What are the costs of smart building technology?

What are the initial costs of implementing smart building technology?

The initial costs can vary widely, but they typically range from $10 to $30 per square foot, depending on the technology.

Are there ongoing maintenance costs I should consider?

Yes, ongoing maintenance costs can be around 1-3% of the initial investment annually, depending on the systems used.

How do these costs compare to traditional building systems?

While traditional systems may have lower upfront costs, smart building technology can lead to significant savings in energy and operational costs over time.

What are the potential savings from using smart building technology?

Potential savings can range from 20-50% on energy costs, along with improved operational efficiency and reduced downtime.