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ASSIGNMENT ID
1013331
SUBJECT AREA Biology
DOCUMENT TYPE Essay
CREATED ON 25th March 2018

Essay on Financial Benefits and Overall Expenses of Green Buildings

There were doubts concerning green buildings. Which are buildings that are green? , What effects do they need? , What do they mean financially? ,These are a few of the questions that require answers. The Green Building Council of South Africa refers to a green construction as "a building that is energy efficient, resource efficient and environmentally friendly responsible-which incorporates design, operational and construction practices that significantly reduce or eliminate its negative impacts on the environment and its occupants" (GBCSA, 2013). The substances and technology employed in green buildings only make 1 wonder if there are any financial benefits, and the way the general costs are affected of constructing such buildings. This section will look at these 2 places in detail. Financial Benefits When we examine financial benefits, it is not only during construction but post-construction also. Financial benefits offered by green buildings across traditional buildings comprise lower maintenance and operations costs, electricity and energy economy, productivity and lower employee health expenses. As per a study by Davis Langdon "Costing Green: A Comprehensive Cost Database and Budget Methodology",( Morris P et al, 2004) that a sin has been made that taking into consideration elements like climate, place and other variable variables between non-green plants and green buildings, many green buildings led to little if any effect on the general budget. Considering all the requirements a green construction has, which logically ought to have a massive impact on the budget proves to not be the situation. Operation and Maintenance Costs To determine the operational and maintenance costs of this green building in the long-run, a job life cycle cost an...

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