How Energy Efficiency Goals Hinge on Home Remodeling

by lcmremodel

In addition to updated kitchens and bathrooms, house hunters are increasingly looking for upgrades that might be less flashy, but will save them money over the long run.

 

      

About 94 percent of homebuyers want energy-star rated appliances according to the most recent National Association of Home Builder’s survey of homebuyer preferences. Another 91 percent sought an overall energy-star rating for the home, and almost 90 percent wanted energy-star rated windows.

The good news is, more newly built homes fit that bill, which is making the nation’s housing stock increasingly energy efficient. And the Department of Energy’s Residential Energy Consumption Surveys provide the proof.

Between 2005 and 2009 (the latest data available), the total number of households increased by 2.5 million, yet total residential energy consumption was down slightly. In fact, housing-based energy consumption fell almost 6 percent on a per-household basis. While some of the energy savings can be credited to the Great Recession—during which many Americans lost their jobs and income, limiting overall consumption including energy—the decline in energy use is also because of  important advances in how homes use energy.

Newly constructed homes tend to be more efficient than older homes with respect to energy use, particularly as measured on a per square foot basis.

Consumers who purchase newly built homes aren’t the only ones who can benefit from lower energy bills. Upgrading existing homes to include more energy efficient features can save money for those homeowners, especially in the Northeast and Upper Midwest, both of which have older housing stocks and colder climates.

Consumers who purchase newly built homes aren’t the only ones who can benefit from lower energy bills. Upgrading existing homes to include more energy efficient features can save money for those homeowners, especially in the Northeast and Upper Midwest, both of which have older housing stocks and colder climates.

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