Pennsylvania Cz4 2012 IECC True Cost_0

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  • 8/2/2019 Pennsylvania Cz4 2012 IECC True Cost_0

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    2012 International Energy Conservation Code

    Upgrading new homes in Pennsylvanias 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 NEW HOMES

    PennsylvanClimate Zone 4

    Energy Code Paybackfor Pennsylvania Single Family Homes

    Break-Even Po18 29 MONT

    $71 8 . 81

    1 6 - 1 7 %

    $2, 099. 5

    Annual Energy

    Reducon

    5-year Profit

    10-year Profit

    The added mortgage costs will be oset by monthly energy savings of $35.95,

    helping homebuyers pay o their initial investment in only eighteen to

    twenty-nine months. After breaking even during that time, the home will return

    buyers a prot of $23 per monthfor a total return of $276 every year. This

    return on investment is shown in balance sheet below.

    For the average new home, the 2012 IECC will only increase construction costs by

    $2,428-3,375. When this amount is rolled into the average mortgage, real costs to

    homebuyers will mean a down payment increase of no more than $675, and $13

    extra on monthly mortgage bills.

    MonthMortgageIncrease

    MonthlyEnergy Savings

    1 $674.90 $35.95 -$638.95

    2 $12.94 $35.95 -$615.93

    3 $12.94 $35.95 -$592.92

    4 $12.94 $35.95 -$569.91

    5 $12.94 $35.95 -$546.90

    6 $12.94 $35.95 -$523.88

    7 $12.94 $35.95 -$500.87

    8 $12.94 $35.95 -$477.86

    9 $12.94 $35.95 -$454.84

    10 $12.94 $35.95 -$431.83

    11 $12.94 $35.95 -$408.82

    12 $12.94 $35.95 -$385.81

    25 $12.94 $35.95 -$84.64

    26 $12.94 $35.95 -$63.63

    27 $12.94 $35.95 -$40.61

    28 $12.94 $35.95 -$17.60

    29 $12.94 $35.95 $5.41

    30 $12.94 $35.95 $28.42

    BREAK EVEN AND START EARNING $23 IN PROFIT EVERY MONTH.

    CumulativeCost/Benet

    For additional Incremental Cost Analysis, please visit energycodesocean.org.

    This model assumes a 2,400 square foot home. The mortgage is

    conservatively set at 30 years, with 20% down and the current averag

    nationwide interest rate of 4.03%. With a lower down paymentsuch

    as 10% downconsumers will break even on their investment even

    sooner.

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    R-

    Homes are the biggest investment we makeand everyone deserves a home that

    meets national minimum energy eciency standards. While its true that

    homeowners can always improve the eciency of their homes, it is far more

    cost-eective to upgrade building components during construction, putting in

    better windows or swapping out one grade of insulation for a better one. Heres

    what buyers get with the 2012 IECC:

    For additional Incremental Cost Analysis,

    please visit energycodesocean.org

    High-efficiency Ligh

    CLIMATE ZON

    $ 2 5

    Window Upgrades

    $ 3 0 0 JAMB EXTENSION

    Hot Water Insulaon

    Addional Upgrades:

    Hard-Ducted Returns

    $ 1 0 0

    $ 2 0

    Improved Bathroom Venlaon $ 1 8

    $6 9 6 - 1 , 6 4 3 WAL$5 7 6 CEILING

    Insulaon Upgrades

    Whole-house Sealin

    $17 profit every monthHomes built to the 2012 IECC could yield a

    and $7,600 over 30 years.

    2012 ENERGY CODE Payback:

    $ 3 5 0

    and Tesng

    FOR NEW HOMES

    PennsylvanClimate Zone 4