As our world moves towards a focus on sustainability, one area where environmentally sound practices are needed most is in the area of construction. According to the United State Green Building Council (USGBC), buildings account for nearly 40 percent of CO2 emissions in the United States. To combat that and to promote responsible energy consumption, the LEED designation was created.
LEED, which stands for Leadership in Energy and Environmental Design, is a designation given by the USGBC that denotes compliance with conservation standards for water usage, air quality, building materials, and energy conservation during and after construction. The four levels of LEED certification from lowest to highest are certified, silver, gold and platinum. The level of LEED certification is based on the level of impact a structure has on the environment. The higher the certification, the less impact the structure has.
For construction companies, LEED certification comes at a price. The minimum cost is $1200.00 and can increase depending on the size of the project and membership level. A Boca Raton construction lawyer can guide you through the process. However, there are a number of benefits that make it an enticing proposition. These include:
Tax Credits and Government Incentives
The U.S. government recognizes the importance of sustainability and offers tax credits to home builders for building a green home. LEED buildings may qualify for tax rebates for zoning allowances.
While LEED certification is expensive, it can increase your revenue potential. LEED certification indicates a commitment to sustainable or green practices in construction. Green homes have higher property values, and their value appreciates at a higher rate than non-LEED buildings. Some insurance companies offer lower insurance premiums for green homes. Green buildings also have lower energy costs, which can be enticing to potential clients
Great For The Environment
The most important benefit of LEED certification is that it promotes sustainability. According to the USGBC, LEED-certified buildings have 34 percent lower CO2 emissions, consume 25 percent less energy and 11 percent less water.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.