LEED certification costs breakdown as follows, according to this article by the Environmental Leader:
- Project registration fee: $450 for members and $600 for non-members.
- Certification fee based on the size of the project and square footage: $1,750 to $17,500 for members to $2,250 to $22,500 for non-members.
- Commissioning agent: Starts at about $15,000.
In addition, there are extra costs, which may include hiring a sustainability consultant or LEED AP to help navigate the applicant through the certification process, reports the newspaper. If you’re new to sustainability, it’s highly recommended to work alongside a LEED consultant. They have a passion and technical understanding of the LEED certification requirements that will ensure that you meet your goals on time and within budget.
Owners of commercial buildings may be able to charge higher rents based on their building’s status. The Royal Institution of Chartered Surveyors (RICS) studied the financial performance of “green” office buildings in the United States, finding that a commercial building with an environmental certification will rent for about three percent more per square foot with the difference in effective rent estimated at about six percent per square foot. The increment to the selling price may be as much as 16 percent, according to the study.
Other studies have also shown benefits of LEED certification to include greater productivity among employees, more loyalty to a company that implements certification, and greater satisfaction with their job.
So although there are upfront costs of LEED Certification, you’ll find that the monetary and health benefits certainly make up for it.
If you’re interested in learning more about what’s involved with getting a building certified, you should consider enrolling in a LEED training class. Regardless of whether you go on to take the LEED exam and earn a credential, it would certainly be advantageous to learn about LEED requirements if you plan on pursuing certification for a building project.