03_-_Chap_13_-_Cost_of_Green_Building

03_-_Chap_13_-_Cost_of_Green_Building - Chapter 13 Economic...

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Unformatted text preview: Chapter 13 Economic Analysis of Green Buildings Brother Burr Stewardship The Lord said: Yea, all things which come of the earth, in the season thereof, are made for the benefit and use of man, both to please the eye and to gladden the heart; . . . And it pleaseth God that he hath given all these things unto man; for unto this end were they made to be used, with judgment, not to excess, neither by extortion (D&C 59:18-20). What is lacking so often is not the engineering to produce what grows out of the world of technology, but the human engineering necessary to share that which we have. Sharing with generations yet unborn, however, is also rooted in brotherhood and love. Whatever mortal reasons there are to be concerned about [the] environment, there are eternal reasons, too, for us to be thoughtful stewards. President Brigham Young said: Not one particle of all that comprises the vast creation of God is our own. Everything we have has been bestowed upon us for our action, to see what we would do with itwhether we would use it for eternal life and exaltation, or for eternal death and degradation (JD 8:67, 1860). (TETB, p. 644) - Ezra Taft Benson Chapter 13 Economic Analysis of Green Buildings Brother Burr Two Schools of Thought 1. The cost of green buildings should be the same or lower than conventional buildings Due to integrated design & smaller HVAC systems. 2. Green buildings will inevitably have a higher first cost, but they should have a lower life-cycle cost. Cost Premiums Derived from 33 LEED-NC Rated Buildings LEED Rating Sample Size Cost Premium Platinum 1 6.50% Gold 6 1.82% Silver 18 2.11% Certified 8 0.66% Average 1.84% Derived from a survey of 33 green buildings conducted in 2003 by Gregory Kats of Capital-E Analysis for the State of California and the USGBC and reported in Green Building Costs and Financial Advantages by Kats (2003). Advantages by Kats (2003)....
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03_-_Chap_13_-_Cost_of_Green_Building - Chapter 13 Economic...

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