Realizing the Energy Efficiency Potential of Small Buildings
Small commercial buildings – those smaller than 50,000 square feet – offer substantial and immediate energy efficiency opportunities and cost savings. The Small Buildings and Small Portfolios (SBSP) sector contains 95 percent of all commercial buildings by number and represents 47 percent of the energy consumption in all non-mall commercial buildings. However this building stock has received little attention in the growing energy efficiency marketplace compared to larger and institutionally owned counterparts, in part because of the market’s vast scale, physical diversity, and the disparate interests of its stakeholders.
While acknowledging these challenges, this study estimates that profitable investments in energy conservation can generate $30 billion in annual energy cost savings, improving the financial performance of millions of small businesses throughout the United States.