25 Jul '11, 2pm

How Chicago Can Make an Even Bigger Impact with Building Retrofits

How Chicago Can Make an Even Bigger Impact with Building Retrofits

Improve the economics of efficiency. Bundling efficiency measures together often enables synergies between measures that reduce their capital cost (see, e.g., the $17 million saved in the Empire State Building project by Johnson Controls Inc., Jones Lang LaSalle, Clinton Climate Initiative and RMI). In addition, as part of the careful planning and analysis process, measures can be coordinated with end-of life equipment/component replacements and tenant fit-outs to further reduce cost -- not to mention inconvenience. • Fundamentally enhance building value. Deep energy retrofits can create several different forms of value through newer equipment/components, creating a more pleasant and healthy space that requires very little energy cost. Depending on the building owners and their organizational or business strategy, the retrofit can be designed to increase net operating inco...

Full article: http://www.greenbiz.com/blog/2011/07/25/how-chicago-can-m...

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