Cost savings from efficiency gains are at the core of the green building business case. Significantly lower energy bills are said to be a major factor in the green rent premium observed in earlier studies. Our study tests this relationship by inferring energy costs from operating expenses for a large dataset of U.S. office buildings and relating them to rental rates. We find that eco-certification is associated with a higher than anticipated total energy expenditure, which is the opposite of its expected effect.

Clean power production, buildings, and transportation are key areas for climate change mitigation. Their tighter integration decreases not only the emissions, but also the energy consumption of buildings and transportation. Energy integration and interactions between buildings and vehicles are dependent on the type of building, vehicle, and renewable energy system, as well as the local climatic conditions. The current academic literature does not provide a systematic analysis of this topic.