Consider these factoids about the bottom-line benefits of green retrofits in the November-December issue of Distributed Energy Journal’s online edition:
- In just 3 years the entire $550 million cost of renovating the Empire State Building will be repaid from energy savings.
- After the renovations pay off, the Empire State Building will continue to save energy costs to the tune of $4 million a year. And when energy prices go up, savings will increase.
- Every $100,000 you spend to reduce an energy bill increases the value of the building when you sell it by 10 times. That is the experience of the State of New Jersey’s Commercial & Industrial Clean Energy Programs.
- In a study by the CoStar Group tenants reported 30% fewer sick days for employees.
- CoStar researchers also found that building owners report shorter lease signings and higher occupancy than comparable buildings and rents that ranked above industry averages.
Spending money on energy savings is a no-brainer.