16 September 2007
The costs for building green overstated
A recent report by the World Business Council for Sustainable Development has confirmed what many of us have believed for a long time, that the real cost for a more environmentally friendly building is likely to be under 5%.
The report outlines how a widespread 'opinion' of many industry professionals is that the cost is around 17%. This explains why in most consumers minds an environmentnally friendly building is beyond their means.
We were pleased to see that our own experience is in line with the report. We have found that depending on the project value, 5% is the maximum that is necessary to create a more environmentally friendly house. According to our figures, this can be achieved for around $5-10 per week spread across a mortgage.