When you consider business expenses, one of the primary costs is energy. Businesses cannot function without lights, air conditioning, computers, and industry-specific machinery. If you add up the energy usage for commercial and industrial building in the united states, it amounts to about 52% of off of the energy usage in the country.
U.S. Energy Usage Breakdown by Sector
- Industrial Buildings: 32%
- Retail Buildings: 15%
- Office Buildings: 14%
- Education: 10%
- Health Care: 8%
- Hospitality: 6%
- Residential: 15%
Data centers are the storage for the digital age, and these windowless boxes are using a considerable amount of energy. In total, data centers eat up more than 2% of the world’s electricity and emit as much CO2 as the airline industry. The bad news is there is no end in sight; global data traffic is doubling every four years.
Hotels spend about $2,100 per available room each year on energy. This makes up about 6% of all operating costs. Increasing energy efficiency will have a direct impact on a hotel’s bottom line.
Industrial buildings account for 1/3 of all energy use in the US. Industrial building emits 28.7% of the United States greenhouse gases. These emissions numbers include industrial processes as well as essential functions like heating, ventilation, and air conditioning (HVAC), lighting and facility use.
Cannabis Grow Facilities
The cannabis industry uses an estimated 1.1 terawatt-hours of electricity a year, according to the 2018 Cannabis Energy Report.
Healthcare organizations spend almost 7 billion dollars a year on energy. When a hospital becomes energy efficient, they can save money, reduce greenhouse gas emissions, and improve the air quality of their area. Hospitals improve their bottom line when they make energy efficiency a priority.
Alternative energy is only one part of the equation. While corporations grow houses, hospitals, industrial companies and the like can reduce emissions utilizing alternative energy sources, there other options.
Climate control can account as much as 40% of energy use in a building. Mount Royal Energy’s proprietary nanotechnology fluid solution, CryogenX permanently improves cooling capacity in HVAC systems. CryogenX has the power to save your business money and drastically reduce its environmental impact. To learn more, please contact us today!