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03/24/2009 11:46 AM     print story email story  

Consumers Choosing Energy Efficiency for Wallet, Not Environment

SustainableBusiness.com News

Although worried about the economy, consumers are willing to buy energy-efficient products and services, if they see immediate savings, according to a national survey released today.

The survey, one of four annual surveys conducted by The Shelton Group, found that 71% of consumers cited saving money as a reason to buy energy-efficient products. Far fewer chose "to protect the environment" (55%) and "to protect the quality of life for future generations" (49%).

That is a notable change from the surveys conducted by The Shelton Group in 2006 and 2007--before the recession--when consumers cited "to protect the environment" most often.

"Americans are concerned about their jobs, their homes and their bank accounts. They're now more focused on saving money than saving the Amazon," said Suzanne Shelton, president of The Shelton Group, which conducted the study. "Yes, conserving energy is the greenest thing anybody can do, but consumers are not buying more efficient products because they want to save the world. They want products that can save them money in the long run."

This survey matches a trend also recognized by a new Gallup poll released last Thursday, which found that more than half of U.S. adults said economic growth is the country's top priority even if it hurts the environment.

It was the first time since Gallup began asking the question in 1984, that Americans have put the economy ahead of the environment. 

While 51% said the economy is more important, 42% picked the environment.



Reader Comments (1)

Author:
Gary G.

Date Posted:
03/25/09 01:26 PM

Not surprised. That's why Obama's "Cap and Trade" carbon plan is going the way of the do-do bird. Most people have already figured out that this is a disguised tax that will drive up the cost of energy. Not that reducing carbon emissions is a bad thing, but it must be done in a way that saves the consumer money - especially at this juncture where the country is going bankrupt due to massive government overspending.

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