April 19, 2019 | Cutting Edge Tint | Commercial Window Tinting, Residential Window Tinting
UNEXPECTED BENEFITS OF ENERGY EFFICIENCY
Energy-efficiency projects can undoubtedly lead to reduced energy usage and smaller utility bills. Who doesn’t like the sound of those commercial real estate improvements? Energy management has also been linked to improved employee productivity and increased building valuation. There are some other green building benefits you should know about, too – they are often unexpected, but very valuable!
Investing in the right energy-efficiency projects can help reduce maintenance time, saving on labor costs. For example, according to ENERGY STAR, energy-efficient lighting systems can cut maintenance time because lamps last longer – they don’t have to be replaced as frequently.
Think about all the things you could accomplish with the savings from energy-efficiency projects. The savings can become a source of capital for other green projects, or can fund other commercial building initiatives.
A recent study conducted by the U.S. General Services Administration and the Pacific Northwest National Laboratory found that green buildings cost less to operate – by nearly 20%.
Reduced Maintenance and Operations Costs
More Money to Invest
In an example from DNV-GL, one major U.S. hotel spent an estimated $184,000 on energy-efficiency improvements. The hotel is now seeing annual savings of $58,035, offering a 3.17-year return on investment. That money could be put toward new technology, guestroom improvements, water-conservation projects, or a wide variety of other initiatives.
Reduced Risk
Because energy is a commodity, prices can vary based on supply and demand. When energy-efficiency practices are put into place, energy can become a smaller part of your organization’s operational budget. As a result, you’re less likely to be negatively impacted by energy price spikes. The less energy your building uses, the more your organization will be protected from cost fluctuations.
