MACED Launches Energy Efficient Enterprises Project
May 8, 2008
Berea, Ky — The Mountain Association for Community Economic Development announced recently the launch of Energy Efficient Enterprises (E3) to enhance the financial strength of businesses and organizations and to benefit the natural environment. The program helps enterprises realize cost savings through the use of energy efficient equipment and systems or through renewable energy sources.
With rising energy prices, many companies are paying more for natural gas, propane and electricity. These vital inputs are cutting into profit margins and weakening the ability of businesses to invest in their futures.
In addition, growing awareness of the effects of carbon dioxide on climate change has spurred many people to seek ways to reduce emissions through greater energy efficiency and the adoption of other energy sources such as wind, solar and low impact hydro-electric power.
In response, MACED developed the E3 program. It begins with an on-site energy assessment, followed by recommendations for change and assistance with identifying and choosing an independent installation company. MACED provides financing for identified improvements at low rates and flexible terms for each enterprise.
According to Joshua Bills, MACED’s energy specialist, “Businesses and organizations that seek to be successful financially and which are careful to protect the natural world around them are the cornerstone of a vibrant Appalachia. By investing in energy efficiency, enterprises can be more profitable, improve working conditions and reduce negative effects on the environment. With the money saved from energy efficiency measures, enterprises may then choose to invest in renewable energy sources, further reducing their environmental impact.”
MACED is a 31-year-old nonprofit organization that works in eastern Kentucky and Central Appalachia to create economic opportunity, strengthen democracy and support the sustainable use of natural resources. To find out more about MACED’s E3 project, visit www.maced.org or contact MACED’s energy specialist, Joshua Bills, at 859-986-2373 or