Vert Energy Group

Vert Energy Group

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energy efficiency and cost reduction for Energy Benchmarking Compliance, Building Energy Audits, and Energy Upgrades. Official Website: http://www.VertEnergyGroup.com

Vert [vurt], (noun)

the heraldic color green

Vert Energy Group (noun)

A privately owned organization of professional services that serve to help reduce environmental impact and improve operating efficiency with the fundamenta

12/30/2022

We’re looking forward to serving our property managers and building owners again in 2023: www.app.vertpro.com/login

11/14/2022

This month's Vert Report Vol: 26 - Inflation vs building material costs

With rising inflation rates and turmoil in a post covid world, many are concerned about what this means to the building industry. Inflation can have a significant impact on building costs, as the cost of materials and labor tends to increase when inflation rates are high. To stay within budget, it is important to monitor inflation rates and be prepared for potential cost increases.

“CBRE’s new Construction Cost Index forecasts a 14.1% year-over-year increase in construction costs by year-end 2022 as labor and material costs continue to rise. Escalation should stabilize to the 2%-4% range in 2023 and 2024, on par with historical averages. A confluence of events—including soaring construction demand, inflation, pandemic-related restrictions, supply chain disruptions, labor shortages, and the war in Ukraine—are spurring rising, costs and uncertainty across the construction industry.” 2022 U.S. Construction Cost Trends | CBRE

Read More: https://bit.ly/3TnlA09

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Telephone

Address


100 Spectrum Center Drive
Orange, CA
92868

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm