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Green Building Cost Analysis for Existing Buildings

Posted by: Bhushan Avastthi | Posted on: April 23rd, 2013

There has been a misconception about the costs of green building design, LEED-certification, and construction. All these things stand as the greatest barriers to the adoption of sustainable development. There have been various studies conducted which suggests that sustainable buildings may incur increased prices beyond conventional construction costs. But the costs can be recovered over the short lifetime of the building with the help of savings in utility bills, increased property values and productivity gains.

Green Building Cost Analysis for Existing Buildings

(Image Source: facilities.ufl.edu )

Cost of Green Building:

It has been observed that the cost of green building is generally lower if done from the initial stages of modeling, and design. But if green design has to be incorporated in the existing buildings then the costs of sustainable building may increase. This is an obvious fact. Another important point to note is that an additional 3% project costs in the design phase can reduce the cost of construction by 10% which is an advantage.

Payback Period for Green Building:

Through the initial cost of green building is higher than the conventional one, the savings obtained through energy, water, maintenance, operations and health costs offer quick investment returns, which ultimately results in revenues.

It has also been observed that the environmental and health benefits of sustainable building are tremendous. One more fact that goes in favor of eco-friendly building is that with minimal increase of 2% in support of green design can yield benefits of 20% of total constructions in total life cycle which is more than ten times the initial investment. So for example; if you have made an initial investment of $ 200,000for green building out of total investment of $ 10 million; project savings will be $ 2 million in today’s dollars over the life time of the building.

LEED Analysis Services company provides green construction related modeling & analysis services for sustainable buildings. Its core strength lies in large sustainable building design projects, experienced designers and project managers from different fields such as HVAC, Plumbing, AHU, Electrical, CFD, Architecture, and Structural engineering. We offer an outsourcing firm comprising of Building Management Services experts, consultants for optimization of thermal efficiency of green projects and heat utility/recovery device designers.

LEED Consulting For Existing Building: Apart from new construction, our team is capable to analyze your existing building for LEED / green building conceptualization, modeling, facility-design, energy analysis, documentation, and building information modeling at most competitive cost for following areas.

  • Water Savings
  • Lighting & Energy Savings
  • Indoor Environment Quality
  • Green Equipment Selection
  • Sustainable Development
  • Waste & Recycling Options

May be you like to read more about : Interesting Facts about Green Building that will Impress Your Friends

About Author:

Bhushan Avsatthi

Bhushan Avsatthi is a senior manager, consultant, BIM expert and a green building advisor with more than 15 years of industry experience. Bhushan imbibes the prophecy of efficient and prudent use of energy in his day to day life and advices his team to do so as well. He is also involved in green initiatives like nonprofit tree plantation project and promotes using cycles for commuting small distances. Bhushan, handles a team of architects, Structural and MEP engineers, LEED consultants and Energy modeling experts.