Professional Documents
Culture Documents
Research Report Final
Research Report Final
Cameron Diaz
Professor Connie Douglas
English 2116 008
2 November 2016
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system serves as a method of standardization and oversight for
environmental performance designed for new and existing commercial,
institutional and residential buildings (Richards 1). To summarize, LEED
Certification is here as a grading rubric to help guide the country in a more
sustainable direction. There are five areas that LEED Certification focuses on:
water savings, energy efficiency, material selection and indoor
environmental quality. To obtain certification, one must submit an application
documenting compliance with the requirements of the given rating system.
After doing that, one must pay the registration and certification fees.
General LEED Certification contains four different ranks that you can reach
based on a point system:
1.
2.
3.
4.
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single LEED project that will then receive a single LEED rating and
certification. (Guide to LEED Certification: Commercial 1).
The road to LEED Certification is one that is truly an investment with
several returns. Some of the benefits include: more cost-effective buildings,
better performance from employees and the buildings, lowering utility bills,
reducing impact on the environment, and increased recognition. Although
the upfront investment is higher than non-LEED Certified buildings due to the
higher cost for sustainable equipment such as; solar panels, low energy air
systems, etc., in the long run it has been proven to be worth the increase in
startup costs; green retrofit projects are generally expected to pay for itself
in just seven years (Benefits of Green Building 1). In the following section,
the financial benefits of LEED Certification will be discussed in full.
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considering going more sustainable; only a small investment in construction
can lead to huge return over the long run.
LEED Certified buildings have been shown to have a significant
percentage lower operation costs, and this can lead to big savings. In 2014,
it was reported that the University of Hawaii had saved $3.4 million in just
2014 by reducing energy usage in their LEED Certified buildings (The
Business Case for Green Building 1), this is where the big savings come from!
LEED-certified buildings have been proven to use 25% less energy and a
19% reduction in aggregate operational costs in comparison to non-certified
buildings. (The Business Case for Green Building 1). When reducing energy
usage by this much, it allows for a much lower operating cost due to lower
electricity and water bills. Bank of America had reported that since 2014,
their LEED Certified buildings had saved $227 million in energy costs since
2004 (Marcacci 1). If youre renting out homes, or apartments, by becoming
certified you can increase your new buildings value by around 10% and even
renovate projects for around a 7% increase (The Business Case for Green
Building 1).
Building green can also have some more direct financial incentives;
these incentives include tax credits, fee reduction, grants, revolving loan
funds, and also rebates. These grants are awarded to developers to help pay
for the buildings certification and other fees required for green building;
although, it will require a financial investment by the city. Revolving loan
funds come from programs that allow, those who are taking loans, to save
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money by lowering the interest rates when building green. When it comes to
tax credits, USGBC.org states that: Many municipalities already offer tax
credits as a means of advancing specific policy agendas. These same
principles can be applied to homes or developments that achieve certain
green building goals. (The Business Case for Green Building 1). The tax
credits may be carried forward up to 20 years.
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Employees working in the LEED-certified branches of the same financial
institution were found to be "more productive and engaged in their work.
(The Business Case for Green Building 1).
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growing market for sustainable businesses and homes; there is no time
better than now to get involved.
Conclusion
With global warming on the rise and the supply of energy commodities
dwindling, the journey to a more sustainable planet starts with LEED
Certification. Buildings are liable for large amounts of resource consumption,
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gas emissions, and energy use, so there is no better place to start the
investment for a higher quality future; In the United States alone, buildings
account for almost forty percent of national CO2 emissions and out-consume
both the industrial and transportation sectors (Benefits of Green Building 1).
Health, reducing environmental damage, lower operation costs, smaller
carbon footprints, and wide recognition are only some of the benefits
stemming from green buildings. LEED Certification is the pioneer, forging the
path to greater sustainability and innovation, helping drive the greatest
minds to rethink and produce a better world to live in.
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Work Cited
"Operating Expenses and the Rent Premium of Energy Star and Leed Certified
Buildings in the Central and Eastern U.s."Reichardt, Alexander. "Operating Expenses
and the Rent Premium of Energy Star and Leed Certified Buildings in the Central and
Eastern U.s." The Journal of Real Estate Finance and Economics. 49.3 (2014): 413433. Print.
Altomonte, Sergio, and Stefano Schiavon. "Occupant Satisfaction in Leed and
Non-Leed Certified Buildings." Building and Environment. 68 (2013): 66-76. Print.
Azhar, Salman, Wade A. Carlton, Darren Olsen, and Irtishad Ahmad. "Building
Information Modeling for Sustainable Design and Leed Rating Analysis."
Automation in Construction. 20.2 (2011): 217-224. Print.
El-Rayes, Khaled, Moatassem Abdallah, and Liang Liu. "Minimizing Upgrade
Cost to Achieve Leed Certification for Existing Buildings." Journal of Construction
Engineering and Management. 142.2 (2016). Print.
Glazer, Breeze,L.E.E.D.A.P.B.D.+C., Guenther, Robin, FAIA,L.E.E.D.A.P.B.D.+C.,
and Gail Vittori L.E.E.D. "What's it Worth?" Health facilities management, vol. 27, no.
4, 2014., pp. 41-44https://librarylink.uncc.edu/login?
url=http://search.proquest.com.librarylink.uncc.edu/docview/1519062161?
accountid=14605.
Kats, Greg. "The Costs and Benefits of Green Architecture." SciVee (n.d.): n.
pag. 03 Oct. 2003. Web. 15 Nov. 2016.
"Leed-certified Projects: Green or Sustainable?" Karakhan, Ali A. "Leedcertified Projects: Green or Sustainable?" Journal of Management in Engineering.
32.5 (2016). Print.
Lee, Young, and Denise Guerin. "Indoor Environmental Quality Related to
Occupant Satisfaction and Performance in LEED-Certified Buildings." Indoor and
Built Environment. 18.4 (2009): 293-300. Print.
Matisoff, DC, DS Noonan, and AM Mazzolini. "Performance or Marketing
Benefits? the Case of Leed Certification." Environmental Science & Technology. 48.3
(2014): 2001-7. Print.
National Cancer Institute. "Formaldehyde and Cancer Risk." National Cancer
Institute. N.p., n.d. Web. 21 Nov. 2016.
LEED-Certified Lighting Pays Off in Other WaysLane, Keith. "How to - LeedCertified Lighting." Consulting-specifying Engineer. 37.5 (2005): 55. Print.
Richards, Jennie. "GREEN BUILDING: A Retrospective on the History of LEED
Certification." (n.d.): n. pag. Institute for Environmental Entrepreneurship. Web. 10
Oct. 2016.
"Guide to LEED Certification: Commercial." U.S. Green Building Counsel. N.p.,
n.d. Web. 5 Oct. 2016.
"Benefits of Green Building | U.S. Green Building Council." U.S. Green Building
Council. N.p., 01 Apr. 2016. Web. 21 Nov. 2016.
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"The Business Case for Green Building | U.S. Green Building Council." U.S.
Green Building Council. N.p., 10 Feb. 2015. Web. 21 Nov. 2016.