Expert Voices: Paul Reale, Urban Green Council (the New York Chapter of the U.S. Green Building Council)

See on Scoop.itGreen Building Design – Architecture & Engineering

Of all the ways commercial real estate owners can spend capital, those of us in favor of environmental initiatives hope that cost-saving “energy retrofits” are somewhere near the top of that list.

 

“The “split-incentive problem” has gotten in the way for a long time. That’s where owners pay for capital upgrades to base building systems (such as HVAC and elevators) and tenants pay their prorated portion of the energy bill.”

 

“More than anything else, the solution hinges on the ability of engineers to predict the savings associated with an energy retrofit in a commercial building within +/-20%.”

 

 

See on newswatch.nationalgeographic.com

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