Owners are no longer asking why they should invest in energy efficiency, but they’re still asking how. Once they have implemented the low-cost strategies that pay for themselves quickly, the next step is making a capital investment to upgrade HVAC systems, windows and so on. Although financing vehicles are available, it’s often difficult to know which methods will work best. We’re helping several owners navigate these waters.
What brings this to mind today is “Energy Efficiency and Real Estate: Opportunities for Investors,” a free webinar at 1pm ET on February 17 hosted by Ceres, the national network of investors and environmental groups to address sustainability challenges.
Our own Dana Robbins Schneider, sustainability program manager on the Empire State Building energy retrofit and other projects, will join panelists from California Public Employees’ Retirement System (CalPERS) and Multi-Employer Property Trust, along with Ceres and its research partner, Mercer, in an interactive hour-long session.
The session will address the hard questions around improving energy efficiency, and discuss answers that the panelists have found to overcome the challenges. In addition to the financing issue, one topic that’s bound to come up is how the investor market values energy efficiency in buildings. Many of our clients say they favor buildings with ENERGY STAR labels or LEED certification. Will they pay more for those buildings? Tune in to find out.