IBM energy efficiency program saves $43 million

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Armonk, N.Y., July 2, 2012 — IBM saved more than $43 million in electricity expenses and conserved 378,000 MWh of electricity last year, enough to power almost 34,000 average U.S. homes for a year.

IBM's energy conservation projects delivered savings equal to 7.4 percent of the company's total energy use, exceeding the annual goal of 3.5 percent. This was the result of an ongoing program involving 2,300 conservation projects at more than 364 IBM facilities around the world.

IBM will continue these conservation efforts and aim to eliminate 1.1 million MWh of energy consumption by the end of 2012.

From 1990-2011, the company's energy conservation efforts have avoided 5.8 billion kWh of electricity consumption, nearly 3.8 million metric tons of carbon dioxide emissions, and saved the company $442 million.

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