LEED stands for "Leadership in Energy and Environmental Design," a designation of the USGBC. Both new and existing buildings achieve LEED certification by first being sure to meet specific green prerequisites, most importantly: achieving a specific level of building energy efficiency.
Surprisingly, many existing buildings already have such a high level of energy efficiency that they can meet the LEED energy efficiency prerequisite without any mechanical upgrades to their building energy systems. In other cases, only slight modifications are needed to raise energy performance to meet LEED standards.
There are significant cost-effective benefits to achieving LEED EBOM certification, both direct and indirect. Direct benefits include: reduced operating costs, increased net operating income (NOI), higher occupancy rates, and an increase in the value of a building.
The indirect benefits of LEED EBOM certification include risk mitigation of: building value erosion, rapid rise in utility costs, and tenant demand for green operations. Other indirect LEED EBOM benefits include: increased tenant heath & productivity, excellent marketing and public relations, and the recognized LEED operations and maintenance (O&M) metrics that fit seamlessly into corporate sustainability green building programs.
With such cost-effective benefits, it's no surprise that there is an explosion in registration of existing buildings for LEED certification.
Jimmy Carchiaetta, LEED AP, is the founder & CEO of The Cotocon Group, New York, N.Y.

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