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Return on Investment: Are Green Schools Worth the Cost?

Return on Investment: Are Green Schools Worth the Cost?

Pamela A. Lemoine, Howard C. Woodard, Michael D. Richardson
Copyright: © 2015 |Pages: 7
ISBN13: 9781466663121|ISBN10: 146666312X|EISBN13: 9781466663138
DOI: 10.4018/978-1-4666-6312-1.ch023
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MLA

Lemoine, Pamela A., et al. "Return on Investment: Are Green Schools Worth the Cost?." Marketing the Green School: Form, Function, and the Future, edited by Tak C. Chan, et al., IGI Global, 2015, pp. 302-308. https://doi.org/10.4018/978-1-4666-6312-1.ch023

APA

Lemoine, P. A., Woodard, H. C., & Richardson, M. D. (2015). Return on Investment: Are Green Schools Worth the Cost?. In T. Chan, E. Mense, K. Lane, & M. Richardson (Eds.), Marketing the Green School: Form, Function, and the Future (pp. 302-308). IGI Global. https://doi.org/10.4018/978-1-4666-6312-1.ch023

Chicago

Lemoine, Pamela A., Howard C. Woodard, and Michael D. Richardson. "Return on Investment: Are Green Schools Worth the Cost?." In Marketing the Green School: Form, Function, and the Future, edited by Tak C. Chan, et al., 302-308. Hershey, PA: IGI Global, 2015. https://doi.org/10.4018/978-1-4666-6312-1.ch023

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Abstract

The authors illustrate how school leaders are faced with many difficult choices, particularly as funding decreases and demands for student productivity increase. They explore how politicians reject the notion of green schools because they are more expensive than traditionally built schools. However, with energy costs for school districts second only to personnel costs, the return on investment in green schools can be found in both retrofitting schools and/or in new school construction. The authors conclude that, using the business technique of examining Return on Investment (ROI) for comparison, green schools can yield significant returns when efficiently managed.

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