As a business owner, I do not use the term “invest” lightly. As anyone with a mind for business knows, a favorable return on investment (ROI) signifies a prudential investment.
Some simple math will illustrate the point. Imagine a program that has saved Americans $430 billion since 1992 at a cost of roughly $50 million per year; the programmatic profit (herein meaning America’s saved capital expenses), is $428 billion. By dividing this profit by the total invest of $1.25 billion, we find that the ROI of said program is 343%, or roughly 13.72% per year.
But this ROI is very real, since the above example is actually of the Energy Star Program. Energy efficiency is the driver behind Energy Star’s ROI. Individuals and businesses pay lower utility bills because they are using (or losing) less electricity, water, heat, etc., and my business provides the analyses that illustrate where money can be recouped through greater energy efficiency.
To discontinue the Energy Star program would be senseless. The program beautifully models the interplay of efficient free-market economics and effective public policy. Washington must act prudently; continue investing in America by investing in Energy Star.