Green building is cost-effective
1. Upfront investment in green building makes properties more valuable, with an average expected increase in value of 4 percent. By virtue of lowered maintenance and energy costs the return on investment from green building is rapid: green retrofit projects are generally expected to pay for itself in just seven years. 3
2. Green buildings reduce day-to-day costs year-over-year. LEED buildings report almost 20 percent lower maintenance costs than typical commercial buildings, and green building retrofit projects typically decrease operation costs by almost 10 percent in just one year. 4, 5
3. Between 2015 and 2018, LEED-certified buildings in the United States are estimated to have $1.2 billion in energy savings, $149.5 million in water savings, $715.2 million in maintenance savings and $54.2 million in waste savings. 6
The benefits of green building are expanding the market and breaking records
1. The green building sector is outpacing overall construction growth in the United States and will continue to rise. By 2018, green construction will directly contribute 1.1 million jobs and $75.6 billion in wages by 2018 in the United States. The industry’s direct contribution to U.S. Gross Domestic Product (GDP) is also expected to reach $303.5 billion from 2015-2018. LEED building construction projects are estimated contribute 386,000 jobs and $26.2 billion in wages by 2018. 7
2. As of May 2018, more than 19.8 billion square feet of building space is LEED-certified worldwide and an approximately 2.2 million square feet achieves LEED certification each day.