Blog Mike Kanellos Pacific Northwest National Labs Says Green Buildings Cut Bills By 19 Percent
Pacific Northwest National Labs Says Green Buildings Cut Bills By 19 Percent
If you needed more convincing that green, energy efficient buildings save money and increase the value of real estate, here is a report from Pacific Northwest National Labs.
Researchers at the lab examined 22 buildings owned by the General Services Administration and found that aggregate operation costs, on average, were 19 percent lower than normal. Carbon dioxide emissions were also 34 percent lower, a big consideration in Europe, Australia, California and soon other areas that have carbon regulations. Your building mints energy credits while you snooze.
The survey looked at buildings in different regions: Las Vegas, Cleveland, Omaha, Knoxville. It reads like a T-shirt from a Foghat reunion tour. Omaha's costs were 53 percent below baseline. Water consumption on average was 11 percent lower.
And satisfaction levels were 27 percent higher than normal.
These are all government buildings, but commercial buildings with lower operating costs and happier tenants fetch higher rental rates and achieve greater prices when they go on the market.
Upgrade: in a topsy turvy market for stocks, it's your best investment bet.
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