Newly Released Studies: Energy Savings Significant in LEED; Certified Buildings Outperform Peers in Sale, Rental and Occupancy Rates
The business case for building green just got better. Two recently released studies, one by the New Buildings Institute (NBI) and one by CoStar Group, have validated what USGBC members have been saying all along: third-party-certified buildings outperform their conventional counterparts across a wide variety of metrics, including energy savings, occupancy rates, sale price, and rental rates. In the NBI study, the results indicate that new buildings certified under LEED are, on average, performing 25-30% better than non-LEED certified buildings in terms of energy use.
Brendan Owens, USGBC’s vice president for technical development of LEED pointed out that "monitoring a building’s ongoing operations and maintenance is as important as designing a green building in the first place. High performance is a process that requires the ongoing discipline and commitment to green practices in order to deliver these savings over time." The CoStar Group study found that LEED buildings command rent premiums of $11.24 per square foot and have 3.8 percent higher occupancy rates than conventional buildings. The studies also demonstrate that there is a correlation between increasing levels of LEED certification and increased energy savings. Gold and Platinum LEED certified buildings have average energy savings approaching 50%.
Read more of this USGBC News Release here.