Engineering Management Journal · 2012 · 38 citations · 8 references
ArchitectureConstruction ManagementEnvironmental DesignConstruction EconomicsSustainable ConstructionSustainable DesignBuilding Energy PerformanceBuilding PerformanceBuilding Performance AssessmentEnergy ConservationEnergy-efficient DesignEnvironmental Cost-benefit AnalysisBuilding Energy Certification SchemesCorrelation AnalysisDescriptive Statistics TablesEnergy Conservation In BuildingsEnergy-efficient BuildingsGreen Building Certification AnalysisOperational Energy CostsSustainable Design Strategy
Abstract:Many organizations have established policies authorizing a "green" cost premium to fund sustainable design. In order to determine whether or not this practice is supported, we collected construction, cost, and utility data on a sample of 160 LEED certified buildings. Using simple correlation and descriptive statistics to analyze the resulting database, we found operating costs in LEED certified buildings were $0.70 per square foot less than non-LEED buildings, energy costs were 31% lower, and cost premiums ranged from 2.5 to 9.4% with a mean of 4.1%. Correlation analysis suggests there are very few statistically significant correlations among the design variables.Keywords:: Leadership in Energy and Environmental Design (LEED)SustainabilitySustainable DesignFacility ConstructionGreen Cost PremiumsEngineering Economics
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William J. Fisk · Annual Review of Energy and the Environment · 2000 · 557 citations
Architecture, Building Science, Building Performance Simulation +13