Market for Energy Retrofits Grow

Retrofitting buildings

A recent Pike Research report examined the global market landscape for energy efficiency retrofits in commercial and public buildings. It found that the global market will expand from $80.3 billion in 2011 to $151.8 billion by 2020.

This makes sense because more and more businesses are looking to cost-effective ways to reduce its operating expenses, and retrofitting existing buildings with updated lighting and HVAC is a great way for businesses to reduce operating expenses. And lighting retrofits typically see a quick return on investment.

Aside from reducing operational costs and energy consumption, business owners are motivated to retrofit their buildings in order to reduce greenhouse gases, carbon footprints, and gain a competitive edge in the building market. Let Worldwide Energy help your business s jump into energy efficient technology by scheduling a facility review.

Read the full report.

Source: Pike Research

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.

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