Do you know the benefits of retrofitting buildings?
Retrofitting involves making a few modifications to commercial buildings that create significant benefits like improved energy efficiency and decreased energy demand. As you might be aware, renovations are costly and time-consuming, but they can be worthwhile in the long run. Here are three reasons why retrofitting buildings is a smart idea:
Increased Energy Performance
As the U.S. Department of Energy states, energy-efficiency retrofits can decrease energy demand and, consequently, lower your power bill. This is especially true for old buildings that are equipped with old HVAC systems because the newer ones are more cost-effective. Lighting fixtures, wall insulation, and roofing materials can also contribute to increasing your building’s energy efficiency.
It goes without saying that happier employees tend to be more productive. When you make renovations that reduce moisture, improve indoor air quality, and prevent mold growth, you’re contributing to a healthier lifestyle, which increases productivity. While retrofitting might sound like an unnecessary expense, it can actually help improve your cash flow.
Protect the Environment
If you care about sustainability—and you should—retrofitting a building is one of the best things your company could do for the environment. With buildings consuming around 40% of generated energy, they account for a large portion of the carbon emissions in the planet. Do you want to reduce your carbon footprint? Invest in retrofits to reduce your energy expenditure.
CREED LA fights to ensure that developers pay fair wages to all the hard-working construction professionals throughout the industry while simultaneously providing them with quality health care, continued training, and trustworthy retirement plans. To learn more about how our non-profit organization supports those building a better, greener world for us all, contact CREED LA online or at (877) 810-7473.