Building your home

Guide to energy efficient homes

In today’s world, the push towards sustainability and eco-conscious living is stronger than ever. As a result, energy-efficient homes are gaining traction in the real estate market. According to the National Association of Realtors (NAR), homes equipped with energy-saving features, like solar panels, are becoming increasingly desirable, as homeowners seek to reduce their environmental footprint.

If you’re considering upgrading your home with green features, this guide will walk you through everything you need to know, from the improvements that can boost your home’s value to how to assess your Home Energy Score.

Key Takeaways:

  1. Solar Panels Add Value: Homeowners can significantly increase their property’s value by incorporating energy-saving features like solar panels.
  2. What to Look for in an Energy-Saving Home:
    • Green Features
    • Efficient Design
    • Good Insulation
  3. Making Your Existing Home Energy-Efficient:
    • Switching to Smart Thermostats
    • Installing LED Light Bulbs
    • Opting for Energy-Saving Appliances

Energy-Efficient Home Data:

  • NAR’s 2023 Realtors and Sustainability Report reveals that 50% of agents and brokers have assisted clients in buying or selling properties with green features in the past year.
  • LEED-certified homes use 20-30% less energy than traditional homes, and some report up to 60% in energy savings.
  • Installing solar panels can lead to substantial electricity savings, ranging from $20,000 to $97,000 over the system’s lifetime.
  • According to the 2022 Global Sustainability Study, 89% of consumers have made changes to be more sustainable in their purchasing habits.
  • Thanks to the 2022 Inflation Reduction Act, there are various tax credits and rebates available for eco-conscious homeowners, covering everything from energy-efficient appliances to home retrofits.
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Energy-Efficient Home Checklist:

  1. Size of the Home: Larger homes tend to be less efficient due to increased energy requirements for heating, cooling, and powering various features.
  2. Green Features: Look for homes equipped with eco-friendly features like solar panels, heat pumps, Energy Star-certified appliances, and rainwater collection systems.
  3. Building Design: Open concept layouts are often more efficient, as they are easier to temperature-regulate and require fewer building materials.
  4. Insulation: Opt for homes with well-insulated spaces, with spray-foam insulation being the most energy-efficient type.
  5. Doors and Windows: Efficient, well-sealed doors and windows can reduce heating and cooling costs. Consider installing shades for added efficiency.
  6. Energy Sources: Homes with renewable energy sources, such as solar, can lead to substantial energy bill reductions.
  7. Indoor Environment Quality: A good ventilation system improves efficiency while reducing indoor pollution.
  8. Landscaping: Look for homes with drought-tolerant plants, especially in regions with limited rainfall.

The Impact on Home Sales:

  • Energy-efficient features not only reduce ongoing utility costs but also positively impact the environment by conserving important resources.
  • According to NAR’s 2023 Generational Trends Report, efficient heating/cooling and windows/doors/siding are highly valued by buyers.
  • A Zillow study found that in New Jersey, homes with solar panels can sell for nearly 10% more than those without.
  • The Inflation Reduction Act provides $9 billion in consumer energy rebate programs for transitioning to energy-efficient appliances.
  • Additionally, a 30% tax credit is available for installing solar panels and battery storage systems.
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For homeowners looking to enhance their property’s efficiency and resale value, these green upgrades can offer substantial returns. While upfront costs may be a consideration, the existence of tax credits provides a compelling incentive.

Home Energy Score: Your Roadmap to a Greener Home

The U.S. Department of Energy offers a Home Energy Score, akin to a miles-per-gallon rating for your home’s energy efficiency. Scores range from 1 (least efficient) to 10 (most efficient), providing valuable insights to help you save money through strategic green improvements.

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