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TREES & Plants

Dollars and sense

Here are some ways trees help our bottom line:
 

Trees save energy.

They shade our homes so we use less electricity for air conditioning. That means fewer greenhouse gases need to be produced in generating are produced in generating power.

 

Trees reduce heating bills.

Evergreens that block winter winds can save 3 percent on heating.


Trees increase our homes’ value.

Homes in neighborhoods with mature trees sell for at least 10 percent more than in neighborhoods without trees. On average, each large front yard tree adds 1 percent to a house's sales price. Large trees can add 10 percent to property value.


Trees are good for business.

Shoppers will travel farther to shop in tree-lined business districts and tend to spend more, according to research. In tree-lined commercial districts, shoppers report more frequent shopping, longer shopping trips, and willingness to spend 12 percent more for goods.


Trees pay us back.

The many things trees do for us have substantial economic benefits. A single large tree produces benefits worth more than $3,000 over its 40-year lifespan. The 3.6 million trees in the city of Chicago provide services worth $7.2 million a year by capturing air pollution, storing carbon, and reducing energy costs.