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April 6, 2015 12:18 am
New homes increasingly offer the energy-efficient features today’s homebuyers are seeking, according to the National Association of Home Builders (NAHB). Recent studies by the organization indicate that home builders are more likely to include features like low-E windows, Energy Star-rated appliances and windows and programmable thermostats in new homes this year.
“Whether it’s improved insulation or sustainable building materials, today’s new homes can reach higher energy performance and greater durability than was possible even 20 years ago,” explains Tom Woods, NAHB chairman and home builder from Blue Springs, Mo. “And programs like the National Green Building Standard help consumers achieve their efficiency needs.”
One NAHB survey found that Energy Star-certified materials are a priority for Millennials new to the housing market. In fact, 84 percent of this group is willing to pay 2-3 percent more for an energy-efficient home as long as they can see a return on their power bills.
Some homebuyers are looking for even more sustainable features, prompting an increasing number of single-family and multifamily builders to deliver green homes. Green builders incorporate energy, water and resource efficiency; improved indoor environmental quality and sustainable and locally sourced products into their projects.
Another NAHB survey revealed that nearly 25 percent of builders installed alternative energy-producing equipment in new construction. This includes geothermal heat pumps and photovoltaic solar panels. The current 30-percent tax credit available for homeowners who install this equipment is set to expire at the end of 2016, which makes this a good time for interested buyers to consider purchases.
Published with permission from RISMedia.
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