# Economic Impact of Wind & Solar Energy on Buildings (Dollar Amounts Saved by Renewable Energy)

**For Hospitals:**

*Each dollar saved in energy costs is equivalent to generating new revenues of $20 for hospitals, **or $10 for medical offices and nursing homes. So if you produce $250,000 per year with a wind turbine **it is equal to generating $5,000,000 in new annual revenues for hospitals or $2,500,000 for medical **offices and nursing homes.*

### For Hotels:

*A 10% reduction in energy costs for the average full service hotel is equivalent to increasing**Average Daily Rate by 2.6% and increasing Occupancy Rate by 4.3%. For the average limited **service hotel, a 10% reduction in energy costs is equivalent to increasing Average Daily Rate by 1% **and increasing Occupancy Rate by 2.4%. Now consider, what this means to your hotel if **you can produce$250,000 per year of electricity per year with a wind turbine.*

### For Office and Industrial Buildings:

*Each dollar invested in energy performance improvements in commercial real estate at a 20 to 30%** savings rate, is equivalent to increasing Net Operating Income by 3 to 4% and increasing Asset Value. **So consider the impact if you produce $250,000 in power with a wind turbine, you increase the NOI of the building, and capitalized at 10%, your building value increases $2,500,000.*

**For Supermarkets:**

*A 10% reduction in energy costs for the average supermarket is equivalent to increasing net profit margins** by 15%, increasing Earnings Per Share by $.06, and increasing sales per square foot by $71. Consider what it **means if you produce $250,000 per year for your super-market in power savings.*

### For Churches:

*If your church can create $48,000 in electricity savings through wind power or renewable energy it is **equal to increasing your church membership by almost 50 members. If your church can create $250,000 in **renewable energy it is equal to increasing your membership by 228 members.*

### For Convenience Stores:

*A 10% reduction in energy costs for your store, is equal to your increasing your net profits by at least 15%, plus **the wind turbine will drive in additional traffic, and increase your gross sales within a range of 11% to 19%.*

### For Schools and Universities:

*2 80 kwh wind turbines that can produce a total of $120,000 per year in energy savings can allow you to **hire additional teachers, buy books, increase educational potential.*

### FOR RETAIL SHOPPING CENTERS, MALLS, RETAIL STORES:

A 20 kWh wind turbine, in ideal wind conditionscan lower the electric bill from $1000 to $1800 per month.

An 80 kWh wind turbine can lower the electric bill from $3,000 to $6,000 per month.

A 250 kWh wind turbine can lower the electric bill from $10,000 to $20,000 per month.

Calculate the impact upon value for a 20 kWh: $1,000 mo = $12,000 additional NOI, at 8% cap = additional value to facility of: $150,000.

Calculate the impact upon value for an 80 kWh: $3,000 mo=$36,000 additional NOI, at 8% cap = $450,000.

Calculate the impact upon value for a 250 kWh: $$10,000 mo = $120,000 per year additional NOI, at 8% cap = $1,500,000.