Green Building Renovations To Increase Through 2015

Date: 05/20/2010 | Source: ForConstructionPros.com
Lennar PowerSmart Homes

Source: Kamana.org

Green building renovations are defying the downward spiral seen in the general market for renovation work. As a result, green building retrofits that promote efficient energy usage are anticipated to increase substantially through 2015 and emerge as the “new normal” in the building industry, according to leading market research firm SBI Energy. Green renovations currently account for about 7% of the total renovation market and are anticipated to grow to 13% of the market by 2015. Much of the sector’s growth can be attributed to stimulus funding throughout the world for energy efficiency improvements, though green building materials have shown that they are cost effective alternatives to standard building components and are increasingly in demand by businesses and homeowners alike. Click here to learn more about this trend in green building today!

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