2012 International Energy Conservation...
Transcript of 2012 International Energy Conservation...
2012 International Energy Conservation CodeUpgrading new homes in Houston, Texas to the 2012 International Energy Conservation Code (IECC) will reduce out-of-pocket expenses for homeowners – paying o� their initial investment in a matter of months.
Energy Code Payback for Houston Single Family Homes
Break-Even Point22 MONTHs
$36.59
1 3 %
$569.03
Annual Energy Reduction
2-year Profit
5-year Profit
The added mortgage costs will be o�set by monthly energy savings of $21, helping homebuyers pay o� their initial investment in only twenty-two months. After breaking even during that time, the home will return buyers a pro�t of $15 per month—for a total return of $177 every year. This return on investment is shown in balance sheet below.
For the average new home, the 2012 IECC will only increase construction costs by a total of $1,622. When this amount is rolled into the average mortgage, real costs to homebuyers will mean a down payment increase of only $324.58, and $6.21 extra on monthly mortgage bills.
MonthMortgage Increase
Monthly Energy Savings
1 $324.58 $21.00 -$303.58
2 $6.21 $21.00 -$288.79
3 $6.21 $21.00 -$274.00
4 $6.21 $21.00 -$259.21
5 $6.21 $21.00 -$244.42
6 $6.21 $21.00 -$229.63
7 $6.21 $21.00 -$214.84
8 $6.21 $21.00 -$200.05
9 $6.21 $21.00 -$185.26
10 $6.21 $21.00 -$170.47
11 $6.21 $21.00 -$155.68
12 $6.21 $21.00 -$140.89
19 $6.21 $21.00 -$37.36
20 $6.21 $21.00 -$22.57
21 $6.21 $21.00 -$7.78
22 $6.21 $21.00 $7.01
23 $6.21 $21.00 $21.80
24 $6.21 $21.00 $36.59
BREAK EVEN AND START EARNING $15 IN PROFIT EVERY MONTH.
CumulativeCost/Bene�t
For additional Incremental Cost Analysis, please visit energycodesocean.org.
This model assumes a 2,400 square foot home. The mortgage is conservatively set at 30 years, with 20% down and the current average nationwide interest rate of 4.03%. With a lower down payment—such as 10% down—consumers will break even on their investment even sooner.
FOR NEW HOMES IN
Houston, TX
R-
Homes are the biggest investment we make—and everyone deserves a home that meets national minimum energy e�ciency standards. While it’s true that homeowners can always improve the e�ciency of their homes, it is far more cost-e�ective to upgrade building components during construction, putting in better windows or swapping out one grade of insulation for a better one. Here’s what buyers get with the 2012 IECC:
For additional Incremental Cost Analysis,please visit energycodesocean.org
High-efficiency Lighting
HOUSTONCLIMATE ZONE 2
$ 5 0
Window Upgrades
$ 1 , 4 2 8
Hot Water Insulation
Additional Upgrades:
Sealed & Insulated Attic Hatch
$ 1 0 0
$ 1 0 0
$3 0 2 ATTIC
Insulation Upgrades
$15 profit every monthHomes built to the 2012 IECC could yield a
and $5,000 over 30 years.
2012 ENERGY CODE Payback:
FOR NEW HOMES IN
Houston, TX
HVAC System Savings $ 4 0 8+
Programmable
$ 5 0Thermostat