Just heard on NPR that with all this cold weather, Buckingham Palace is looking to energy efficiency to help reduce costs. At 77,000 square feet, an energy upgrade that saved just 20% of their energy, the Queen could save this much:
$160,000 per year!
This big number is partly because the cost per kWh in Great Britain is somewhere around $.52 – a little more than four times what we pay here.
Maybe the Queen should call us, though. Our average energy retrofit has saved 27%, which would bring the number to a cool $216,000. Per year. Every year.
Moral of the story: Big house? Big savings.
(Euros were converted to U.S. dollar equivalents, and likewise, meters to square feet).