from #Propmodo: “‘Electricity 4.0’ Will Change Buildings Forever

“More than half of existing US buildings were built before 1980. Nearly two-thirds of our existing buildings will still be operational in 2050. Buildings more than four decades old were never designed to meet the challenges of our current decade. Upgrading and replacing energy-consuming equipment in buildings is the key to unlocking a new revolution in energy, according to Schiender. In the United States alone, more than $279 billion could be invested across the residential, commercial, and institutional market segments. This investment could yield more than $1 trillion of energy savings over 10 years, according to estimates from the Rockefeller Foundation. Better yet, retrofitting America’s building stock would create more than 3.3 million cumulative job years of employment.”

Full article here: https://www.propmodo.com/electricity-4-0-will-change-buildings-forever/

#energysavings #buildings #propertymanagement #nfpa

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