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Lack of data stalls green retrofits

June 10, 2010
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BLOOMINGTON, IN — The Deutsche Bank Americas Foundation is funding a database project to help determine the energy and cost savings that are possible from green retrofits in major office buildings, according to a press release.
It is believed these retrofits save energy and reduce costs but, "the largest obstacle to making these [retrofit] practices go mainstream is the lack of data," said Gary Hattem, president of the Deutsche Bank Americas Foundation.
The data, Hattem believes, can convince building owners that green and sustainable retrofits are valuable, save money and worth the investment.
"This problem is found in many industries," says Cynthia Schultz, chief operating officer (COO) of Sustainable Dashboard Tools LLC., a web-based tool that helps JanSan distributors measure and monitor fuel and energy use and other data so they can operate in a more sustainable manner and cut costs.
"Everyone suspects there are savings, but there are few measurement tools available to prove it," Schultz added.
The Deutsche Bank Americas Foundation acknowledges that no study like this has ever been undertaken but believes it is long overdue, the release stated.
According to a summary of the project, "The goal is to cut through the noise and the rhetoric and provide a definite link between green and sustainable and savings."
Click here to read the complete release.
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