P. 1
Illinois Cz4 2012 IECC True Cost

Illinois Cz4 2012 IECC True Cost

|Views: 0|Likes:
Publicado porbcap-ocean

More info:

Published by: bcap-ocean on Mar 29, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

01/31/2014

pdf

text

original

FOR NEW HOMES IN

ILLINOIS Climate Zone 4

2012 International Energy Conservation Code
Upgrading new homes in Illinois’ Climate Zone 4 to the 2012 International Energy Conservation Code (IECC) will reduce out-of-pocket expenses for homeowners – paying o their initial investment in a matter of months. For the average new home, the 2012 IECC will only increase construction costs by a total of $958-1,775. When this amount is rolled into the average mortgage, real costs to homebuyers will mean a down payment increase of only $192-355, and $4-7 extra on monthly mortgage bills. The added mortgage costs will be o set by monthly energy savings of $34-35, helping homebuyers pay o their initial investment in only seven to thirteen months. After breaking even during that time, the home will return buyers a pro t of at least $27 per month—for a total return of $326 every year. This return on investment is shown in balance sheet below. For additional Incremental Cost Analysis, please visit energycodesocean.org.

7 13 MONTHs

Break-Even Point

$302.88
2-year Profit

1 9-20%
Annual Energy Reduction

$1,279.56
5-year Profit

Energy Code Payback for Illinois Single Family Homes
Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Mortgage Increase $355.03 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 $6.79 Monthly Energy Savings $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 $33.92 Cumulative Cost/Bene t -$321.11 -$293.98 -$266.85 -$239.72 -$212.59 -$185.46 -$158.33 -$131.20 -$104.07 -$76.94 -$49.81 -$22.68 $4.45 $31.58 $58.71 $85.84 $112.97 $140.10

This model assumes a 2,400 square foot home. The mortgage is conservatively set at 30 years, with 20% down and the current average nationwide interest rate of 4.03%. With a lower down payment—such as 10% down—consumers will break even on their investment even sooner.

BREAK EVEN AND START EARNING $27 IN PROFIT EVERY MONTH.

FOR NEW HOMES IN

2012 ENERGY CODE Payback:

ILLINOIS Climate Zone 4

Homes are the biggest investment we make—and everyone deserves a home that meets national minimum energy e ciency standards. While it’s true that homeowners can always improve the e ciency of their homes, it is far more cost-e ective to upgrade building components during construction, putting in better windows or swapping out one grade of insulation for a better one. Here’s what buyers get with the 2012 IECC:

CLIMATE ZONE 4

High-efficiency Lighting

$ 25
Whole-house Sealing and Testing

$ 350
Hot Water Insulation

$ 100
Insulation Upgrades

$ 601-1,418 WALL $ 497 CEILING

Homes built to the 2012 IECC could yield a

Additional Upgrades:
Increased Sealing at Air Handlers and Furnaces Improved Bathroom Ventilation HVAC System Savings

R

-

$27 profit every month
and $9,400 over 30 years.

$100

$100 + $815

For additional Incremental Cost Analysis, please visit energycodesocean.org

You're Reading a Free Preview

Descarga
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->