Question: (ING) built its new headquarters building in Amsterdam using green principles to reduce energy consumption. The building used primarily passive cooling systems, made use of
(ING) built its new headquarters building in Amsterdam using “green” principles to reduce energy consumption. The building used primarily passive cooling systems, made use of daylight, and applied various other energy efficiency techniques which increased the building’s construction costs by about $700,000. These systems reduced energy costs by approximately $2.9 million per year.
REQUIRED
Calculate the payback period in months for ING’s energy investment.
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