DOE Releases Better Buildings Initiative Report, Revealing Nearly $22 Billion in Energy Savings

The US Department of Energy (DOE) has released its “2024 Better Buildings Initiative Progress Report,” which showcases the accomplishments of public and private sector partners in advancing decarbonization and enhancing energy efficiency in buildings, manufacturing facilities, and homes. 

According to the report, partners—including 28 Fortune 100 companies and over 90 state and local governments—have saved nearly $22 billion through efficiency measures and reduced greenhouse gas emissions by more than 220 million metric tons since 2011.  

This reduction is roughly equivalent to the annual emissions of 29 million households.  

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The Better Buildings Initiative, driven by the DOE, supports cost-effective decarbonization strategies across commercial, industrial, and residential sectors.

 It aligns with the Biden-Harris Administration’s comprehensive approach to reducing energy costs for families and businesses while addressing the climate crisis. 

“DOE’s Better Buildings Initiative is helping organizations of all sizes from every corner of the country and every sector of the economy lower energy costs and save money—to the tune of $22 billion,” said U.S. Secretary of Energy Jennifer M. Granholm.

She added, “Under President Biden and Vice President Harris’ leadership, DOE will continue building the strong public-private sector partnerships we need to tackle the climate crisis and secure our clean energy future. 

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The Better Buildings Initiative facilitates collaboration between DOE and public and private stakeholders to achieve ambitious goals in reducing energy, waste, water, and emissions across entire portfolios.  

Partners in the program openly share their strategies, allowing other organisations to replicate their achievements.  

The initiative drives significant decarbonisation progress across various sectors of the national economy by enhancing building design, materials, equipment, and operations.