Fact Checks


  • FACT: Rigorous, market-based standards such as the LEED program have achieved significant energy, water, and cost savings in buildings.

  • What is LEED? LEED (Leadership in Energy and Environmental Design) is a voluntary, consensus-based, market-driven program that provides third-party verification of green buildings. Developed by the U.S. Green Building Council (USGBC), LEED is transforming the way buildings, homes and entire communities are designed, constructed, and operated. Comprehensive and flexible, LEED addresses the entire lifecycle of a building.  (U.S. Green Building Council, http://bit.ly/UzFr9q)

  • The LEED program has grown in popularity largely because of free market success. According to USGBC, "The vast majority of LEED projects is in the private sector and receives no incentive to pursue LEED…" (Source: U.S. Green Building Council, http://bit.ly/XOBouL )

  • An independent study by the General Services Administration (GSA) found that "LEED Gold buildings are top performers," beating the national average of all buildings for water savings, total CO2 emissions, utilities costs and aggregate operational costs, among other categories. (Source: GSA Public Buildings Service (2011), http://1.usa.gov/nqPlxK ) .

  • Operational costs as a whole for LEED Gold buildings are 34% less than the national average for commercial real estate. (Source: GSA Public Buildings Service (2011), http://1.usa.gov/nqPlxK ).

  • A study conducted by the University of Notre Dame found that PNC Bank's LEED-certified branches reported annual revenues averaging more than $3 million higher than their non-certified counterparts, averaging $461,300 in extra sales per employee.  (Source: Conlon, E. and Glavas, A. (2012), http://bit.ly/XOBPFs )

  • Researchers at Notre Dame also found that PNC's annual utilities cost per employee in their LEED facilities was $675.26 lower than in non-certified branches. (Source: Conlon, E. and Glavas, A. (2012), http://bit.ly/XOBPFs )

  • Energy efficiency saves money for the taxpayers too. According to Jeffrey Zients, Acting Director of the Office of Management and Budget, "Investments in energy efficiency [for government buildings] over the last four years alone are expected to save as much as $18 billion in energy costs over the life of the projects." (Source: The White House, http://1.usa.gov/TIxYXb)

Latest Tweets

EnergyFactCheck
Global #utility M&A activity is up 105% in Q2, with #renewables and regulated assets attracting the most investment https://t.co/3vWj8nAgGh
EnergyFactCheck
#NetZero schools enjoy benefits that extend far beyond #energy cost savings! Check it out: https://t.co/tmn3N3IB3q https://t.co/gBwbiBvwHL
EnergyFactCheck
The #BlockIslandWindFarm has five turbines with a total generating capacity of 30MW — enough to #power 17,000 homes! https://t.co/UlNmNB5WJa
EnergyFactCheck
180,500 #EVs and #PHEVs were sold in the first four months of this year, a 42% increase over 2015 levels https://t.co/sSOIpds8dV
EnergyFactCheck
#Solar #power just sold for the lowest price ever, in Chile! https://t.co/BoC5r6rayo @BloombergNEF https://t.co/j7BrmCOjOW

DAILY FACT

Events

Tue Nov 01 @ 8:00AM
ACORE Finance West