Lunch and Learn Recap- Energy (2/14/24)
February 14, 2024
Our second lunch and learn on the topic of energy was a great success. Missed it? No worries—we’ve distilled the key insights to help your business save money and boost sustainability.
1. Track Energy Use and Benchmarking: A great place to start is by monitoring your electricity and natural gas consumption. As Peter Nelson explained, this foundational step not only helps in understanding usage patterns but also sets the stage for cost and waste reduction and efficiency upgrades. The EPA’s EnergyStar Portfolio Manager is a great tool for benchmarking, allowing you to easily measure and improve your property’s performance. If you are ready to take the first step in reducing your energy costs (and associated carbon footprint), send us an email and we’ll help you get started!
2. Tax Deductions and Incentives: Take advantage of tax deductions and incentives to fund your sustainability initiatives. From the Inflation Reduction Act to utility-sponsored programs like Rocky Mountain Power and Dominion’s energy efficiency incentives, there are an abundance of opportunities to offset project costs and accelerate ROI. Whether it’s upgrading lighting systems or implementing HVAC enhancements, these incentives can make sustainable investments even more financially attractive. Get in touch if you want to learn more!
3. Renewable Energy in Utah: The landscape of renewable energy in Utah is rapidly evolving, with more renewables coming online than ever before. Soon, we’ll see the launch of the Community Renewable Energy Program (Utah Renewable Communities), opening up new avenues for businesses to access clean energy resources. These renewable options offer opportunities for businesses to enhance sustainability and reduce environmental impact.
For more detailed notes and slides, please see the attachment.
We hope to see you at future Green Business events!