We use the integrated spectrum of the X-ray background and quasars Spectral
Energy Distribution to derive the contribution of quasars to the energy output
of the Universe. We find a lower limit for the energy from accretion onto black
holes of 6%, of the total luminosity of the Universe and probably more, with
15% quite possible. Comparing these values with the masses of black holes in
the center of nearby galaxies we show that the accretion process must be on
average very efficient: at least 15% of the accreted mass must be transformed
into radiated energy. This further implies that most supermassive black holes
are rapidly rotating.Comment: 8 Pages, Astrophysical Journal Letters, in pres