Green leases are an important tool in promoting energy efficient buildings. They help to align the financial and energy incentives of both building owners and tenants to save money and reduce energy consumption. In leases where the building owner pays energy bills, tenants have little reason to change their behavior to save energy. In other cases, building owners have no incentive to invest in energy saving features because they pass energy costs on to their tenants. Green leases help to address these issues and make sure that both the owner and the tenant benefit from energy efficiency improvements.
A number of stakeholders, including GPIC, have come together to create the Green Lease Library, which consolidates green lease resources into a single site accessible for all audiences. You can browse best practices, toolkits and guidance on how to develop, negotiate and implement a green lease.
Check out www.greenleaselibrary.com today for more information.