There is never a better time to improve the energy efficiently of
your future home than at the time of purchase. Energy improvements
financed in the mortgage at purchase save more money in energy cost than
they add to your mortgage payment. ( a positive cash flow), increase
your home value ( a dollar saved in annual energy cost adds 20 dollars
to the value of the home), and improve the comfort of the new owners, (
put your own value on comfort). This is a win, win, win, win situation.
The realtor has a happy customer, the customer will have an energy
efficient comfortable and healthy home, the environment is happy we are
reducing co2 emissions, Agreenergy gets to perform a rating and
collect a fee for such services.
An energy rating is your key to unlock
- EEM, EIM Eco link and other financing tools
- Utility rebate programs
- Federal state and local incentives
Check our Financials Menu Options for more information.
Energy Ratings and Energy Mortgages Increase Purchasing Power
The ability to leverage a home buyer’s investment in
energy efficiency increases the number of qualified home buyers and
increases the purchasing power of the consumer. A recent analysis by the Environmental
Protection Agency (EPA) confirmed that energy efficient mortgages
can have a dramatic impact on increasing the opportunities for home
ownership. The analysis found that an average of 6.8% more families would
be able to qualify for a mortgage through an energy efficient mortgage.
Improving A Home’s Energy Efficiency Increases the Market Value of a Home
A study published in the Appraisal Journal
documented that the market value of a home increases $20 for every $1
decrease in the annual energy costs. According to a recent analysis by the
Pacific Northwest National Laboratory building a home to exceed the Model
Energy Code would result in an annual savings of $170 to $425. Applying
these findings to the analysis published in the Appraisal Journal would
equate to an increased home market value of between $4,250 to $10,625.
Home Energy Ratings: The Key to Energy Mortgages
Home energy ratings provide a standard measurement of a home’s
energy efficiency. Ratings are used for both new and existing homes.
The rating report includes all of the information that your lender will
need to underwrite an energy mortgage, including a calculation of the
monthly energy savings and the present value.