Energy Efficiency Tax Credits & Incentives Pay Back In Big Ways With Premier SIPS
New construction energy efficient tax incentives (IRA Tax Credits or Deductions) are simplified with high performing Premier..
The U.S. Department of Energy (DOE) reports the country’s school districts spend more than $6 billion per year on energy. The agency notes that amount exceeds the combined expenditures for computers and textbooks. Moreover, “up to 30% of a district’s total energy is used inefficiently or unnecessarily.” While it is possible to retrofit older schools or to implement programs that lower energy consumption, the clear way to use energy most wisely is to design and build schools from the start with that goal in mind.
Originally published in Educational Facility Planner Magazine, volume 47 issue 1
Education Facility Planner Magazine
School districts typically paid $1.25 per square foot annually for energy in 2008, according to Touchstone Energy Cooperatives. At that rate, a mid-size district operating 800,000 square feet of facilities spends $1 million or more per year for energy. Rising energy costs cut into schools’ ability to fund critical educational needs, from books and supplies to teachers.
While it is possible to retrofit older schools or to implement programs that lower energy consumption, the clear way to use energy most wisely is to design and build schools from the start with that goal in mind. A key is ensuring a tight, well-insulated building envelope. Educational facility professionals at all levels – from private grade schools to public colleges – are developing ultra-energy-efficient schools with advanced building envelope components such as structural insulated panels (SIPs).
SIPs help reduce energy consumption in educational facilities and other institutional and commercial buildings up to 60% and provide a ready way to help achieve net zero energy status. As building heating and cooling are a major part of school operating budget costs, lowering energy use is a key way for administrators to save money year after year.
Continue to Read Full Article in Educational Facility Planner Magazine’s sustainable communities feature: Reducing School Operating Costs via Building Material Choice. Here you will understand more about SIPS and read about the following schools across the country that used SIPS as their energy efficient building product of choice.
Want more? See a few articles that we have featured on SIPs school projects on our blog:
Joe Pasma, PE, Premier SIPS Technical Manager
Contact Joe Pasma, PE, Premier SIPS’ Technical Manager
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As the oldest manufacturer in the SIPs industry, Premier’s SIP system is the proven prefabricated building envelope framing system for your next commercial or residential structure. Faster, stronger, and greener than outdated lumber framing methods, SIPs are the future of framing. Join the other thousands of structures built with SIPs, and contact the expert in your local region to get started.