Can Building Green Save Me Money?
Green building is much more than just reducing a home’s environmental footprint. Homeowners can also realize direct benefits by owning a green home. Yes! You can save money!
The Benefits:
· Lower operating costs. Less expensive energy bills due to energy and water efficiency measures.
· Increased comfort. Green homes have relatively even temperatures throughout the home, with fewer drafts and better humidity control.
· Improved environmental quality. Extra attention is paid to construction details that control moisture, choose materials that contain less chemicals and design air exchange/filtration systems that contribute to a healthier indoor environment.
· Enhanced durability and less maintenance. Longer lasting materials not only require fewer resources for replacement but also reduce maintenance and repair costs. Durable building components are used that reduce the time needed for upkeep.
Incentives! Many local and state governments, utility companies and other entities across the country offer rebates, tax breaks and other incentives for adding eco-friendly elements to your life. Following are just a few of the many resources to help you find those incentives in your area.
· Search public policies
· The data base of state incentives for renewables and efficiency
· Federal tax credits for using energy efficient materials
Measurable economic benefits! Green homes have substantial re-sale value. A report released by the Co-Star Group finds that on average LEED “green” homes sell for $171 more per square foot.
Lower ownership costs! Compared with standard homes, energy star qualified homes use substantially less energy for heating, cooling, and water heating-delivering $200 to $400 in annual savings. Over the average 7 to 8 years you may live in your home, this adds up to thousands of dollars saved on utility bills. Additional savings on maintenance can also be substantial. Financing your home purchase using an energy efficient mortgage can also lead to savings.
Tags: Building Green, Save money
