Why are energy standards important?
Energy Efficiency Standards have made buildings more comfortable, lowered energy costs and reduced greenhouse gas emissions since 1978. Energy standards help builders use energy efficient construction methods, which saves money in utility costs.
Why are the Title 24 standards required to be updated?
The California Energy Commission must, by law, adopt new energy standards that are cost effective for homeowners every three years, based on a 30-year lifespan of a typical building. As new energy efficient technologies and construction methods are identified, the standards are updated. This saves energy, increases the reliability of electrical utilities, increases comfort, and avoids the need to build power plants.
How do these standards affect the cost of a new home?
The 2016 Building Energy Efficiency Standards will increase the cost of constructing a new home by about $2,700 on average, but will save $7,400 in energy and maintenance costs over 30 years. So, when considering a 30-year mortgage with a 5 percent interest rate, a consumer might spend an additional $11 per month for the average home, but might save $31 on monthly heating, cooling, and lighting bills.