Saturday, May 9, 2015

Putting a Value on Energy Efficiency

The Bullitt Center is said to be the most energy efficient commercial office building in the world. This article talks about how they are taking an interesting, first-of-it's kind approach to putting a value on their savings from energy efficiency.

Using a finance structure similar to that of a power purchase agreement for solar or othr forms of electricity, their plan is to meter the amount of energy use the building would have used as a traditional building, and then the Bullitt Center will sell back it's unused energy to Seattle's electricity company. Putting a monetary value on their energy savings could be a great incentive for other buildings and companies to improve their energy efficiency. 

Net Impact is visiting the Bullitt Center today, and I'm excited to learn more about this building!

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