The “Secret Benefits” From Energy Conservation Contribute Value Worth An 18% Improvement to Energy Savings

Authors

  • Eric A. Woodroof Ph.D., CEM
  • Wayne C. Turner Ph.D., PE, CEM
  • Steven D. Heinz PE, CEM

Abstract

In addition to saving energy and reducing utility expenses, there
are additional (often unreported) benefits from conserving energy.
These financial and strategic benefi ts extend beyond the utility budget.
These non-utility benefi ts contribute value worth an additional 18 to 50
percent of the energy savings—as demonstrated via a simple example.
Calculations are shown on a spreadsheet, which can be downloaded for
applications in your own facility. 1 Beyond illustrating these additional
benefits, the goal of this article is to motivate change towards saving
more energy and money, while preserving more of our natural environ-
ment.

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Author Biographies

Eric A. Woodroof, Ph.D., CEM

Eric A. Woodroof, Ph.D., CEM, is widely recognized for helping energy and environmental projects get approved and implemented. His focus is to help clients make more money and simultaneously help the environment. Dr. Woodroof has over 15 years of experience, 20 publications, and has identifi ed profi t-improvement strategies at over 200 facilities. He has also been a board member of the Certifi ed Energy Manager Program since 1999. Dr. Woodroof has worked with the U.S. Public Health Service, Ford, GM, Hertz, Johnson Controls, Southwestern Bell, Tulsa International Airport, and many others. He is friends with many of the top minds in energy, environment, fi nance, and marketing.
Dr. Woodroof is the founder of www.Profi tableGreenSolutions.com, www.Green- TravelPartners.com and other solutions that help organizations become more profi table and green. His email address is eric@ericwoodroof.com

Wayne C. Turner, Ph.D., PE, CEM

Wayne C. Turner, Ph.D., PE, CEM, is a Regents Professor Emeritus of Industrial Engineering and Management at Oklahoma State University. He is founder and director of OSU’s Industrial Assessment Center and has conducted or supervised well over 1000 energy audits for industrial and commercial facilities. Dr. Turner has broad experience in energy management and has authored fi ve textbooks and numerous articles in professional magazines and journals. He has won many teaching and professional award and is listed in numerous Who’s Who. He has served as past president of the Association of Energy Engineers (AEE) and is in AEE’s Hall of Fame. He is editor-in-chief of AEE’s journals Energy Engineering and Strategic Planning for Energy and the Environment. He is an avid fl y fi sherman and is willing to fl y fi sh anywhere, anytime. His email address is wayne.turner@okstate.edu

Steven D. Heinz, PE, CEM

Steven D. Heinz, PE, CEM, is the chief executive offi cer and founder of Good Steward Software. Steve has 35 years of professional experience in energy accounting and engineering. He designed and supervised the development, testing, publication, and support of EnergyCAP Enterprise, EnergyCAP Professional and FASER Energy Accounting. Since 1980, these products have provided sophisticated energy accounting and analysis for more accounts, meters, buildings and clients than any other energy tracking system or service.
Steve serves on the boards of several organizations including: International Students, Inc., a worldwide Christian ministry to international students; ServiceU Corporation, a web-based leader in ticketing, event registration and calendaring; and Calvary Baptist Church. His email address is steveh@energycap.com.

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Published

2023-07-11

How to Cite

Woodroof, E. A. ., Turner, W. C. ., & Heinz, S. D. . (2023). The “Secret Benefits” From Energy Conservation Contribute Value Worth An 18% Improvement to Energy Savings . Strategic Planning for Energy and the Environment, 28(1), 34–44. Retrieved from https://journals.riverpublishers.com/index.php/SPEE/article/view/19975

Issue

2008: Vol 28 Iss 1 2008-2009

Section

Articles