According to research from NAHB, nearly half of home buyers are willing to invest between $1,000 and $10,000 in order to save $1,000 annually on their utility bills, and 37% are willing to spend upward of $10,000. But do prospective homeowners know what an energy-efficient home is and the terminology surrounding the types of building practices and features they are looking for?
An energy-efficient home is one that uses less energy than a traditional home without compromising service to owners and occupants. Energy efficiency can be achieved through improved thermal envelopes, solar-oriented construction, low-e windows and efficient appliances.
Programs that measure energy efficiency include:
- National Green Building Standard (NGBS)
- ENERGY STAR
- Enterprise Green Communities
- Green Globes
- Living Building Challenge