Real Estate Energy Resources Overview
Energy represents 30% of the typical office building's operating costs and is a property's single largest operating expense. Building operation and management strategy changes alone can reduce energy use by 35%1. Reducing energy and operating costs can improve your profit margins, increase funds available for development of new products and services, and enhance overall corporate value.
Many organizations with commercial real estate, corporate real estate, and multifamily housing units have realized significant energy savings and increases in asset value by investing in energy-saving improvements. For example, reducing energy use by 15% in a typical 250-unit master-metered community will increase net operating income and can enhance asset value by over $1 million (using a 6 percent capitalization rate). In a similarly-sized individually metered
community, these same savings may increase asset value by over $200,000 annually1.
1Source: ENERGY STAR®
How We Can Help Real Estate ➞
Your Connecticut properties can take advantage of several energy efficiency and renewable energy programs funded through the Connecticut Energy Efficiency Fund and the Connecticut Green Bank. You can benefit from cash incentives and attractive financing options like Commercial-PACE and from the full- service energy efficiency program Small Business Energy Advantage.
To find smart energy options that are right for you, please visit our Find a Solution page or see a list of popular choices below.
Educational Resources for Real Estate ➞
A number of national organizations offer educational courses throughout the year and are great resources related to selling green real estate.
Better Buildings Solution Center
Better Buildings, an initiative of the U.S. Department of Energy (DOE), partners with leaders in the public and private sectors to make the nation’s homes, commercial buildings and industrial plants more energy efficient by accelerating investment and sharing of successful best practices. Their Solution Center, a sharing resource for Better Buildings partners, also includes information about upcoming webinars, workshops and conferences.
The Appraisal Institute, a global professional association of real estate appraisers, offers a variety of resources including many centered around the valuation of sustainable properties:
Residential Green and Energy Efficient Addendum- (PDF) — Assists appraisers in analyzing residential “green” features and properties
Green Resource Council - Offers courses about green topics, trends and practices in real estate
Available Programs ➞
Rebates & Instant Discounts ➞
It’s easier than ever to invest in energy-saving improvements and renewable energy projects. Visit C-PACE.com to get started together.
C&LM Financing Small Business & Municipal Loan Program
Get loans to help your small business or municipality invest in energy-saving improvements
Low-Interest Loans for Commercial & Industrial
Make energy savings pay off with low-interest financing for qualified energy-efficient improvements to your commercial or industrial operations.