We all know this, but how much does it really amount to? A recent report shows that the U.S. could save over a Trillion dollars with energy efficiency upgrades, and after the costs of the upgrades are subtracted it is still $680 Billion in savings.



From the article:

"McKinsey & Company offers a detailed analysis of the magnitude of the efficiency potential in non-transportation uses of energy, a thorough assessment of the barriers that impede the capture of greater efficiency, and an outline of the practical solutions available to unlock the potential.

The research shows that the U.S. economy has the potential to reduce annual non-transportation energy consumption by roughly 23 percent by 2020, eliminating more than $1.2 trillion in waste - well beyond the $520 billion upfront investment (not including program costs) that would be required. The reduction in energy use would also result in the abatement of 1.1 gigatons of greenhouse gas emissions annually - the equivalent of taking the entire U.S. fleet of passenger vehicles and light trucks off the roads.

Such energy savings will be possible, however, only if the United States can overcome significant sets of barriers."

All of our efforts have an additive affect, so keep taking steps to be frugal with energy and do your part to reduce waste by reusing or re-purposing items whenever possible.

For the full report, follow the related link below: