Tag Archive for ‘energy’

Renewable Energy in New Homes

A rising number of new homes include renewable energy features, a trend that is apparent in both single-family and multifamily construction. McGraw Hill Construction’s data and analytics team surveyed a set of NAHB single-family and multifamily members in 2013. According to the findings, 12% of single-family builders reported including solar photovoltaic panels in new home construction in 2013. More popular… Read More ›

Costs to Incorporate Green Features

The cost to make a home green (energy efficiency, water and indoor quality, etc) is higher than the cost of construction of other homes, and this differential may persist as more builders enter the green market. However, builder experience with green technique reduces cost as engagement in the market increases. McGraw Hill Construction’s (MHC) data and analytics team surveyed a… Read More ›

Green Building Features

A focus on energy efficiency is the most important development and design strategy that is making new housing greener according to a recent industry survey. McGraw Hill Construction’s (MHC) data and analytics team surveyed a set of NAHB single-family and multifamily members in 2013. The survey found that 62% of single-family builders and 54% of multifamily developers are doing more than… Read More ›

Energy Tax Credits: Large Impacts After 2010 Rule Changes

In 2005, Congress established a number of energy-efficiency tax incentives related to housing. These policies include the tax code section 45L credit for the construction of energy-efficient homes, the 25C credit for retrofitting existing homes, and the 25D credit for the installation of power production property in new and existing homes. Using earlier IRS data for tax year 2009, we… Read More ›

NAHB Survey on Installation of Energy Producing Equipment and Green Building

Survey data of single-family builders collected by NAHB at the end of 2013 reveal the share of builders who installed energy producing equipment in new construction, highlighting an important trend in home building. The November 2013 data finds that 23% of surveyed builders installed alternative energy producing equipment in the past year. Of those answering “yes”: 82% installed geothermal heat pumps 26%… Read More ›

Senate Finance Staff Discussion Draft: Energy Tax Incentives

Last week saw the release of yet another discussion draft from the staff of the Senate Finance Committee concerning tax reform. Following draft proposals concerning depreciation/accounting and other business expenses (such as advertising), the most recent draft proposes changes to the tax code’s rules concerning energy production and energy-efficient improvements. Under the draft proposal, most existing energy tax incentives would be… Read More ›

Energy Efficiency Should Yield 10 Percent-Plus Return, Study Says

A study published in June  presents evidence in support of NAHB’s policy, which classifies a change in building codes as cost effective if it returns at least 10 percent in energy savings the first year. The study argues that a common alternative to NAHB’s policy, using the current mortgage rate to evaluate energy efficiency, is an unrealistic assumption and produces unrealistic results…. Read More ›

Occupants Say Newer Homes are Better Insulated, Less Drafty

The Residential Energy Consumption Survey (RECS, produced by the Energy Information Agency in the U.S. Department of Energy) collects information on various housing characteristics, including the age of the structures.   Although the actual energy consumption data has not yet been released, a RECS data set containing a considerable amount of ancillary, related information is available.  For example, answers are available to… Read More ›

Energy Prices Continue to Push CPI Higher

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% on a month-to-month basis during March 2012. Once again, energy prices boosted the topline reading on the month-to-month change in price levels, as the CPI for energy jumped 0.9%, after registering a 3.2% increase in February. Retail gasoline prices averaged $3.91 nationally (across all formulations) in March, surging 7.4%… Read More ›