2022 Boise Idaho Real Estate Blog

Energy Star vs. NonEnergy Star Homes

Main Building Value into Boise Real Estate
The best way I have found to prove the value for building an Energy Star (EStar) Home is the monthly savings in your utility bills. I am going to compare two homes I have on the market, one with EStar certification and one without. Both homes are comparable in size.

Home #1 (Without EStar): 2x6 construction, 80% furnace, 50 gal water heater, Low-E windows, EStar appliances.

 Home #2 (with EStar): 2x6 construction, 90%+ furnace, EStar water heater, Low-E windows, EStar appliances. Keep in mind EStar certification also includes increased insulation, energy saving light bulbs, higher efficiency duct work, air infiltration sealing and 3rd-party verification testing.
 
Assuming the home will be built to the new 2006 residential building codes the cost to upgrade to EStar should not exceed $2000 (includes Idaho Power rebate and 3rd party certification). $2000 financed at 5.5% over 30 years is $11.36/month (includes P&I).
 
Comparing just the natural gas bills for December 2007 for the two homes, Home # 1 was $85.30 and Home #2 was $51.90, a $33.40 per month savings (39.2% reduction). THINK OF WHAT THE SAVINGS WOULD BE IF HOME #1 WAS 2X4 CONSTRUCTION!
 
So it costs $11.36 a month to finance EStar up-grades and you save about $33 a month in JUST natural gas! In this example the homeowner of Home # 2 would be putting over $22 a month in their pocket. EStar pays you to be efficient and comfortable.
 
To discuss additional values of EStar homes and green building practices contact me directly, 208-867-4587 or visit us at www.flynnerhomes.com .
 
Cheers,
 
Scott Flynn, RMB, CGP
 
Posted by Scott Flynn at 12/9/2008 6:20:00 PM

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