University Of Michigan Green Roof Cost Saving Study

However over the life of the green roof it is estimated that it will save around 200 000 239 897 in 2016 dollars in energy costs.

University of michigan green roof cost saving study. According to the study a green roof will cost around 464 000 556 561 in 2016 dollars and 335 000 for a conventional roof 401 827 in 2016 dollars. However those researchers did determine that the green roof would save an additional. Projects can vary greatly this study included three roof sizes. The study looked at a range of benefits of green roofs including stormwater management improved health benefits due to reduced pollution and energy savings.

Extensive green roof non accessible. Ross school of business 2009. People can also install green roofs on their own cutting down the costs significantly. Six separate cash flows were.

Over its lifetime though the green roof would save about 200 000. In a study done by the university of michigan they compared the costs of the two types of roofs for a 21 000 square foot roof. There could be individual facility cost saving benefits as well. Loyola university in chicago has more green roofs than any other university in the midwest.

Ross school of business green roof university of michigan. A university of michigan study showed that more than 50 percent of the cost associated with installing a green roof will be returned in the form of lower maintenance and reduced energy usage over the lifetime of the green roof system. From that study they concluded that the green roof would cost 464 000 whereas a conventional roof would only cost 335 000. The michigan state university study of different roof surfaces showed that the green roofs in the study on average retained around 60 percent of rainfall whereas conventional roofs retained.

Green roofs benefits include. The relative costs cost saving benefits and added value of a green roof versus a black roof over a 50 year timeframe was then accounted for and discounted back to present value. The university found that the green roof would cost 464 000 to install versus 335 000 for a conventional roof in 2006 dollars. The university of michigan performed a valuation study comparing a 2 000 square meter conventional roof and a green roof.

A recent study by the lady bird johnson wildflower center at the university of texas showed that a green roof could reduce a building s air conditioning bill by about 21 percent compared with a traditional tar based black roof.