Due to its durability and low maintenance requirements, concrete is an excellent choice for driveways, roads, and especially parking lots. However, the industry notion that concrete is far more expensive than other pavements isn’t necessarily true. Designed properly and early enough in the project, concrete pavements can be very price competitive upfront.
Low to no Maintenance Costs
Compared to other alternative paving options, concrete has little to no maintenance costs during its lifespan. Periodic resealing with the proper product can extend the service life of your concrete pavement even longer. Less maintenance throughout the life of the lot also means less impact to the building tenant.
Concrete can last decades longer than other paving alternatives. A concrete parking lot or driveway can withstand wear and tear for 30-40 years. The upfront investment you make in concrete will more than pay you back when you can go years without replacing or repairing.
Decreased Energy Costs
Concrete is much brighter than other paving alternatives, which will require less outdoor lighting—saving you electricity costs. The lighter color also results in a reduced heat island effect in large parking lots—so you can also save money on energy costs since you’ll spend less on air conditioning. Darker paving alternatives absorb heat during the day and release it after the sun goes down, increasing the temperature of the parking lot and surrounding buildings during summer months. Concrete’s lighter color reduces this problem.
Concrete’s competitive price point offers myriad benefits you’ll enjoy for the next 30-40 years. Check out the infographic below to learn more about concrete benefits.