Chester Higgins Jr./The New York Times
The practice of retrofitting buildings with simple, environmentally friendly technology like more-efficient boilers and better-quality windows has been around for years, but there is little research on how much energy these changes actually save — and by extension, how much money they can save landlords and lenders.
In an effort to supply that information, Deutsche Bank Americas Foundation, the philanthropic arm of the German bank, is financing the creation of a public database of several hundred retrofitted buildings in New York City and a companion report to determine the savings from such moves.
“Retrofitting buildings is considered the low-hanging fruit in carbon reduction, but despite its simplicity, it is still not mainstream,” said Gary Hattem, president of the Deutsche Bank Americas Foundation. “The largest obstacle to making these practices go mainstream is data that will convince building owners to retrofit their properties and at the same time increase underwriters’ willingness to finance the projects.”
The project, called the Deutsche Bank/Living Cities Building Energy Efficiency Data Report, was begun last fall when the bank brought together an advisory committee that included utilities like Con Edison, city agencies like the New York City Department of Housing Preservation and Development, and lenders like the Community Preservation Corporation.
http://www.nytimes.com/2010/06/02/realestate/commercial/02deutsche.html
Value Energy Solutions is an Atlanta based lighting retrofit company that helps owners, managers and engineers reduce their energy costs. Value Energy Solutions has more than 30 years experience providing creative and effective lighting solutions that improve the illumination for building users and reduce electrical bills. Their expertise, wide selection and value pricing cannot be beat. For more information please call (678) 501-4880 or visit our lighting retrofit website- www.valueenergysolutions.com
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