Solar Fit 052618 by flaglerbroadcasting Elmer Hall with Bill Gallagher EE & Telework

Solar Fit 052618 by flaglerbroadcasting | Free Listening on SoundCloud:

Folks,

Give a listen to my May 26^th appearance on the Solar-Fit radio show with host Bill Gallagher, “Solar Fit Renewable Energy Show” on channel 106.3 FM WNZF News Radio. (Elmer Hall on 05/26/18). You can also find the show, and past shows, archived at Solar-Fit:  https://solar-fit.com/solar-fit-renewable-energy-show/

It is a fun and informative show. I talked about our collective missed opportunities in energy efficiencies (EE) in buildings and telecommuting (Sustainable Remote Work centers). I like the idea of Negawatt, the Watt of electricity that is never used, so it is never produced. A similar idea is the Negagallon of gas, the gallon of gas never used because you avoided driving (like telecommuting).

There are surprisingly huge savings from both building efficiencies (Negawatts) and teleworking (Negagallons).  These are both win-win-win ideas that Bob Hinkelman – a partner and coauthor (2017, 2018) – and I have worked on and have amazing potential.

• EE in buildings. Our estimates are that the savings from energy efficiency in buildings
  could save about $300B in the US each year with the “change in your pocket” (things like programable thermostats, LEDs, smart meters, caulk and duct tape), i.e., stuff that has a payback immediately or within one year. (See Alliance to Save Energy for great tips.) For new construction, a greener building can have 80% lower operating costs and be healthier, while costing within 10% of more traditional construction costs.
  EE TIP. Do an energy audit – usually provided by your local power company (frequently for free) – to evaluate current usage and best places
  to start conserving energy.
  EE TIP2. First take your energy use down through energy efficiency, thereby reducing dramatically the energy requirements when evaluating the next steps toward a zero-carbon footprint like solar, wind and geothermal.
• Remote Work Center for telework. At Strategic Business Planning Company, we have done a lot of work related to the concept of telecommuting and providing workers the easy ability to work from home or from a work-center that is very close to home. Based on Lister and Harnish
  numbers from 2010, we estimate the total savings from just 10% of the commuters who drive along to teleworking would result in about $357B in savings per year (113M x 10% = 11.3M * $31,600 = $357B).  In 3 years, that would be more than $1.1T in savings. Or, with 30% of the drive-alones switching to telecommuting, that would be $1.1T in savings each, and every, year. That is a perpetuity of savings. (At 5% interest, a perpetuity of $1.1T represents $21.4T net
  present value terms ­– more than the entire annual US Gross Domestic Product in 2018.)
  Telework  TIP. Selectively pilot teleworking from home and log the time, distance, and productivity.

In both building EE and telework, it is important to monitor and measure result. It is especially important to monitor the many benefits of the Negawatt and the Negagallon that don’t immediately show up in dollar savings. Allocating the financial savings is a nice way to fully enjoy the direct savings as well.

• Smart Savings and disposable Income. Savings of energy, say $100, is worth much more than the equivalent of income. An individual would need 30% to 50% more in salary (say $130 in gross income or $150 dollars for the employer) to equate to the same amount of disposable income. For a business with 10% net income, it would require about $1,000 increase in sales to equate to $100 increase in disposable cash. This is a perpetuity of savings (or a commitment to the increased sales indefinitely).
  $TIP. Log the results and put the savings into a separate account or fund. The $100 per month that would have gone to utilities could, for example, be automatically posted to an IRA account, potentially amplifying it by your tax rate. Or, use the savings to help pay for a Solar PV system.
  $TIP2. The 30% Federal Tax credit for energy efficiency for individuals makes the investment in new energy efficient appliances and renewable energy very attractive, usually with a 3- to 9-year payback (and life-time present value is often double your investment). 

The remote work center concept we have been working on, we call E3 because of the win-win-win savings to the employer, employee and environment. Many companies already have a telecommuting option for employees who can work from home, but most companies don’t appreciate all the benefits. Many managers still have the mindset that they want to see your smiling face at work at 8am, no matter how many hours in traffic it takes for you to get there. About 50% to 60% of the current
commuters should be able to telework once a week or more. This utilizes current technology and does not require any government “help”.

In all cases of efficiency, we want to measure and record the savings. With consolidated reporting, the savings can be reported to the individual company, while aggregated statistics would be provided by city, region and state. Both the estimates of costs savings for reduced travel and CO2 (CO2 equivalent) savings will be gathered. The carbon savings could, potentially, be sold as carbon
credits (like in California) or utilized by the company for its own internal costing structure in Corporate Social Responsibility reporting.

The total costs of commuting are 25 to 30 times more than the costs associated with gas. The lost hours, the stress, the likelihood of getting into accidents, etc., make the complete costs more like $35,000 to $40,000 for a single telecommuter. In 2010, based on significant available research, Kate Lister and Tom Harnish (2010) estimated that the cost savings to the employer were about $21,400 for a full-time telecommuter. The big costs are recruiting, hiring and training a replacement worker when the current employee quits because of the commute, or gets disabled from an accident because of the additional hours per week in traffic. Lister estimated only about $8,000 for the employee, including gas; but we believe it is much more – probably $10,000 to $15,000 – because we focus
on drive-alone commuters (and include costs that are reasonable, but not included in the 2010 Lister study). The environmental savings are less than $2,000 per telecommuter by Lister, but we estimate that number could be much higher, like $5,000 to $10,000, when considering the big externality costs.

All things considered, the savings from a full-time-equivalent teleworker could be $40,000 to $50,000 per year. The savings to the employer, employee and environment are massive.

Individually, we are missing big opportunities every day. Put those savings together for everyone, and it makes a world of difference.

See – well, listen, actually – to my Solar-Fit Renewable Energy radio show: Elmer Hall on 05/26/18. What do you think?

You will find other great episodes on Solar-Fit Renewable Energy Radio!:-)

References

Hall, E. B. & Hinkelman, R. M. (2018). Perpetual Innovation™: A guide to strategic planning, patent commercialization and enduring competitive advantage, Version 4.0. Morrisville, NC: LuLu Press. ISBN: 978-1-387-31010-4 Retrieved from: http://www.lulu.com/spotlight/SBPlan

Hall, E. B. & Hinkelman, R. M. (2017). Perpetual Innovation™: Patent primer 4.0:
Patents, the great equalizer of our time! An overview of intellectual property
for inventors and entrepreneurs.  Morrisville, NC: LuLu Press.  ISBN:
978-1-387-07026-8 Retrieved from: http://www.lulu.com/spotlight/SBPlan [Amazon v4.0e  ASIN: B074JJCDHG Retrieved from: http://www.amazon.com/dp/B074JJCDHG ] 

Lister, K. & Harnish, T. (2010, May). Workshifting benefits: The bottom line. Retrieved from http://www.workshifting.com

Specific Radio Show of Elmer Hall: https://soundcloud.com/flaglerbroadcasting/solar-fit-052618
The radio show archives: https://solar-fit.com/solar-fit-renewable-energy-show/

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