University Of Michigan Green Roof Cost Saving Study

People can also install green roofs on their own cutting down the costs significantly.

University of michigan green roof cost saving study.

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. They both build and renovate buildings to include green. Over its lifetime though the green roof would save about 200 000. 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.

Ross school of business green roof university of michigan. Ross school of business 2009. According to the study a green roof will cost around 464 000 556 561 in 2016 dollars and 335 000 for a conventional roof 401 827 in 2016 dollars. 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 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. This analysis found that the typical installation cost for a green roof depends on its size with the price per. Extensive green roof non accessible. Studies bear this out.

However those researchers did determine that the green roof would save an additional 200 000 over its lifetime. To further illustrate the environmental protection agency has made an estimation for the costs of green roofs. 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. The university found that the green roof would cost 464 000 to install versus 335 000 for a conventional roof in 2006 dollars.

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. Actual data on cost savings concluded that a 20 000 sq. Loyola university in chicago has more green roofs than any other university in the midwest. From that study they concluded that the green roof would cost 464 000 whereas a conventional roof would only cost 335 000.

A university of michigan study showed that a 21 000 square feet 464 000 green roof will save 200 000 over its lifetime. Green roofs can extend a roof s lifespan by two or three times.