Energy Crisis

Energy Crisis

Energy prices are skyrocketing

– how you can prepare for the colder months

The U.S. Energy Information Administration warns that all Americans should expect US energy prices to remain high throughout 2023.

While you might not feel the full extent of the energy crisis right now, the increase in prices for oil, natural gas, coal and electricity will undoubtedly hit us with full force in the upcoming months!

Since there is no end in sight to the cost explosion that was caused by the economic recovery and the Russian-Ukrainian war, we have compiled some facts, figures and tips so you can go into the upcoming colder months as prepared as possible.

Costs for electricity and natural gas are at a new high

From now on, we can expect our wallets to suffer extremely under the increase in energy cost. Many households will not be able to afford this price explosion, or at least not without drastic cuts.

The energy crisis is causing energy costs to skyrocket.
The energy crisis is causing energy costs to skyrocket.

Ways to save energy: »Buildings«

Globally, more than 40% of energy consumption is related to the operation of buildings, making it the world’s largest source of energy consumption.

Same goes for the United States, where almost 40% of energy use can be attributed to buildings, and industries coming in as a close second. 

40 % – Buildings are largest cause of energy consumption

Within American homes, over 50% of the energy is used for climate control. Further, almost 20% are used for water heating, 5% for lighting, and over 30% and the operation of other electrical systems.

This looks a little different for energy use in commercial buildings: as we can see, those waste much more of their energy on lighting, and have to factor in much more electrical equipment use.

Home and building automation can increase energy efficiency in all of these areas, saving up to 40% on energy costs. Whether it be for home or commercial building owners, there are various Loxone solutions that can provide smart energy management for any area that causes a lot of energy consumption!

Climate control biggest energy waster in US homes as well as commercial buildings.

Ways to save energy: »Buildings«

Globally, more than 40% of energy consumption is related to the operation of buildings, making it the world’s largest source of energy consumption.

Same goes for the United States, where almost 40% of energy use can be attributed to buildings, and industries coming in as a close second. 

40 % – Buildings as the largest cause for energy consumption.

Within American homes, over 50% of the energy is used for climate control. Further, almost 20% are used for water heating, 5% for lighting, and over 30% and the operation of other electrical systems.

This looks a little different for energy use in commercial buildings: as we can see, those waste much more of their energy on lighting, and have to factor in much more electrical equipment use.

Home and building automation can increase energy efficiency in all of these areas, saving up to 40% on energy costs. Whether it be for home or commercial building owners, there are various Loxone solutions that can provide smart energy management for any area that causes a lot of energy consumption!

Climate control is largest energy waster in US homes as well as commercial buildings.
Building automation can lead to a 40% reduction of energy costs.

Building automation:
4 ways to save energy

Decreasing your energy consumption is the only way to keep skyrocketing costs under control. Building automation plays a huge role in making sure you are able to improve your energy consumption without having to give up comfort.

Climate Control

In US homes, more than 50% of the energy consumption can be attributed to climate control. Home and building automation offers various options for increasing efficiency, which will also massively reduce energy costs, by making sure the heating system and air conditioning in your building is as economic as possible.

Lighting

We all want our homes to be well-lit cozy, especially during colder and darker days. This has an even bigger impact on commercial buildings, as lighting is their #1 end use of electricity according to the U.S. Energy Information Administration. This makes lighting an attractive way to save energy and cut down costs! It is as easy as making the switch to energy-efficient LED lights, or installing presence sensors to only light up rooms that are occupied.

Energy Management

Loxone connects all components in your home – whether it’d be your electric car, heat pump or washing machine. This enables a world-wide unique and holistic energy management system depending on production, demand, weather forecast, prioritization etc., and generates numerous ways to save energy.

Shading

During those colder winter months, intelligent shading control can help you to heat your home with solar energy free of charge, or to keep the heat in your rooms. In summer, on the other hand, it can prevent your rooms from overheating. This means that no energy is required for active cooling. The Graz University of Technology shows a multitude of possibilities around shading in their impressive study.

Webinar:
Exploding energy costs – get ready for the fall

On 22 September 2022 at 1PM (EST) our Loxone experts will show you the way out of the cost trap. Vividly and with a lot of practical relevance!

Register now for our webinar free of charge.

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Jasmin Kiss

Marketing US

(610) 810-3344