Research Article

A Financing Model to Solve Financial Barriers for Implementing Green Building Projects

Table 1

Overview of three residential building projects applying different energy reduction items.

Category ItemsEquipmentEnergy saving (%)Additional costs
(US$/3.3 m2)
Case Case Case Case Case Case Case Case Case

Change of the insulating materialsNeopor thermal insulation (0.032 W/m2K)4.001.45
Change of the insulation thickness of the bedroom and balcony0.156 W/m2K/170 mm 7.80 5.70
Application of the insulating materialsChange of the insulation thickness of the balcony0.432 W/m2K/55 mm
Change of the insulation thickness of the ground and top floor0.195 W/m2K/0.175 W/m2K    
150 mm/150 mm (65 + 85)     
1.500.32
Reinforcement of the pipe insulationElastomeric flexible cellular insulation  0.502.12
IRChange of windows of the bedroom0.97 W/m2K/22 mm + 16 mm (double glazing) (PVC290)3.402.62
Change of windows of the balconyDry: PVC170 (L/S), wet: PVC130 (S/D)2.201.52
Change of windows of the living room1.51 W/m2K/52 mm
(triple glass (R183))
1.18 W/m2K/52 mm (triple glass (PVC220))4.308.302.664.02
Application of hi-per windowsReinforcement of thermal performance of the windows1.51 W/m2K (double window)
(PVC16 mm + PVC16 mm)
1.404.23
Reinforcement of thermal performance of the front door0.99 W/m2K (insulation door)0.501.09
Reinforcement of thermal performance of the door to balcony2.16 W/m2K (wood door)1.301.36

BoilerBoilerCondensing boiler8.940.36
Application of the private high efficiency equipmentHigh efficiency lamps
(bedroom)
FPL32W1.050.03
High efficiency lamps
(bathroom)
FL28W0.140.03
HEHigh efficiency lamps
(front door, balcony)
LED21W/EL15W1.040.58
Ventilation systemHeat recovery ventilator + heat exchanger7.005.30
Application of the public high efficiency equipmentHigh efficiency lamps
(basement garage)
FL29W1.230.03
Electric transformerHigh efficiency electric transformer1.530.84

REPhotovoltaic system0.06 kw/housing unit3.22.78

OWater treatment systemWater transportation pump0.120.02
LED (light-emitting diode) signsLED0.460.11

Total33.9646.9650.1618.7127.5334.50

IR: insulation reinforcement.
HE: high efficiency equipment.
RE: renewable energy.
O: other.