Nov. 7, 2014: DOE Announces $9 Million in Funding to Improve Efficiency of Commercial Buildings
Goal Is to Achieve 20 Percent Energy Savings
WASHINGTON — The U.S. Department of Energy (DOE) has announced the availability of $9 million in funding to encourage investments in energy-saving technologies that can be tested and deployed in offices, shops, restaurants, hospitals, hotels, and other types of commercial buildings. The funding is intended to facilitate the implementation of market-ready solutions across the U.S. to improve commercial building energy efficiency, with a goal of demonstrating 20 percent savings or more across a variety of approaches.
Owners and occupants could cut energy waste, saving an estimated tens of billions of dollars annually, if they operated their buildings more efficiently and invested in energy-saving technologies, said DOE. Additionally, accelerating investment in efficiency upgrades could also lead to greater demand for new building products and technologies, many of which are produced and developed in the U.S.