Advanced Engineering Economics
Sustainable buildings -- Economic aspects, Leadership in Energy and Environmental Design Green Building Rating System, Net present value
Buildings consume the majority of energy used in the United States. The practice of green construction has significant impacts on the economy as well as the environment as it’s designed to expend fewer resources. From a financial perspective, investing in green construction allows organizations to realize cost savings benefits and overall energy savings.
As mode of comparison, our project will use a Leadership in Energy and Environmental Design (LEED) building as a primary differentiator. This research project will net present value (NPV) and a green payback period to determine the economic feasibility of a project.
Rusnac, Claudiu; Abudawod, Baraa; Alluhibi, Asem; Mazari, Shailabh; Bohliqa, Ahmed; Ju, Jiali; and Bobek, Adam, "Economical Feasibility of Green Construction" (2012). Engineering and Technology Management Student Projects. 549.