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Construction Engineering and Management

Colby College

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A Cost Benefit Analysis Of Improving Energy Efficiency Of A Fitness Facilty, Inuri A. Illeperuma Aug 2014

A Cost Benefit Analysis Of Improving Energy Efficiency Of A Fitness Facilty, Inuri A. Illeperuma

Journal of Environmental and Resource Economics at Colby

Abstract: Nearly 40% of the total U.S. energy consumption in 2012 was consumed in residential and commercial buildings, as recorded by U.S. Energy Information Administration. With the urgent need to reduce overall energy consumption in the U.S., many efforts are made to improve the energy efficiency of buildings. However, energy managers identify budget constraints as one of the main obstacles in improving the energy efficiency of buildings. Hence this study focuses on a cost benefit analysis of improving the energy efficiency, with a special focus on fitness facilities in college environments. As a case study, the author focuses on improving …