The Costs of LEED Certification

Last Updated:
Wed, 2019-01-09 22:05

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 a consultant to help navigate the applicant through the certification process, reports the newspaper.

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.