According to a survey conducted by Noesis Energy, the primary reasons why energy-efficiency projects are not getting approved are i) the inability to get funding; and ii) uncertainty about savings estimates.
Noesis’ recent Energy Project Survey, which received responses from 476 energy managers and energy consultants in the commercial and industrial sector, found that energy managers have good success rates, with 36 percent of them securing approval for half or more of their projects, and 75 percent getting approval of at least one in four projects. But consultants do not fare so well, even though they are originating more proposals. Half of the consultants surveyed report less than one in four of their projects get the green light.
Read more at Energy Manager Today.