From our friends at TriplePundit comes this story about the true costs of green building.
Cost the biggest misconception have about green building, and the one I seem to be fighting to change in peoples minds the most. I have said for years now there is no discernable difference in cost. In fact, we only encounter three items with any cost increase:
* solar panels: but have a 5-10 year payback.
* FSC Certified Wood costs 20% more than the bad wood, and with no return on its investment (other than being the right thing to do.
* Graywater systems: water is still so subsidized that the return on investment is LONG, but that will change as the future wars on water begin.
from Triple Pundit:
Well, according to WBSBD those tangible, financial costs may be over-stated by as much as 300%! That should be more than enough to get most construction projects thinking a little harder about engaging in at least some basic green practices.
The full report is available here. The bottom line suggest that the 17% premium originally suggested for “green” projects is really more like 5%.
