Colorado, Industry Search for Value of Energy Efficiency Improvements
Cathryn and Paul Crane just moved into their new energy-efficient home in north Boulder. The house includes features such as windows with a low-emittance coating that reduces heat loss, low-flush toilets and low-vapor paint. (Heather Rousseau, The Denver Post)
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When Cathryn and Paul Crane went shopping for a new home in Boulder, what they kept thinking about was their log cabin in the mountains.
“We spent a winter there and were impressed with how energy- efficient it was,” Cathryn Crane said. “Of course, there aren’t log cabins in Boulder.”
The Cranes settled for a new house in the Northfield Village development in north Boulder with high-performance insulation and windows, zoned heating and programmable thermostats.
“Did we pay a premium for that?” she said. “Yes, I think we did, though I couldn’t tell you what it was.”
That is a big question for sellers and buyers in the housing market: What are energy-efficiency improvements worth on the price of a home?
The Colorado real-estate industry and the state energy office have embarked on a project to determine the market value of a range of energy-efficiency improvements such as solar hot-water systems or high-performance furnaces. MORE …
Filed Under: ARCHIVES • Efficiency • Feature Articles
Tags: Clean Energy Collective • energy efficiency • residential solar • weatherization


Comment by Energy Saving Switch on 30 August 2012:
I guess they would have to see what is monetarily worth it.