Builders responding to demand for more energy efficient homes

Young adult buyers have ranked homes and products with Energy Star certifications as a priority

The National Association of Home Builders is trumpeting the benefits of energy efficiency to builders and buyers. In a press release, NAHB pointed to homebuyer surveys that indicate efficiency is among the most-valued features in a new home.

Millennials have ranked homes and products with Energy Star certifications as a priority, and say they would pay up to 3% more for a home that would lower their utility bills. In an NAHB survey, one-quarter of single-family home builders said they have installed advanced heating and cooling systems such as geothermal heat pumps, and photovoltaic solar panels, in new homes.

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According to survey findings, by 2022, the percentage of “dedicated green” single-family builders (those doing over 90 percent of their projects green) will be 31 percent. (Photo: Pexels)
According to survey findings, by 2022, the percentage of “dedicated green” single-family builders (those doing over 90 percent of their projects green) will be 31 percent. (Photo: Pexels)