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Along with the economic climate and its impact in recent Commercial Real Estate, going green is just one of the options available in an effort to reduce construction costs and maintenance of office buildings, shops, factories and shopping malls. There can be significant savings in utility costs and there are many choices on the market with respect to heating and cooling.
Now, new solar thin films are available that cover the windows of office buildings in throughout the country. Reduce indoor temperature and reduce cooling costs. Earlier versions of the movie solar energy more reduced, but through heat than darker created an environment most notably in the north.
This new solar thin film is placed on the buildings of glass is very clear, but the cuts of infrared and ultraviolet light, while allowing through the visible spectrum. The reflection is reduced to 55% the sun's heat and increases the comfort of indoor environments. It is clear that promotes natural light and reduces the need for interior lighting. Tenants will see an increase significant heat in areas that are filmed in contrast to those being hedged.
The clarity of the new film allows in maximum light and reduces energy consumption. Some tenants have reported that there was no need to put any lighting in perimeter offices.
The new technology has enabled also that some films not only block light, but actually produce energy. These films contain new ultra-thin photovoltaic generating electricity during daylight hours. Depending on the geographical location of the building, recovery of this investment can vary from six months to three years.
Since the creation in October 2008 Law on Emergency Economic Stabilization residential homeowners who install energy efficiency improvements in 2009 are eligible for special tax credits to help defray the cost of installation.
However, interest in the Commercial Real Estate community has increased with recent spikes in oil prices and lower average incomes. The commercial property owners face economic challenges due to increased size of the property, but also can get potentially significant state and federal tax deductions. Go to href = "http://www.dsireusa.org"> www.dsireusa.org for more information on tax incentives in your state.
WANT TO USE THIS ARTICLE IN YOUR E-ZINE OR WEB SITE? You can, as long as you include this complete statement with it: The Investment Property Insider is published by Craig S. Higdon, a veteran commercial mortgage banker. He publishes the e-zine and blog, http://www.InvestmentPropertyInsider.com, for commercial real estate investors, developers, and industry professionals. Visit the blog and get this free report: The 7 Biggest Loan Mistakes Real Estate Investors Make And How To Avoid Them.
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