Energy Efficiency Is Valuable: Find Out The New Green Way
Everyone knows that reducing the utilities cost center for a corporation or organization is good for the bottom line but there are several other financial benefits to reducing energy consumption.
On average a “green building” enjoys: – 30-50% reduced energy use – 35% reduced carbon emissions – 40% reduced water use – 70% reduced solid waste But what does that really mean in real value to a building owner or company in terms of value beyond lower utility costs? Following are brief facts that show the additional, verifiable benefits of “going green”. Public Relations Opportunities: Improving the efficiency of your facility: – Conserves natural resources – Reduces pollution and emissions generated via energy production – Protects ecosystems – Reduces solid waste accumulation More than that though, improving the efficiency of your facility: – Gives you the perfect opportunity to garner constructive, free publicity and press – Allows you to portray your company in a positive light – Gives your community and the world a picture of your company as a responsible corporate citizen and steward of the environment.
Significant Financial Benefits:
In addition to reducing your utility bills, “going green”:
- Reduced maintenance, replacement and production downtime costs due to greater longevity of everything from lighting systems to HVAC systems to production equipment
- Improves the asset value of your property and increases profitability
- Improves tenant attraction and retention for building owners and leads to higher premium tenants and higher end leases
- Shows the strength and astuteness of your executive management and attracts customers and investors
- Improves worker productivity and safety and reduces absenteeism and turnover via improved comfort, lighting and indoor air quality. According to the US Green Building Counsel, “green buildings” save $58 billion of sick time and add $180 billion in increased worker productivity annually.
Ultimately a go / no go decision by a company or organization regarding improving energy efficiency should be based largely on cost effectiveness measures and rate of return on the initial investment. However, it would be a mistake not to acknowledge and consider these other significant benefits of “going green” as part of the decision making process.
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