The city of Houston is offering commercial building owners up to $200,000 in incentives to improve energy efficiency, putting a special emphasis on retrofitting older and smaller buildings. The city will pay to offset 20 percent of the labor and material costs of projects that improve a building’s efficiency by at least 15 percent, said [...]
As I have mentioned previously, I am a big believer in the notion, “Follow the money.” Hat tip to Green Tech Media and Venture Beat’s Green Beat that do great jobs on the money that flows into the space. Cleantech saw $7.8 Billion in 2010 (the most post-credit bubble), but that was somewhat tempered with [...]
As we mentioned in an April blog post here, VP Biden is a big believer in retrofits. On Tuesday, Biden and HUD announced a new pilot program that will offer credit-worthy borrowers low-cost loans to make energy-saving improvements to their homes. Backed by the Federal Housing Administration (FHA), these new FHA PowerSaver loans will offer [...]
A recent DOE technical release by the NREL and the DOE shows that 50% net site energy savings can be achieved in both low-rise and high-rise large office buildings in a range of climates representative of the spectrum of U.S. weather conditions. (They modeled in various parts of the country.) Per the report, the following [...]
CoStar Vice President of Analytics Norm Miller found that LEED-certified office buildings command a $2.05 per square foot rental premium over all office buildings (multi-tenant, built since 1995.) What about in this economy? Prior to the recession, LEED-certified buildings enjoyed noticeably faster lease-up times and lower vacancy rates in addition to commanding higher rental premiums [...]
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