Houston Property Owners Could Benefit from Initiative for Green Technology

By
Real Estate Broker/Owner with 2M Realty

Houston real estate goes greenA new program in Houston designed to encourage property owners to improve the energy efficiency of their buildings will offer incentives for some types of renovation, Mayor Annise Parker announced this week.

"The Energy Efficiency Incentive Program is an unprecedented opportunity for commercial building owners and managers to actively engage in the city-wide sustainability strategy - to make Houston a greener, cleaner and healthier place for ourselves and future Houstonians. The energy efficiency projects completed as part of this program will .... help buildings achieve their sustainability goals," she said in a statement.

City government will commit $3 million in seed funding to environmentally motivated improvement projects. If an approved engineering estimate finds that a given renovation will result in at least a 15 percent savings in energy costs, Houston will make anywhere from $20,000 to $200,000 - up to 20 percent of the improvement's total cost - available to the property owner.

In addition to the city incentives, Houston real estate owners should consider the savings on energy costs by themselves. The difference between unmodified old buildings and new renovations can be startling, experts say.

Posted by

________________

Mark W. Martin is President of 2M Realty. He is active in real estate sales and develops land in the Houston real estate market. To view real estate listings in the Greater Houston market, please see our Houston MLS and Houston Homes for Sale pages.

2M Realty has simple goals in mind: Simplify the real estate process, reduce stress for Buyers and Sellers, earn client trust, and keep client trust. These simple but lofty goals are backed by over 20-years experience as a Texas real estate broker and Houston Realtor.

Comments (1)

Bryan Cerny
Rose & Womble Realty - Chesapeake, VA

Wow...nice move in the "Energy Belt" of the country....perhaps we will see the same in Hampton Roads!!!

Feb 11, 2011 09:36 AM