in

Green Building – The Benefits of Going Green and What it Means for Your Bottom Line

Single green building shines among many grey buildings

The environment is in dire need of help and that’s why sustainability is important in all areas of life. Many products now claim to be made from environmentally friendly ingredients or with technology that saves energy. There are more and more green products every day. You can find energy efficient LED bulbs, low emission paint, and recycled products of all sorts.

These products often cost more at the outset but the result is usually a cost-effective system that lasts.

Offices and company buildings are especially good at making environmentally friendly work for them. Of course, there are many benefits in this for the environment but there are also benefits to your bottom line.

Boosting Your Bottom Line

When it comes to environmentally friendly changes, this is not just great for branding and your public image but also your bottom line.

For instance, if you insulate better, that’s certainly a green building but it also makes your heating and cooling bills a lot lower. LED light bulbs are great for the environment but also great for your electric bill. If you have a better air conditioning system, it’s going to be better for the environment and your utility bills. All of this also helps employees work better and be more productive.

Of course, many business owners are asking how long would it take for them to get that money they initially spent back. This is something you need to consider. For instance, an energy efficient appliance could take 10 years to pay for itself but it might have only 15 years before you have to replace it. This is the worst case scenario for you. However, many things don’t take that long to pay themselves off and they last much longer.

Another thing that you could take into consideration is the fact that utilities and government often offer incentives or grants for companies that start a green retrofit process in their company.

Light Savings

When you want to have a more energy efficient building, you should first consider the lighting as a logical place to start. It’s the easiest step and least expensive too.

Of course, this is not the only way to help your company be more energy efficient when it comes to lighting. Sometimes there are too many light fixtures in a single space. Most of them are not necessary. For example, space could have 20 light fixtures but only need 10. This means that you should remove the ten that are not necessary.

Then you can change the bulbs to more energy efficient ones and get the most out of that since energy efficient bulbs don’t need to be replaced that often. In fact, the LED bulb can last up to 11 years while using less than a quarter of the electricity than the regular ones used.

Most offices, however, have those old fluorescent lights which are less efficient LEDs and they give out that cold feeling which may make some people depressed or simply less productive.

These can be complicated to replace with LEDs or CFLs but it can be worth it. But if you don’t want to go for that right now, you can install newer fluorescent light fixtures like the T-8 which are energy efficient and don’t flicker, providing a pleasant light for your office.

When you are switching to more energy efficient lighting, you should look up whether you qualify for a rebate or some other incentive that could help you save money.

Another great way to save on lighting is to use the sun as much as possible. Sunlight is always available and it’s free. So, you can make use of all of the benefits the sun has to give in your office. It also improves the look and feels of your office, as well as how your employees fee.

It can lower your lighting costs as well. There’s less strain on the eyes of people working in the offices and the light reinforces their circadian rhythms, allowing them to feel better in general.

You can renovate your office and make the sunlight a natural part of its design. However, there is a problem with daylight in that it is difficult to control and could provide glare. It can also overwhelm a space when it’s sunny and distract people. In the winter, it can drive up heating costs because windows are not so great at insulating.

Fortunately, you can add window film and treatments. It makes it easier to use daylight and it can mitigate all of the problems. There are some grants and rebates that can help you pay for this element.

Daylight sensors can come in as excellent options too. This way, the artificial light can naturally replace the natural light without anyone having to turn your light on. These may cost a bit but there may be some incentives for this as well as it enables energy saving.

You can also get an occupancy sensor which could turn the lights on when someone enters the room and then turn them off when someone leaves.

Plug load management

Another way to reduce your bills and be more green as a company is to cut the plug load, otherwise known as vampire load which is a constant drain of electricity made by computers and other office equipment.

You can put computers on a sleep mode which reduces the plug load or electricity drain. However, this isn’t the best solution really. The better way to do it is to use timers to control the use of electricity

This could put office machines on a timer and then it can be monitored through a computer. You could reduce your energy consumption for each appliance by 40%. This is because it would be turned off 40% of the time. There are incentives for this as well.

You can improve and update your electrical and lighting system as well. Although, this option is a bit more expensive. However, the changes offer a payoff in better branding, lower bills, and generally a better bottom line.

Rental Issue

Many businesses rent their spaces too. This makes going green a bigger issue for them. This is called the split incentive.

The fact is that they don’t own any of the space or the appliances and systems but they have to pay the bills. The landlord owns it but they don’t pay the bills. There is an imbalance because the landlord has no incentive to go green because they are not paying bills. The business owner isn’t sure how profitable this is because they will pay lower bills but they don’t get to keep anything they have paid for in case they have to move out.

It ends up being no one's interested to pay for the improvements.

Some organizations are developing green leases which can fight this. But for now, the situation isn’t clear when it comes to changes.

The bottom line

For many companies, the decision to make the change for greener ways has come with lower utility costs. Between the electricity, heating, and cooling bills, with these reductions, any company can save a lot of money.

But another area where it’s important to go green is in the employee area. You need to make the space more green and beautiful for them. With proper cooling and heating, enough space and natural light in the room, your office can actually be pleasant for work. This means that your employees will be more productive and do more in general. Employee retention will also be bigger and their health as well.

Sources:

https://www.inc.com/sean-stein-smith/why-going-green-is-good-for-the-environment-and-yo.html

https://www.business.com/articles/sustainability-bottom-line/

Leave a Reply

Your email address will not be published.

Written by Megan Hegle

High Efficiency Battery Chargers – Which One Should You Buy?

How to Save Money & Lower Your Electric Bill in an Apartment