University Of Michigan Green Roof Cost Saving Study

Ross school of business 2009.

University of michigan green roof cost saving study.

The university found that the green roof would cost 464 000 to install versus 335 000 for a conventional roof in 2006 dollars. They both build and renovate buildings to include green. Loyola university in chicago has more green roofs than any other university in the midwest. The study looked at a range of benefits of green roofs including stormwater management improved health benefits due to reduced pollution and energy savings.

A 2006 study from the university of michigan compared the expected costs of conventional roofs with the cost of a 21 000 square foot green roof and found that over its. Research from the university of michigan showed that with initial roof costs of a green roof and a conventional roof relatively being 464 000 and 335 000 the green roof would actually save around 200 000 over its lifetime. Over its lifetime though the green roof would save about 200 000. Extensive green roof non accessible.

Ross school of business green roof university of michigan. According to sustainable south bronx on a 90 degree day a green roof is about 80 f while a black roof is 175 f causing substantial wear and tear. Studies bear this out. 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.

However those researchers did determine that the green roof would save an additional 200 000 over its lifetime. Green roofs can extend a roof s lifespan by two or three times. Over its estimated lifespan of 40 years a green roof would save about 200 000 of which nearly two thirds would come from reduced energy costs. Actual data on cost savings concluded that a 20 000 sq.

Green roof at the university of michigan 8 compared to a conventional roof would save 200 000 solely from increased longevity health savings and storm water tax credits gained. 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. Green roofs are approximately 6 to 8 per square foot cheaper to install than semi intensive green roofs and in both cases larger green roofs cost less per square foot to install than smaller green roofs. To further illustrate the environmental protection agency has made an estimation for the costs of green roofs.

A university of michigan study showed that a 21 000 square feet 464 000 green roof will save 200 000 over its lifetime. People can also install green roofs on their own cutting down the costs significantly.