What impact will energy data for 110 million homes have on the energy efficiency industry?
By: Ryan Meres, RESNET Programs Director
For more than a decade studies have consistently shown that home buyers want energy-efficient features, but few are aware of the impact those features have on energy cost. The average U.S. homeowner spends more on energy than property taxes and insurance, but energy is the only one of those three common expenses not considered in the mortgage process. The announcement and report released by the Rocky Mountain Institute (RMI) that real estate platforms have begun including energy information in their listings is a significant step toward reducing the barrier to the transparency of energy use in the home-buying process.
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