Today, most inefficient commercial buildings are small and built by smaller developers. When these buildings are constructed or renovated, it’s typically not cost effective to add high efficiency features. Because of this, these buildings tend to be drafty and of poor air quality, making the home or work environment uncomfortable. Did you know that inefficient buildings waste up to half of the energy that they consume? This presents an opportunity to make buildings more efficient. By doing so, owners can save energy and money, while improving the value of their building. That’s where Colorado House Bill 1236 comes into play. This measure would provide a tax credit to building owners who invest in making their buildings more efficient; the credit is larger for developers of low-income apartments. It makes economic sense to provide incentives for instituting positive change while creating jobs. Lets hope our state legislators see that too!
—Nicole Shook