May 5, 2008—Rising energy prices have prompted facility managers to find more ways to conserve energy, according to a survey from Johnson Controls.
The survey, which focuses on the responses of International Facility Management Association (IFMA) members, also includes the responses of executives for comparison.
According to the survey, 80 percent of IFMA members believe energy prices will rise over the next year, but they are considerably more optimistic about how much they will rise. On average, IFMA members expect an increase of about 10%, compared to 15% among other respondents.
The survey also found that IFMA members are more likely to make energy efficiency investments from both capital and operating budgets.
Last year, Johnson Controls conducted research among the North American business community to examine the impact of rising energy prices on organizations. Survey respondents included company executives identified from an executive panel, and professional IFMA members.
The survey asked participants what their companies are doing in response to rising energy costs, what sort of payback they expected on investments in energy efficiency, and to what extent they were motivated by concerns about the environment vs. purely economics. The project was repeated in 2008, and results were compared to the 2007 results in order to determine whether businesses are altering their philosophy and actions regarding energy efficiency.
Details of the energy survey results are now online in PDF form.
Results include responses pertaining to current energy use, expectations and future plans; companies’ motivations for addressing/implementing energy efficiency; measures companies already have in place; and how high or low energy management rates with surveyed companies.