What are the cost savings of Green Buildings?
The green building approach applies a project life cycle cost analysis
for determining the appropriate up-front expenditures. This
analytical method calculates costs over the useful life of the asset.
Some benefits, such as improving occupant health, comfort, and productivity,
and reducing pollution and landfill waste are not easily quantified.
Consequently, they are not adequately considered in cost analysis.
This could be achieved by expanding the traditional company-reporting
framework to take into account not just financial outcomes but also
environmental and social performance.
Cost savings can only be fully realized when they are incorporated
at the project's conceptual design phase with the assistance of
an integrated team of professionals. The integrated systems approach
ensures that the building is designed as one system rather than
a collection of stand-alone systems. Resulting in a high efficiency
building with lower operating costs than traditionally built structures.
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