9/23 – LEED Certification, Energy Efficiency Increase Property Values Wednesday, September 23rd 2015 From Energy Manager Today:
Green building is seeing dramatic growth, according to the USGBC. This year it is estimated that 40% to 48% of new nonresidential construction will be green, equating to a $120-145 billion opportunity.And 62% of firms building new single-family homes report that they are doing more than 15% of their projects green. By 2018, that will increase to 84%. Strong market demand is driving growth, in large part because of a significant cost savings for businesses and tax payers. Property owners benefit from low rental vacancy rates from LEED-certified buildings and from increased property values, the USGBC says. In 2014, the DOE reported in its Energy Efficiency & Financial Performance study that buyers pay 10 percent to 31 percent more for LEED-certified properties. Large buildings are far more likely than small buildings to qualify as green, at 62% and 5% respectively, according to a study by CBRE Group and Maastricht University. The 2015 Green Building Adoption Index found that 62.1% of office buildings in the US greater than 500,000 square feet hold either an EPA ENERGY STAR label, US Green Building Council full-building LEED certification or both. In contrast, only 4.5% of all US office buildings less than 100,000 square feet qualified as green. Read more at EnergyManagerToday.com |
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