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An examination of the LEED green building certification system in terms of construction costs

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  • Uğur, Latif Onur
  • Leblebici, Neşe

Abstract

This study was conducted to assess cost-benefit analysis and payback period of two green buildings located in Turkey. In this context, two buildings in gold and platinum categories according to the LEED certification system were studied to present the actual expenses caused by greening. For gold and platinum certified building respectively; the additional construction cost was found to be 7.43% and 9.43%, the share of soft cost in total construction cost was stated to be 0.84% and 1.31%, reduction in annual energy consumption cost was determined as 31% and 40%, also additional construction cost's payback period was calculated to be 0.41 and 2.56.

Suggested Citation

  • Uğur, Latif Onur & Leblebici, Neşe, 2018. "An examination of the LEED green building certification system in terms of construction costs," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 1476-1483.
    • Handle: RePEc:eee:rensus:v:81:y:2018:i:p1:p:1476-1483
    DOI: 10.1016/j.rser.2017.05.210
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    References listed on IDEAS

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    2. Ghani Albaali & Mohammed Shahateet & Khaled AL-Naif & Saud Altayeb & Abdul Ghafoor Saidi, 2020. "Examining the Economic Impact of Renewable Energy in Green Buildings: A Case Study of Jordan," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 31-35.
    3. Ma, Minda & Cai, Wei & Cai, Weiguang, 2018. "Carbon abatement in China's commercial building sector: A bottom-up measurement model based on Kaya-LMDI methods," Energy, Elsevier, vol. 165(PA), pages 350-368.
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