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Owners that install green technology receive a significant payback on their investment. These sophisticated control systems that owners are investing in help reduce energy costs and save money on the initial capital investment over many years. When owners invest in more sophisticated energy controls, they also create a better indoor environment.
The economic gains for building owners who invest in green technology go beyond the monthly reductions in energy bills. Green buildings reflect attention to detail, which ultimately results in a Class-A product. Regarding the benefits of investing in energy controls, the better the system you have, the higher the quality of your building.
The pricing premium that buyers are willing to pay for some newer buildings is a byproduct of owners' investment in energy-efficient features. It's not simply because these buildings are newer, it's because they're better.
Excerpts from National Real Estate Investor: It Pays to Be Green. |
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