Cost Benefits of Green Building Published Report.
By David Popoff, Realtor®,SRS, Green ~ Fairfield County, Ct
(DMK Real Estate )
Cost Benefits of Green Building Published Report. The World Green Building Council recently published a 124 page report on “The Business Case for Green Building” detailing the cost benefits of building built to sustainable standards like LEED and Energy Star. Green Building do not need to cost more than non-green buildings as building practices and materials are becoming more mainstream. Various studies from between 2000 to 2012 show that actual cost premiums can range from zero to 12.5% with the higher prices directly relating to a higher standard of green features. Studies also show that certified green buildings both commercial and residential can command higher prices up to 30% more. One study said”… a one-dollar saving in energy costs per square foot (about a 50 percent reduction i...