Owens Corning Chief Energy Officer Urges Proper Insulation for Improved
Energy Efficiency in Buildings
TOLEDO, Ohio - /PRNewswire/ — Armed
with survey results revealing public misperceptions about energy use, The Pink
Pantherâ„¢, Chief Energy Officer at Owens Corning (NYSE: OC), broke his decades of
silence on October 9, 2008 to focus national attention on the massive amount of
energy used to heat and cool buildings. According to the U.S. Department of
Energy (DOE), 40 percent of U.S. energy is swallowed by buildings, yet most
Americans believe transportation and industry are the largest offenders.
In a recent survey conducted by Owens Corning, only 27 percent of Americans
correctly identified buildings as the major energy culprit. More survey
participants singled out transportation and industry as the primary users of
energy. Buildings are clearly the primary energy user followed by industry and
transportation.
"That startling lack of awareness compelled The Pink Panther to cease his
lifelong silence," said Frank O'Brien-Bernini, Chief Sustainability Officer at
Owens Corning. "The Pink Panther has agreed to be part of a nationwide campaign
to draw attention to the facts."
Communicating directly through his Save Energy blog, The Pink Panther wrote
that the Owens Corning survey reveals a deep lack of understanding about the
greatest source of energy use - the buildings in which we live and work.
"People keep searching for answers to our energy problems while the answer is
all around us," wrote The Pink Panther. "By focusing on the role our buildings
play in energy consumption and making simple, easy changes such as adding
insulation, we will use a lot less energy."
O'Brien-Bernini said heating and cooling of buildings in the U.S. is also a
leading contributor of greenhouse gas emissions - a fact that is not commonly
understood. According to a global study by the McKinsey Global Institute, the
most cost-effective method for decreasing greenhouse gas emissions is insulating
buildings. Yet only 8 percent of survey respondents correctly identified
insulation as this most powerful tool, compared to other options such as hybrid
vehicles or energy-efficient appliances.
"Imagine what a difference we can make if owners of our nation's nearly 80
million under-insulated homes realize they can easily decrease their carbon
footprint by properly insulating," said O'Brien-Bernini. "Our best source of
energy is energy we don't use in the first place."
With homeowners everywhere worrying about the economy and winter on the
horizon, insulation saves on energy bills. A properly insulated home can save up
to 20 percent on heating and cooling costs* - and is an easy do-it-yourself
project. It is interesting to note that 68 percent of survey respondents would
be willing to pay up to as much as $10,000 more for a home that could help save
up to 20 percent on heating and cooling energy-related bills.
The Pink Panther and Owens Corning urge homeowners to head up to their attics
to measure their existing insulation and add more to meet current DOE
recommendations of up to an R-value of 60. To meet these standards, your attic
should have at least 19 inches of fiberglass batt (roll) insulation or 22 inches
of blown insulation. By doing so, homeowners will increase their homes' energy
efficiency, do more with less and save money this winter.
For more information about current DOE standards, the benefits of insulation
and easy instructions about measuring and adding insulation, please visit www.InsulateAndSave.com.
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential and
commercial building materials, glass fiber reinforcements and engineered
materials for composite systems. A Fortune 500 company for 54 consecutive years,
Owens Corning is committed to driving sustainability through delivering
solutions, transforming markets and enhancing lives. Founded in 1938, Owens
Corning is a market-leading innovator of glass fiber technology with sales of $5
billion in 2007 and 18,000 employees in 26 countries on five continents.