The Energy Star Certification On Home Prices

RSLs more likely to invest in energy efficiency measures than those in private rented dwellings

According to Nielsen, in the United States approximately 40% of residential consumers are using less energy than consumers in 1970 (Consumers Want Energy Efficiency, 2015). Approximately 76% of consumers plan on doing something about their high utility bills in the next three years. Consumers are planning on spending up to $240 million to do just that (Consumers Want Energy Efficiency, 2015).

Grand Homes gives a huge importance for energy efficient construction, net zero construction. Grand has consistently maintained the minimum requirements for the rating-ENERGY STAR®; Grand has successfully built homes that have ratings as low as 61. Grand wishes to implement all the cost effective technologies to achieve net zero homes.

How energy efficient you want your home to be is up to you. Simple changes can go a long way. Magnolia Property Consultants will help you to understand energy efficiency as well as the areas in your home you should focus on. Leaky windows or poor insulation are things that could become very costly in the near future. Finding out about them before you buy your home and getting them fixed saves you time and

With all the uncertainty in the world and the average American burning a huge hole in their pockets because of the higher cost of living while still making the same salary, how can one possibly keep money in the bank? Imagine a home and appliances that can keep your home cool during the summer months and warm during winter, while operating efficiently with less power and using less energy resources. Imagine no more my dear reader, Energy Star rated homes and appliances can save the average American consumer approximately 30% on their utility bills. Not only does having an Energy Star homes and appliances help save you money but for the more environmentally conscious consumer it helps keep 4,500 lbs. of greenhouse gases out of the atmosphere each year. “Energy Star is becoming one of the most recognized and common-sense way to ensure that

Energy Efficiency: The Generation Y population is one that’s hopped on the “green living” bandwagon, and many of them are looking for energy efficient features in their homes, like tankless water heaters and natural gas. Many of them are also interested in homes

It is not just LEED that has been promoting this mindset of only carrying out a bare minimum effort. Organizations in existence such as the U.S. Green Building Council were created to help guide companies to achieve green certification through the cheapest means possible. It has advised universities to achieve green points by offering courses on green building, told employers to give workers a video game room and fitness center, and instructed builders to create fire-alarm systems that minimize the stress on firefighters all with the intention to buy easy points (Schnaars and Morgan). Considering that a building only needs 40 of these points to be considered green, it seems much too easy for them to achieve green certification by doing things that barely make them green at all. One way to make companies and buildings step

To receive an L.E.E.D certification, building projects satisfy prerequisites and earn points to achieve different levels of certification. L.E.E.D was by the U.S Green Building Council (USGBC). Since its inception in 1998, L.E.E.D has grown to encompass more than 14,000 projects in the U.S. L.E.E.D was created because USGBC had a vision that buildings and communities will regenerate and sustain the health and vitality of all life within a generation, USGBC’s mission was to transform the way buildings and communities are designed, built, and operated, enabling an environmentally and socially responsible, healthy, and prosperous environment that improves the quality of life. There are four certification levels for L.E.E.D construction- certified, silver, gold, and platinum that correspond to the number of credits accrued in five green design categories: sustainable sites, water efficiency, energy and atmosphere, materials and resources, and indoor environmentally quality. L.E.E.D is a reward system that comes with certification, such as access to expert technical support; wide-ranging marketing benefits, the unbiased, transparent assurance that the project team cut no corners in the marking or updating of a Class A green

North American green-roof market will double over the next five years with growth at 10% yearly for the following 15 years

LEED certified homes work by creating a home with less impact on the environment. "Buildings are rated on their ability to maximize the efficiency of their operations while minimizing their impact on the environment." (LEED Certification- What Is It and Why Does It Matter?) There are three levels of efficiency including silver, gold, and platinum. The way to achieve higher levels is to get more LEED points in certain categories such as how much energy the building used in a month. After adding these points together, the architect then checks the charts to see what level the house is in. These levels can be great selling points when selling to a customer that is interested in helping the environment. The higher the LEED level, the more interest that the building can bring in. Also, being LEED certified can be a great advantage when a customer is deciding what architect that they are going to use. A few ways that these buildings can get points are being efficient with energy, water, waste, and the materials used to construct the

As one of the most prevailing Green building certification program, LEED was a way to encourage architects and investors to the adoption of sustainable building practices. Researches have been done on the LEED certification and other Green building certification’s price premium, cost-effectiveness, and environmental policies implications. The environmental regulatory policy has been a strong tool to promote LEED in the publicly owned buildings in the states with high socioeconomic status. This paper contributes to the implications of the states socioeconomic status’ relationship to the commercial sectors’ acceptance of LEED certifications. The results of this research support that socioeconomic attributes of a state not only

However, both large-scale and small-scale certificates are traded differently. The Government of South Australia’s Department of th Premier and Cabinet wrote an report, Integration of Renewable Energy Sources into the Electricity Market, which states, “LRET certificates are traded in an open market where the price varies in accordance to the variations in

The negative impacts of the industrial revolution have become apparent over the past decades from the rise of global temperatures due to greenhouse gas emissions and many other detrimental environmental crisis. Many individuals and governments are concerned with the growing negative impacts humans are having on the planet and are starting to become proactive by making changes to reduce consumption across the board from electricity to water. Most preexisting structures use outdated and inefficient methods of construction and utilize cheap materials that are not suited for their environment making them incredibly inefficient with our world’s finite resources. The University of Arizona has been trying to change this by progressing towards environmentally friendly and aesthetically appealing structures for academic, residential, and other mixed uses across campus. Currently there are nine buildings that are leed certified with four that are pending certification. When it comes to being LEED certified there are four different levels of certification that can be achieved from a general certification to the higher Silver, Gold, and Platinum ratings. Out of the nine buildings on University of Arizona’s campus that are LEED certified only four of these buildings were granted the Platinum level certification and the Environment and Natural Resource building 2 was one of them. The reason this building is one of the

The concept of green building builds upon the model of minimal disturbance to landscapes and site condition, use of non-toxic recycled and environmental friendly building materials and renewable energy. In the US, green building accounts approximately about 2% in 2005 of the new non-residential building market, 12% in 2008; and is expected to grow to 28%-35% in 2010. The estimates for green residential buildings are even lesser, at 0.3% of the market. But this trend is likely to grow due to high consumer confidence and a growth in the number of green builders. After the US, Australia and Canada, India has also emerged as the hottest destination for green buildings. According to the Indian Green Building Council (IGBC), the concept of green buiding is picking up the momentum in India and has grown at a strong pace highlighted by the fact that in 2001 there was 1 green building with 20,000 sq. ft. and by 2013 this had grown to about 2,236 green buildings with 1.65 billion sq. ft. depicting strong growth. This kind of growth of green construction is mostly observed in commercial, corporate (Special Economic Zones), and industrial buildings both from the public and private sectors.

While so, housing alone takes up major portion of total energy usage. According to United States’ Environmental Protection Agency (EPA), it accounted for 38.9 percent of total U.S. energy consumption in 2005. In year 2006 it took 72 percent of total U.S. electricity consumption and this number will rise to 75% by 2025. So it can be seen how change in managing housings can lead to positive changes (EPA).