Energy Codes Help Drive Green Building, Says Lux Research
In the United States, green buildings command an estimated 20 percent of new construction, according to Lux Research, which found energy efficiency codes offer market opportunity.
While green building standards like LEED helped build market demand for green buildings, building energy efficiency codes such as ASHRAE 90.1, IECC and ECBC India can create a much larger market opportunity, says the Lux Research report “Cash Is King: Assessing the Financial Performance of Green Buildings.”
Besides energy codes driving green building, economic benefits are spurring interest. Lux Research’s analysis found that buildings with LEED Gold certification outperform their peers in terms of rental income and resale value. For instance, higher rental income added $4.1 million in value to a 80,000-sq-foot commercial building in Los Angeles.
- 2015 Insider Knowledge
- 2016 Environmental Leader Product & Project Awards
- The Missing Puzzle Piece: Automated Utility Data Aggregation
- Improve Occupant Comfort & Reduce Energy Costs Through Humidity Control
- Four Key Questions to Ask Before Your Next Energy Purchase
- The New Energy Future - Challenges and Opportunities in Corporate Energy Management
- Choosing the Correct Emission Control Technology
- 10 Tactics of Successful Energy Managers
- Increase the Value of Demand Response Through Automation
- Energy Manager Today Awards Top Products and Top Projects of the Year