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Electrical Energy Efficiency and Emerging Technologies in Northwest Agriculture
The Northwest Energy Efficiency Alliance (NEEA) funded this report to gather key market intelligence to support its agricultural energy efficiency and market transformation goals.
Understanding the Importance of Energy Efficiency in the Home Purchase Process
"Northwest Energy Efficiency Alliance (NEEA) recently conducted a quantitative survey of ENERGY STAR homeowners and potential buyers. This study investigates perceptions around energy efficiency within the home purchasing process with the intention of assisting real estate and home appraisers to better assess Northwest ENERGY STAR Homes in the region. Findings from the report indicate nearly two-thirds of homebuyers do not consider energy efficiency as a key factor contributing to their purchase decision, though it is a strong secondary driver. In fact, two-thirds of potential homebuyers express a willingness to pay more for an energy-efficient home. While four in ten did not know their homes were ENERGY STAR certified at the time of purchase, the majority did recognize and value the energy efficiency of their homes. One-third of respondents surveyed are aware that Northwest ENERGY STAR Homes are designed to provide a 15% increase in energy savings above code. In addition, they associated their ENERGY STAR homes with lower bills, higher quality, increased comfort and higher resale value "--Publisher's description (viewed August 17, 2016).
