Energy Efficiency Pays Best

December 17, 2008 · Posted in Green Business Basics, Green Industry · Comments Off 

Miniature Golf
Creative Commons License photo credit: x-eyedblonde

In some parts of the Northeast, the skyrocketing cost of oil could cause residential winter heating bills to climb as high as $7,000. Oil reached $145 a barrel in late May, and many analysts are predicting $150-200 per barrel oil within two years. With heating oil averaging $4.71 a gallon, natural gas rates headed for a 20 to 30 percent rise. Add that to electricity bills up, some municipalities are shifting to four-day work weeks, and moving aggressively into renewable energy & energy efficiency.

Utah made headlines in July by becoming the first to put most state employees on a four-day week of 10-hour days. About one-third of the state’s 3,000 government buildings will be closed on Fridays, with expected savings on heat and air conditioning to hit $3 million a year. Commuters will also save on gasoline. Utah’s Governor Jon Huntsman said, “The reaction from the public has been very much a willingness to give this a go.” Read more

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