Author Topic: Anyone here doing "green building" projects?  (Read 4550 times)

Sarah Bikes

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Anyone here doing "green building" projects?
« on: September 02, 2012, 09:29:46 PM »
Hi - I posted back in April that I was looking for a "side hustle" that was completely online.  Well, I dropped the small plans and went for something bigger - I'm starting my own (online) law practice, doing "Green Building" law.  It's at sarahkaplanlaw.com.  One thing I'd like to start helping people with right away is innovative financial arrangements that make green measures affordable.  Does anyone here work with anything like that?  I'd love to know what innovations are happening in this area, and I'd appreciate any feedback. 

-Sarah

ShavinItForLater

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Re: Anyone here doing "green building" projects?
« Reply #1 on: September 02, 2012, 10:43:02 PM »
I don't work with anything like that myself, but I've heard a lot about innovative financing deals surrounding solar.  Coupling overproduction from Asia with various recent tax and utility incentives for alternative energy, solar seems to suddenly be more cost effective, to the point where many solar companies are offering deals to finance the materials and labor to install the panels in exchange for an agreement to share in the savings long term. 

The idea is that it makes the solar have an instant ROI for the homeowner, rather than a many years to payback scenario, thus broadening the potential market considerably.  I expect you have to give up some of the "profits" to the company when you sign up for a deal like this, to cover the financing cost and risk that the company is taking on, but if it's that or a really long payback, seems like there is value for many homeowners who don't have loads of disposable cash and who might not know with certainty that they will stay in the property long term.
 
I know very little about law, though it sounds like there is a lot of potential contractual complexity--for example, I believe most of these agreements are binding beyond the house being sold (at least to the next owner).

I have a relative that owns a company that manufactures and installs wind turbines as well, mostly for the roofs of commercial & government buildings, but I don't know much about his business, and zero about any financing options he might offer.

MooreBonds

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Re: Anyone here doing "green building" projects?
« Reply #2 on: September 03, 2012, 07:22:45 AM »
Hi - I posted back in April that I was looking for a "side hustle" that was completely online.  Well, I dropped the small plans and went for something bigger - I'm starting my own (online) law practice, doing "Green Building" law.  It's at sarahkaplanlaw.com.  One thing I'd like to start helping people with right away is innovative financial arrangements that make green measures affordable.  Does anyone here work with anything like that?  I'd love to know what innovations are happening in this area, and I'd appreciate any feedback. 

-Sarah

Congrats on starting your venture!

One thing to keep in mind is that commercial markets will often have larger potential than residential (in terms of contract size). Also, while it is purely dependent on the owner, I'd guess that some property owners might be more open to different options when you stress the ROI versus the homeowner - not only because landlords/business owners are more in-tune with focusing on the bottom line, but also because it is easier to (for instance) plop a solar array on top of an industrial building in an industrial neighborhood than a random house (which could have homeowner association issues, but also simply have some aesthetic issues for the homeowner to get over).

For solar, look for what areas would be ideal for positioning a solar array...in terms of angle of exposure of the roof, low neighboring buildings, etc., and simply do a lot of cold calling.

Also, as a suggestion, talk to one or two contractors that you can get some referrals on, to see if you can work up a "recommended contractor/systems" list - which you wouldn't get kickbacks from, but just a way to help the client make a decision, since many are either busy or don't have any expertise/interest in picking random names out of the phonebook. Same thing with suppliers.

Some people may not want you to be a one-stop-shop source for all of that...but my guess is that many clients will. The easier you make it for them to simply sign up with you and you have all of the contacts ready to go, the more they might be willing to do the project (note: from a liability perspective, you still might want them to sign a contract direct with the contractor, rather than going through you). Also, if you agree to refer all of your business to one or two contractors and one or two solar panel suppliers (if your clients are looking for a referral), they might cut you better pricing to pass along to your clients.

One final suggestion - it might be difficult for you to get your first client or two. Try to work your existing network of personal/professional contacts to see if you can find someone willing to be your first two clients that you will give "free" services to (they'll still pay for the solar arrays, or whatever design it is), but you'll have that critical list of existing installations you can point to and market. Even better if you can have a "before and after" real-world results of what they paid for utilities before and after (of course, don't just look at the total electric bill cost, factor in the degree days, kW-Hr usage, last year's temperature vs this years, etc.)
« Last Edit: September 03, 2012, 07:24:19 AM by MooreBonds »

carolinakaren

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Re: Anyone here doing "green building" projects?
« Reply #3 on: September 26, 2012, 05:52:16 PM »
I can't offer much advice on this topic, but congratulations on your new business!  I think green building is fascinating.  I don't know anyone that works in that area, however we have a local group called Charlotte Green Drinks.  They meet once a month for eco-friendly business networking.  Maybe your city would have a similar group that could help you build your business?  Keep us updated on how things are going! 

anastrophe

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Re: Anyone here doing "green building" projects?
« Reply #4 on: September 27, 2012, 09:58:50 AM »
Not sure of the etiquette, but I know a few people who have degrees in green building (some universities now have them) and are practicing in construction...I don't mean LEED-certified people working for large corporations, just small-scale type biz. I wonder if setting up some meetings with professionals near you to ask about their needs might be beneficial just from an informational perspective?

http://www.usgbc.org/myUSGBC/Members/MembersDirectory.aspx?CMSPageID=140

totoro

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Re: Anyone here doing "green building" projects?
« Reply #5 on: September 27, 2012, 10:28:23 AM »
I am a lawyer with some experience in this area in Canada.  You need to find the funding first because most green technologies are more expensive than conventional alternatives.  LEED certification can be a marketing strategy, but purchasers do not want to pay that much more for it.   Follow government programs which assist with these kinds of projects.  Go to conferences on this topic.  Network with those in government and industry.  Understand the marketplace very very well.  Find the spot where motivation crosses with cost effectiveness and focus your practice on these clients.  It is not a market for idealists, but realists.

slugsworth

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Re: Anyone here doing "green building" projects?
« Reply #6 on: July 26, 2013, 09:47:23 PM »
I know this is an old topic, but I was curious how it has worked out. I work as a developer and development consultant. . . almost every project is certified Green.

 

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