramp up spending on energy efficiency in 2010 after the recession helped curtail spending in 2009. Executives said the big driver for buying energy saving technology is saving money.

Planned investment in energy efficiency by businesses is expected to rebound in 2010, according to a new survey of more than 1,400 executives and managers in North America responsible for spending on such technology in commercial buildings.

The survey found that 52 percent (up from 46 percent last year) said they plan to make capital investments in energy efficiency and that 60  percent (up from 55 percent last year) are planning to make operating budget expenditures on energy efficiency programs over the next 12 months.

And the survey also found that 65 percent of business leaders say they are paying more attention to energy efficiency than they were one year ago.

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