ZEBs takes extra step for green properties

Net Zero Energy Buildings are becoming more popular.

Property management companies looking to improve the sustainability of a current property, or are interested in acquiring a new property, may want to consider options that are beyond just green. There is an option for buildings that will help a company get their property to a point where it is beyond completely energy efficient.

A Net Zero Energy Building will get a property the typical amount of energy needed to power it, but has its own green power source where it generates so much power, it actually can give some back, according to National Real Estate Investor. The building also is completely green in the fact that it has sustainable parts to help operate it.

This is becoming a more common option in many parts of the country, though the technology has been around for a few years. Many commercial property managers are coming around to green building, while this technology is still readily available, the news source explained.

While many aspects of this technology may be good for properties, there is some reason for caution. Budgeting for such a building can be tricky at the beginning.

"You still have to pay attention to having a reasonable construction budget, you don't want to give up space just so you can have a sustainable feature," James Matson, principal at HGA Architects and Engineers, told the news source. "You can go overboard and it may not pay off in the long run as fast as you might think."

Green building demand to increase in near future
Building sustainability is becoming more popular throughout many parts of the country, which may help property management companies better run their commercial buildings.

Within the next four years, the level of new commercial construction should increase for green building materials, giving the market nearly $87 billion, according to a report from The Freedonia Group. This would be an increase of more than 10 percent in this type of investment per year.

The projected sharp increase in spending followed a long amount of growth in the solar sector, the report added. From 2002 to 2012, the level of solar panels installed on commercial properties rose significantly, and this may become more common in the near future. The driving force in this is the continued need for more efficient properties, as well as tax incentives that make them viable.

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