It’s no secret that renewable energy alternatives present attractive new options for commercial real estate owners. The challenge is, where to start? The choices alone can be staggering: solar, wind, biomass, hydro, to name a few. Success requires not just a deep understanding of the technologies involved, but a sound strategy and follow-through implementation process. Even the occupants also demand to buy a property having renewable energy source as a backup to their property. Also with growing concern towards environment, it is further predicted that over the coming years, more and more people will be looking forward to invest their money towards such homes which appreciates the value of property and at the same time keep operational/running cost low. The other imporatnt factor for choosing green homes over conventional energy powered home is their being hassle free with easy Installation, Maintenance and Billing which is almost Zero! – as compared to grid based system. Green energy has found its niche among several Real estate developers. With plenty of roof space available, these projects can set a precedent for utilization of open free space for installing solar panels and wind mills for generating their own power.
It is also seen that more and more Real estate developers are incorporating non-conventional energy into their projects due to new policies and initiatives taken by the Government that leads to several tax benefits and rebates on green projects, thus saving input costs manifold.
- Solar Energy:
To install Solar panels requires less maintenance, giving you complete peace of mind and can be setup on Roof-Tops of buildings or common areas. They can be used in numerous ways such as lighting the common street lights, parking areas etc.
- Wind Energy:
Wind turbines can be installed on roof-tops of high-rise buildings to get the most out of wind mills and produce energy efficiently, Wind Mills should be installed in areas with high circulation of winds with speed in between 40 m/s (144 km/h, 89 MPH) to 72 m/s (259 km/h, 161 MPH) for commercial generation of electricity.
- Hybrid Batteries:
A very good back up option in event of failure of both Wind and Solar energy. Its energy could still be utilized that is stored in the form of battery, giving you a reliable backup.