Energy costs are on the rise and some companies might be hitting themselves for not taking energy conservation seriously, says IT Business Edge contributor Arthur Cole. He predicts an expected price hike in oil prices this summer might push those companies, which have previously been hesitant to seek greater data center efficiency, to now embrace the idea.
"Investing in energy efficiency is tough to do during an economic downturn. It's times like these when enterprises tend to hunker down and wait for cash flows to pick up again. The danger, though, is that as the economy begins to brighten, costs for capital goods, particularly green ones, will start to climb, which means you'll have to pay more upfront for greater savings down the road."
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