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Here’s a sobering statistic: Home owners spend a larger percentage of their incomes on energy costs than on property taxes or insurance.
That’s right. According to the U.S. Department of Energy, we spend 7.1 percent of our net incomes on energy vs. 4.8 percent on property taxes and 4.2 percent on homeowners insurance. Folks who earn less than $15,000 annually pay more than 15 percent of their energies for energy. Yet what do we complain about more? And which ones do we take into account when we apply for – or take an application for – a mortgage?
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Earth Advantage Partners With Build It Green to Provide GreenPoint Rated Data
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PORTLAND, Ore., March 8, 2021 /PRNewswire/ Earth Advantage
®, Inc. and Build It Green announced today a partnership to deliver green and energy-efficient home data through the Green Building Registry
® (GBR).
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Historically, important information on a home such as energy ratings, third-party building certifications or solar electricity generation have not made it into for sale listings. Thousands of dollars of value could be lost because trustworthy data was not available for listing agents, appraisers, and potential buyers to react to at the time of sale. That lack of data has prevented appraisers and lending institutions from accounting for those market reactions.
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