Go Green” To Increase Revenues and Profits
Reducing utility costs is good for the bottom line but there are many other financial benefits to reducing energy consumption.
The US Green Building Council tells us on average a green building benefits from:
30-50% reduced energy use
35% reduced carbon emissions
40% reduced water use
70% reduced solid waste
So what does that really mean in real value to a business or property owner in terms of value beyond lower utility costs? The following include brief facts illustrating some other demonstrable benefits of going green .
PR Opportunities:
Improving how energy efficient your facility is:
Protects global resources
Decreases pollution & emissions generated during the energy production process
Protects the environment
Reduces solid waste
Improving the efficiency of your facility:
Provides you the ideal opportunity to gain constructive no cost publicity
Allows you to represent your business in a positive light
Gives your local community & your marketplace a depiction of your company as a responsible steward of the environment.
Considerable Economic Benefits:
In addition to reducing your energy costs going green :
Reduces maintenance replacement & production downtime costs via longer life expectancy of the different loads ranging from lighting systems to HVAC systems to production equipment
Increases the asset value of the property & enhances profitability
Improves tenant attraction & retention for building owners & leads to higher
premium tenants & higher-end leases
Demonstrates the strength & intelligence of your executive team & attracts
clients & investors
Improves worker productivity & safety & reduces absenteeism & turnover via
improved lighting & indoor air quality & comfort. According to the US Green
Building Council green buildings save $58 billion of sick time & add $180
billion in increased worker productivity annually.
In the end the decision by a company or organization regarding improving energy efficiency will be based for the most part on cost effectiveness measures such as rate of return on the investment or project cost. Nevertheless it would be prudent to acknowledge & consider the other aforementioned considerable benefits of going green as a part of the decision making process.
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