The Financial Benefits of Sustainable Property
Green real estate is not just an environmental buzzword; it’s a smart financial move. Property investors and owners are increasingly recognising that sustainability isn’t just about being eco-friendly; it’s also about boosting income and asset value. One key aspect of this transformation is the adoption of natural refrigerant heat pumps, a game-changer in more ways than one.
First, consider the environmental impact. A substantial portion of a building’s operational carbon emissions originates from heat and hot water. Fitting heat pumps, especially high-temperature models, can significantly reduce this carbon footprint. But the benefits don’t stop there. Choosing natural refrigerants means fewer fugitive emissions, which are the release of high Global Warming Potential (GWP) refrigerants into the atmosphere. These emissions are now considered in a building’s carbon footprint, making your property a more attractive investment.
Local manufacturing further enhances the eco-credentials. Using locally manufactured heat pumps reduces the embodied carbon, a factor that can be quantified through a CIBSE TM65 assessment, and adds value to your sustainable real estate.
However, the initial cost of installing heat pumps can be a barrier. That’s where green finance comes into play. Green finance solutions can cover the upfront costs, and in some cases, these financing arrangements may not impact your balance sheet. Instead, these costs can be recouped through higher rental values. Check out Clade’s solution at Clade’s Heat-as-a-Service with zero technical risk as well.
The bottom line? Fitting financed natural refrigerant heat pumps doesn’t just make your real estate more eco-friendly; it makes it more valuable and appealing to both investors and tenants.
Putting this all together, the heat pump and improvements to the building can be paid for by increased rental and asset value, minimising the impact on real estate investors.