A study by University of California – Berkeley and Lawrence Berkeley National Labaratory (Impact of Energy Factors on Default Risk in Commercial Mortgages-updated June 28, 2017) states that buildings with higher than average energy bills are more likely to have their mortgages go into default. I wonder if banks might offer energy efficient buildings more favorable funding options someday?
When I do a renovation for someone moving into an existing building, I have to consider that the existing HVAC and Plumbing systems might have been problematic for the previous owner and that may have been a factor in them leaving. Too hot, Too cold, stuffy, low water pressure, noisy.
When I worked for other companies, the company’s that were in comfortable buildings were the ones that were expanding.