green roof

The Benefits of Green Roofs

green roofGreen roofs offer a number of benefits, according to David Charron, the President and CEO of MRIS, a multiple listing service in Rockville, MD.

Charron posted a commentary in The Washington Post to extol green rooftops. One of the big advantages, he writes, is that they “drastically lower utility bills” by lowering the temperature of the building and, thus, reducing the need for air conditioning.

The story provides short profiles of two projects in the Washington, D.C., area: The RiverSmart Rewards program focuses on storm water management, which has a rooftop element. The Anacostia Watershed Society offers rebates of $10 to $15 per square foot for installation of green roofs.

A study by BCC Research found that green roofs are gaining traction across the globe. The value of the green roof market in North American last year was $130.1 million. It will have a compound annual growth rate (CAGR) through 2020 of 34.9 percent, which will bring the value of the North American market to $582.1 million.

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