Commercial energy efficiency retrofits to total $959 billion from 2014-2023
BOULDER, Colo. — Because of the substantial number of existing buildings, retrofits are a critical pathway to greening the world’s commercial buildings, notes Navigant Research.
Regulations and policy measures, technological advances, and cost reductions are all driving increased investment in energy efficiency retrofits. According to a report from the research firm, cumulative investment in commercial building energy efficiency retrofits is forecast to total $959 billion from 2014 through 2023.