Keep Your Money from Going Out the Window

We’ve all been told as children – “Turn off the lights when you’re not in the room” and “Don’t leave the water running when you’re brushing your teeth.” Now, there’s so much more we can do to conserve energy and resources in our homes and businesses. There is heightened awareness that our “small and insignificant” actions collectively have great impact on the environment and personal/corporate budgets.

To know how much energy we spend (or waste); we need to assess the situation and come up with a baseline. Just like we all go to the doctor every year and take our cars in for inspection, our homes and offices need the same check-ups. Hence, the energy audit. In short, an energy audit is a way to determine the energy consumption of a building. These audits can help individuals see where money and energy are going out the window (sometimes literally). For one of our clients, we found they were using 2.28 times the average electricity and 1.65 times the natural gas for buildings of their type. We identified 15 Energy Conservation Measures totaling a possible savings of $615,000 and approximately 30% reduction in energy use. These audits help identify troublespots in the property and methods for improving the building’s performance. Alterations can be as simple as changing light bulbs or as complex as overhauling the heating and cooling systems.

Being efficient is more than saving money; it’s about preserving our natural resources and minimizing our impact on the environment. Many elite corporations are leading the charge by greening their business practices and supply chains. They’re educating their employees on how to make eco-friendly decisions. Further, they’re investing in their buildings via retrofits and even building according to green standards such as LEED.

Building green is booming because this generation demands socially responsible corporations and healthful work environments. Unfortunately, some still cite heavy upfront costs as an obstacle to building green – materials are more expensive, the LEED process comes with additional costs and it just takes more planning and innovation.

Great ideas, innovation and progress come from challenging situations fraught with limited resources. In the case of building green, the financial aspect is favorable to the cause. A USGBC-funded study of LEED buildings in NYC found that there was no significant price differential for construction costs between LEED and traditional buildings. According to the analysis, the average construction cost for a LEED high-rise residential building was $440/sf and $436/sf for non-LEED. I think an extra $4/sf investment is worth it, especially since the returns include better air quality, lowered utility bills, increased productivity and less pollution-spewing buildings.

If we’re going to tackle the looming issue of global warming, we need to take one conscientious step at a time – whether it’s turning off the light, doing an energy audit, investing in a retrofit or starting from scratch and building green.

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Filed under Building efficiency, commissioning, Retrofit

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